Moaning about being ‘poor’ when rich

[freetone]

AIBU to think if you are childless, go on 3 holidays abroad per year and live in a 4 bed detached house on a private road then you don’t have the right to moan about being ‘poor’? My DF and his wife have been like this recently. He earns over £150k a year. It shows how far away from reality they are imo. Really gets on my nerves when there are millions of people genuinely struggling. Anyone else experienced people like my Father?

Forgot to factor in maintenance and also she has said she can’t afford to work because it would mean less income and in fact she would really like to.

there's 187 for 8 million people

And if every London resident was looking for a three bed home to rent tomorrow that might be relevant.

The info posted shows that it’s completely untrue that anyone needs to spend £3.5k a month on rent. People may choose to do so if they can afford it but they cannot then complain that their £100k salary leaves them unable to afford other luxuries.

All 8 million are looking for a rental property right now? Unlikely.

Bitbored 5000 for a 2 bed, minimum if you have a family, obviously not factoring social housing.

a family home to rentv would be 3.500 plus in a nice area

haha, this reminds me of the article I read in a Sunday newspaper many years ago where a couple were complaining they were too poor to buy a house in South Kensingston.

A house in the nicest area of my city costs a fortune to rent or buy. But most people live else where. Same in London. I suspect you would reject as not a "nice area" areas where at least 90% of Londoners actually live.

lalafafa, you seemed to suggest the issue was that rents of £3.5k a month are necessary to avoid “a crime riddled area with under performing schools”. Didn’t the Rightmove search prove that wrong? For under £1.5k you can get a three bed house in an okay area with decent schools.

@lalafafa, it’s recommended that you stop digging when you find yourself in a hole.

Bitbored THERE'S 187 OF THEM TO GO ROUND!

NOW. Ffs.

Bitbored THERE'S 187 OF THEM TO GO ROUND!

There are only 84 three bed houses between £3.5k and £4K a month. Yikes, expensive housing is in even shorter supply than more affordable housing! However will the £100k earners ever find a place they can afford?

Bitbored 5000 actually

@lalafafa

Here’s the search I did: 3 bed houses in London between £3.5k and £4k a month.

www.rightmove.co.uk/property-to-rent/find.html?locationIdentifier=REGION%5E87490&insId=1&minPrice=3500&maxPrice=4000&minBedrooms=3&maxBedrooms=3&primaryDisplayPropertyType=houses&googleAnalyticsChannel=renting

Can you link to the 5000 houses you found for the same criteria?

And the ones you found @Bitbored, are in Hampstead and Chelsea. I see we’re deep in fantasy land.

Chelsea, West Hampstead. Yes it is so hard being so poor that paying to rent a 3 bedroom family home in these areas leaves me with so little money left over every month.
Sigh.

You have to live in Hampstead or Chelsea though alsohuman, everywhere else is riddled with crime and the schools are underperforming. 😂

I guess there’s not much in Mayfair for that budget though. These £100k earners really do struggle!

£140k puts you into the top 1%
www.bigissue.com/latest/uks-top-1-not-feel-wealthy/

Oh god they can't even afford Mayfair!

Haven't rtft, but I know what you mean! I have a colleague who I'd say is probably on 8-10k more than me (I now work 4 days, but that doesn't account for the difference), her fiancé I'd imagine is on double what DH earns. They're having quite a lavish wedding this year, are redoing their bathroom and drive two newish cars (we rent and our one car is over 10 years old). They don't have kids whereas we pay for four days' nursery. I am not claiming we are poor (money is tight though), but I do find it hard to muster up sympathy for her money "woes"

Poor little sausages, condemned to Chelsea and Hampstead. My heart bleeds.

Oh good news! If they wouldn’t mind slumming it in only a 2 bed flat then they’d be able to live in one of these 35 properties in Mayfair.

www.rightmove.co.uk/property-to-rent/find.html?locationIdentifier=REGION%5E87523&minBedrooms=2&maxPrice=4000&minPrice=3500

Wow it’s tough at the top, eh?

It’s relative. You can earn £100k in London, live modestly (no holidays, shop at Lidl and Aldi) and still be on overdraft each month after tax, mortgage, CC, utilities etc

What utter rubbish the vast majority of people in London do not earn half that a year and many don’t have anywhere near that as a joint income

I know friends who earn high wages and are paying off big loans that isn’t being poor that is bad choices they have made there is the choice to down size, get a cheaper car etc

In my circle high incomes attract high professional costs-

Like having to go to courses and conferences to get the minimum required CPD to stay in your job/stay up to date.
Professional exams which you have to do to progress- equates to thousands.
Indemnity- equates to thousands per year.
Membership fees to various organisations- easily 1500 per year.
Commuting costs- can be hundreds-thousands.
Equipment- I have to have special lenses and loupes for my job, one off cost but a set costs about 1-2 grand.

Granted some on these costs are one offs it does add up. It’s not simple earn high amount and all of it equals monthly spending money. There are above costs which have to be spread out through the year and that’s before you even talk about living costs. I am not into six figures (yet) but classed a high earner and whilst I still agree it’s a lot to live on, you will not be rich automatically rich.

I accept

The "I earn £100k and I'm poor" brigade are insane.

You earn your money and you spend it. If you choose to spend 60% of your salary on housing then that is a choice

Perhaps ‘rich’ should be redefined as ‘well off’ for the purposes of this discussion. Even those on £100k can’t compete with the likes of those we would call millionaires.

I think the definition of "rich" can be problematic insofar as it varies from person to person.

£100k is not poor but whether it is "rich" depends on whether you think of rich as having a fridge full of food or a multiple foreign holidays.