[Gllug] VACANCY: Junior Systems Support

[David Damerell]

On Wednesday, 9 Sep 2009, Hari Sekhon wrote:
>Something people have made an error in is assuming that someone on £50K 
>has lots of money or is very comfortable,

Someone on L52K is in the top 5% of earners in the country. L39K puts
you in the top 10%. It is not an error to assume that such people have
lots of money; it is the truth. They might also _spend_ lots of money,
of course.

>when in reality it might all be getting sucked up in to a high house
>price mortgage  

Which obviously does not in any way, shape, or form represent a
valuable asset they enjoy the use of.

>with "right to buy". Older people who bought houses cheaply when there 
>was less pressure on housing probably won't think like this though since 
>they haven't got high mortgages.

For reference, I do not now and have never owned a house. I live in
rented accomodation and have done so for many years.

-- 
David Damerell <damerell at chiark.greenend.org.uk> Oil is for sissies
Yesterday was Brieday, August.
Today is Gouday, August.
Tomorrow will be Chedday, August.
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