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  1. Commander

    [Finance] What is 'rich' in 2023?

    Yes definitely. That’s the problem with somewhere like Brighton- the housing market is driven by the wealth of London, but it’s very difficult to earn that kind of money in Brighton.
  2. Commander

    [Finance] What is 'rich' in 2023?

    And yet if you are in the top 3% of UK households at that number you would be absolutely nowhere near being able to afford a house in the top 3% of house values. My generation (40 ish) have been screwed by the Boomer generation in the housing market, but for the generation below me it’s...
  3. Commander

    [Finance] What is 'rich' in 2023?

    Yes you do, there are loads of factors at play, but that would be way too long and complicated to put into a NSC poll. Someone on a £100K salary would definitely have been classed as 'rich' by a large proportion of the population until relatively recently, I think. But I can't see how that is...
  4. Commander

    [Finance] What is 'rich' in 2023?

    Ha! Yes probably. I read an article the other day suggesting you need £204K a year to have 2 kids in private school, couple of nice holidays and nice detached house now. That is insane. The idea of a Consultant Cardiologist, for example, being unable to have kids in private school, seems...
  5. Commander

    [Finance] What is 'rich' in 2023?

    With all the economic woe around at the moment, I keep hearing about how the rich are getting richer, and the poor are getting poorer, yet I don't know anybody who is getting richer. I'm fortunate enough to be in a fairly privileged position, I own a moderately successful company which until...
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