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Debate House Prices


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Yoof struggling - I think not

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Comments

  • Fair enough - I guess what people are saying is you managed to save up 30k effectively in 3 years so if you can do it it's proof others can so houses are not out of reach of people - excluding your debt you save up 9k - 4.5k each - there is nothing special about that so that's proof houses are affordable
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Percy1983 wrote: »
    I do still think property is over priced in an unfair way, on the flip side I could pay it and get on with life or pay it for somebody else.

    I have made the best of a bad situation and feel happy enough with that. :D

    So you have some sympathy for all the boomers who bought in the 70s and 80s when prices were pretty much the same as they are now in relation to wages.
  • Mr._Pricklepants
    Mr._Pricklepants Posts: 1,311 Forumite
    ukcarper wrote: »
    So you have some sympathy for all the boomers who bought in the 70s and 80s when prices were pretty much the same as they are now in relation to wages.

    On top of that, we had to buy a Spectrum ZX or BBC Micro with 16Kbyte memory for around £300-400.
    You can get a nice Intel Core I7 system for that money now.
    It was hard....
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    ukcarper wrote: »
    So you have some sympathy for all the boomers who bought in the 70s and 80s when prices were pretty much the same as they are now in relation to wages.

    I have sympathy for anybody who has be caught with previous peaks. Dare I say my arguement isn't in this case isn't as much about the high price but the attitude that its the lazy 'yoof' which are th problem and not high prices.
    On top of that, we had to buy a Spectrum ZX or BBC Micro with 16Kbyte memory for around £300-400.
    You can get a nice Intel Core I7 system for that money now.
    It was hard....

    Well this goes with what I am saying, where as only a few had a computer then, now the bottom end is much cheaper to which of course more people will have them.
    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
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    On top of that, we had to buy a Spectrum ZX or BBC Micro with 16Kbyte memory for around £300-400.
    You can get a nice Intel Core I7 system for that money now.
    It was hard....

    Unless you were geek not many people brought them though. They weren't the must have for the masses as "equivalents" are today. At that time they wren't being upgraded to ZX1.ZX.2, ZX.3 every 12 months either.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Fair enough - I guess what people are saying is you managed to save up 30k effectively in 3 years so if you can do it it's proof others can so houses are not out of reach of people - excl
    uding your debt you save up 9k - 4.5k
    each - there is nothing special about that so that's proof houses are affordable

    It proves that houses are affordable to me, with that I have a high wage in a cheap area so I am hardly a typical example.
    Unless you were geek not many people brought them though. They weren't the must have for the masses as "equivalents" are today. At that time they wren't being upgraded to ZX1.ZX.2, ZX.3 every 12 months either.

    Interestingly my pc is coming up to an upgrade, it has been its current spec for 3 years, with that its due to my business that it needs upgrading.
    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
  • Define high wage pearcy? I am due a pc upgrade too - had mine 4 years now and it's showing it's age
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Define high wage pearcy? I am due a pc upgrade too - had mine 4 years now and it's showing it's age

    I am not going to give a figure, its higher than average which makes it even higher than the local average + income from my business.

    There is a few good deals on buyer right now if you don't want anything too flash/expensive.
    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
  • ok thank you
  • yertiz_2
    yertiz_2 Posts: 252 Forumite
    Tenth Anniversary Combo Breaker
    Who's 'Pearcy'?
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