Jump to content
House Price Crash Forum
Sign in to follow this  
Patfig

Only 4x Salary To Live In Whitehaven

Recommended Posts

they don't make it clear by "average" if it is 4 times natinal average or 4 times the local average.

somehow, I don't think that it is 4 times the local average salary.

Sellafield is not too far away which might explain why local average earnings may be relatively high (I have no evidence to back that up, it's just a guess) and also why not so many people want to live there.

Share this post


Link to post
Share on other sites

The Yahoo report seems to be based on Halifax figures.

Whilst i can't immediatley find a press release with this data in, Halifax normally use "Ratio of the Halifax standardised average price to national average earnings for full-time male employees" as a measure.

Not because it's particularly balid as a comparison but because it's been available for long enough to be a good comparator for trends. So when they say "average" they mean "mean", as the "median" preferred by the ONS now has not been available for as long.

Share this post


Link to post
Share on other sites

High wage area relative to NW( thanks to BNFL ) situated on the edge of the Lake District -lots worse places to live imo ...

Edited by Wires 74

Share this post


Link to post
Share on other sites
High wage area relative to NW( thanks to BNFL ) situated on the edge of the Lake District -lots worse places to live imo ...

I love the Lake district , total agreement..lots of worse places. If you like the outdoor life and don't want to live in a city or anywhere busy. Each to their own I guess

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 405 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.