Conrad Posted April 17, 2008 Share Posted April 17, 2008 Surely this is 900 per week before tax. Still seems double what it should be! Quote Link to comment Share on other sites More sharing options...
Normal Posted April 17, 2008 Share Posted April 17, 2008 £900 a week average! Lies. City house prices jump 250% Average salary for the EC & WC postcodes: £44,499. Which is £855 / week. http://www.mouseprice.net/AreaGuide/Price_...p;PostCode=EC1A http://www.mouseprice.net/AreaGuide/Price_...p;PostCode=WC2A Quote Link to comment Share on other sites More sharing options...
The Ginger Winger Posted April 17, 2008 Share Posted April 17, 2008 You are wrong by a quite extraordinarily long way - look at thishttp://news.bbc.co.uk/1/hi/programmes/more...ess/3013080.stm If your family earns £900 a week you are in the top 5% Average is between £300 and £340, probably around £320. BTW that programme, "More or Less" is excellent. You are broadly correct however you have overlooked the note at the end of the table which states; - "Note that the table is based on two adults without children in a household. The figures will vary with family circumstances. The data is the most recently available covering the year 2001-2" I suspect that todays figures the average would be around £400 mark allowing for six years increases in incomes This tread has got into a mess by posters not researching data properly and stating its source. Quote Link to comment Share on other sites More sharing options...
laurejon Posted April 17, 2008 Author Share Posted April 17, 2008 The report came from Shelter, and it is they who consider £900pw a derisory wage. Housing charity, Shelter, has published a report that highlights just how difficult it has become for first-time buyers to get a foot on the property ladder. Affordability is the main issue: the average price of a home has risen over 200% in the past ten years, while the average income in the UK has increased by 53%. According to the report, mortgage repayments accounted almost 21% of the average working household’s income in 2007, compared with 12% in 1997. For those able to bridge the affordability gap, the precarious state of the UK mortgage industry presents the next hurdle. Many lenders will only offer best interest rates in return for a 25% deposit, while for a more expensive deal a 5% deposit is acceptable. Despite indications that house prices are now falling, making it a good time to buy a first home, many potential first-time buyers cannot meet the stricter lending criteria that continue to pervaded the mortgage market. The situation is at its worst in London, where the average first home costs £100,000 more than the national average of £160,000. Shelter’s chief executive, Adam Sampson, paints a gloomy picture of a generation of young people and young families being locked out of the housing market. In consequence, they are unable to begin accruing the kind of wealth, in terms of housing assets, held by their parents’ generation. Quote Link to comment Share on other sites More sharing options...
Waiting Patiently Posted April 17, 2008 Share Posted April 17, 2008 Shelter are full of s hit. They're just another bunch of gobsh/tes who want to throw moral hazard to the wind and have a multi-billion pound, taxpayer funded bailout of over-indebted wasters. Dream on! Quote Link to comment Share on other sites More sharing options...
notfes Posted April 17, 2008 Share Posted April 17, 2008 Come to parts of yorkshire and the north east and £900 per week it is not! In fact i would say 80% of the UK falls outside of this. In fact this once again is london-centric because the at the heart of the atom that is the UK lies the nucleon London which as we all know is the only thing that keeps the atom from falling apart. I wonder if the people that compiled this median UK wage are also responsible for our CPI figures, keep the wheel spinning. This is all now getting to be too much of a joke, really, the power brokers have firm grasp of the the mantle and will stop at nothing to keep this spinning and nobody will get hurt from their inner sanctum the populus at large on the other hand is another story completely. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted April 17, 2008 Share Posted April 17, 2008 My last job the basic wage was £16500, but if you were willing to work lates and weekend you could literally earn 3 times this amount due to high overtime rates. It was call centre work, so i never did overtime to ensure my sanity stayed intact, but many people did. Not much of a life imo, and all of those people working all hours either had debts, mortgages, some hugely expensive wedding to pay for. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted April 17, 2008 Share Posted April 17, 2008 people always earn half what they tell you, in my experience. Quote Link to comment Share on other sites More sharing options...
Executive Sadman Posted April 17, 2008 Share Posted April 17, 2008 people always earn half what they tell you, in my experience. Guess im screwed (even more so) then! Quote Link to comment Share on other sites More sharing options...
eric pebble Posted April 17, 2008 Share Posted April 17, 2008 I miss read that initially and thought it was £900 a month (take home) pay which is certainly alot more realistic than £900 a week.That would make the average salary something in the region of £45,000 a year - maybe that is true in London?! This idea that London is paved with gold........ It's always been a MYTH -- and STILL is a MYTH........ There are MILLIONS of people in London who are VERY POOR.... Quote Link to comment Share on other sites More sharing options...
Harry Sacks Posted April 17, 2008 Share Posted April 17, 2008 Hang on LJ, you utter knob, a while back you argued until you were blue in the face that the average wage was £40k per annum and that all this £23,500 pa was nonsense and that people were in fact earning loads more. If I could be **** I’d dig out your posts and humiliate you in front of everyone like the toad that you are. Now you are posting that people earn around £21,600 per head (taking household income rather than individual income)? What gives? Are you saying that your earlier utterances were in fact a load of tosh, and that your lambasting of anyone who wasn’t on £40 – 50k a year was misguided at best, moronic at worst? He was a bull IIRC. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted April 17, 2008 Share Posted April 17, 2008 Guess im screwed (even more so) then! I remember a program during GC1 where a team went round romford Market asking people what they earned. Everybody earned 40K or more. EVERYBODY. Romford suffered really bad from GC1 IIRC. Quote Link to comment Share on other sites More sharing options...
