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A comment on Guardian records first operating profit since 1998. Parent comment

Re:Guardian records first operating profit since 1998 by pledg on Friday May 03, 2019 @11:09AM (#19819089)
It isn't a particularly high salary for an experienced developer here in London, but struggle is an exaggeration. The majority of people in the UK and even central London are paid less than this.
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Re:Guardian records first operating profit since 1998 by chrisseaton on Friday May 03, 2019 @11:13AM (#19819124)
I doubt that’s true for professionals working in central London.

Where would you live on that much money? You’ll spend your life and most of your money commuting!

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Re:Guardian records first operating profit since 1998 by Joeboy on Friday May 03, 2019 @11:23AM (#19819217)
Live in Zone 3, spend maybe an hour and seven quid a day on the tube? London rents are outrageous, but not so outrageous you can't afford to live there on £50-57k.
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Re:Guardian records first operating profit since 1998 by chrisseaton on Friday May 03, 2019 @11:31AM (#19819288)
You’re supposed to not spend more than three times your salary on your house, according to most lenders. So that’s £150k. Are there many houses that cheap in Zone 3?
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Re:Guardian records first operating profit since 1998 by lostlogin on Friday May 03, 2019 @12:15PM (#19819679)
That 3x thing is laughable where I am in Auckland. I assume other places have it worse, unless their wages are much, much higher.
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Re:Guardian records first operating profit since 1998 by Joeboy on Friday May 03, 2019 @11:38AM (#19819358)
No, you'd probably have to rent unless you can get a massive deposit from somewhere.
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Re:Guardian records first operating profit since 1998 by vertex-four on Friday May 03, 2019 @12:20PM (#19819725)
The limit is about 4.5x, and that’s on top of any deposit you have saved.
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Re:Guardian records first operating profit since 1998 by pledg on Friday May 03, 2019 @11:36AM (#19819336)
No, that's why a vast proportion of people can't afford to buy.
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Re:Guardian records first operating profit since 1998 by pledg on Friday May 03, 2019 @11:34AM (#19819314)
That's exactly what happens.
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