People should buy a house to live in

mbga9pgf

Except the place I own is worth over £100k more than my parents' place. And I bought in Sep 2007

In which case, you can take 20% off its current value then.

Your figures dont mean anything without quantification. WHat were their salaries? How big a loan did they get? Did you max yourself out? What deposit did they put down? See my point?

wolvoman

mbga9pgf wrote: »

In which case, you can take 20% off its current value then.

Your figures dont mean anything without quantification. WHat were their salaries? How big a loan did they get? Did you max yourself out? What deposit did they put down? See my point?

Your point is that everybody's circumstances are different? Of course they are.

In which case why do we have these silly debates on here. Some people can afford houses, others cannot because of different circumstances. Let's move on here.

mbga9pgf

No, you tried to quantify a bull argument, yet again, without any figures.

leveller2911

Dan: wrote: »

So you want FREE further education and half price houses. Sorry mate, but you can't have life handed to you on a plate - If you want a decent living, get out there and earn it.

Cheers for that Dan, actually just to put you right Dan: I,m 40 yrs old, have a small joinery business and have been self employed for 22 yrs.
I started my apprenticeship on £27-00 per week.I pay roughly £10k a year in income tax and have never claimed off the state.....

I believe house prices are 50% over priced ,which I still stand by,based on prices in my area increasing by 300% in 10yrs when wages have gone up roughly 20% ,its NOT sustainable and can't continue.

Now for Education, I don't have a problem with people getting free higher education for 3 yrs ,enough to complete courses etc then into the workplace and pay some into the system...I dont think its right to saddle young people with debt before they begin work....:rolleyes:

Dan:_4

leveller2911 wrote: »

Now for Education, I don't have a problem with people getting free higher education for 3 yrs ,enough to complete courses etc then into the workplace and pay some into the system...I dont think its right to saddle young people with debt before they begin work....:rolleyes:

The problem is that these young people go to uni for nothing more then a 3 year p.iss up. A degree is not what it once was, bring back the days when only the best of the best could make it to uni.

leveller2911

wolvoman wrote: »

If house prices reached the level you suggest, I'd be able to afford to have 2. And so would many others.

Then there'd be even more landlords than there were before!!!

Yep, im sure you could, Im sure I could too, but I have "MORALS" I can see the bigger picture and how society would benefit from the vast majority being able to own their own home (for a reasonable mortgage), you sadly can't see beyond your bank balance ...I feel for you .


No social or moral responability:rolleyes:

Gorgeous_George

Uni my !!!!. It's usually Polytechnic.

Too much Neighnours on telly.

GG

leveller2911

Dan: wrote: »

The problem is that these young people go to uni for nothing more then a 3 year p.iss up. A degree is not what it once was, bring back the days when only the best of the best could make it to uni.

I would partly agree with you, too many do go for a "3 year jolly" we need more Joiners,carpenters,plumbers and electricians etc and less IT skills..........

mbga9pgf

Speak for yourselves! Bl00dy art students!

nearlynew

wolvoman wrote: »

When my parents bought their last house in 1991 their household income was about £50k.
Wage growth over that time means the equivalent today of about £90k (give or take the odd £k that's close to my income).

Except the place I own is worth over £100k more than my parents' place. And I bought in Sep 2007. If I was buying now the gap might be even bigger.

This idea that it is harder to buy now is utter rubbish.

Good Grief.

With twisted thinking like this, it's no wonder we are in such a mess.