Our street has a good number of banker-city types but there are also houses divided into bedsits, nextdoor on one side is a house owned by the council with 2 flats, a whole house opposite is lived in by a big Somali family, another house down the road is home to a big Bangladeshi family, another house is empty pending redevelopment as it was left to a Housing Association by the leftie old dear who lived there and there are a good few young working couples and mc families who've been here years. It's actually quite diverse although no-one would call it poverty by a long way
Wow. That’s a bit racist. Why does the fact a family is Somali or Bangladeshi does it mean they’re not wealthy?
They may also be one of the lucky few who bought housing before the cost was insane who I should have put on there too.
And yes, I did say that the only non-rich people left were social housing tenants (only affordable housing) and young migrant workers. Those bedsits are probably full of transient workers. It’s not the sort of place that you would want to stay long term.
Unless they bought before prices rose or have social housing the traditional working class has been cleansed from London by pricing out. If I look at my friends list on FB at old school friends it separates into three groups, those who are wealthy, those who got council housed in the late 90s and the rest have left London. We were too young to buy before prices went up.
People can whinge all they want. But without a social let it is impossible to survive in London on working class wages.
When I grew up couples who were, say a secretary and a builder, could own a 3 bed house comfortably. Nowadays people in those jobs would be just about scraping by with a shitty flat and travel taking up half their income before they even got round to paying their bills. And if they wanted to start a family - forget it. You just can’t argue with the numbers. If a couple are on £20,000 and £16,000 a year they’ll have about 2.5k take home a month, at least 1k rent, another £500 on travel. That’s £1k a month left for all bills, food, leisure.
If you want to have any sort of life - just basic things like a trip to the cinema or new clothes occasionally or a modest holiday every now and again - you have to move out of London.