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Debate House Prices


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The Rent's Going Up And A Bear In Despair

124

Comments

  • reweird wrote: »
    Seems some of the bears are waking from their slumber:

    The Stig Posted Today, 06:50 PM
    "Unbelievable. £1400p/m!!!! I know the phrase "renting is dead money" is a favourite around here for being shot down in flames (mostly for good reason), but come on, that's a massive amount of money!"

    Pete.hpc Posted Today, 04:36 PM
    "There is a serious point here though about buying, despite the high prices we are facing, you could be making a real dent in a mortgage with 1400 a month, and if you were 5 years down the road at 1400 a month on a mortgage, would you care if you'd overpaid when you take into account the fact you won't be having to deal with cretins like this landlord?"

    Guitarrman Posted Today, 06:31 PM
    "£1400 are you MAD!?"


    1400 a month. £16,800 a year. At 20% tax and 11% NI £24k of your pre-tax earnings is going to cover that. They must be earning some wedge between them to pay that and cover everything else like commuting, council tax, food etc. And all to live in a 2-bed ex-council house.

    They need to MAFLATSE

    Move Away From London And The South East
  • Pobby
    Pobby Posts: 5,438 Forumite
    lol spot the renter :)

    Had my own place since 1974. Oh and I forgot about certain posters making wild assumptions.
    :rotfl:
  • Pobby wrote: »
    Had my own place since 1974. Oh and I forgot about certain posters making wild assumptions.
    :rotfl:

    I see he's another one who's been obsessed with HPC for as long as he's been posting here. Along with Dribley, Pimp etc.

    https://forums.moneysavingexpert.com/discussion/74644

    Pity they're to dim to find another hobby :rotfl:
  • IronWolf
    IronWolf Posts: 6,445 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    1400 a month. £16,800 a year. At 20% tax and 11% NI £24k of your pre-tax earnings is going to cover that. They must be earning some wedge between them to pay that and cover everything else like commuting, council tax, food etc. And all to live in a 2-bed ex-council house.

    They need to MAFLATSE

    Move Away From London And The South East

    Probably more like 40% tax, us London dwellers don't pay 20% tax rates :cool:
    Faith, hope, charity, these three; but the greatest of these is charity.
  • Pobby
    Pobby Posts: 5,438 Forumite
    I see he's another one who's been obsessed with HPC for as long as he's been posting here. Along with Dribley, Pimp etc.

    https://forums.moneysavingexpert.com/discussion/74644

    Pity they're to dim to find another hobby :rotfl:

    Oh, tragic really.
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    I see he's another one who's been obsessed with HPC for as long as he's been posting here. Along with Dribley, Pimp etc.

    https://forums.moneysavingexpert.com/discussion/74644

    Pity they're to dim to find another hobby :rotfl:

    Oh dear. If you are going to accuse people of being "too dim" you should at least try and get the speling corekt.
  • Jimmy_31
    Jimmy_31 Posts: 2,170 Forumite
    reweird wrote: »
    Well I run a tight ship, everything above board.

    So does the landlord i am referring to.

    Hes just too scared to start any proceedings against one of his tenants to evict them.
  • Pimperne1
    Pimperne1 Posts: 2,177 Forumite
    Jimmy_31 wrote: »
    So does the landlord i am referring to.

    Hes just too scared to start any proceedings against one of his tenants to evict them.

    You paint a lovely picture of your area.
  • reweird
    reweird Posts: 281 Forumite
    Jimmy_31 wrote: »
    So does the landlord i am referring to.

    Hes just too scared to start any proceedings against one of his tenants to evict them.

    Sounds like he was more than likely previously a man-baby who stayed at him till his 30's but was fortunate enough to fall into BTL through inheritance.
  • IronWolf wrote: »
    Probably more like 40% tax, us London dwellers don't pay 20% tax rates :cool:


    Interesting.

    What rate are you paying for earnings between circa £7.5k and £40k?
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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