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Debate House Prices
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Breaking News: House Price Crash Over!!!!!
Comments
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Its about time we in thew UK stopped pricing ourselves out of the ability to offer some semblence of family life, having both parents working all the hours god sends for an overpriced pile of bricks to provide a roof over our family's heads and believing that somehow being a GOOD THING
This is possible now, people just need to be more realistic with their materialistic ambitions.
Most other people could move to cheaper areas, change to less well paid but more flexible/family friendly careers/jobs, stop buying so much crap, get rid of one of their two cars, make sure their remaining car is fuel efficient. etc. etc.
The difficulty comes because people want everything, an interesting/exciting career a large house in a great area, two new cars, plasma screen tvs, etc etc. and have to work all the hours to maintain that lifestyle, thus neglecting the kids.Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
What is the cause of the extraordinary VI bias with the tabloids towards ramping up HPI?
Its ironic that the demographic that reads them are the least likely to benefit from high house prices and the most at risk from an ensuing bust. Its beginning to look very much like an extremely cynical and concerted push to get people who arent very well educated to get well over their heads in debt.0 -
baby_boomer wrote: »And don't forget the £35K per child to get them through university and up to 22 yo :eek: before you even think about helping the with their deposit.
Again, this is a lifestyle choice that you have to make. If you can afford to fund your child through University then great, if you can't afford to then they either self fund via student loans and part-time jobs or by working for a couple of years first and saving the money or they just don't go to university at all.
Everyone seems to want to have a middleclass lifestyle but complain about the amount of work they have to do to achieve and then maintain it.Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Dithering_Dad wrote: »I know a little bit about you and your OH from your posts, but forgive me if I have any innaccuracies....
You both are professionals (you're a lawyer, not sure about OH),
I thought Lynzpower said she is/was an EARENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
Read the sticky on the House Buying, Renting & Selling board.0 -
Dithering_Dad wrote: »Again, this is a lifestyle choice that you have to make. If you can afford to fund your child through University then great, if you can't afford to then they either self fund via student loans and part-time jobs or by working for a couple of years first and saving the money or they just don't go to university at all.
Everyone seems to want to have a middleclass lifestyle but complain about the amount of work they have to do to achieve and then maintain it.
Spot on, the biggest problem is that most posters on here want everything now but are not prepared to save up for it and think it is their given right to have plasma tv's etc.0 -
Dithering_Dad wrote: »Again, this is a lifestyle choice that you have to make. If you can afford to fund your child through University then great, if you can't afford to then they either self fund via student loans and part-time jobs or by working for a couple of years first and saving the money or they just don't go to university at all.
Everyone seems to want to have a middleclass lifestyle but complain about the amount of work they have to do to achieve and then maintain it.
People in the UK did use to have free university education until Labour took over. Some still do.RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
Read the sticky on the House Buying, Renting & Selling board.0 -
Dithering_Dad wrote: »To have children and a decent family life, you could move to the burbs but close to a tube/railway stop for work, you could find part-time legal work at a locally and your OH could continue his city job.
quote]
I'm guessing you don't work city hours?0 -
Spot on, the biggest problem is that most posters on here want everything now but are not prepared to save up for it and think it is their given right to have plasma tv's etc.
I think I may have a plasma tv. Is it one of those thin flat screen tvs that go up on the wall?RENTING? Have you checked to see that your landlord has permission from their mortgage lender to rent the property? If not, you could be thrown out with very little notice.
Read the sticky on the House Buying, Renting & Selling board.0 -
Dithering_Dad wrote: »The difficulty comes because people want everything, an interesting/exciting career a large house in a great area, two new cars, plasma screen tvs, etc etc. and have to work all the hours to maintain that lifestyle, thus neglecting the kids.
Sorry DD, I re read this bit...I admit to being the one of many who wants a lot , but no plasma tvs! and to an extent I agree with you that its impossible to have it all....and that if you have a family something has to give. But I think that was the very point lynspower was making isn't it? That people do struggle to get by on one salary providing a good standard of living on one salary.
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Spot on, the biggest problem is that most posters on here want everything now but are not prepared to save up for it and think it is their given right to have plasma tv's etc.
i agree with your post
however it should be pointed out that you cannot buy new tv's that are not plasma or lcd (or if you can they are very expensive for what they are)0
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