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:
Go to university twice with some spare change
Fly around the world 18 times:
Buy 22 of the latest iPhones:
Subscribe to Netflix for 200 years
Spend the weekend with 100 friends at Glastonbury
Drink two of the world’s most expensive bottles of wine
In reality, your money probably went towards buying yet another property for your landlord.