Debate House Prices


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Average house prices vs household income.

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Comments

  • System
    System Posts: 178,353 Community Admin
    10,000 Posts Photogenic Name Dropper
    Percy1983 wrote: »
    I was thanking the sentiment rather than the maths. :D

    You want to be careful who you thank or people will think you're an imbecile as well.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    edited 8 August 2011 at 5:28PM
    StevieJ wrote: »
    Was it really so easy to buy in days of yore? Here is someone commenting on Jimmy Greaves auto-biography.

    http://www.amazon.co.uk/Greavsie-Autobiography-Jimmy-Greaves/dp/0751534455/ref=sr_1_1?ie=UTF8&qid=1312805681&sr=8-1

    Well.


    I mean, the main thing to note here is that Jimmy Greaves wasn’t paid a wage that was in any way comparable to what top players get today.


    But, yeah, it was easier to buy in the 60s, for sure. Home ownership was increasing at a fair old lick, the ownership rate going from 40-odd percent at the start of the decade to 50-odd percent at the end of it. Of course many people didn’t want to buy [why would they when council houses were cheap and plentiful] or couldn’t afford to, but we’re still talking about 2-3m families becoming home owners in a decade. Not to be sniffed at given the current situation whereby the number of homeowners has been falling since 2003, i.e. the number of people becoming homeowners is negative, kind of suggestive of it not being altogether easy. In net terms, no-one at all is becoming a homeowner, quite the opposite in fact - more people are dropping out of home ownership through death or whatnot than are entering into it as FTBs.
    FACT.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Fair enough, jumped the gun on that one, and you can enjoy the pasting I deserve.

    But still, you have ignored other costs. So, point stands :)

    You are still a blithering fool though, I stand by that :)
  • geneer
    geneer Posts: 4,220 Forumite
    edited 8 August 2011 at 6:42PM
    Seriously? You still don't understand?

    Mate, you should have just pretended to get it and quietly left the thread

    Strange advice, coming from a poster who's regular MO is to quietly leave the thread and pretend that they never got it.
  • geneer
    geneer Posts: 4,220 Forumite
    Fair enough, jumped the gun on that one, and you can enjoy the pasting I deserve.

    But still, you have ignored other costs. So, point stands :)

    You are still a blithering fool though, I stand by that :)

    You can't be refering to the fact that Hamish appears to have posted augusts Halifax figures even though we're only one week into august.

    Seems we all make mistakes Devon.
    We just all don't have an army of team mates compelled to writhe around the board in hysterical delerium every time someone drops a decimal point.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Oh dear....

    Poor Graham still hasn't realised how badly he screwed up. A bit humiliating really. :(

    I'd almost feel sorry for him if it weren't for this....



    Which, all things considered, was the icing on the cake.:rotfl:

    Although, if it's any consolation Graham, it seems you're not alone on the "doesn't understand percentages" front.

    The Following User Says Thank You to Graham_Devon For This Useful Post: Show me >>
    Percy1983 (Today)

    Seems like Vorderman may have a good point :eek:
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Carol Vorderman does have a point.

    Errors like this are all too common in everyday life and it costs people money. Wheat's up by 80%, energy by 45%, transport by 20% and wages by 6% - well that's 151%* - lucky we've got ASDA looking after us who have only doubled the price of bread innit! No wonder UK retailers can work on bigger margins that their European peers and expand them even in a recession.

    *made up numbers
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