I read in the newspaper yesterday about house prices in London. More specifically, this article was geared towards first time buyers. I think the intent was to inform not scare the living the daylights out of. But scare it did.
In London, a first time buyer should expect to fork out £280K for their home with a £70K deposit. Don’t forget the stamp duty at £8400 (the tax you pay when you buy a property over a certain price.)
I lived in a flat for YEARS before moving to a house. Perhaps a better word would be ‘rectangle’ rather than ‘flat’. So tiny or I should say intimate that standing in the centre, I could see the goings on in any room of the flat/rectangle. I was the Mona Lisa of my gaffe (house).
Happy now in my own house and even happier that I have to walk from room to room just to see what you are up to-if anything, which is nice. Also, I have a back garden that is neatly trimmed thanks to astro turf but roots do bore through the astro turf-so I really have the best of both worlds.
I recently read of a Chinese immigrant that had been living inside of the Brooklyn bridge for YEARS. He had all the trappings including: a gas stove, electricity and running water. While he didn’t have a PC he did have Wi-Fi. Because a home without Wi-Fi is just not a home.
So, much respect if you are a home owner in London. You are clearly a Russian oligarch who has astro turf in his back garden. Nyet?
p.s. £1 = $1.68