phoenixdark Posted April 17, 2008 Share Posted April 17, 2008 900 a week is way over the average even for london surley. Even if this we're true, which its not, it just goes to illustrate how ridiculously inflated the price/earnings ratio in London is. Quote Link to comment Share on other sites More sharing options...
notfes Posted April 17, 2008 Share Posted April 17, 2008 read this http://www.tuc.org.uk/welfare/tuc-13656-f0.cfm Tells it as is it - madness, madness, madness. Those other wage figures must be those 'special' figures that Gordon and his friends use The London average was £30,511 in 09/06 so as that clearly doesn't come anywhere near £900p/w more like £580 so where does that other £320 pw come from...? Its all piff n tish i tell you, designed to keep our heads in a quagmire. Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted April 17, 2008 Share Posted April 17, 2008 read this http://www.tuc.org.uk/welfare/tuc-13656-f0.cfmTells it as is it - madness, madness, madness. Those other wage figures must be those 'special' figures that Gordon and his friends use The London average was £30,511 in 09/06 so as that clearly doesn't come anywhere near £900p/w more like £580 so where does that other £320 pw come from...? Its all piff n tish i tell you, designed to keep our heads in a quagmire. MEW Quote Link to comment Share on other sites More sharing options...
Concrete Jungle Posted April 17, 2008 Share Posted April 17, 2008 £900 a week average! Lies. Complete ******** the nearest "most" people round here get to £900 is once per month when they get paid. Why do people believe this utter crap :angry: Quote Link to comment Share on other sites More sharing options...
notfes Posted April 17, 2008 Share Posted April 17, 2008 please read the link http://www.tuc.org.uk/welfare/tuc-13656-f0.cfm if it smells, looks, tastes and feels like a lie, then guess what... how can this BS keep carrying on, seriously folks - how. my eyelids are peeled back further each day, they're currently 6cms from my nape You have to laugh though don'tchaa!! Quote Link to comment Share on other sites More sharing options...
contractor Posted April 17, 2008 Share Posted April 17, 2008 Shelter are full of s hit. They're just another bunch of gobsh/tes who want to throw moral hazard to the wind and have a multi-billion pound, taxpayer funded bailout of over-indebted wasters. Dream on! don't hold back there. I guess you are not one for benefits then? Quote Link to comment Share on other sites More sharing options...
Nicholas Cage Posted April 17, 2008 Share Posted April 17, 2008 Where does this £900 figure come from? Quote Link to comment Share on other sites More sharing options...
noname Posted April 17, 2008 Share Posted April 17, 2008 Some figures from Halifax for London at http://www.hbosplc.com/economy/includes/23...alesrelease.doc Local Authority District Average Earnings £ Kensington and Chelsea 101,374 Hackney 26,980 Islington 43,071 Southwark 34,142 Hammersmith & Fulham 40,437 Tower Hamlets 33,795 Lewisham 26,924 Westminster 62,472 Lambeth 30,342 Wandsworth 41,576 Newham 21,597 Greenwich 27,289 Haringey 28,909 Quote Link to comment Share on other sites More sharing options...
notfes Posted April 17, 2008 Share Posted April 17, 2008 Where does this £900 figure come from? Gordons Magic Biscuit Tin Its a bit like Jamie & His Magic Torch or Sport Billys Bag. Sorry a slight 80's nostalgia moment there Seriously though, its what Gordon thinks is the average because he knows everything, he's a bit like the Borg from Star Trek and has assimilated all knowledge from thousands of species from around the galaxy, from where he travels...ohh, i'm sorry am i speaking ******** - well, that could be another place where the figure comes from Quote Link to comment Share on other sites More sharing options...
phoenixdark Posted April 17, 2008 Share Posted April 17, 2008 Some figures from Halifax for London at http://www.hbosplc.com/economy/includes/23...alesrelease.doc Local Authority District Average Earnings £ Kensington and Chelsea 101,374 Hackney 26,980 Islington 43,071 Southwark 34,142 Hammersmith & Fulham 40,437 Tower Hamlets 33,795 Lewisham 26,924 Westminster 62,472 Lambeth 30,342 Wandsworth 41,576 Newham 21,597 Greenwich 27,289 Haringey 28,909 So on average people in Chelsea and Kensington earn just over 100k a year? but yet live in houses worth millions?! This does not compute, my head hurts! Something is seriously wrong all round Quote Link to comment Share on other sites More sharing options...
notfes Posted April 17, 2008 Share Posted April 17, 2008 Gordons Magic Biscuit TinIts a bit like Jamie & His Magic Torch or Sport Billys Bag. Sorry a slight 80's nostalgia moment there Seriously though, its what Gordon thinks is the average because he knows everything, he's a bit like the Borg from Star Trek and has assimilated all knowledge from thousands of species from around the galaxy, from where he travels...ohh, i'm sorry am i speaking ******** - well, that could be another place where the figure comes from The word omitted by the way was b*ll*cks Quote Link to comment Share on other sites More sharing options...
jcpricewatcher Posted April 17, 2008 Share Posted April 17, 2008 people always earn half what they tell you, in my experience. That's tax and NI (Brown defines this as not a tax) for you... Funny, but most self employed people will do the exact opposite (for the taxman). Quote Link to comment Share on other sites More sharing options...
Bloo Loo Posted April 17, 2008 Share Posted April 17, 2008 So on average people in Chelsea and Kensington earn just over 100k a year? but yet live in houses worth millions?! This does not compute, my head hurts! Something is seriously wrong all round Doesnt the queen live there, She must earn a fair bit. Quote Link to comment Share on other sites More sharing options...
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