Typical wage £20K. Typical house £150K

chucky

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!

the argument there is maybe they were better off buying - that's their personal choice and what suits them best though

Mr.Brown wrote: »

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.

Proving which set of people is right is a lot more difficult.

oh Mewbie - it's so good to have you back.

each individual circumstance whether they buy or rent is totally up to them and what suits them best. both are good options but maybe not the right one for them.

Mr.Brown_4

chucky wrote: »

oh Mewbie - it's so good to have you back.

I am sorry to disappoint you madam, but I am not that poster. They have left the forum, according to other threads. If you miss them so much perhaps you can make some other friends on here.

Emy1501

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!

I suspect when I retire in 25 years or so most will be working right up until they die if they can find anyone who will emply them. I not sure many young people in this day understand what a pension is or why they need one.

HAMISH_MCTAVISH

Mr.Brown wrote: »

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.

Proving which set of people is right is a lot more difficult.

If both sides had in fact deployed statistics, then you would have a point.

But in this case, the OP provided nothing but anecdotal stories and subjective opinion, which were then proven to be false by the use of sourced and factual data.

He was wrong, end of story.

chucky

Mr.Brown wrote: »

I am sorry to disappoint you madam, but I am not that poster. They have left the forum, according to other threads. If you miss them so much perhaps you can make some other friends on here.

rewired constantly Thanking you gave it a way Mewbie...

why don't you use your original user name - why the need for multiple ID's?

Graham_Devon

Welcome back Max, good to see you around.

Agree entirely by the way.

chucky

Graham_Devon wrote: »

Welcome back Max, good to see you around.

Agree entirely by the way.

another one that misses the point completely :rolleyes:

oh look a shiny thing!!!

phil_b_2

Max_Headroom wrote: »

People can twist it all they like, the common sense fact is that there has to be a basic relationship between a typical house and a typical wage..

It's sooooooo not that simple...

nearlynew

I don't give a f*ck about statistics or interest rates.

All I know is the "thickies" that I went to school with, and I still see 30 years later, are all home owners wih £200-300k houses, despite having left school with no qualifications.

They started out as building labourers, warehouse men, shop assisstants, window celaners, taxi drivers etc...........

.....................and are still doing the same.


Some kid starting out today could never do the same.



When it comes down to being disadvantaged because of when you were born, things are really f*cked up.

ThrowingStonesAtYou

nearlynew wrote: »

I don't give a f*ck about statistics or interest rates.

All I know is the "thickies" that I went to school with, and I still see 30 years later, are all home owners wih £200-300k houses, despite having left school with no qualifications.

They started out as building labourers, warehouse men, shop assisstants, window celaners, taxi drivers etc...........

.....................and are still doing the same.


Some kid starting out today could never do the same.



When it comes down to being disadvantaged because of when you were born, things are really f*cked up.

Well said. You can argue about affordability, interest rates etc. but when it comes down to it there are some glaringly obvious signs that things are wrong and these can't be disputed with any credibility.