Generation Whine

ILW

I believe the Ford HGV drivers earn over 40k and as said before most tanker drivers do as well.

Graham_Devon

ILW wrote: »

I believe the Ford HGV drivers earn over 40k and as said before most tanker drivers do as well.

Most tanker drivers don't.

It's around 34k.

Please also remember, that in a lot of cases, you have to pay for your own certificates, which are very expensive.

the_flying_pig

you can't beat the good old housing bulls'

on average shop assistants earn around £25k, roadsweepers £30k, bus drivers £40k, schoolteachers £50k, train drivers £60k, everyone in London at least £70k, etc

posts.

ninky_2

neverdespairgirl wrote: »

My parents married in 1974, and bought a maisonette in Blackheath. 2 beds, living room, dining room, kitchen, bathroom. They were then aged 27 and 25, my mother was a teacher (the elder of the pair) and my father was a baby barrister.

I really doubt a couple in the same jobs could buy that place now.

my parents married in 1970 and bought a similar property in Streatham. Mother SAHM and father low waged worker in publishing. No way would that happen now. Back then that was considered 'struggling'.

Linton

neverdespairgirl wrote: »

My parents married in 1974, and bought a maisonette in Blackheath. 2 beds, living room, dining room, kitchen, bathroom. They were then aged 27 and 25, my mother was a teacher (the elder of the pair) and my father was a baby barrister.

I really doubt a couple in the same jobs could buy that place now.

Plenty of 2 bedroom flats in Blackheath offered for around £180K-£200K. So with 3-4X joint salary it doesnt seem way out. And London is a special case as prices must have been seriously inflated by the high pay in the financial sector, less of a factor in the 1970's. Also, I guess Blackheath is now rather more upmarket than it was then.

Of course today's FTBers may not consider a 2 bedroom flat as appropriate for people in their position.

Graham_Devon

Linton wrote: »

Plenty of 2 bedroom flats in Blackheath offered for around £180K-£200K. So with 3-4X joint salary it doesnt seem way out. And London is a special case as prices must have been seriously inflated by the high pay in the financial sector, less of a factor in the 1970's. Also, I guess Blackheath is now rather more upmarket than it was then.

However, reduce that joint salary to a single salary with the advent of a child, and what would happen?

It's what NDG's parents did, and survived through it. Could you now? 7-8x salary AND a child?

Linton

Graham_Devon wrote: »

However, reduce that joint salary to a single salary with the advent of a child, and what would happen?

It's what NDG's parents did, and survived through it. Could you now? 7-8x salary AND a child?

As has been explained before, today's prices are based on dual incomes because couples can easily outbid singles. In 1974 the assumption was a single bread earner. Working wives with a good income were much less common and werent really taken into account in mortgage assessments.

Nowadays the number of working couples wanting to buy a house is more than sufficient to occupy the houses available.

Graham_Devon

Linton wrote: »

As has been explained before, today's prices are based on dual incomes because couples can easily outbid singles. In 1974 the assumption was a single bread earner. Working wives with a good income were much less common and werent really taken into account in mortgage assessments.

Nowadays the number of working couples wanting to buy a house is more than sufficient to occupy the houses available.

Thats all fine, and I'd agree. But goes absolutely no where near answering my point.

If we are going to compare, surely we should compare properly?

22225

by the way, a minor point, but with the blackheath example, there's proper blackheath village area where a 1 bed flat would be around 250 grand and a wider area which is more like kidbrooke and not so nice. that's my understanding of it anyway??

olly300

22225 wrote: »

by the way, a minor point, but with the blackheath example, there's proper blackheath village area where a 1 bed flat would be around 250 grand and a wider area which is more like kidbrooke and not so nice. that's my understanding of it anyway??

If you read the previous answers in this thread, you should expect to live in a grotty area where you feel unsafe.