A quarter of home owners live on 'financial precipice'

chucky

Emy1501 wrote: »

Most people did not buy their house last year though? The article suggests in the last few years its been around 34 and not in the 20's. So who know what the average has been over the last 10 to 15 years

The point I was getting at was I know where Grahams coming from becuse I posted the article about the CML and under 30's last year and it was pointed out at the time that the average age of FTB's at the time was 34 which I found pretty suprising. Here is the thread which was only a few months. Its interesting nobody questioned it being 34 at time. Therefore saying because it was 30 last year means it was 30 14 years ago is a bit wrong without figures to back it up. In all honesty I would have thought it would be mid 20's the figures suggest otherwise.

http://forums.moneysavingexpert.com/showthread.html?p=26855575&highlight=emy1501+ftb#post26855575

Therefore who knows when these people bought their first home.

the average age of FTB's has never been below the age of 30 for the last 20 years.

Emy1501

Originally Posted by Emy1501
Are there that many FTB's over 30? I only know one person who bought their first property aged 30 or over. Also 90% mortgages have been around for a good while. Has the mortgage market changed that much recently?

According to this link the average FTB age is over 30:

http://www.ifaonline.co.uk/ifaonline...age-reaches-34



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The Following 4 Users Say Thank You to chucknorris For This Useful Post: Show me >> chucky (13-11-2009), Emy1501 (Today), tommy75 (13-11-2009), treliac (13-11-2009)

Above suggest you believe otherwise

chucky

Emy1501 wrote: »

Above suggest you believe otherwise

why? because i Thanked a post, great logic - you do spout some nonsense when you make a wrong statement

Emy1501 wrote: »

Are there that many FTB's over 30? I only know one person who bought their first property aged 30 or over. Also 90% mortgages have been around for a good while. Has the mortgage market changed that much recently?

it just shows that your 'anecdotal' evidence isn't the most reliable

i'll say it again for the hard of hearing - the average age of FTB's has not been under 30 for the last 20 years...

Emy1501

:rotfl:

chucky wrote: »

why? because i Thanked a post, great logic - you do spout some nonsense

So let me get this straight. You thanked a post who suggested the average first time buyer was 34 when I suggested otherwise because?
Why did you not pipe up then? Maybe because it did not suit your agenda then? You have no idea what the average of a first time buyer has been over the last 20 years.

I think its you who spouts the nonsense and has be found out today:rotfl::rotfl::rotfl::rotfl:

chucky

Emy1501 wrote: »

:rotfl:

So let me get this straight. You thanked a post who suggested the average first time buyer was 34 when I suggested otherwise because?

typical - you get corrected and you start throwing about rolling smileys.

the post got thanked because the average of age of FTB's is close enough to what the article said contrary to to what you constantly make up fictional stories about.

the average age of FTB's in 2009 was 32

Emy1501 wrote: »

Are there that many FTB's over 30? I only know one person who bought their first property aged 30 or over. Also 90% mortgages have been around for a good while. Has the mortgage market changed that much recently?

you claim that you don't know many people over the age of 30 that are FTBs - i say your anecdotal is wrong and so do the Communities and local Government Stats
http://www.communities.gov.uk/documents/housing/xls/141293.xls

Emy1501 wrote: »

You have no idea what the average of a first time buyer has been over the last 20 years.

I think its you who spouts the nonsense and has be found out today

i just proved that i do know but you feel free to post your rolling heads, it just shows your level of intelligence and proves your nonsense.

from the link...

Table 537 Housing market: distribution of borrowers' ages, by new/other dwellings and type of buyer, United Kingdom, from 1990 
    
    Average
    age
    
First time buyers    
1990    33
1991    31
1992    32
1993    32
1994    32
1995    31
1996    31
1997    32
1998    32
1999    32
2000    33
2001    34
2002    33
2003    31
2004    33
2005    32
2006    31
2007    31
2008    32
[B]2009    32[/B]

you got that straight now???

lets see you back track out of this one :j

StevieJ

http://images7.fotki.com/v142/photos/1/133612/493573/Laughin-vi.jpg

chucky wrote: »

typical - you get corrected and you start throwing about rolling smileys.

the post got thanked because the average of age of FTB's is close enough to what the article said contrary to to what you constantly make up fictional stories about.

the average age of FTB's in 2009 was 32

So compared to 1990 FTB are getting younger, velly interesting :cool:

Mr.Brown_4

chucky wrote: »

graphs and stats...

You don't half visit some boring websites.

stueyhants

StevieJ wrote: »

So compared to 1990 FTB are getting younger, velly interesting :cool:

I would be interesting to see how the average number of people supporting the purchase has changed. My assertion (and I have no evidence at the moment) is that the average age hasn't really changed, but the numbers of individuals supporting the purchase has gone up.

Pobby

Or how about the 70`s when much younger people bought. Me, at 25.

ukcarper

Pobby wrote: »

Or how about the 70`s when much younger people bought. Me, at 25.

I was 22 when I bought in the 70s and that wasn’t unusual.