On £25k but 'poor'?! Misery thread...
Discussion
okgo said:
What, you can live in a nice part of Liverpool (oxymorons aside) for under £100k?
What is a good job paying in those cities? £50-60k I guess?
You can buy a perfectly nice house in a perfectly nice West Yorkshire village for £100k. One that's also within easy commuting distance of Leeds. And a job paying 50-60k is a well paid job wherever you are in the country.What is a good job paying in those cities? £50-60k I guess?
simonej said:
You can buy a perfectly nice house in a perfectly nice West Yorkshire village for £100k. One that's also within easy commuting distance of Leeds. And a job paying 50-60k is a well paid job wherever you are in the country.
Really? Care to share where. I've been in W Yorkshire a while and can't quite agree with that.crazy about cars said:
Not really... in the City 50-60k is mediocre. 100k+ is well paid and anything above 200k is good.
Yes, you're right, London is a special case and 50k seems to go nowhere. Around the rest of the country 50k is still very good, though. I'm not saying it affords you an amazing house and lavish lifestyle, but it's still good going.STURBO said:
Really? Care to share where. I've been in W Yorkshire a while and can't quite agree with that.
I suppose it depends on your standards and what you're used to, but £100k gets a perfectly nice terraced house somewhere like Denby Dale and lots of the small villages around there. Admittedly it might be a bit small for a family but they're nice enough areas and the houses in question are certainly not under a motorway bridge or next to a railway and definitely not 'unpleasant' - that was the case I was trying to argue.Edited by simonej on Tuesday 11th February 21:07
simonej said:
I suppose it depends on your standards and what you're used to, but £100k gets a perfectly nice terraced house somewhere like Denby Dale and lots of the small villages around there. Admittedly it might be a bit small for a family but they're nice enough areas and the houses in question are certainly not under a motorway bridge or next to a railway and definitely not 'unpleasant' - that was the case I was trying to argue.
Fair enough I don't know that area. I think North of Leeds it's a bit more like nearer £150-200k. £100k only just gets a small flat in Otley. Edited by simonej on Tuesday 11th February 21:07
okgo said:
So it looks like I was kind of right, those places near the good jobs (for up north) are not £100k at all. And indeed the places that are 100k are not close to any good jobs, or are awful!
Eh? Ive just said that a nice enough house can be bought for £100k near to the good jobs (i.e. Leeds). Certainly within 30 minutes commute. How is that hard to believe?okgo said:
So it looks like I was kind of right, those places near the good jobs (for up north) are not £100k at all. And indeed the places that are 100k are not close to any good jobs, or are awful!
Yeh but do you know how far you can get in a 45 minute commute "up north"? You could probably even pick which city from some locations...NerveAgent said:
okgo said:
So it looks like I was kind of right, those places near the good jobs (for up north) are not £100k at all. And indeed the places that are 100k are not close to any good jobs, or are awful!
Yeh but do you know how far you can get in a 45 minute commute "up north"? You could probably even pick which city from some locations...i presume you can cover vastly more distance than that up north
NerveAgent said:
okgo said:
So it looks like I was kind of right, those places near the good jobs (for up north) are not £100k at all. And indeed the places that are 100k are not close to any good jobs, or are awful!
Yeh but do you know how far you can get in a 45 minute commute "up north"? You could probably even pick which city from some locations...Ive always had long commutes, but chosen to live somewhere I can have a nice pad, thats not so crowded....of course if you want to live 10 mins from work and your office is in a city, you dont have a lot of choice......
bogie said:
Even London in 1.40 on train ....if you like driving and someone else is paying the fuel ( you are on expenses)
It is possible - that is not in doubt, but then you're spending £500+ a month on fares, fuel and maintenance .. thus the argument is full-circle .. cheap places are cheap for a reason. Of course if you can put with the expense, potential lack of reliability (weather or transport related) and losing 4 hours of every working day then it's for you. I suspect unless you're on a whopping salary then this will not be an attractive proposition.fido said:
bogie said:
Even London in 1.40 on train ....if you like driving and someone else is paying the fuel ( you are on expenses)
It is possible - that is not in doubt, but then you're spending £500+ a month on fares, fuel and maintenance .. thus the argument is full-circle .. cheap places are cheap for a reason. Of course if you can put with the expense, potential lack of reliability (weather or transport related) and losing 4 hours of every working day then it's for you. I suspect unless you're on a whopping salary then this will not be an attractive proposition.on the other hand, in the 90s I moved house 6 times (rented places) all within 50 miles of London to be more suitable for my job at the time...sometimes living in rented rooms for years at a time...it was a means to an end
...youve got to be really fortunate to be able to buy your own home, where you CHOOSE to live within years of leaving the education system...thats just not reality for most people....took me until my mid thirties to make that choice
What people on here seem to be missing is that even close to London it is possible to buy a place of your own on the thread title salary.
