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Debate House Prices
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Typical wage £20K. Typical house £150K
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At least I am quoting my sources....0
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No need for the minutiae of every detail. As the rather excellent and amusing hamster on the insurance advert puts it. Simples.
Exactly! These threads are full of it and, as you say, it largely comes down to seat-of-the-pants feeling and a basic knowledge of the markets and what people are thinking, doing, and how they react. It's really not rocket science! On the whole I tend to react differently from the sheeple and am a contrarian. IMHO that's the way to go. It's worked for me so far. If others want to take a different path, then that's fine by me. I really don't care! However, in my experience, if you wait for the trend, you are largely too late anyway and it's probably time to get out, whether it be property, shares, commodities, or whatever..!There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...0 -
Max_Headroom wrote: »I'm sorry but you're absolutely wrong. :cool:
Yeah..... Sure I am.:rolleyes:
The facts were researched, and you were proven wrong.
Why not just admit you were wrong and then we can all move on.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
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I mean that the huge amount of detail involved when arguing over a subject, and the amount of statistics that can be deployed by either side in order to make their case, can sometimes obscure the obvious. In this case some people think the houses in question are over priced, and some do not.PasturesNew wrote: »You mean, don't let the truth get in the way of a good story?
The devil's in the detail.
Proving which set of people is right is a lot more difficult.0 -
money for rent comes from salary
money for mortgage (if they can afford it) come from salary.
quite simple really - i would have thought an intelligent chap like you would understand
And where does money for rent come from when you've retired. I wonder how many peoples pension will cover rent and bills for the next 20/30 years of their lives!£2019 in 2019 #44 - 864.06/20190 -
I'd do comparison figures of the two areas, except being "abroad" the over the border figures aren't available on the same lists.0
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If you just get basic pension and Minimum Pension Guarantee, your rent/council tax are paid too.butterfly72 wrote: »And where does money for rent come from when you've retired. I wonder how many peoples pension will cover rent and bills for the next 20/30 years of their lives!0
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