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Where to retire?

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Plavt
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Posts: 4291
Joined: Wed, 18 May 2005
Location: United Kingdom

Postby Plavt » Mon, 08 Oct 2007 4:36 pm

Splatted wrote:You've got it pretty good then, from the sounds of it.


Yes and no; rent goes up with inflation and because of political changes the rent could end up being something absurb, especially if the housing section of the local authority goes private as has happened in some areas. :(

I've heard that housing prices have gone made there. Just to pay off a home can take more than a life-time for a double-income household.


No doubt about that; a decent house in London is around £200,000 which means a mortgage for a newbie would cost around £800 per month yet you should see the low level of wages paid in a good number of jobs. Hardly suprising people here live on 'plastic'. :(


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