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OzzMosiz

Rich-o-meter - What Percentage Do You Fall In

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Me thinks Channel 4 will have to pull this soon because it's totally at odds with their property spin, put in the average wage of £25,000 and the following comes up :-

You are in the
14.74%
richest people in the UK.
There are
8,516,907
people richer than you.
There are
49,283,093
people poorer than you.

What about the other 85.26% ?!? We're told average property is now about £170k, the sums just don't add up.

Even at £15,000 we get the following :-

You are in the 25.22% richest people in the UK.

There are 14,578,763 people richer than you.

There are 43,221,237 people poorer than you.

That's basically a subsistence wage.

On a personal level, if I'm so rich why do I feel so poor?

Edited by BuyingBear

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This is ******. It takes no account of your net worth.

Is someone who has £1m in the bank but earns 20k poorer than someone who has debts of £1m but earns 21k?

frugalista

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I thought that might be a divide by zero error, however try putting in £9000 and then £2000, the latter are richer!

Typical Channel4 boll*cks then! :rolleyes:

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I fall into th category of being in the 4.74% of richest people in the UK. There are 95.26% people less well off than me in comparison to my yearly wage, yet I still can't afford an average house (well I could but not without having money worries)

http://www.channel4.com/4money/funnymoney/...eter/index.html

this does not work..

take your daily wage.. multiply it to a week (*5)

then by 52 for your yearly wage..

It's a different number...

£22,500

Per day: £128.57

Per hour: £16.07

Per minute: £0.27

Per second: £0.004

multiply 128 by 5 then 52..

it is not 22500

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It's obviously broken.

It doesn't even calculate according to the methodology shown in the "how we calculate section".

Percentage of UK population Total population in percentile Yearly income

Bottom 1 percent 294,000 £4,620

Bottom 5 percent 1,470,000 £5,520

Bottom 10 percent 2,940,000 £6,480

Bottom 50 percent 14,700,000 £14,800

£4620 -> "you in the richest top 50.36%".

Maybe that orangutang on the right

is the programmer responsible?

:lol:

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Apparently £1 pa puts me in the top 50.86%

Makes you feel richer, Yes I think I'll buy that £250K house now, Finance a Renaultsport 197 and take the GF to KFC.

Yes, Thank you Channel 4, I used to worry about debt etc, But now I can see I'm almost a millionaire compared to all those other poor saps.

HPI days are here again.

Da da da da da da, here again.

La la la la la la la here again.

Happy days are here again !

Edited by SithClone7

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Me thinks Channel 4 will have to pull this soon because it's totally at odds with their property spin, put in the average wage of £25,000 and the following comes up :-

You are in the
14.74%
richest people in the UK.
There are
8,516,907
people richer than you.
There are
49,283,093
people poorer than you.

What about the other 85.26% ?!? We're told average property is now about £170k, the sums just don't add up.

Even at £15,000 we get the following :-

You are in the 25.22% richest people in the UK.

There are 14,578,763 people richer than you.

There are 43,221,237 people poorer than you.

That's basically a subsistence wage.

On a personal level, if I'm so rich why do I feel so poor?

From your numbers (which add up to 58m) it seems that this includes the income of every man, woman and child in the UK and is thus a pile of b*llocks. It would make more sense even if it only counted adults or those of working age.

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Guest Winners and Losers

You are in the 9.49% richest people in the UK.

There are 5,485,979 people richer than you.

There are 52,314,021 people poorer than you.

Oooh, I feel so rich, not. :rolleyes:

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Its based on salaries from 2002, and hence out of date.

You are right.

Unless you work in the public sector, taking tax into account, - the average is far less now!!!!!

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You are in the 23.13% richest people in the UK.

There are 13,366,392 people richer than you.

There are 44,433,608 people poorer than you.

What you earn:

Per year: £17,000

Per day: £97.14

Per hour: £12.14

Per minute: £0.2

Per second: £0.003

How is £17K £12.14 per hour?

If I divide £17K by 52 weeks and then by 35 hours I get £9.34. I'd have to be working just 27 hours per week to get the hourly rate they're coming up with :rolleyes:

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I fall into th category of being in the 4.74% of richest people in the UK. There are 95.26% people less well off than me in comparison to my yearly wage, yet I still can't afford an average house (well I could but not without having money worries)

http://www.channel4.com/4money/funnymoney/...eter/index.html

Top 0.1%-whahay! Time for a coffee out of my solid gold mug... :)

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Guest Winners and Losers

I am in the top 0.1% Please enter a lower salary it says!!!!

Tone it down a bit will you. :rolleyes: Oh sorry, forgot, that is physically impossible. :P

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Top 6.25% apparently. Even if it is out of date.

Please explain then why I can't afford a house that isn't (1) in a warzone neightbourhood and/or (2) is only just structurally sound enough to not collapse.

The thought occurs that if this was on the BBC website, we'd probably declare it NuLab propoganda. I'm surprised they haven't thought of it first...

You can just picture it:

BBC

How rich are you thanks to TB and GB?

Enter income:

> £12,000

Congratulations! You are 300% richer thanks to rising house prices.

(Disclaimer: If you don't own a house, ignore the above, you pauper.)

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Because the top 0.1%'ers bought the good ones already.

Yep, and because of global growth there are more and more people wanting to buy a bit of quintessential England.

Supply and demand of the best drives the rest of the market whilst interest rates stay stable.

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  • 301 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%



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