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Debate House Prices


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Mortgage help will release a surge of pent up demand.....

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Comments

  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    coastline wrote: »
    a couple x 2 on that could buy in the North...providing they had a deposit or it went back to say 5%...just a starter.
    most of my elderly relatives didnt earn much but did a similar thing...but its hard these days.

    In the North the figure is about £12k.
  • John_Pierpoint
    John_Pierpoint Posts: 8,401 Forumite
    Part of the Furniture 1,000 Posts
    "Dinky's" can afford mortgages BUT then they cannot afford the "rugrats" part if the dream. He government is doing its best to up the numbers and so reduce the charges of child minders.
    Socially we will not know for 30 years whether nursery raised single kids, realise their potential as well an ones with a parent and siblings on hand - time will tell.
  • 5-6X salary is bs l'm a ftb and the most they would go on me is 4 x my salary even so that said they want a min 851.00 per month if l go over 31 yrs or 940.00 a month over 25 yrs, house prices have to fall, but its the sellers dictating to the estate agents what they want, they are being unrealistic for whatever reason, l for one will only offer what l consider a house to be worth, ie l viewed a house the other day priced 190k and offered 170k max and the estate agent siad they wouldnt even consider putting that offer forward !!!!!!

    oh well l just keep saving and looking and when it does come down l'll be in a better position lol
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Build more houses and make them cheaper.
    Don't worry the Conservative/Lib Dem government will take care of that. They will look after the people... No wait...
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    "Dinky's" can afford mortgages

    They certainly can.
    BUT then they cannot afford the "rugrats" part if the dream. .

    Many don't want them.
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • John_Pierpoint
    John_Pierpoint Posts: 8,401 Forumite
    Part of the Furniture 1,000 Posts
    Is there a Lady-Hamish to confirm that opinion ?
    [Not to mention a grandmother-in-waiting-Hamish?]

    In London & the Home Counties a phenomena of the two child family with the kids 5 years apart has been observed - the crippling mortgage, coupled with the crippling child care costs means that the second child has to wait for the first borne to be getting tax payer funded child care.
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Is there a Lady-Hamish to confirm that opinion ?
    .

    :rotfl:

    She likes kids......




















    ......for about 30 seconds until she can hand them back. :)
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
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