London rents are now an average of £24,000 per year according to Rightmove. With the average London wage being only £39,476, that means your landlord earns more by owning the roof over your head, than you do showing up to work everyday.
For that money, you could:
Buy a brand new 5-door Mini Cooper:
The Mini Countryman 1.5 Cooper (£23,345)
Go to university twice with some spare change
Fly around the world 18 times:
Round-the-world flights (£1,339)
Buy 22 of the latest iPhones:
The latest iPhone, the iPhone XS Max (£1,099)
Subscribe to Netflix for 200 years
Netflix Premium subscription (£9.99 per month)
Spend the weekend with 100 friends at Glastonbury
Glastonbury general admission weekend tickets (£238)
Drink two of the world’s most expensive bottles of wine
Domaine de la Romanee-Conti – Romanee-Conti Grand Cru (£11,793)
In reality, your money probably went towards buying yet another property for your landlord.
