This person literally says in the 2nd tweet of the thread that people offer 60-70% of their income to landlords, decides to grace us with the source in the last tweet of the thread, and his own article that he links:
states that this 60-70% figure is inclusive of utilities, transport, food and clothes, and that for London the rent figure is more like 40-45%(dunno about utility costs in UK).
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This person literally says in the 2nd tweet of the thread that people offer 60-70% of their income to landlords, decides to grace us with the source in the last tweet of the thread, and his own article that he links:
https://www.cityam.com/londoners-spend-up-to-72-per-cent-of-...
states that this 60-70% figure is inclusive of utilities, transport, food and clothes, and that for London the rent figure is more like 40-45%(dunno about utility costs in UK).