Flamin' 'Eck, English House Prices Are Cheap.....

N1AK

Really2 wrote: »

Does it matter though, some one may want a house for £35K and may not give an damn about what everyone else thinks.

You can buy a car for £40 from a scrap heap, does that mean that people can afford cars on paper round money? You have to draw the line somewhere. I'm not suggesting this property is below that line, simply that having a 'house' available at a low price doesn't prove much without knowing far more about it.

Cleaver

Graham_Devon wrote: »

Please beleive me when I sincerely say that I couldn't give two hoots. This will just be another thread where various posters now jump in to get some of the action from your post.

Graham, I'm just saying then Really pointed out that there are over 500 houses in one area of the North East for under £100k, which seems to support the source Generali put up with him. I agree with him that there seems to be 'affordable' houses in this area.

You countered this with saying that one particular house might need to be demolished and that a fiesta might be on for £500 but might not be a good purchase. If people 'jump in' then you can surely understand why?

I hope that I don't jump on the 'have a go at Graham' bandwagon very often, but it's easy to see why you frustrate people so much.

Graham_Devon

N1AK wrote: »

You can buy a car for £40 from a scrap heap, does that mean that people can afford cars on paper round money? You have to draw the line somewhere. I'm not suggesting this property is below that line, simply that having a 'house' available at a low price doesn't prove much without knowing far more about it.

But the car at £40 is affordable, regardless of whether it's fit for purpose, it's affordable. End of story.

Graham_Devon

Cleaver wrote: »

You countered this with saying that one particular house might need to be demolished and that a fiesta might be on for £500 but might not be a good purchase. If people 'jump in' then you can surely understand why?

No, I have countered these 35k houses. In particular, one up for 6 months.

I have not countered generalis pont, or even mentioned the other 540 up to 100k.

It's equally as frustrating when people make out that because you try to look furhter into the price of an extremely low priced property, they assume and make out you have therefore applied that rationale to the average house price across an entire region, and all houses under 100k. I haven't, and didn't.

I agreed right after really's post you can't really argue thats a house at 34k isn't affordable, but you need to look a bit further into it, especially when they are not selling.

I stated which houses I was referring to. The 3rd and 4th on the list. I don't know how I could be anymore specific in what I was talking about, yet you still make out I'm going against a whole regions prices and all 540 properties. Would that not frustrate you just as equally?

Really2

N1AK wrote: »

You can buy a car for £40 from a scrap heap, does that mean that people can afford cars on paper round money?

??? I can't afford a bentley:mad: why can't everyone afford one?

There were 535 other houses on the list? why focus on just one? cleaver said it looked nice? is it really that bad a statement.

It is still a house at £35K if it costs someone £30K to do up it is still an affordable house.

Is it me or is the focus now switching on this thread? it is about if the point generali made was true, it looks like it is.

Cleaver

Graham_Devon wrote: »

But the car at £40 is affordable, regardless of whether it's fit for purpose, it's affordable. End of story.

Correct. It might be a bag of sh*t, as might that house, but it's affordable. Affordable and desirable / quality are two different things aren't they?

I'm with you, I wouldn't want to live in that house Really linked (and I doubt he would either). But if you earn £13k a year then it's affordable.

Really2

Cleaver wrote: »

I'm with you, I wouldn't want to live in that house Really linked (and I doubt he would either). But if you earn £13k a year then it's affordable.

And thats the point, I am sure somone on £13K would like to live in the best area in a mansion.
Unfortuantly everyone else who earns more than him/her are ahead of them in the queue, so they set the price.

PasturesNew

Everywhere'd be a nice place to live if only there weren't criminals, violence, neighbours from hell and feral scum.

LilacPixie

Interesting topic and discussion. I guess it comes down to personal tastes. I would love a 4 bed detatched, somewhere rural but within easy drive of decent schools/work. Something like this http://www.tspc.co.uk/details.asp?id=98176. Can't aford it though, maybe one day but not at the moment. So is property actually unaffordable or are my needs/wants just totally beyond my current earning/savings level. Now if house prices fell 30% well we could on a 3 x joint and 10% deposit but our wages are only slightly about average for area and that house is way above local average of about 125k so there will be lots of couples with higher spending power thinking that a 10% fall under SD threshold and its a viable option so IMO I just need to face facts that my income does not match my expectations for long term living so need to climb the ladder a bit until i reach that not just jump 1st rung to top.

LilacPixie

PasturesNew wrote: »

Everywhere'd be a nice place to live if only there weren't criminals, violence, neighbours from hell and feral scum.

I think you find them everywhere though even 1m+ homes