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Aspiring Lawyers - Applications & General Advice
Applications Discussion
TCLA Vacation Scheme Applications Discussion Thread 2024-25
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<blockquote data-quote="trainee4u" data-source="post: 206660" data-attributes="member: 30779"><p>FWIW, London is not expensive at all (I live in Zone 2) in that public transport is cheap, there are lots of cheap supermarkets etc, you can go on holiday to Europe (etc) for small sums of money, Universal Credit is actually still available for single people paying higher rate tax (£50k+): so long as you are renting and single it's going to be government-subsidised; however, in the long-term the property market <strong>is </strong>deeply broken and it's millions of pounds to buy the sort of housing that the income percentile that city lawyers should be able to buy. At some point when you have equity, city law, etc. then clearly London makes sense, and if you are willing to occupy a very small amount of real estate, typically renting, it does give high take-home pay, but ultimately government failures mean that London is realistically a mirage for most people.</p></blockquote><p></p>
[QUOTE="trainee4u, post: 206660, member: 30779"] FWIW, London is not expensive at all (I live in Zone 2) in that public transport is cheap, there are lots of cheap supermarkets etc, you can go on holiday to Europe (etc) for small sums of money, Universal Credit is actually still available for single people paying higher rate tax (£50k+): so long as you are renting and single it's going to be government-subsidised; however, in the long-term the property market [B]is [/B]deeply broken and it's millions of pounds to buy the sort of housing that the income percentile that city lawyers should be able to buy. At some point when you have equity, city law, etc. then clearly London makes sense, and if you are willing to occupy a very small amount of real estate, typically renting, it does give high take-home pay, but ultimately government failures mean that London is realistically a mirage for most people. [/QUOTE]
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TCLA Vacation Scheme Applications Discussion Thread 2024-25
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