Did my ears deceive me?

Dead_Eye_Jones

POORBUTHONEST wrote:

Shall I get off the property ladder and onto a Council waiting list??

The downside of having a welfare system is that there will always be a social underclass of dependant people. Its not a great existance, but for some its an easier choice than contributing to society, for others it's of course not a choice. I have very little sympathy for those unwilling to work, even less for those that claim benefit and work. Of course society should help those down on their luck, or unable to help themselves.

Personally Id stay will clear of new build anyway. These places are well marketed and look great initially but you'll soon find them to be much smaller than you thought, soulless, developer promises unkept, etc. You'll get sold by a flash bathroom and kitchen, but there's more to a home to that...

plane_boy2000

Do some digging and see what you can find out - the plans will clearly identify where the affordable housing will be placed, and in a big development it may be so far away from you that it’s not an issue. I bought a new build last year, and we have affordable housing on the development - it’s the shared ownership sort so the people are really normal and nice. To get one of these houses they have to be able to get a mortgage for a proportion of the purchase price anyway, and often just can’t get the whole amount because they are in a low paid job such as care worker etc. If the houses on your development are of this type then I wouldn’t be worried.

One more thing - why do so many people on here have such a hang up over new builds? In most cases they only sell for the price of a similar house in the area as the price is market driven so how can they be overpriced? And also why do most people on here think that if you buy a new build it will fall in value? This is not the case if you buy sensibly in the first place, and I can only think that these comments are driven by jealousy

chugalug

Dead_Eye_Jones - the downside of having a 'flexible' workers economy is that there will always be people who cannot afford to buy their own property.

If I work full time earning £6 per hour how much of a mortgage can I afford? If there werent people on low wages emptying your bins, working in shops and looking after the elderly where would all you high earners be??

Not everyone who lives in social housing is out of work just that not all work pays enough to support a mortgage.

I can't believe I'm even bothering to answer such a crass comment..............