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Re: London's five-year plan

Posted by Rail Blue on Sun Oct 17 20:07:52 2004, in response to Re: London's five-year plan, posted by Fytton on Thu Oct 14 09:35:24 2004.

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Like Beckton (which at least has the DLR), it is one of the few places in London where people on ordinary incomes just might be able to afford to buy a home.

Well, I sure couldn't afford to rent a flat there! Even studios are showing as over £550pcm. Having said that, it's one of the few places in London in which £200,000 will get a house of some sort. Thst still needs a joint income of £50,000, even at my age. Seeing that Grade D Nurses only get £21k-£23k in Inner London, and newly qualified teachers a little less, this still is expensive enough to pretty much stuff first time buyers.

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