House Prices Simply Too Expensive For The Young

Conrad

the_flying_pig wrote: »

Some may take the view that this doesn’t matter and/or isn’t something to grumble about. I would disagree with that view.

What benefit comes from your taking your view, rather than accepting mankind may exist a trillion years, so in your little time blip you might as well confront whatever the reality is and make the best of life you can?

What purpose is served by your expending thought on the benefits of buying in 2000?

Conrad

I could have done all sorts of things in the past, but I did'nt and I am where I am, so what?

ultrawomble

ukcarper wrote: »

That’s all very well but that was one of the cheapest times to buy properties in relation to wages and well below the long term average.

And we're now well above the long term average......

Conrad

"It's so unfair that people got more for thier money in 2000 than I can now, it's unjust". "I'll have to slum it in a new 2 bed appartment in one of the safest most comfortabkle nations on Earth"

Tell that to her in Metro Manilla, it's actualy quite pathetic;

ukcarper

ultrawomble wrote: »

And we're now well above the long term average......

True but not as much above as it was below in 2001.

Graham_Devon

Jesus Conrad. You are losing it.

ultrawomble

ukcarper wrote: »

True but not as much above as it was below in 2001.

I'd rather be borrowing in 2001 multiples now:

ukcarper

Weve had all this before http://www.findaproperty.com/displaystory.aspx?edid=00&salerent=0&storyid=23046

I know your going to say that ends in 2009 but I believe Halifax index is lower now than then

ultrawomble

My nationwide graph looks better

ukcarper

ultrawomble wrote: »

My nationwide graph looks better

Depend on your outlook but any way you cut it the 10 years between 1991 and 2001 were a good time to buy.