Rich or Poor?
Interesting set of profiles in the Guardian. For a comparison, we make around £150,000 a year and have £230,000 in savings. Professor married to a researcher. Our monthly rent is £1300. I think we feel rich until we go to look at houses to buy :) The mortgage on the kind of property we are looking at would be £3,000 a month (we now got pre-approved to borrow up to $A780k). We don't live rich apart from living in exactly the location we want to live in and paying the rent that that means. We have an eight year old Ford car for example.