Ok, do you want house prices to go up or down ?

Cleaver

I would like them to go down

moggylover wrote: »

Maybe this is where the problem lies!

Who decides who is worth what, and who SHOULD and SHOULD NOT be able to afford what .

My own belief is simply that everyone who is working should be able to afford a home: and also that they should be able to afford to BUY their home if they so wish. NO-ONE should be allowed to own more than one house in this Country unless it is rented out long term (i.e. NO holiday homes at all:D ) and no-one should be allowed to mortgage to buy second or third or BTL properties, they should only be allowed to buy those from the proceeds of their prior hard work, or receive them from inheritance (where the same rules would apply: i.e. it must not be allowed to sit empty and fall into disrepair!)

However, I would also state that everyone who is working is entitled to expect a LIVING wage, and that the Government should not be paying out tax credits to top up wages: if you want a job done (be it corporate lawyering or loo cleaning) then you pay a LIVING wage to get it done. No Government should need to top up earnings to an amount that allows a minimal life on over-long hours as this Country currently does!

http://en.wikipedia.org/wiki/Communist_Manifesto

Mozette

I would like them to go down

Conrad wrote: »

Assuming Barristers and other professionals earn above avearge is a misnomer.

Ever since becomming a mortgage broker I've recognised offical earnings statistics are highly misleading.

The best way I can explain this is with some real word examples;

* My Brother is an employed HGV driver and a self employed gardener. His official earnings on Govt stats would register about £25000, yet his take home pay is about £800 per week, which if you gross up with normal employees higher rate Tax equates to £65000 or so.

* Electrician client takes home around £500 per week employed, but does on the side work for another £300 per week. Official stats have his earnings around £35000, but he is on the equivolent gross income of over £70,000 (as only taxed at basic rate)

* Co Director typically pay thier spouse a proportion of income (40% is the figure I often see), so Govt stats would have his average earnings pegged far less than the reality

* Bloke who owns local caravan park shows income of about £20k, but earns nearer £100k in reality

* Dry cleaner biz owner declaring £25k but works weekends and some evenings as black cabbie earning over £700 per week all cash after petrol

* Nigerian Nurse on nearly £60k made up of agency work. Husband does the same, so an average non professional couple new to the UK are earning £120k pa. This example is always disputed, but I promise it's true


The usual response I get to these examples is that are just rare extremes, but this is absolutely not the case. I would say it's mainstream.

Professionals have this notion they are top 10% earners, but it's a total fantasy. In fact I would say they are average earners at best.

HMRC employ people to research sites like this!

scousethife

I would like them to go down

Down!

I have no vested interest and can claim massive moral high groung here.

I am not a str I am not priced out or anything. I bought this year cos we found a perfect house.....I still want prices to drop so people can afford a house, not me I have one, I dont see it as an income, I see it as a place me and the wife can be happy in and I want everyone to be able to buy a house at an okay price and be equally happy

Only selfish scum and lazy vermin want prices to rise!!!

roxorx

I would like them to go down

Would like them to go down for a few more months. Starting viewings tomorrow and looking to buy when I see something I really like and they accept an offer a fair chunk below their asking price!