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Great Britain is 'worst place to live in Europe'


TTman

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The lesson to be learned from the Nordic countries standard of living is that higher rates of tax and more public spending produces better societies.

 

Lets remember they also build bigger houses. Our new builds are some of the smallest (yet also the most expensive) in Europe.

 

There's a 1 bed flat listed on right move in the centre of Sheffield for £86000. It is in fact a bedsit, it barely meets 1949 space standards. They say; "In our opinion this is one of the best studios in the complex, offering space normally found in a one bedroomed apartment."

 

To get a mortgage for say 25 years, one would need to have the deposit and an income of £28 667. Which is more than the national average wage, and far more than the Sheffield average wage.

 

In the glorious UK, this is what a person on above average income can afford right now, over 25 years, if they have a deposit. Your first time buyers are about 39 now. So by 64 you can have purchased yourself a tiny bedist. Having purchased the bedsit the year before you retire, you may be in a financial position to raise a family, however your most likely infertile due to old age, and in poor health. It's also highly unlikely you kept your job for 25 years in this modern world..

 

I don't know whether to laugh, cry or emigrate.

 

(Obviously, I haven't taken into account a house price crash, the depression, world war 3, a couple of booms and busts, wage inflation etc., but you get the picture)

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There's a 1 bed flat listed on right move in the centre of Sheffield for £86000. It is in fact a bedsit, it barely meets 1949 space standards. They say; "In our opinion this is one of the best studios in the complex, offering space normally found in a one bedroomed apartment."

 

To get a mortgage for say 25 years, one would need to have the deposit and an income of £28 667. Which is more than the national average wage, and far more than the Sheffield average wage.

 

In the glorious UK, this is what a person on above average income can afford right now, over 25 years, if they have a deposit. Your first time buyers are about 39 now. So by 64 you can have purchased yourself a tiny bedist. Having purchased the bedsit the year before you retire, you may be in a financial position to raise a family, however your most likely infertile due to old age, and in poor health.

 

If you do the sums on here it would suggest you are wrong.

 

http://www.bbc.co.uk/homes/property/mortgagecalculator.shtml

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