House Prices Simply Too Expensive For The Young

PasturesNew

ukcarper wrote: »

Lets take Halifax 4x Full time male a lot more than £25k seeing as they say it's now 4.46x and average house price is about £163k wage = about £36.5k.

Not everybody wishing to buy a house is male though.

B_Blank

PasturesNew wrote: »

Some quick stats re Redruth. And Illogan Highway (even more dire than Redruth).

http://www.statistics.gov.uk/downloads/theme_labour/ASHE-2009/tab7_7a.xls - this gives the salaries of everybody.

I believe Redruth is in Kerrier, which is in cell A380

Median wage in this area in 2009 was £17,802
So £110k is more than 5x, it's 6.2x

Only 6.2x average wage for a bottom of the market FTB property. Bargain I say. Just off to by an I phone for £3k

B_Blank

ess0two wrote: »

Little knowledge is also dangerous.

Nice little smug line. Bet that got you a little excited inside typing that out didnt you. Your such a high brow thinker, you could give Plato a run for his money. Pathetic

ess0two

B_Blank wrote: »

Nice little smug line. Bet that got you a little excited inside typing that out didnt you. Your such a high brow thinker, you could give Plato a run for his money. Pathetic

Why thanks,so does google tell us how many people buy houses joint or single.

Go find it brains.

property.advert

Got to say that people seem to want it all to easily these days. In fact, I suspect their attitude will assist me going forward as I take advantage.

B_Blank

ess0two wrote: »

Why thanks,so does google tell us how many people buy houses joint or single.

Go find it brains.

Yes it does. Try looking smart guy.

Seriously, why even come on forums with such a stinking attitude.

You do realise what a powerful tool the internet is dont you? Like anywhere there is misinformation but not if you look in the right places.

Stop trolling

ess0two

property.advert wrote: »

Got to say that people seem to want it all to easily these days. In fact, I suspect their attitude will assist me going forward as I take advantage.

You snooze,you lose in this life.

ukcarper

PasturesNew wrote: »

Some quick stats re Redruth. And Illogan Highway (even more dire than Redruth).

http://www.statistics.gov.uk/downloads/theme_labour/ASHE-2009/tab7_7a.xls - this gives the salaries of everybody.

I believe Redruth is in Kerrier, which is in cell A380

Median wage in this area in 2009 was £17,802
So £110k is more than 5x, it's 6.2x

Lets try full time £22.4k 4.9x I believe halifax use male mean full male which is £24k. Not much good if your a female I agee but just trying to compare with long tern figures.

B_Blank

property.advert wrote: »

Got to say that people seem to want it all to easily these days. In fact, I suspect their attitude will assist me going forward as I take advantage.

The facts are housing is at least 30% higher than what long term average suggest they should be. This is just the way it is. Is it wanting it all to want housing to come down? Not really. Is it wanting it all to want housing to stay overvalued (by statistical fact not by idiot opinion)? More so.

ess0two

B_Blank wrote: »

Yes it does. Try looking smart guy.

Seriously, why even come on forums with such a stinking attitude.

You do realise what a powerful tool the internet is dont you? Like anywhere there is misinformation but not if you look in the right places.

Stop trolling

Well i'm waiting for you to show me the power,either put up or shut up.