House prices surge......

Going4TheDream

MrRee wrote: »

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.

No, I know I understand it doesn't and I think that is why I hate averages.... it doesnt give a true picture or true reflection. It could well mean 'for example ' that 60% of the people earn only £15/£30k or even less, 20% earn £30/£50k 10% earn the 'average' and the remaining 10% earn twice the average or even more... which means say 80% earn less than the 'average' ...therefore hardly making the average 'average' (if that makes sense!)

But yes I agree about the buying of the bigger house part

Jimmy_31

MrRee wrote: »

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!

Innuendos every time you post something;)

sjaypink

MrRee wrote: »

.....
Factoring in the Call Centre workers on £30,000 .....

Wahahaha! & the shelf stackers at your local Waitrose are on £30k pa too aren't they?!

Now I'm a great lover of the well worn 'average' debates, but really, what a funny thread...
Who is this joker?!

Jimmy_31

MrRee wrote: »

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.

I read it as " I have a yacht and aston martin".

When in fact, you actually written " I have a yatch and an aston martin"

I noticed my mistake when somebody pointed out to you that you had spelt yacht incorrectly and had in fact written yatch.

MrRee_2

Jimmy_31 wrote: »

Innuendos every time you post something;)

A builder with a Dictionary .... excellent! :beer:

Jimmy_31

MrRee wrote: »

A builder with a Dictionary .... excellent! :beer:

I can lend it to you if you like:beer:

MrRee_2

I like your style Jimmy .....

Jimmy_31

MrRee wrote: »

I like your style Jimmy .....

That was not a good enough response for me to not mention the yatch incident you seem to be ignoring.

I bet you have only got a dingy;)

Going4TheDream

sjaypink wrote: »

Wahahaha! & the shelf stackers at your local Waitrose are on £30k pa too aren't they?!

Now I'm a great lover of the well worn 'average' debates, but really, what a funny thread...
Who is this joker?!

I had to admit my eyebrows raised at the £30k call centre salary....especially if it was meant to relate to the actual call handlers, who in most industries are very poorly paid

MrRee_2

Jimmy_31 wrote: »

That was not a good enough response for me to not mention the yatch incident you seem to be ignoring.

I bet you have only got a dingy;)

I have a dinghy ...... it's hanging from the back of my yatch ...... did you notice how I slipped the 'h' in dinghy?