"South West Home Truths"

the_ash_and_the_oak

chucky wrote: »

no what i'm saying is if you want to compare affordability, compare it using the average deposit and rate (which would give you the average mortgage required) vs the the average salary at the current time. not the average price of a house otherwise it distorts the multiples higher.

the current amount owed - it has very little to do with it.

you're agreeing with me btw

Ah I see what you're saying now. You're saying ave salary measured against ave amount paid out each month? Yes I agree this is a good measure of affordability - I am in agreement.

chopperharris

dgl1001 wrote: »

____________________________

kit would be rather nice if you could learn how to post a comment rather than red pen like a teacher....which you obviously are not.

Employers locate to where there is people ,absolute rubbish , take a look again at cities and towns around the uk that have been decimated , ex mining , shipbuilding etc.Proves your thoery wrong.

So what your suggesting that local communites should have to suffer for the common good with regard to airport expansion , so that means lower house prices and quality of life for so the many can fly more locally and business makes more money?

If an area has a declining population then building more social housing is useless , private housing for encouraging growth is the answer not the other way around...even if it for the working commuter and not the unemployed.

Thrugelmir

Really2 wrote: »

I would say look at full time, they all seem to be around £25.5K for those areas (but way from the point)


But Sureley a single person renting a 3 bed house is madness?

A) you are paying for space you dont need.
you are stopping people who need three bed houses renting thus pushing rental prices up, housing demand ending in HPI!

It is rather an ironic point considering the thread.

Take a look on the Reed website. A cashiers job in Yeovil has attracted 73 applications for a job with an hourly rate of £6.90. This is the real economy, the real UK.

For information that equates to annual salary of £13,455 on a 37.5 hour week. On a net hourly rate of £5.74p. Which is nearly half of what a cleaner can earn in London or only 48% of some cleaners employed in Aberdeen.

So taking your original comment to its natural conclusion. All childless couples for example should live in 1 bed flats ? Thereby reducing demand for larger houses enabling people with children to afford them. :rolleyes:

Really2

Thrugelmir wrote: »

Take a look on the Reed website. A cashiers job in Yeovil has attracted 73 applications for a job with an hourly rate of £6.90. This is the real economy, the real UK.

For information that equates to annual salary of £13,455 on a 37.5 hour week. On a net hourly rate of £5.74p. Which is nearly half of what a cleaner can earn in London or only 48% of some cleaners employed in Aberdeen.

So taking your original comment to its natural conclusion. All childless couples for example should live in 1 bed flats ? Thereby reducing demand for larger houses enabling people with children to afford them. :rolleyes:

What so the official stats are irrelevent now but a cashiers job in Yovil is now the average full time post.:rolleyes: so this is the don't use averages against averages, it is use 1 example and pretend it is an average thread.

My comments on renting were based on the renters on here like PN etc. they do not rent places bigger than they need as it eats in to there savings for buying etc.

A single person can rent on the average wage for that area a 20 bed mansion for all I care.
But it is hardly cost effective if you plan to buy in the future is it?

Also can you point out where I said childless couples ?

I would say a childless couple could rent what they want, but you now want to bring two wages in to it?:rotfl:

As I said for a single person renting a 3 bed house is madness, it is overkill and would slow down the aim of owning as you would be paying for space you do not need.

If I was single and looking to own I would rent the most cost effective property that suited me, most probably a 1 bed.

And yes if every single person rented or owned a 3 bed house you do not think that would cause some kind of housing problem:eek:,
You would have to be fairly stupid to think the average size property a single person needs is a 3 bed.

Is it a 6 bed for a couple?
12 bed for an average family.

Also what does Reed say the average CIMA qualified accountant earns. I would get your quote if you think that is averages.

Graham_Devon

Really2 wrote: »

:rotfl: :rotfl:

Look into it before you spout so much rubbish. It is way more than that.

Considering you moan about your friend who is a single mom and say how she gets over £25K a year you should be an expert on benefits.

But it seems you are just a daily mail reader and have no clue on who gets what just what the press tell you.

Look into it before you spout off that someone is talking rubbish.

On a wage of 21k (average roughly of the sums in the OP), partner at home bringing up the toddler, you would get £13.80 per week child tax credits.

If that's your idea of "way more than £10" then fine. But I don't think you really know what you are talking about, and are simply assuming.

Here, do the calculation yourself before you start rolling around laughing and suggesting it's rubbish: http://www.hmrc.gov.uk/taxcredits/start/who-qualifies/overview/quick-questionnaire.htm

I am talking about real figures here. In the OP they are real figures, the tax credit thing above is real figures.

Really2

Graham_Devon wrote: »

Look into it before you spout off that someone is talking rubbish.

On a wage of 21k (average roughly of the sums in the OP), partner at home bringing up the toddler, you would get £13.80 per week child tax credits.

If that's your idea of "way more than £10" then fine. But I don't think you really know what you are talking about, and are simply assuming.

Here, do the calculation yourself before you start rolling around laughing and suggesting it's rubbish: http://www.hmrc.gov.uk/taxcredits/start/who-qualifies/overview/quick-questionnaire.htm

I am talking about real figures here. In the OP they are real figures, the tax credit thing above is real figures.

]

What about working tax credits? What did you put the partner as claiming?

I did based on £21K partner not working and one child under 2.

Result
Child Tax Credit £718.29
Sub total £718.29

Nice try graham.:)

Graham_Devon

Really2 wrote: »

]

What about working tax credits?

£0.

Working tax credits are rolled into the child tax credits.

Do the calculation yourself. 1 partner on 21k. Other partner not working. 1 child.

If you work, you receive hardly anything. It's those who don't work, or work under 16 hours that get the figures you are probably imagining.

purch

It's extremely unusual for a thread that Graham started to descend into petty bickering about something totally unconnected to the OP :eek: isn't it ???

Graham_Devon

really2 wrote: »

to add even though it is ot the actual result for the test was.

I did based on £21k partner not working and one child under 2.

Result
child tax credit £718.29
sub total £718.29

now i think that is more than £13.

718 / 52 = £13.80.

Really2

Graham_Devon wrote: »

718 / 52 = £13.80.

oops me blonde:)