Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I think that should be added to the dictionary as a definition of insanity...lol. That's why the NE US has always been off-limits in my mind, same as Oregon, etc - just way, way too costly - it's a wonder that poor people can even survive in a place like that.
most people in the Northeast don't live in places that expensive nor could afford to spend $560 for two parking spaces.
We do, but thats not why the house prices are so expensive. Nobody can really afford the prices of the houses so everyone just gets big massive mortgages.
But you still have to have mondo incomes to pay on those, so incomes have to be high to support such high housing prices.
That's got single premier league footballer written all over it! That would be about £3million in London.
Yup, London's property market is ludicrously overheated. Buying a property here isn't too expensive, not least compared to the SE - but renting is becoming very expensive. Average rent here is over 60% of the average income. Remember, people in the SE are earning much more on average than here.
But you still have to have mondo incomes to pay on those, so incomes have to be high to support such high housing prices.
But we don't. In Northern Ireland everything is based on London and so everything is expensive but our wages are nothing like theirs so we can barely afford it.
Yup, London's property market is ludicrously overheated. Buying a property here isn't too expensive, not least compared to the SE - but renting is becoming very expensive. Average rent here is over 60% of the average income.
In most places in the US, you can't even rent an apartment if the montly rent exceeds 35-40% of your income, (single or combined), some places are even more strict, holding it to 33% or lower. 60% of income towards rent is considered unsustainable and totally unaffordable - no sane landlord would rent to a tenant at that ratio, not here anyways...lol.
theres plenty of studio flats to rent in brighton for around £600 per month + bills which is ridicilous! if one was working on min wage full time they would only make enough to pay rent for the studio and bills... and then starve themselves to death.
my best friend that i went to school with moved to Leeds, she pays £390 (bills inc) for her studio there... and I pay £360 (bills inc) just for a room in somebody's house... but that is considered cheap as most rooms for rent cost around 400-450 here
Do they not have the university accommodation. I was looking at UAE and it is like £300 for your own room.
In most places in the US, you can't even rent an apartment if the montly rent exceeds 35-40% of your income, (single or combined), some places are even more strict, holding it to 33% or lower. 60% of income towards rent is considered unsustainable and totally unaffordable - no sane landlord would rent to a tenant at that ratio, not here anyways...lol.
if they had rules like that in brighton then many people would be homeless lol
But we don't. In Northern Ireland everything is based on London and so everything is expensive but our wages are nothing like theirs so we can barely afford it.
That's why I thank my lucky stars that I live in the USA - yes, a lot of things do suck, damn near impossible to get a job these days, but hey, at least it's cheap, and you can have your pick of just about any climate or topography you can ever imagine.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
