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Debate House Prices
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House prices surge......
Comments
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Maybe I'm just lucky or something, but £60,000 where I work is a pretty poor wage in all honesty.
People sitting not 10 foot away from me are on £1,500 a day ... that isn't regarded in any great way here.
Clearly, I am talking about the South - NOT London either! Average wages there are much higher than £60,000.
Sorry if I have read the situation wrong here, but I can only report from my viewpoint - whether you like it or not, it is a viewpoint which may add value.
I am aware of contract wages, which account for day rates, however I still fail to believe that the AVERAGE wage in the whole of the South (big region) is £60k. There are obviously industry standards in certain industry areas where those type of wages are obtainable and there are certain regions where wages/salaries are higher but I fail to believe that it is indicative of the WHOLE of the South.
If this was the case then the poor kids who cannot get on the ladder would easily be able to afford those £300k flats and saving for a deposit wouldnt be such a hardship. We wouldnt hear about HB costs rising for London as people do not earn enough.
Unless I am being really thick and I doubt it you are saying that all the call centre people, shop workers and cleaners, teachers, nurses, etc etc are all earning that kind of money then, if not then I think you are talking about pockets of areas within the South and not the South as a whole?
And that makes a Big difference?Dont wait for your boat to come in 'Swim out and meet the bloody thing'
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Did you just call your own wife a dirty slapper:)
I apologise if you have recently had your wife repossessed and are now at the stage of hating her guts.
No Jimmy, its just that he mentioned he thought you lived in a cellar and she mistook that for a dungeon and got the wrong idea....
either that or she fancies a 'bit of rough'? (as he has no doubt made you out to be rather working class and the rough and ready type) Dont wait for your boat to come in 'Swim out and meet the bloody thing'0 -
Going4TheDream wrote: »No Jimmy, its just that he mentioned he thought you lived in a cellar and she mistook that for a dungeon and got the wrong idea....
either that or she fancies a 'bit of rough'? (as he has no doubt made you out to be rather working class and the rough and ready type)
Ahhh, i get it now.
Shes bored with him and the only way he can keep hold of her is to let her do what she wants (or who she wants).
So she gets the best of both worlds, plenty of cash, big fantastic gaf, yachts and also gets dropped off to meet her fancy man in an aston martin.
A mans gotta do what a mans gotta do:rotfl:
Rough and ready, i like that. i think ill put that into my online dating profile. :rotfl:0 -
Going4TheDream wrote: »Unless I am being really thick and I doubt it you are saying that all the call centre people, shop workers and cleaners, teachers, nurses, etc etc are all earning that kind of money then, if not then I think you are talking about pockets of areas within the South and not the South as a whole?
You miss the point ...... I said AVERAGE wage!!
That means that you take a Teacher, average wage £35,000 and the average in my area of business of £125,000 (I know both areas very well, that's why I have chosen those).
A quick maths calc. will give you £125,000 plus £35,000 = £160,000 divide that by two and you have £80,000 as an average of those two professions.
I know £80,000 isn't the £60,000 I suggested - but you get the idea.
Factoring in the Call Centre workers on £30,000 and the Bankers, StockBrokers, Doctors and Dentists on £350,000 each (average) will give you close to £60,000.Bringing Happiness where there is Gloom!0 -
You miss the point ...... I said AVERAGE wage!!
That means that you take a Teacher, average wage £35,000 and the average in my area of business of £125,000 (I know both areas very well, that's why I have chosen those).
A quick maths calc. will give you £125,000 plus £35,000 = £160,000 divide that by two and you have £80,000 as an average of those two professions.
I know £80,000 isn't the £60,000 I suggested - but you get the idea.
Factoring in the Call Centre workers on £30,000 and the Bankers, StockBrokers, Doctors and Dentists on £350,000 each (average) will give you close to £60,000.
You could have said other areas of business.
You chose to say your area of business.
Why is that ?
Im leaning towards the 125k a year bit;)0 -
You miss the point ...... I said AVERAGE wage!!
That means that you take a Teacher, average wage £35,000 and the average in my area of business of £125,000 (I know both areas very well, that's why I have chosen those).
A quick maths calc. will give you £125,000 plus £35,000 = £160,000 divide that by two and you have £80,000 as an average of those two professions.
I know £80,000 isn't the £60,000 I suggested - but you get the idea.
Factoring in the Call Centre workers on £30,000 and the Bankers, StockBrokers, Doctors and Dentists on £350,000 each (average) will give you close to £60,000.
Yes I get that! But I think the word average is skewed for exactly that reason..... I feel that there are far more people earning a heck of lot less than the £60k average than there are people earning more than the £60k average..... if that makes sense!Dont wait for your boat to come in 'Swim out and meet the bloody thing'0 -
You could have said other areas of business.
You chose to say your area of business.
Why is that ?
Im leaning towards the 125k a year bit;)
What part of "I know both areas very well, that's why I have chosen these" don't you understand? .... keep up at the back there!Bringing Happiness where there is Gloom!0 -
Going4TheDream wrote: »Yes I get that! But I think the word average is skewed for exactly that reason..... I feel that there are far more people earning a heck of lot less than the £60k average than there are people earning more than the £60k average..... if that makes sense!
Yes, I see your reasoning and understand your point. but it doesn't quite work as you suggest.
The reason being that Doctors, Dentists, Bankers, Stockbrokers, etc. are small in number but paid hugely over the £60,000 average figure - maybe £250,000 over ...... hec, even the HeadTeacher of your local school is on around £125,000!
Yet those earning less than £60,000 - although more in number, are maybe earning just £25,000 less.
That's a factor of 10 in cash, what may be the factor in personnel?
And why £60,000 average wage in the South is perfectly reasonable.
You mention 1st time buyers and why they cannot buy. OK, let's take two Teachers on £35,000 each (very common today) - husband and wife .... that's £70,000 joint income, at 3x joint gives them a £210,000 Mortgage. A 2 Bedroom terrace house here costs £200,000 - so, they can afford that ..... but, would go for a 3 Bedroom Semi at £300,000.Bringing Happiness where there is Gloom!0 -
Ok, let me put it this way.
I live in a fantastic place - but, and this is the part you have failed to cotton onto - I pay NOTHING in Rent or Mortgage payments ... as I own it outright.
You will be paying rent next month, and the month after, and again a month later ....... for the rest of your life.
If your place is fantastic, then it must cost around £3,000 a month (as that is what my place would rent for). That means that, after just 1 year, I am £36,000 better off than a renter like yourself - even taking out £1,000 for maintenance STILL gives me £35,000 in my pocket rather than yours.
After 10 years I am, at least, £350,000 better off than you - yes, that's my Yatch you see sailing around the sea's and my Aston Martin you see parked on my driveway!
That makes me, as you will agree, a far more savvy Money Saving Expert than you.
It is simple to understand, surely? Now who looks the knob?
IT`S YOU THAT SOUNDS LIKE A RIGHT KNOB.
The people I know who have lots of money, property etc are the ones that drive a battered old car or van.0 -
IT`S YOU THAT SOUNDS LIKE A RIGHT KNOB.
The people I know you have lots of money, property etc are the ones that drive a battered old car or van.
When I metioned the Aston and Yatch it was as an example of what could be bought with the £350,000 the buyer is ahead of the renter after 10 years of no mortgage on a house which the renter is renting for £3,000 a month ........ which will be a fair property.
Most people with two brain cells to rub together didn't read my post as. "I have a Yatch and Aston Martin" jeeeeeeezzzzz.Bringing Happiness where there is Gloom!0
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