Wages in the UK
#77
Re: Wages in the UK
Not that long ago. 2005.
My old house was sold again about three years ago. Nothing added. The price it went for, even with the fall in the exchange rate, would still have bought the same two properties (we had them valued) with change and now that the exchange rate has recovered a bit it would still do the same thing and with even more change.
My old house was sold again about three years ago. Nothing added. The price it went for, even with the fall in the exchange rate, would still have bought the same two properties (we had them valued) with change and now that the exchange rate has recovered a bit it would still do the same thing and with even more change.
#78
Re: Wages in the UK
Some actual figures for the debate.
Although I know in the UK there are a good half a dozen indexes who all measure prices in difference ways and the variants can be in the tens of thousands. I don't care enough for prices in Canada and just pay attention to neighborhoods I'm interested in.
http://www.cbc.ca/news/business/aver...-820-1.2427778
http://www.telegraph.co.uk/finance/p...ures-show.html
Although I know in the UK there are a good half a dozen indexes who all measure prices in difference ways and the variants can be in the tens of thousands. I don't care enough for prices in Canada and just pay attention to neighborhoods I'm interested in.
http://www.cbc.ca/news/business/aver...-820-1.2427778
http://www.telegraph.co.uk/finance/p...ures-show.html
#79
Re: Wages in the UK
But as stated, the net position is no material change.
The money from the same small, terraced, UK house still buys the same two larger, detached, properties here
The relevant subject was the statement that houses were more expensive than the UK. It was just an example that they needn't be.
The money from the same small, terraced, UK house still buys the same two larger, detached, properties here
The relevant subject was the statement that houses were more expensive than the UK. It was just an example that they needn't be.
Last edited by BristolUK; Jan 14th 2014 at 2:44 pm.
#80
Re: Wages in the UK
I work for a major charity so yes I am lucky, I could not even do this work in Canada as they did not accept my qualifications.
#81
Re: Wages in the UK
But as stated, the net position is no material change.
The money from the same small, terraced, UK house still buys the same two larger, detached, properties here
The relevant subject was the statement that houses were more expensive than the UK. It was just an example that they needn't be.
The money from the same small, terraced, UK house still buys the same two larger, detached, properties here
The relevant subject was the statement that houses were more expensive than the UK. It was just an example that they needn't be.
#86
Re: Wages in the UK
And now I'll stop there to avoid going over old ground again.
#89
Re: Wages in the UK
Good article. Helps put earnings into perspective further.
http://www.torontolife.com/informer/...5/almost-rich/
http://www.torontolife.com/informer/...5/almost-rich/
#90
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Joined: Apr 2013
Posts: 150
Re: Wages in the UK
Love the comments on that article. That last couple with 2 kids earning 200K and claim they have nothing left at the end of the month after spending 840 a month eating out, 1,000 a month on clothes, 400 a month on vitamins creams and lotions, oh yeah and 1,200 on the mortgage for their summerhouse. Somebody should start a charity for them maybe we can do a live aid concert and stuff. FFS!