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A comment on Ask HN: What has been your experience with bigger tech companies in London?. Parent comment

Re:Ask HN: What has been your experience with bigger tech co... by jen20 on Thursday March 17, 2022 @12:15PM (#30712771)
A household (not individual) income of £100000 is sufficient to be well inside the top 10% by income. Using the standard ratio of 4.5 times income for a mortgage means that you are capped at houses costing around 560k, assuming you have 20% to put down.

The following search for 3 bedroom houses [1] provides either flats, maisonettes and a few houses in areas with poor transport links, and many of these are still over budget.

[1]: https://www.rightmove.co.uk/property-for-sale/find.html?sear...

[ Parent | on HN ]
Re:Ask HN: What has been your experience with bigger tech co... by Balero on Thursday March 17, 2022 @12:54PM (#30713277)
What's wrong with a decent flat or maisonette?

I agree with your general point that housing is too expensive! I'm just curious.

[ Parent | on HN ]
Re:Ask HN: What has been your experience with bigger tech co... by gpderetta on Thursday March 17, 2022 @01:02PM (#30713363)
Not as nice as an house, but having lived in one for a 10 years, they are perfectly fine homes.

An usual downside is that technically you never own it.

[ Parent | on HN ]
Re:Ask HN: What has been your experience with bigger tech co... by jen20 on Thursday March 17, 2022 @02:34PM (#30714423)
Nothing is wrong with purpose-built flats or maisonettes - I personally live in a high rise! Most people I know looking for a place to live with a family etc are looking for a house though.
[ Parent | on HN ]