Those born after 1979 could be stuck being a lifelong renter

CRASH_BANG_WALLOP

JIMMY_THE_MUMMIES_BOY wrote: »

Home ownership is not for everyone. Not everyone is cut out to save, purchase, and fund housing. It's more social class than anything. Always has been, always will be, always should be. So some are priced out or refuse to buy. Let them pay off their landlords mortgage for him. It's no great shakes really.

i see that dude ree is at it again

MrRee_2

asturdy2 wrote: »

Do you think so ? well i have over 50% equity in my property so im not doin too bad.

I meant that you are too late if hoping for further falls - the corner was turned in 2009 - house prices have increased since then.

Of course, yours has too - just the gap is getting larger, not smaller - between the rungs.

asturdy2

MrRee wrote: »

I meant that you are too late if hoping for further falls - the corner was turned in 2009 - house prices have increased since then.

Of course, yours has too - just the gap is getting larger, not smaller - between the rungs.

I don't think there will be a massive crash but prices will continue to gently fall. I think people need to get used to the fact that the mortgage market went crazy in the early 2000's and something like what is happening now will be more like the norm.

If mortgages are harder to come by then prices will fall.

MrRee_2

Not sure where you are based ..... but, here on the South Coast, property prices are 20% higher than 2009 - that's actual selling prices too!

Not many coming to market, not many getting sold therefore and high prices been achieved ... I'm witnessing a lot of 'testing the market' going on. Shockingly, they are selling at those testing prices!

asturdy2

MrRee wrote: »

Not sure where you are based ..... but, here on the South Coast, property prices are 20% higher than 2009 - that's actual selling prices too!

Not many coming to market, not many getting sold therefore and high prices been achieved ... I'm witnessing a lot of 'testing the market' going on. Shockingly, they are selling at those testing prices!

in the north west, not much activity, the only ones selling are reasonably priced, in immaculate showhouse condition and with 5% min difference between asking and selling price.

ukcarper

homelessskilledworker wrote: »

Why do the property bulls on this board post in this moronic way.


The majority of them are forever attacking the person rather than the argument.

This stuff is so childish. Nearly everything I post on this board(and all my O/P withot a doubt) are on the subject of what we are supposed to be debating and never the person.

do you mean bulls or bull

[Deleted User]

If you were born in 1979/1980, you also have the added bonus of being in the first year that university fees kicked in!

As a child of 1980, i must have missed this misfortune; but i did have the sensibility to save quite a lot in my first job and before i met my missus