Poor pay deal based on RPI. Deflation, what deflation

PasturesNew

fordy wrote: »

Thats the point, im not seeing it.


MODS Close this thread please, im not getting an answer to my question.

It doesn't work like that round here ... we bang on about nothing now for about 2-3 more weeks until somebody really upsets the cart and it gets deleted.

lostinrates

Dithering_Dad wrote: »

Is your OH going to be working permanently in London? If so, I would start considering either a move to a more commutable area, to London itself or for your OH to change his job. It's no sort of life living apart all the time (as I well know).

I didn't see this before.

Well, if in UK yes, has to be London...unless the City relocates:D There are some other offers on the table, all at overseas offices. (he'd really not want to move employer, its generally a good place to be, just politics ATM). We have the March deadline to see what life throws at us: would buy and stay in UK if find before then.

Moving commutably is not an option for the other parts of our lives. We looked very seriously, with intent, at something zone 6. It would have been very expensive, no prospect of me working from there and in retrospect I think we would have been miserable. DH has to live inside M25 work days. Its the rule.

As you know, these guys work long hours (today I lost track of him, three cities two days). Living together could mean still not seeing each other all that much more, and making our real life harder, more expensive.

We want a country life for ''real life'' really: we are resigned to living apart four nights a week, both sets of parents have set the pattern for us; its our cultural norm, iof not our personal preference. If we could aford to have it all (the lifestyle without me being tied to it, able to move between the two together)we would, but we can't, so we have to choose the best fit for us. There are advantages,every friday is exciting, and the geographical disatnce is good for dh, we really, really value our weekends together. By doing wht he does we hope to set up a business doing something that will hopefully provide or us in to later life. I don't want to be a house wife if we don't have children, so returning to something I can do with out the brain issues being to much of a problem will be good for me in all respects. We see twoways of living that would suit us (very persoanlly due to my situation) each with their pluses and minuses. We're going with this one for the time being.

Truth is, a lot of our life will depend on the bigger picture: the economics and whats going to happen in things way our of our control. I'm very strictly a prepare for the worst, and hope for the best type of gal.

Dithering_Dad

PasturesNew wrote: »

It doesn't work like that round here ... we bang on about nothing now for about 2-3 more weeks until somebody really upsets the cart and it gets deleted.

lol, PN. Never a truer word spoken.

harryhound

Dithering_Dad wrote: »

Mortgages are most people's largest expense and they've gone down significantly over the last 6 months, as reflected in the RPI figures (RPI include housing costs, whereas CPI doesn't).

My monthly premium is currently around the £300 mark for a £104k mortgage, making my house almost as cheap as I was paying for student digs about 15 years ago!

Combined with cheaper fuel, gas & electricity, clothign and food, I have to say that the Dither family have 'never had it so good'.

With the surplus cash, we're absolutely blitzing the mortgage with overpayments - which in turn further reduces our outgoings - which in turn means we have more surplus cash to pay onto the mortgage - which in turn... well you get the idea...

Surely for every one with a cheaper mortgage there are several savers with a reduced income from their savings?

Dithering_Dad

harryhound wrote: »

Surely for every one with a cheaper mortgage there are several savers with a reduced income from their savings?

I'm not sure if CPI or RPI figures contain details on interest on people's savings - aren't they more connected with outgoings, rather than income?

wolvoman

harryhound wrote: »

Surely for every one with a cheaper mortgage there are several savers with a reduced income from their savings?

Correct, isn't it something like 6 savers for every mortgage holder? BUT the value of those savings is quite a lot less than the mortgage debt.