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[personal profile] nmg

I live in Southampton. I am a postdoc researcher in academia. I earn somewhere in the region of £25K. I do not own a house. The thought of buying a house at today's inflated prices fills me with terror, quite frankly.

As a consequence, the ramblings of idiots like this are apt to provoke apoplexy in me. How on earth can he be earning £45K, live in shared accommodation, and yet have only £5K in savings? There's plenty there for mortgage payments and a pension - what on earth does he spend the money on? How can he have failed to put together a deposit on a salary like that?

Date: 2004-03-17 05:33 pm (UTC)
From: [identity profile] daveon.livejournal.com
Or what does he reckon a 'nice area' is?

The rule of thumb I use is does my wife feel safe walking home alone. She's South African and accutely nervous about areas and being by herself. Even to the extent of locking the car doors regardless of where she is.

It's an individual thing.

I can't speak for this guy but I can certainly see how £45K doesn't go far.

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Nick Gibbins

September 2012

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