Debate House Prices
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Repo's up and some startling numbers
Comments
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Graham_Devon wrote: »I didn;t say they were. All I asked is are they included?
Next awkward question is: If house prices really are only 3.13x wages currently, howcome we have such immense problems and so many priced out?
Come on.
Denial. Or answer? Or just abuse?
Graham, I urge you to slow down, take a moment, read and digest.
No-one has suggested house prices are only 3.13 x wages.
the released stats show that multiple for FTB LOANS.:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
IveSeenTheLight wrote: »(could be joint remember) is £38,419
Could be lots of stuff. Thats been my point all along. It's why I keep asking the questions.
It's only when you want to prove a point you will look into what it "might" be made up of. I've just been called Mr Muddle for asking what its made up of. You got thanked for doing the same thing.
As I say. Denial.0 -
Graham_Devon wrote: »howcome we have such immense problems and so many priced out?
the alternatives to buying is renting or find somewhere you can afford t buy. it seems a cruel world but it's the way it is and always has been.0 -
IveSeenTheLight wrote: »Graham, I urge you to slow down, take a moment, read and digest.
No-one has suggested house prices are only 3.13 x wages.
the released stats show that multiple for FTB LOANS.
Yes, I'm sure we've all got enough noggin to keep up with the context of the conversation. I don't have to keep saying FTB all the time do I, when it's specifically what we are all talking about and has been for the last 2 pages.
If I need to keep reminding you post after post, to save confuddling you, fine, I will. I didn't think you needed it.0 -
Graham_Devon wrote: »Could be lots of stuff. Thats been my point all along. It's why I keep asking the questions.
It's only when you want to prove a point you will look into what it "might" be made up of. I've just been called Mr Muddle for asking what its made up of. You got thanked for doing the same thing.
As I say. Denial.
I knew you'd get your knickers in a twist.
It's an average, it's made up of lots of different specific instance to make up that average.
You inferred that it's self cert mortgages that allowed FTBers to buy back in 2007.
I have asked the following, care to respond: -The latest release I posted showed 15,800 loans averaging at just over £120k.
Are self cert loans still available now for these FTBers?:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
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Graham_Devon wrote: »Yes, I'm sure we've all got enough noggin to keep up with the context of the conversation. I don't have to keep saying FTB all the time do I, when it's specifically what we are all talking about and has been for the last 2 pages.
If I need to keep reminding you post after post, to save confuddling you, fine, I will. I didn't think you needed it.
You still don't get it, even when I put it in bold.
ITS NOT HOUSE PRICES, IT's MULTIPLE TO LOANS:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
HAMISH_MCTAVISH wrote: »Mortgage famine ongoing, FTB-s continue to be discriminated against.
Nothing new there Graham, just the same old points we've been mentioning for some time.
There is an entire generation being forced to enrich their landlords because the banks won't lend more than a token amount of mortgages at reasonable (5% or 10%) deposit levels, particularly to young people.
indeed. competition for ftbs capable enough to save decent deposits still falling.
great news for the same. as youve been studiously ignoring for some time.0 -
IveSeenTheLight wrote: »You inferred that it's self cert mortgages that allowed FTBers to buy back in 2007.
I have asked the following, care to respond: -
I inferred now?
Blimey. Just asked a question and stated the fact that 50% of mortgages in 2006/7 were made up of self cert.
You've changed that to make out I inferred something else about FTBs. In that paragraph I didn't mention FTBs, but don't find you confused this time...how strange.
It's all denial. If you lot REALLY wish to believe houses prices for FTB's are, on average only 3.13x wages currently, or income even. Then feel free. but don't at the same time suggest its lack of lending to blame for lack of FTB's. Thats called denial. Either house prices for FTB are within affordability levels, or they are not. Both ways simply doesn't work, which I guess is why you are accusing me of getting knickers in a twist, being mr muddle, havign short man syndrome when I;m not even short, being thick, and whatever else.
I'm simply sat here firing awkward questions and amusing myself with the results.0 -
Graham_Devon wrote: »You do realise we are talking abotu FTBs and not everyone?
Please chucky, take a moment to read and digest the information before posting.
Look what I just did. Yay me. :j <yawn>
and "everyone" includes FTB's. i like the way you've gone full muddle on this thread. impressive. :wall:0
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