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!

Indy: Economic circumstance is forcing grown adults to live like juveniles

2456712

Comments

  • FTBFun
    FTBFun Posts: 4,273 Forumite
    Have you looked at property prices in London recently? And compared them to average salaries? Not every 'professional' is a city trader earning £200k a year + bonus. And please don't fob me off with the commuting argument - what you save in house price you lose in skyrocketing train fares.

    My wife and I could only afford to buy a house because my parents and my partner's parents gave us £110k to help us out. Many are not so lucky.

    !!!!!!??? I bought my first place (a 1 bed flat admittedly) with a £27k deposit, and my next one will be £50k equity + money. What on earth did you buy?
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    You're entitled to your opinions.

    Your opinions are going to reach a lot less people than her's though.

    :)

    Err, it's the Indie.......
  • A._Badger
    A._Badger Posts: 5,881 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    FTBFun wrote: »
    Err, it's the Indie.......

    It's the Leftie delusion, FTB - they think the Independent and the Guardian are important becuase everyone else in the staffroom reads them.
  • Andy_L
    Andy_L Posts: 13,068 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Have you looked at property prices in London recently? And compared them to average salaries?

    Why would we compare property prices to average salaries (~£25k IIRC) when talking about 40 year-old professionals who, by definition, should be above the average?
  • antrobus
    antrobus Posts: 17,386 Forumite
    You're entitled to your opinions.

    Your opinions are going to reach a lot less people than her's though.

    :)

    Less people than you think. The Independent's circulation has crashed, down 50%. Now, who's clever idea was it to launch a tabloid version at 20p?
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    As much as the article is using extreme examples it does show the problems many are facing these days.

    The bigger problem is workers are stuck in these situations and holding back on having relationships/children, meanwhile we pay some chavs more money and give them bigger houses just because they manager child number 6 so they can keep the fag money coming in.
    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
  • ILW wrote: »
    Any 40 year old "professional" who cannot afford to buy or rent a flat is not a professional at all.

    There are many jobs that are overseen by a professional body and / or need a university degree.

    Of the ones you presumably don't think 'count', I can name:
    • HR
    • Marketing
    • Journalism
    • Plumbing and heating
    • Building
    • Electrical work
    • LIbraries
    • Hair dressing
    • Teaching
    • Early years care
    • Administration
    • Computing
    • Nursing
    • Psychologist
    • Counsellor
    • Mental health worker
    • Speech therapist

    All of these professions, or whatever you want to call them, are populated by people who had to do some form of higher level study and training to get into them, and most likely have to do ongoing CPD.

    A great many of them are not going to be able to pay the £200 - 300k necessary to get a suitable place to live anywhere near where a job for them may be, nor have much hope of ever doing so.

    I know that to the braying jack-a$$es on this forum they barely count as people, especially if they have the temerity to be younger than 45. But out in the real world there are rather a lot of them and it is considered to be a rather more pressing issue.
  • ILW
    ILW Posts: 18,333 Forumite
    Have you looked at property prices in London recently? And compared them to average salaries? Not every 'professional' is a city trader earning £200k a year + bonus. And please don't fob me off with the commuting argument - what you save in house price you lose in skyrocketing train fares.

    My wife and I could only afford to buy a house because my parents and my partner's parents gave us £110k to help us out. Many are not so lucky.

    You can buy a house within the M25 for less than £200k.
  • ILW
    ILW Posts: 18,333 Forumite
    There are many jobs that are overseen by a professional body and / or need a university degree.

    Of the ones you presumably don't think 'count', I can name:
    • HR
    • Marketing
    • Journalism
    • Plumbing and heating
    • Building
    • Electrical work
    • LIbraries
    • Hair dressing
    • Teaching
    • Early years care
    • Administration
    • Computing
    • Nursing
    • Psychologist
    • Counsellor
    • Mental health worker
    • Speech therapist

    All of these professions, or whatever you want to call them, are populated by people who had to do some form of higher level study and training to get into them, and most likely have to do ongoing CPD.

    A great many of them are not going to be able to pay the £200 - 300k necessary to get a suitable place to live anywhere near where a job for them may be, nor have much hope of ever doing so.

    I know that to the braying jack-a$$es on this forum they barely count as people, especially if they have the temerity to be younger than 45. But out in the real world there are rather a lot of them and it is considered to be a rather more pressing issue.

    I would consider most of the to be trades.
    The term professional is rather overused
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Does the article say "baby boomer"?

    I can only imagine that it does considering the scoffing so far on this thread.
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
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K 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.