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interestrateripoff

No access to the Bank of Mum and Dad? Then save for 121 years for a home in London

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Heh heh! That's still vi spin. When you have eventually saved the deposit after 121 years, house prices (now £457,785) will have gone up to £78,315,909,635  (10% a year)

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8 minutes ago, GreenDevil said:

Be fair, its only 31 years for Barking and Dagenham

 

Barking and Dagenham

£219,563

£82,283

31.04

 

Start savibng at 25, buy with a 30 year mortgage when you are 56.....

 

I could be wrong but it look like a buibble to me,

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Alternatively just arrive from abroad with lots of kids you cannot support and you will quite likely be able to live rent free in London for the rest of your life.

Seems to work for plenty given London's spiralling population.

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