Re:Britain to Foreign Workers: If You Don't Make $50,000 a Y...
by stegosaurus on Thursday February 04, 2016 @06:39PM
(#11038159)
35K GBP is an odd number. To be honest, most numbers in the UK are.
In London, with that salary, you will not be able to buy a studio apartment anywhere within commuting distance of the centre. You'd need to triple it to even think about owning an actual home.
In many cities in the north, 35K will get you a home, in cash, in <5 years.
How does that work, then? Do we deport people who fully pay off homes and retire because they're not earning 35K?
Very odd. Frankly, most of the UK's capital/income thresholds are odd for this exact reason. They end up being piffling amounts in the South East and obscene values in the North.
In London, with that salary, you will not be able to buy a studio apartment anywhere within commuting distance of the centre. You'd need to triple it to even think about owning an actual home.
In many cities in the north, 35K will get you a home, in cash, in <5 years.
How does that work, then? Do we deport people who fully pay off homes and retire because they're not earning 35K?
Very odd. Frankly, most of the UK's capital/income thresholds are odd for this exact reason. They end up being piffling amounts in the South East and obscene values in the North.