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Debate House Prices


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Britain Can't Afford Falling House Prices

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Comments

  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Percy1983 wrote: »
    You could say my winging is as unnecessary as the gloating which causes it.
    Totally agree, so don't lower yourself ;)

    It may not seem fair or just, but I think with the period of austerity, were going to see owner occupancy percentages lower than where they are.

    If you want to move into the option of being a owner occupier instead of a tenant / stay at home, your realistically going to have to do the extra required to achieve it, regardless if it's harder than recent years or not.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Yakubu22
    Yakubu22 Posts: 640 Forumite
    500 Posts
    Percy1983 wrote: »
    I don't think it is such a poor arguement, you say that people who can't afford a home should better themselves and get a better paid job, but how many well paid jobs is there and who is going to do the less than £19k jobs.

    In short if you ask many boomers what they did for work when they bought a house and apply that to a couple today doing the sames jobs and hours and many of them won't be able to afford a house.

    You make out that all who can't afford is now are just lazy, my point is they aren't lazy and actualy have to do more to get less. I have accepted this fate and am just getting on with it, but I do find it insulting when my other half and I (and many like us) have worked very hard to get where we are and you get boomers saying we are all lazy when in reality we have to work a lot harder to get the same chances as they did.

    My parents bought their first home in the mid 70s. They were both on fairly low paid jobs as they were only 20 or so.

    They bought a 2 bed semi in a nice area for 1.5 x their joint income.

    The same place would now cost almost 3 x mine and my missus' joint income. And our combined income is £56k. Which is way more (relatively) than what my parents earned.

    That is a fact. And for people of my age (that we speak to) it's not an uncommon situation.
    "For those who understand, no explanation is necessary. Those who don't understand, dont matter."
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Yakubu22 wrote: »
    My parents bought their first home in the mid 70s. They were both on fairly low paid jobs as they were only 20 or so.

    They bought a 2 bed semi in a nice area for 1.5 x their joint income.

    The same place would now cost almost 3 x mine and my missus' joint income. And our combined income is £56k. Which is way more (relatively) than what my parents earned.

    That is a fact. And for people of my age (that we speak to) it's not an uncommon situation.

    Exactly my point, my dad was a security man and my mum was a part time checkout operator when they bought there current house, to buy the same house with those jobs now is impossible.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Percy1983 wrote: »
    Exactly my point, my dad was a security man and my mum was a part time checkout operator when they bought there current house, to buy the same house with those jobs now is impossible.

    The answer to this is a betamax player cost £400, and a TV from rumbelows was £10 per week. Didn't have ipods or mobiles either. Therefore, people are better off these days.

    Funnily enough, the answer to not being able to afford a house, is to cut the iphones and tv subscriptions...
  • Does anybody think that maybe, just maybe, allowing in over 300,000 odd people every year has something to do with the supply and demand of housing? And the destruction of our countryside?

    Who do you think is behind the opening of our borders? Did you ask for this? Was it a pressing issue in 1960? Were millions of our parents and grandparents constantly fretting about the fact that we DIDN'T have open borders, and DIDN'T have 300,000 people coming into this country every year?

    Hmm...
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Does anybody think that maybe, just maybe, allowing in over 300,000 odd people every year has something to do with the supply and demand of housing? And the destruction of our countryside?

    Who do you think is behind the opening of our borders? Did you ask for this? Was it a pressing issue in 1960? Were millions of our parents and grandparents constantly fretting about the fact that we DIDN'T have open borders, and DIDN'T have 300,000 people coming into this country every year?

    Hmm...

    What destruction of countryside? NIMBY rules OK :) BTW I thought we had quite a lot of Caribbean and Asian immigrants to the UK in the early 60's. that is why we had immigrant laws imposed in 1962,68,71 and 81. What about Enoch and the rivers of blood?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Yakubu22 wrote: »
    My parents bought their first home in the mid 70s. They were both on fairly low paid jobs as they were only 20 or so.

    They bought a 2 bed semi in a nice area for 1.5 x their joint income.

    The same place would now cost almost 3 x mine and my missus' joint income. And our combined income is £56k. Which is way more (relatively) than what my parents earned.

    That is a fact. And for people of my age (that we speak to) it's not an uncommon situation.

    I would say this is a fact for about of 99% people who are 40 years old or older. My parents bought a 3 bed semi in a small village, that today is worth £200,000, my mother didn't work, and my father had low paid jobs all his life, yet still managed to pay for the house, and the rest of the family (two brothers as well as me).

    Yet we have certain geniuses on here (defenders of the fractional reserve banking system) who try to tell us that nothing is different, and that things are just hunky dory now, even though the overwhelming majority of people under 30 have NO HOPE of buying a house, which I think is absolutely disgusting.
  • StevieJ wrote: »
    What destruction of countryside? NIMBY rules OK :) BTW I thought we had quite a lot of Caribbean and Asian immigrants to the UK in the early 60's. that is why we had immigrant laws imposed in 1962,68,71 and 81. What about Enoch and the rivers of blood?

    What destruction of countryside? Oh, I can't imagine. Let me see. Every time they build another set of houses, they destroy whatever countryside used to be there before the houses were built. They destroy whatever view the people who lived there BEFORE the houses were built, used to have.
    What immigrant laws were "imposed" :rotfl:in 1962, 68, 71 and 81? Are they the same as the open borders that really have been imposed on us now?

    Why did the three main political parties all make promises to reduce immigration during the general election, if most people want more immigration? Hmm...
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker

    Why did the three main political parties all make promises to reduce immigration during the general election, if most people want more immigration? Hmm...

    Most immigration is from within the EU, remind me how did they propose to reduce that? BTW who said that most people want immigration? what are you smoking?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    e.
    What immigrant laws were "imposed" :rotfl:in 1962, 68, 71 and 81? Are they the same as the open borders that really have been imposed on us now?

    Let us kick off with the first one.

    The Commonwealth Immigrants Act 1962 (c. 21) was an Act of the Parliament of the United Kingdom.
    Before the Act was passed, citizens of Commonwealth of Nations countries (including The Republic of India, Islamic Republic of Pakistan (including East Pakistan province) and many Caribbean islands) had extensive rights to migrate to the UK. In response to a perceived heavy influx of immigrants, the Conservative Party government tightened the regulations, permitting only those with government-issued employment vouchers, limited in number, to settle. Gaitskell called it "cruel and brutal anti-colour legislation".

    http://en.wikipedia.org/wiki/Commonwealth_Immigrants_Act_1962
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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