Mainstream media article says it's not lending, its prices.

adr0ck

Graham_Devon wrote: »

So the other partner who currently doesn't work, goes to work.

Earns some wages, and hands them all over for childcare.

Were no further forward. It's not just 2-3 years. 4 year olds can't walk themselves home from school and let themselves in, while cooking a slap up meal for when mum and dad get home.

not all wages go out for childcare (and depending on how much you earn couples also get help with the childcare element)

there is still enough time in the day to at least have one parent working full time and the other part time

most schools now have a breakfast club (so kids can be dropped off at 8.00AM) for the cost of £1 per child per day

also most schools have an afterschool club which usually varies from £5 per day / child to £10 / day per child (so kids can be picked up at 5:30PM - 6:00PM)

if your not earning much you will also get money back through child tax credits

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Graham_Devon wrote: »

Yes, that proves that prices are too high today.

Think back. It was perfectly possible to buy a house on average wage and one earner back in the day. Hell, my dad did it as a lorry driver. Sure, was a struggle, and no ones suggesting any different. But I'm sure many of us were bought up in a one average wage earning family, in a home that was bought.

Again, you have proven the point, probably without realising it.

This is quite true, as I know only too well. The problem is bad lending/borrowing and poor IR decisions along with ponzi BTL schemes have forced the prices up so high, (with masses of debt on bank's balance sheets), that if prices were to return to those days, banks would be bust, so..........

Here we are, instead of prices, it's approvals and transactions that have been allowed to take the hit (50-60%+ down), along with some engineered 'inflation' (keeping rates at .5%, while RPI is 5%) in the vain hope that in real terms prices will become affordable again without them dropping nominally.

It's not working out though. And I honestly think there are bigger problems in front of us than behind us, something I've always said.

Blacklight

Graham_Devon wrote: »

Yes, that proves that prices are too high today.

Think back. It was perfectly possible to buy a house on average wage and one earner back in the day. Hell, my dad did it as a lorry driver. Sure, was a struggle, and no ones suggesting any different. But I'm sure many of us were bought up in a one average wage earning family, in a home that was bought.

Again, you have proven the point, probably without realising it.

What was the population back in the day Graham?

It boils down to this: If you want a house, get a job and pay for it.

adr0ck

Joeskeppi wrote: »

I don't kniow if it's most, but a lot more, certainly.

And those with one working person are still competing in a market where a lot of couples are both prepared to work, tough titties really.

i don't know any families with kids under 10 where one parent stays at home (unless its for maternity leave) (note this is my age group and my friends ages)

though i do know of some families where both parents don't work

Percy1983

adr0ck wrote: »

the point is that in most families today both parents work

Now is that a choice or are they both forced to work to have a roof over there heads.

In my parents day my mum worked part time to get a bit extra but so they also didn't need to pay for childcare and my dad was on below average wages.

Now both me and my better half are going to have to work full time it better paid professions to even have a chance, luckily she works in education so school holidays etc won't be as much of a problem as they are for many others.

adr0ck

Percy1983 wrote: »

Now is that a choice or are they both forced to work to have a roof over there heads.

In my parents day my mum worked part time to get a bit extra but so they also didn't need to pay for childcare and my dad was on below average wages.

Now both me and my better half are going to have to work full time it better paid professions to even have a chance, luckily she works in education so school holidays etc won't be as much of a problem as they are for many others.

years ago one parent went out to work

later one parent went out to work and the other worked a few hours here and there to earn a bit extra cash

later on one parent went out to work full time and the other worked part time (full time)

nowadays both parents go out to work full time

this is just a natural consequence of equal rights (i cannot belive that people still moan about it)

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Percy1983 wrote: »

Now is that a choice or are they both forced to work to have a roof over there heads.

In my parents day my mum worked part time to get a bit extra but so they also didn't need to pay for childcare and my dad was on below average wages.

Now both me and my better half are going to have to work full time it better paid professions to even have a chance, luckily she works in education so school holidays etc won't be as much of a problem as they are for many others.

I'm just glad I grew up when i did in the 70's and 80's, Dad worked as a self employed truck driver, mum never worked, have 3 sisters, we had a 4 bed detached house in the country, new car every 2 years, 3 holidays a year (in this country). Did all this with no debt, no credit cards and no tax credits.

Look where we are today, progress ? I don't think so.

Graham_Devon

adr0ck wrote: »

back in the day

the point is that in most families today both parents work

you will be saying next that women shouldn't have the right to vote

Take it the bold line was written out of frustration? As it has absolutley nothing to do with anything that's being talked about.

Where is your evidence that most families have both parents working? I don't believe this to be the case. Certainly not full time as you were suggesting.

Percy1983

adr0ck wrote: »

years ago one parent went out to work

later one parent went out to work and the other worked a few hours here and there to earn a bit extra cash

later on one parent went out to work full time and the other worked part time (full time)

nowadays both parents go out to work full time

this is just a natural consequence of equal rights (i cannot belive that people still moan about it)

I never said the the women should stay at home, equal rights say my other half can earn as much as me so I should be able to stay at home and keep the family home in order while always being there for my children and not paying strangers the raise them.

I do question how different society would be today if family was still promote to work this way.

adr0ck

Graham_Devon wrote: »

Take it the bold line was written out of frustration? As it has absolutley nothing to do with anything that's being talked about.

Where is your evidence that most families have both parents working? I don't believe this to be the case. Certainly not full time as you were suggesting.

no bold bit was not written out of frustration

i was just pointing out that society has changed

both men and women today are expected to work full time for the majority of their working lives, with the exception of a few years taken out for maternity leave and a few years to raise kids at home till they start school full time

yes you will have parents where one partner earns a lot of money so they both don't need to work etc

but this thread was about the average wage of £26K which imo is not enough to raise a family and pay for a house (therefore both parents would need to work) (unless your prepared to skimp and save for a few years - which is what I did)