Debate House Prices


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People are continuing to pay down their debts

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Comments

  • Thrugelmir wrote: »
    That should make you realise how difficult a job it is, to turn the UK around. Irrespective of government.

    Ultimately it requires a total change of attitude to work, money, employment. Finally expectations of entitlement. That may only come from the next generation. Not those currently intent on protecting their own interests.



    I am absolutely convinced that if the UK can make it possible for a young working man/woman to own a little bit of land with his home sat on it, where his wage will cover his costs rather than forever re mortgaging or taking out endless loans, then a lot of the social ills of this country would be wiped out over night.

    Average priced property for the UK...... £75k
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Think globally. Workers in the industrial areas of China are receiving wage rises of 23%. This only lifts them to a monthly wage of £100 - £120.

    Equalisation is on its way.
  • Fiddlestick
    Fiddlestick Posts: 2,339 Forumite
    MrRee wrote: »
    Are we seeing a change in lifestyle choices?

    For me yes.

    I've not bought a single christmas present on a credit card.
  • Fiddlestick
    Fiddlestick Posts: 2,339 Forumite
    Thrugelmir wrote: »
    Think globally. Workers in the industrial areas of China are receiving wage rises of 23%. This only lifts them to a monthly wage of £100 - £120.

    I'm sure the cost of living in Shenzen is far lower than it is here in Edinburgh mind ;)
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I'm sure the cost of living in Shenzen is far lower than it is here in Edinburgh mind ;)

    So therefore are production costs.

    As a manufacturer where you would build your new facility.

    Over time skills are lost. If there's no passing down of these, then industries die or merely become cottage scale.
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    Average priced property for the UK...... £75k

    That is, amazingly, what it sits at - £75k per person (assuming a couple wants to buy).
    Bringing Happiness where there is Gloom!
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    For me yes.

    I've not bought a single christmas present on a credit card.

    I'm of the older generation ... and I have bought all mine on CC's ... but, being of the older set, that bill will be paid off in full, as always, at the earliest opportunity.
    Bringing Happiness where there is Gloom!
  • ess0two
    ess0two Posts: 3,606 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thrugelmir wrote: »
    So therefore are production costs.

    As a manufacturer where you would build your new facility.

    Over time skills are lost. If there's no passing down of these, then industries die or merely become cottage scale.

    And who buys all this sh1te,us....
    Official MR B fan club,dont go............................
  • Fiddlestick
    Fiddlestick Posts: 2,339 Forumite
    Thrugelmir wrote: »
    So therefore are production costs.

    Labour counts as production costs though.

    I don't think it would cost overly much extra to ship the raw materials to the UK as it would the Philippines or China, but the extra wages that a British worker would want would make the whole thing uneconomical - understandably so from the perspective of the manufacturer.
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I am absolutely convinced that if the UK can make it possible for a young working man/woman to own a little bit of land with his home sat on it, where his wage will cover his costs rather than forever re mortgaging or taking out endless loans, then a lot of the social ills of this country would be wiped out over night.

    Average priced property for the UK...... £75k

    I am absolutely convinced that life just aint fair and we shouldn't have to work for anything.
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