Poor value standard of living in London

[frakl]

Dh and I are lucky to earn well. We earn about 50k a year. We are fortunate to earn that and to not worry much about money or the like.

We have to be close to the office as work very long hours.

We are increasingly fed up with London and realising it isn’t worth it. We work 12 hour days in high stress office jobs and all we can afford is a 1 bed flat and modest savings. We live relatively well day to day, holidays, nice food.

But on 50k a year that I worked so hard to get to, I thought I’d be living a much better life than I am

People living in London generally like living in a multicultural area & I can’t even think of one area that is exclusively white.

Of course nowhere is exclusively white but many expensive roads in Wandsworth or Richmond are very white if not exclusively & gentrification obviously has issues.

there are only eight houses and they are all nudging £2m. I'm pleased to tell you that only three are occupied by white families.

Surely that’s an anomaly in Surrey, isn’t it 85% white?!

Well the term used was exclusively white @sorestupid which was clearly an exaggeration & not what people generally mean when they talk about an area being a good area. Some of the most expensive, desirable parts of London are also the most multicultural such as central London.

The OP is only earning £12.50 an hour

Which is obviously appalling since the London living wage is £15 ? I think

Oh I see, people are not moving to affordable south-east London primarily because they are racist and snob. Got it

@brigadeiros or because it isn't on the tube!

Lots of the dc's friends, mid to late 20s, are moving to SE London. It's pretty cool at the moment.

That's such a reach ....would not want to be in your head seeing the world through that lens

I was being sarcastic of pp ridiculous comment…

Apologies @Brigadeiros

Did OP namechange (what do?). I can't see her post saying she earns £12.50/hr, only £50k each for 2 adults (her 2nd post).

I was thinking I might move to greater London last year & there was a lot on RightMove in my price range, 2 beds+, £400k max.

She said she worked 12 hour days, which is a 60 hour week. If she was on an hourly rate being paid £50k pa would work out at little more than minimum wage.

I suspect some exaggeration from the OP. However if she is regularly putting in 60 hour weeks for £50k with little chance of overtime or much greater earnings (some jobs in finance and law expect very long hours at the start of your career but there is opportunity to increase your salary hugely from you twenties/early thirties onwards) then I would reconsider that job.

Exactly, it is more of a debt pit now if you pay too much and get caught out with high interest rates.