Wednesday, Nov 08, 2006

So how come house prices are so high & affordable

MSN: Where the UK's richest people live

So top earnings are in London at 70K, and above averagre elsewhere at 30K ish. So how come they can afford houses at the current prices???? In my area in Kent a nice 5 bed detached is 825,000. In the villages 10 mins from station and 55mins from London. If you have 250,000 in cash to buy the house you have to earn 82,000 at 7x salary. It has been for sale over 12 months! This is why the madness will end soon.

Posted by waitingfor hpc @ 09:43 AM (386 views)
Add Comment
Report Article

1 Comment

1. Chris said...


Wednesday, November 8, 2006 02:07PM Report Comment

Add comment

  • If you do not have an admin password leave the password field blank.
  • If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user's views and not the views of
  • Please adhere to the Guidelines
Admin Password
Email Address

Main Blog | Archive | Add Article | Blog Policies