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An entire generation locked out of property ownership

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Comments

  • System
    System Posts: 178,374 Community Admin
    10,000 Posts Photogenic Name Dropper
    And how the hell did I get promoted to forum stat geek.....
    Based on ASHE median all-earnings, with a unisex average x 2, for 30-34 year olds the following would be the case.

    The 75th percentile for a couple is £70,024

    The 80th percentile for a couple is £76,090

    The 90th percentile for a couple is £96,304

    Hope that helps ;)
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • rxbishop
    rxbishop Posts: 846 Forumite
    If lots of young, middle class, people can't afford to buy and the government let it happen, do you not think that perhaps they'll vote with their feet and get rid.

    There must be plenty of legislative ways of cooling the housing market, just a shame blair and brown didn't even try and when the whole system went tits up they just blamed it on american sub prime. I'd have 'em strung up.
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    rxbishop wrote: »
    If lots of young, middle class, people can't afford to buy and the government let it happen, do you not think that perhaps they'll vote with their feet and get rid.

    There must be plenty of legislative ways of cooling the housing market, just a shame blair and brown didn't even try and when the whole system went tits up they just blamed it on american sub prime. I'd have 'em strung up.

    I did vote with my feet and didn't vote labour.

    As it is I think the current lot may not be inflating the bubble too much, but I would prefer them to stop patching it up.
    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
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    The thing is a lot of employers won't even interview people from miles away.

    That's not the case in my experience.
    I've: -
    • held initial telephone interviews
    • held interviews with the candidate in a teleconference in another premise
    • offered an interview to a potential employee who had to drive for 6-7 hours to attend the interview.
    When I've held the interview, for those out of town, I've advised where the position is to be located and if they could foresee any issues if successful.
    The £65 the other poster referred to was most people's dole money. Which is what a lot of people would be having to relocate with.
    I may be wrong, I don't know, but can't those on benefits claim expenses for attending interviews.
    I know some companies pay for the expenses and surely it's potentially beneficial for the government to cover expenses in order to reduce the long term benefit outgoings
    Where does one stand a better chance of finding a job that one could actually get.... that's the thing. If you're out by 100 miles then you're still trapped in the first AST, while having to relocate a 2nd time. B&Bs out of season, with fittings falling off the wall, are still £600/month.

    Bit extremist is this not.
    I wouldn;t sign up to an AST until I was sure of where I would be staying in the first 6 months.
    Let's however assume in your scenario I had an interview in another town where I couldn't afford / get overnight accomodation. I'd make sure I arrived smart for the interview and slept rough if need be when travelling back to my original homeplace.
    I've relocated loads of times. Last time I booked into a hotel, then found a house-share, then rented a studio.... thing was it was at the start of the recession - 2 years on, no job still. Agencies didn't even have anything going. So I was due to relocate again and mid-move my new place was pulled from under me....

    You really seem to have everything going against you.
    It doesn't seem so hard for others
    So ... where... the big question. If people aren't getting jobs when they've got XYZ, then how can a random person turn up in a town and get one when they've not really got XYZ?

    Realistically, your unlikely to get an interview if you don't meet the companies criteria, hence all your previous issues are not encountered.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    Cleaver wrote: »
    Yup. Jimmy is enrolled for a 1st September start date.

    Well that's a fair bit of time available to you so I suggest you work on getting rid of that condescending superior attitude that you cannot control, you won't get very far teaching me anything when you are flouncing about spouting your random"examples".

    Best of luck.
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Jimmy_31 wrote: »
    Well that's a fair bit of time available to you so I suggest you work on getting rid of that condescending superior attitude that you cannot control, you won't get very far teaching me anything when you are flouncing about spouting your random"examples".

    Best of luck.

    looks like you've got your work cut out cleaver. nothing that a bit of light corporal punishment won't resolve.

    i recommend field punishment no. 2 in this instance.
  • ninky_2
    ninky_2 Posts: 5,872 Forumite
    edited 18 May 2011 at 2:47PM
    looks like you've got your work cut out cleaver. nothing that a bit of light corporal punishment won't resolve.

    i recommend field punishment no. 2 in this instance.

    some people pay good money for services like that.;)

    we're ready for you now mr mosley.
    Those who will not reason, are bigots, those who cannot, are fools, and those who dare not, are slaves. - Lord Byron
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Jobs stuff.

    Clearly there are jobs available nationwide, although in some areas there are very few indeed. However, the fact that there are quite a large number of unfilled job vancancies simply belies the fact that there is a dearth of people qualified to do the job.

    For instance, we have been recruiting for forensic accountants with a very specific skill set for months and months and haven't had any suitable applicants. the pay is at least market rate if not above, and the work is interesting. the problem is that people with the specific experience we want simply don't exist. even for less specific roles we are throwing away over 90% of CVs on the grounds that the person is not actually qualified to do the job they are applying for.

    i suspect many employers are finding the same thing, whether this is a case of unrealistic expectations on behalf of employers or not, it is the case that the unfilled vacancies, to a significant extent, do not match up with the skill set of job seekers.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Increasing housing supply will simply attract more people to Britain. It's the same when we build a new road such as the M25. We are sold the dream that traffic will be eased, but all that happens is the new roads attract even more traffic overall.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Clearly there are jobs available nationwide, although in some areas there are very few indeed. However, the fact that there are quite a large number of unfilled job vancancies simply belies the fact that there is a dearth of people qualified to do the job.

    For instance, we have been recruiting for forensic accountants with a very specific skill set for months and months and haven't had any suitable applicants. the pay is at least market rate if not above, and the work is interesting. the problem is that people with the specific experience we want simply don't exist. even for less specific roles we are throwing away over 90% of CVs on the grounds that the person is not actually qualified to do the job they are applying for.

    i suspect many employers are finding the same thing, whether this is a case of unrealistic expectations on behalf of employers or not, it is the case that the unfilled vacancies, to a significant extent, do not match up with the skill set of job seekers.

    I'm not going to argue against any of that, however PN constantly reminds us that she can't get a job and that there is nothing in her area.
    I'm merely pointing out that if you want to get a job, there are oppertunities out there.

    With regards to your attempt to recruit, I too constantly see CV's from people who chance their way to get an interview and unfortunately it's part of the recruitment phase to filter these out.

    If your not getting the candidates you want, you have to consider how your advertising to focus in the areas that is likely to return better cndidates
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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