House Prices 27% Overvalued!

vaporate

chucky wrote: »

really... love to see you prove that one...

What misfortune? I don't have thousands because i havent had the chance to earn it yet. Or are we talking about sponging of parents here chuck?


now that you mention it let me tell you some real facts not your forumonics or urban myth stuff that you seem to prefer...

trolling

70% of property is owner occupied - 40% of those don't have a mortgage...

source?

elitist?? i don't think so...

More toons on here.

I would love to hear your explanation how my generation can get money together without parental help.

I thought you would shy away.

If the average house price is say 200 000 noone could raise 20 000 for a deposit, if 10 percent is all that is needed without parental help.

That is my point.

chucky

vaporate wrote: »

More toons on here.

I would love to hear your explanation how my generation can get money together without parental help.

easy there Mr Racist - trolling is when you make stuff up looking for attention, a bit like you're doing....

i've given you facts but you choose to disbelieve them because you have a few bags potatoes on your shoulders...

but here goes to see if you're bright enough

here's the percentage of properties without a mortgage... it's over 40% more than i thought...
http://www.communities.gov.uk/documents/housing/xls/139706.xls

vaporate

chucky wrote: »

easy there Mr Racist - trolling is when you make stuff up looking for attention, a bit like you're doing....

i've given you facts but you choose to disbelieve them because you have a few bags potatoes on your shoulders...

but here goes to see if you're bright enough

here's the percentage of properties without a mortgage... it's over 40% more than i thought...
http://www.communities.gov.uk/documents/housing/xls/139706.xls

55% buying with mortgage. Doesn't say how many ppl or as a % as a whole of the UK pop.

racist? everyone is by your definition

If that is reference to bnp, called freedom of speech.

chucky

vaporate wrote: »

55% buying with mortgage. Doesn't say how many ppl or as a % as a whole of the UK pop.

see i knew that you weren't the brightest... you're making yourself look silly now...

10.5-11 million mortgaged properties in the UK - do the maths...

vaporate

chucky wrote: »

see i knew that you weren't the brightest... you're making yourself look silly now...

10.5-11 million mortgaged properties in the UK - do the maths...

lol i dont think so.

Being coy doesnt help.

oh and you still havent answered this:

I would love to hear your explanation how my generation can get money together without parental help

more so in this job market.
My opinion? better off having a large saving 'pot' instead and rent.

I believe in the priced out theory.

hey better than having a few hundred k bill.

nembot

I love these threads, so much denial - it's flipping hilarious.

:beer:

This beer thing is very addictive.

chucky

vaporate wrote: »

lol i dont think so.

Being coy doesnt help.

you obviously couldn't you work it out or knew how to use Google...
the answer is that there are 9.5 million properties that are owned outright... it's a lot isn't it... probably more than you ever imagined...

There are 11.7 million mortgages in the UK

http://www.cml.org.uk/cml/media/press/1808

let me play with you some more... the average age of the FTB is lower now than it was in 1990... you're going to tell me that's not true aren't you... :eek:

chucky

nembot wrote: »

I love these threads, so much denial - it's flipping hilarious.

:beer:

This beer thing is very addictive.

i just like them because it shows how ignorant your bear friends are, not you of course.

i know house prices are expensive btw... just not unaffordable as people try to make out...

vaporate

chucky wrote: »

you obviously couldn't you work it out or knew how to use Google...
the answer is that there are 9.5 million properties that are owned outright... it's a lot isn't it... probably more than you ever imagined...

http://www.cml.org.uk/cml/media/press/1808

let me play with you some more... the average age of the FTB is lower now than it was in 1990... you're going to tell me that's not true aren't you... :eek:

So I couldnt be bothered to google it?

As for a lower age? so what? reckless lending maybe? repossessions. Arrears which your source states.

play away lol

vaporate

chucky wrote: »

i just like them because it shows how ignorant your bear friends are, not you of course.

i know house prices are expensive btw... just not unaffordable as people try to make out...

They so are.