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It’s probably a little self-aware but what he’s describing is a lifestyle attainable by people with similar jobs and qualifications as what Arsenal is asking fo

It’s probably a little self-aware but what he’s describing is a lifestyle attainable by people with similar jobs and qualifications as what Arsenal is asking for, and it’s reasonable to expect it if that’s what you can get from other employers. Also, housing in much of the US is criminally expensive, and some people have unreasonably snobby attitudes about what constitutes a “decent area” in the US. Or maybe he was just making an understated and backhanded joke about the London housing market, which I’ve heard to be similarly absurd.

alt227 2y ago
> the London housing market, which I’ve heard to be similarly absurd. No matter how absurd it is, Ive never heard of a 6k per month mortgage, that is absolutely insane.
- senordevnyc 2y ago
  I’m curious where you live? I live in NYC, on the UWS, in a nice (but not extravagant) 2 bedroom apartment. It’s about 1000 sq feet, and I pay $5k per month in rent. Buying a similar place in my neighborhood would cost me literally double that per month, after putting down $300k or more. My neighborhood has hundreds of thousands of people in it, all paying similar amounts (or much much more). My building has about 60 units, and I live in one of the smaller ones. Almost half of the units rent for $12k-15k per month. This is just one of hundreds of buildings in my neighborhood alone, one of thousands in Manhattan. Of the ~350 apartments with at least 3 bedrooms for sale right in my neighborhood, only 77 cost less than $3mm. There are 52 for sale for more than $10mm, and those will almost all sell.
- desas 2y ago
  A £1.3 million house in London on a 10% deposit and a 4.7% interest rate over 30 years would be £6094 per month. The average price for a terraced house in london zone 2 is £1.7 million
  - shawabawa3 2y ago
    > The average price for a terraced house in london zone 2 is £1.7 million I have a feeling that data is wrong. If it's accurate it's definitely been pushed up by huge outliers on the top end (like £50+M properties in Chelsea and west ken that are zone 2) I think the median zone 2 terraced house is more like £1m, can't find a statistic but I just bought a £1.5m house in hackney and there were 10 £1-1.3m properties for every £1.7m+
    - desas 2y ago
      You're probably right. I just pulled it from https://www.rightmove.co.uk/house-prices/zone-2-93814.html https://www.rightmove.co.uk/house-prices/zone-2-93814.html without too much thought. Still, a £1.3m house isn't completely infeasible in London :-).
- duchef 2y ago
  I have a 6k a month mortgage in London. So - now you've heard of one!

alt227 2y ago

> the London housing market, which I’ve heard to be similarly absurd. No matter how absurd it is, Ive never heard of a 6k per month mortgage, that is absolutely insane.

senordevnyc 2y ago
I’m curious where you live? I live in NYC, on the UWS, in a nice (but not extravagant) 2 bedroom apartment. It’s about 1000 sq feet, and I pay $5k per month in rent. Buying a similar place in my neighborhood would cost me literally double that per month, after putting down $300k or more. My neighborhood has hundreds of thousands of people in it, all paying similar amounts (or much much more). My building has about 60 units, and I live in one of the smaller ones. Almost half of the units rent for $12k-15k per month. This is just one of hundreds of buildings in my neighborhood alone, one of thousands in Manhattan. Of the ~350 apartments with at least 3 bedrooms for sale right in my neighborhood, only 77 cost less than $3mm. There are 52 for sale for more than $10mm, and those will almost all sell.
desas 2y ago
A £1.3 million house in London on a 10% deposit and a 4.7% interest rate over 30 years would be £6094 per month. The average price for a terraced house in london zone 2 is £1.7 million
- shawabawa3 2y ago
  > The average price for a terraced house in london zone 2 is £1.7 million I have a feeling that data is wrong. If it's accurate it's definitely been pushed up by huge outliers on the top end (like £50+M properties in Chelsea and west ken that are zone 2) I think the median zone 2 terraced house is more like £1m, can't find a statistic but I just bought a £1.5m house in hackney and there were 10 £1-1.3m properties for every £1.7m+
  - desas 2y ago
    You're probably right. I just pulled it from https://www.rightmove.co.uk/house-prices/zone-2-93814.html https://www.rightmove.co.uk/house-prices/zone-2-93814.html without too much thought. Still, a £1.3m house isn't completely infeasible in London :-).
duchef 2y ago
I have a 6k a month mortgage in London. So - now you've heard of one!