If house prices fall another 37% ...

Dan:_4

pdel61 wrote: »

Please define what you mean by a fairer society.

I think he means that those on minimum wage can buy a 3 bed semi.

ess0two

Kenny4315 wrote: »

Exactly.... it's the society were those who have been saving for years/decades steadily, climbed up the market and then are reduced to nothing or worse, so those currently leaving school or university can buy within 6 months. :money: or those moaners priced out of the market because there the ripe old age of 20 can buy instead of renting, as buying would be a way to make them some hassle free money.

Well put and to the point,seems to be a bad trait in life to have grafted,saved and made wise choices.

Kenny4315

whathavewedone wrote: »

Kenny you are right, it is the 30-55 year old age bracket that drive the economy but the 22 year olds sitting on their mums' computers are not going to acknowledge that.

Yeah, I know :beer: :beer:

Going to watch The Apprentice on my 50Inch Plasma Panasonic TH-50PZ80B, 1080p 100mhz, 30000 contrast, in a minute .... :money: Courtesy of the last couple of months interest rate cuts. :money: Just doing my bit for consumer spending, and got Tesco's points too. :money:

mewbie_2

Kenny4315 wrote: »

50Inch Plonker

Anyone who does the spinny Martin is almost always a moron.

Kenny4315

Graham_Devon wrote: »

Any that will work!?

Print some money ... erode the debt ... wages will go up and so will prices ... interest rates would go up .... sterling would go up ..... heavy inflationary pressure in part countered by higher sterling value ....hard to control though .... :money: Technical term is QE but printing cash is better.

ess0two

mewbie wrote: »

Anyone who does the spinny Martin is almost always a moron.:money:


Lol

themanbearpig

pdel61 wrote: »

Please define what you mean by a fairer society.

How about prices becoming low enough for an average earner to be able to afford an average house?

Why shouldnt a graduate be able to buy something small before they hit 25, without having to get married to have a dual income?

I'm not a socialist, but shelter should be one of the few things that should be open to all the elements of society, and not subject to so much speculation. And since renting is so unregulated and uncertain in this country, buying is unfortunately the only option if you want security.

chucky

themanbearpig wrote: »

How about prices becoming low enough for an average earner to be able to afford an average house?

what would you say is an average salary?

Kenny4315

themanbearpig wrote: »

Why shouldnt a graduate be able to buy something small before they hit 25, without having to get married to have a dual income?

Most graduates are not in employment till 22, and even then many are on training schemes, or part-time employment. So 3 years in employment learning the ropes and paying off some student debt, and then they'd like buying without having to do anything, just move in and put their feet up......buying a house given the size of the purchase should be something that a real value of workload is placed upon.

It devalues the whole house buying thing if the average house price sinks to low, and therefore makes other stuff like cars, tv's holidays, and the like become comparatively more.

Kenny4315

mewbie wrote: »

Anyone who does the spinny Martin is almost always a moron.

How do you stop yourself doing it then ..... :money: :money: :money: :money: