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Conservative MP on £74k a year says "he can't afford house"

PostPosted: Wed Feb 10, 2016 11:58 pm
by dutchman
A Conservative MP who has an annual salary almost three times the national average has moved back in with his parents because he cannot afford to buy a house.

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William Wragg, who earns £74,000 a year, said he has become part of the so-called "boomerang generation" while he saves for a deposit.

The 28-year-old former primary school teacher is entitled to Commons expenses to cover the cost of a London flat, but has to fund his own main home.

Mr Wragg - who represents Hazel Grove in Stockport, Greater Manchester - told ITV's The Granada Debate that he was "paid extremely well", but has moved back home with his parents in the North West to avoid being trapped in a rented flat.

"I am part of that 'boomerang generation' myself," he said.

"In a few years hopefully I will have saved up enough for a deposit.

"I know exactly what it is like. I have complete empathy with people in that position.

"There is no getting away from the fact we face a severe challenge on housing in this country."

Mr Wragg, who was elected in 2015, gained a 1st in History from the University of Manchester.

He then qualified as a primary school teacher in 2014 under the Teach First scheme to attract top graduates into teaching.

However, at the time he could only afford to rent a flat.

"When I think how much I spent on rent in a flat instead of a mortgage, I think maybe I made the wrong choice," he said.

:sky_news:


:violin:

Re: Conservative MP on £74k a year says "he can't afford house"

PostPosted: Thu Feb 11, 2016 12:07 am
by Melisandre
Then the government expect every one to buy the houses to get rid of council and associations rented homes  even those on social they ve got to be kidding.