London House Goals
Bit random but what age and comp/deposit are people going to / have stopped renting and buy a place in London. Even on 100k all in salary and a decent deposit say 120k, you can buy an "OK" 1 bed in zone 1 on a mortgage. i.e. 100 x 4.5 + 120 = 560
Not sure whether its better to get on the ladder asap with something half decent considering how property continues to spiral into > unaffordable and then trade up.
or save + invest and rent and wait till you can mortgage something that would to most "normal" people consider comfortable endgame i.e. ~1m
Happy to get some perspectives!
NB - I probably won't get into MF