Housing in South West now 11.6x average salary

Going4TheDream

Brallaqueen wrote: »

Going4TheDream very true in the south - using Graham's original of 14k, they'd have a chance to buy something in Merseyside??

I think Grahams example was nett tax so he was looking at a gross of £17.5k. I imagine that 3 x salary and a 20% deposit would be a property price of around £63k...

Being single on a low wage and buying I think is unattainable for many, not just in the more expensive areas

The areas where you see the cheaper homes are perhaps without work or not the best areas

Things only seem to be more affordable when there are two salaries in most areas these days and even then there will often be an element of compromise involved, location, area, facilities etc.

Conrad

Going4TheDream wrote: »

Things only seem to be more affordable when there are two salaries in most areas these days

On my view this is just part and parcel of life in a densly populated island, just one of those things.
In a sense those expecting to be able to afford a home on one salary are akin to someone saying they jolly well think winter ought to be warmer, just a pointless desire that's never going to happen.

Throughout history we've had to make sacrifices, I mean think of the great irish famine where many died and others were forced to sail to far flung lands.

Humans Beings always went where the resources were, following seasonal migratory herds for example. There is no switch we can flick to make everything perfect. If it means relocating, then so be it, if you want your own home above all else.

OptionARMAGEDDON

they'd have a chance to buy something in Merseyside??

[SHUDDERS] moved from there, wouldnt go back. Boris was right about Scousers when he got in trouble. They love latching onto their self pity and pretend its actually a "Sense of community".

Thats why you find their sickness benefits and unemployment benefits rates are the highest in the country. No coincidence that all the unionist spokesmen you see on TV seem to come from merseyside...

As for house prices, unfortunately the average IQ isnt great, they arent quite at the stage to admit yet their tiny bricks and mortar arent worth Southern prices when you dont have the employment and salaries to back them up.

Going4TheDream

Conrad wrote: »

On my view this is just part and parcel of life in a densly populated island, just one of those things.
In a sense those expecting to be able to afford a home on one salary are akin to someone saying they jolly well think winter ought to be warmer, just a pointless desire that's never going to happen.

Throughout history we've had to make sacrifices, I mean think of the great irish famine where many died and others were forced to sail to far flung lands.

Humans Beings always went where the resources were, following seasonal migratory herds for example. There is no switch we can flick to make everything perfect. If it means relocating, then so be it, if you want your own home above all else.

I agree and although relocating makes sense I believe many people are often frightened of change.

You only have to work with change management within business to feel the resistance.

Many people like what they know and understand, and often fail to see the benefits that change brings!

OptionARMAGEDDON

Going4TheDream wrote: »

I agree and although relocating makes sense I believe many people are often frightened of change.

You only have to work with change management within business to feel the resistance.

Many people like what they know and understand, and often fail to see the benefits that change brings!

To be fair, I have seen "change" enforced in the workplace and its not always good. LEAN engineering principles applied to the military for example. Or, despite others making the same mistake, management personality changes introducing "change" (called a "better way of doing things") for the sake of recognition. Queue a screwed up section of a workplace and reverting back to how it is within 6 months of the "Change for the better". :rotfl:

If it aint broke, dont try and fix it! It gives you more resource to fix the stuff that needs changing! (Usually the stuff that is really difficult to change, whereas mangement likes a quick fix, "Low hanging fruit" is management buzzspeak for this I believe!)

Going4TheDream

OptionARMAGEDDON wrote: »

To be fair, I have seen "change" enforced in the workplace and its not always good. LEAN engineering principles applied to the military for example. Or, despite others making the same mistake, management personality changes introducing "change" (called a "better way of doing things") for the sake of recognition. Queue a screwed up section of a workplace and reverting back to how it is within 6 months of the "Change for the better". :rotfl:

If it aint broke, dont try and fix it! It gives you more resource to fix the stuff that needs changing! (Usually the stuff that is really difficult to change, whereas mangement likes a quick fix, "Low hanging fruit" is management buzzspeak for this I believe!)

In business things often need to change to remain competitive, how well thought out and managed the process is is another story

Are you suggesting that relocation for those living in expensive areas should not be a consideration?

OptionARMAGEDDON

No, sorry, I was going "off topic". Unfortunately, it seems a "good idea" is often a "sh*t idea" that usually costs far more to implement than the cash saved. I have moved 7 times in the last 9 years of my work to give you a frame of reference. It goes with my job! And I dont begrudge it. I have a better idea of whats around me and where is great in the UK. I have lived as far north as york and as far south as W1 london!

regards

Option.

Conrad

OptionARMAGEDDON wrote: »

To be fair, I have seen "change" enforced in the workplace and its not always good. LEAN engineering principles applied to the military for example. Or, despite others making the same mistake, management personality changes introducing "change" (called a "better way of doing things") for the sake of recognition. Queue a screwed up section of a workplace and reverting back to how it is within 6 months of the "Change for the better". :rotfl:

If it aint broke, dont try and fix it)

Thats like me talking!

I have long known this hideous trend in Anglo Saxon British business.

New whizz kid comes in, wants to make his mark, brings in a new business model and guess what, I'ts one that was in place 15 years ago, but as none of the top bods have been promoted from within, none of them know this!

This is actualy a curse in Anglo Saxon business practice. In Germany and Japan there is a propensity to promote from within right through the ranks so that the Directors have intimate domain knowledge.

The sorts of thing Undercover boss uncovers is completely what I have always gone on about - people at the top having no clue what goes on at trench level.

Every top executive ought to be forced to read The Puritan Gift, which descibes this ineffieciency at the heart of American and British business. Indeed it argues we also tend to promote the people with degrees that happen to be as it were, good at speeches and parties rather than the engineer with a much better grasp of every department in the business.


I also bemoan this tendancy for out of touch Directors to unleash new IT / software on the troops, and within 30 seconds I can spot what the problems are. I could have saved them huge amounts of lost time and hassle if only the Generals had bothered to ask in the design phase. Time and time again this happens. Also the software designers usualy have no clue as to what the end user will need. This is a cancer at the heart of our society and entirely avoidable if those in key positions were the right type of detailed minded folk.

StevieJ

Brallaqueen wrote: »

Going4TheDream very true in the south - using Graham's original of 14k, they'd have a chance to buy something in Merseyside??

I am not sure about Mersyside, buut here are a few pads by the sea, top quality fish n chips as well, the HPC dream LTV 1:1 on minimum wage

http://www.rightmove.co.uk/property-for-sale/Grimsby.html?sortByPriceDescending=false&index=20

Jimmy_31

Brallaqueen wrote: »

Going4TheDream very true in the south - using Graham's original of 14k, they'd have a chance to buy something in Merseyside??

If they could find a decent long term job in merseyside.