We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Youth unemployment and owning a home

1246789

Comments

  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    As it is a hit the quote button and nothing appeared, luckily I pressed back and his post was still there for me to copy. I will just park this here to refer to at a later date.

    "Yes because a couple of sock puppets confirming your not really a big 30 year old mummies boy who squeezed every single last drop of milk from her nipple and last penny from her purse will finally be believable. Next we'll be heating that your an innumerate Accountany with a slim grasp of English, are engaged, and run your own business. Loser."

    I can't be an accountant because of typo's, but he/her/it actually slipped up, I must of really upset him/her/it.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • DaddyBear
    DaddyBear Posts: 1,208 Forumite
    Derivative wrote: »
    Factory workers and shop workers can now afford houses.
    They're just not within commuting distance of London.

    Perhaps look a bit further than your own back garden.

    And a six figure salary for a family house? Come off it. North of England - 3 bed house for ~60k. South East - 3 bed house for ~200k.

    Simple figures that can easily be gotten with a bit of google.

    Maybe I should have been a bit more specific. A family home that's not in the middle of a ghetto.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    DaddyBear wrote: »
    Maybe I should have been a bit more specific. A family home that's not in the middle of a ghetto.

    Like the 3 bed's currently being constructed quite close to me with a starting price of £279k?
  • DaddyBear
    DaddyBear Posts: 1,208 Forumite
    Like the 3 bed's currently being constructed quite close to me with a starting price of £279k?

    That's a bit more realistic. And with today's current lending criteria it would take close to a six figure income to afford it. Some people are really in denial about the current price of houses.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    £279k would get you a 4 bed detached in a nice road where I am 45min by train from London
  • Derivative
    Derivative Posts: 1,698 Forumite
    DaddyBear wrote: »
    Maybe I should have been a bit more specific. A family home that's not in the middle of a ghetto.

    Well, I'd like to live in Kensington and Chelsea. Would be nice.
    Not how the world works.

    Poor people live with poor people. Welcome to capitalism.

    And the homes I mention are hardly in crime ridden neighbourhoods. You must be thinking of London (specifically inner) as usual.
    Said Aristippus, “If you would learn to be subservient to the king you would not have to live on lentils.”
    Said Diogenes, “Learn to live on lentils and you will not have to be subservient to the king.”[FONT=Verdana, Arial, Helvetica][/FONT]
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ukcarper wrote: »
    £279k would get you a 4 bed detached in a nice road where I am 45min by train from London

    The crux of the issue is that not everyone lives where you live.
  • DaddyBear
    DaddyBear Posts: 1,208 Forumite
    Derivative wrote: »
    Well, I'd like to live in Kensington and Chelsea. Would be nice.
    Not how the world works.

    Poor people live with poor people. Welcome to capitalism.

    And the homes I mention are hardly in crime ridden neighbourhoods. You must be thinking of London (specifically inner) as usual.

    Hardly. I dont live in London, never have and never want to. I'm talking about my local area, Bath.
  • The crux of the issue is that not everyone lives where you live.

    I'd love to live in a family home in Alderley Edge, Hale or Prestbury. I can't afford to though because house prices are too high. We should do do something to reduce them. :angry:
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    The crux of the issue is that not everyone lives where you live.

    Not bad 45 minutes from London, I suppose all those Brummies will be able to say that soon :)
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.8K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.