With a $200k salary and no current debts, buyers can afford homes valued at $820,000 and below, given a 20% down payment and a 36% debt-to-income ratio.
Mr McDonagh insisted, however, that he was making "all relevant disclosures" as required, but he declined to discuss his personal affairs concerning reports of renting a house.
Mike Bagshaw, managing director for MTR Elizabeth line, stated that the new pay offer, including a 1.5x rate for rest day working and further improvements to terms, was made to resolve the dispute.