Have you always dreamed of living the celebrity lifestyle in a huge house with loads of modern luxuries and mod cons? Well, unfortunately, we may have some bad news for you. It turns out that even with a LOT of saving up, it could take you much longer to save for just the deposit than you are likely to live.
Let’s take a look at some of your favourite celebrities homes and just how much they’ll set you back!
Beyonce and Jay-Z
According to the Office For National Statistics, the average UK salary is £27,271 and according to this calculator from Homes.com if you are earning that it would take you a whopping 1210 years to save for a 10% deposit on the home of Beyonce and Jay-Z!
Bey and Jay live in a 30,000 square foot abode that boasts 8 bedrooms and 11 bathrooms which sounds like just as much of a lavish lifestyle as you would expect them to be living, but sadly the rest of us can only dream of owning such a home unless we put in some serious work on becoming rich and famous.
Kim Kardashian and Kanye West
The Kardashian West household live in a 16,000 square foot home in Hidden Hills, California. It has 8 bedrooms, 10 bathrooms, and is worth £45,000,000! That is a truly eye-watering figure, and assuming you earn the UK average salary it would take you 825 years to save the £4,500,000 down payment to bag it for yourself.
Kylie also lives in Hidden Hills, and her home may be a little bit more modestly priced than her sister’s but it will still set you back a cool £9million.
For the average UK salary earner, it would take 165 years to save the £1,200,000 needed for a downpayment, assuming you need a deposit of 10%.
23-year-old model Gigi Hadid has the cheapest property on the list, but nevertheless her two bed two bath 935 square foot home would take someone earning the average amount 34 years to save for the down payment required to own it yourself.
34 years is definitely a very long time, but hey, if you want to live like a celeb maybe it is a fair enough long-term goal? With enough patience and dedication, this one may actually be doable!
Of course, these examples are all assuming you’re earning the UK average, but the calculator actually lets you input your own salary so that you can get a more realistic idea of how long it would really take you. Check it out here!
Whether you want to be famous or not, there is no denying that these homes are extravagance at its finest, and probably way more space than anybody realistically actually needs. But there’s no denying that it’s still pretty aspirational stuff, and the reality that most people will never be able to afford these properties sure does sting a bit.