Quote:
Originally Posted by mikemhg
But yet 99% of RSers make much higher than this average, of course  |
If those stats are derived from the NHS, they're flawed because the data was collected voluntarily. Even if the data was statistically valid, it measures only income and not wealth.
Sure, only 5% of income earners earn 100K, but people who buy houses these days are likely high-earning professional families. Two people making 80K each is not unheard of, even in a city that pays lower salaries than the rest of the country.
Anyway, xplosive's analyses have been a welcome contribution to this thread. I think we can all agree that buying is a bad deal today.
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