Admittedly I earn a couple of £k more but I've just managed to buy my own place in SE London/Kent boarder through shared ownership - £340pm mortgage and just under the same again in rent/service charge for 50% of a 2 bed flat with parking etc, leaving £900pm for bills/living/holidays
- just me which helps (and I like the reduced section!) - worst case I'll take in an un-official friend lodger....
From where I will be I can cycle to the city in 50 mins, take a train to the west end in 20 mins etc.
Shows that even in London it can be done, it's all about managing your living costs, although thus is harder with a family admittedly.
My first few months (or until I get a new job will be hard) - I've got a budget which I plan to stick to but the plan for anybody in their early 20's like I am has to be to stretch yourself when you first start (in the sense of few luxuries) in the knowledge that as you move on career rise you will do very nicely - new jobs I'm currently interviewing for would alleviate this problem and give me an extra £800pm disposable...it can be done and I fully intend to keep the 540i!
Admittedly I earn a couple of £k more but I've just managed to buy my own place in SE London/Kent boarder through shared ownership - £340pm mortgage and just under the same again in rent/service charge for 50% of a 2 bed flat with parking etc, leaving £900pm for bills/living/holidays
- just me which helps (and I like the reduced section!) - worst case I'll take in an un-official friend lodger....From where I will be I can cycle to the city in 50 mins, take a train to the west end in 20 mins etc.
Shows that even in London it can be done, it's all about managing your living costs, although thus is harder with a family admittedly.
My first few months (or until I get a new job will be hard) - I've got a budget which I plan to stick to but the plan for anybody in their early 20's like I am has to be to stretch yourself when you first start (in the sense of few luxuries) in the knowledge that as you move on career rise you will do very nicely - new jobs I'm currently interviewing for would alleviate this problem and give me an extra £800pm disposable...it can be done and I fully intend to keep the 540i!
kiethton said:
What people on here seem to be missing is that even close to London it is possible to buy a place of your own on the thread title salary.
Admittedly I earn a couple of £k more but I've just managed to buy my own place in SE London/Kent boarder through shared ownership - £340pm mortgage and just under the same again in rent/service charge for 50% of a 2 bed flat with parking etc, leaving £900pm for bills/living/holidays - just me which helps (and I like the reduced section!) - worst case I'll take in an un-official friend lodger....
From where I will be I can cycle to the city in 50 mins, take a train to the west end in 20 mins etc.
Shows that even in London it can be done, it's all about managing your living costs, although thus is harder with a family admittedly.
My first few months (or until I get a new job will be hard) - I've got a budget which I plan to stick to but the plan for anybody in their early 20's like I am has to be to stretch yourself when you first start (in the sense of few luxuries) in the knowledge that as you move on career rise you will do very nicely - new jobs I'm currently interviewing for would alleviate this problem and give me an extra £800pm disposable...it can be done and I fully intend to keep the 540i!
So in actual fact, you haven't then. Admittedly I earn a couple of £k more but I've just managed to buy my own place in SE London/Kent boarder through shared ownership - £340pm mortgage and just under the same again in rent/service charge for 50% of a 2 bed flat with parking etc, leaving £900pm for bills/living/holidays
- just me which helps (and I like the reduced section!) - worst case I'll take in an un-official friend lodger....From where I will be I can cycle to the city in 50 mins, take a train to the west end in 20 mins etc.
Shows that even in London it can be done, it's all about managing your living costs, although thus is harder with a family admittedly.
My first few months (or until I get a new job will be hard) - I've got a budget which I plan to stick to but the plan for anybody in their early 20's like I am has to be to stretch yourself when you first start (in the sense of few luxuries) in the knowledge that as you move on career rise you will do very nicely - new jobs I'm currently interviewing for would alleviate this problem and give me an extra £800pm disposable...it can be done and I fully intend to keep the 540i!
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