Nobody is priced out..

IveSeenTheLight

Graham_Devon wrote: »

Blimey - you really researched all that!? 137 threads and still couldn't provide me with a HPI cheerleader taking kids into account when saying houses are affordable!?

All the calculations come from the basis of 2 people working full time. That was my point. My point wasn't how much better our kids are compared to third world countries, and I'm baffled as to how you think your quote was in any way relevant.

All you have done is listed some posts talking about kids. I don't want to get into a discussion whereby you simply end up claiming I'm muddling the conversation - as I'm not. The point was very simple. All those who suggest that housing is affordable do not take into account kids and always start from the very best basis.

Again you prove my point about not acknowledging posts that are not to your liking.

I linked the following post which if you read the thread the poster managed to buy in Nottingham saving up for a deposit over 5 years with kids.
http://forums.moneysavingexpert.com/showpost.php?p=54600659&postcount=97

You are now straying from the points being discussed where we were discussing saving and buying a house in preparation for having kids.

This is from Lagoons point of view as they do not have kids yet.

anyway, your now aptly identifying you are muddling as a way of deflecting that your are muddling.

the evolution of GD is amazing

IveSeenTheLight

ringo_24601 wrote: »

This 'moving to different cities' just managed in myself and my brother getting bullied because of our 'funny' accents

Can I ask how old are you?

Kids can be cruel and if it isn;t your accent it would be because your ginger or wear glasses or don;t have the latest trends etc.

I recall a guy join my school from South Africa and people were fascinated with his accent and experiences in life.

ringo_24601 wrote: »

But.. if you move, you can't live with your parents, so you get to pay someone rent.. it's a big vicious circle. I'd have bought a house much quicker if i hadn't had to move 200 miles for my first full-time job

Hopefully, if you move it's because of better prospects and income potential

[Deleted User]

IveSeenTheLight wrote: »

Can I ask how old are you?

Kids can be cruel and if it isn;t your accent it would be because your ginger or wear glasses or don;t have the latest trends etc.

I recall a guy join my school from South Africa and people were fascinated with his accent and experiences in life.



Hopefully, if you move it's because of better prospects and income potential

Sure, i'm 33 now; i moved when i was 7, then back to my old town at 12. I managed to get bullied in Nottingham for having a northern accent.. lost it over a few years, then got picked on in Manchester for having a 'posh' accent. Plus, my mum only bought me rubbish trainers.. but i guess I didn't know how high interest rates were in the early 90s! If anything, i learned the best thing to do with a group of bullies is find the smallest and punch them in the face to show you've got some guts.

I had to move 200 miles; because I had trained in a niche sector of science with few available jobs. The pay wasn't very high (i'd applied for one job at £15k, another at £18k). The move was more about prospects than money.

Nada666

CKhalvashi wrote: »

Find me a job where I could easily save £20k in 1-2 years, and live at the same time, whilst renting, and I'm sure they'll bite your arm off.

Any job that pays £17 K or more. Even less if you are a couple. The OP is correct. Very, very few people are priced out of the market.

Nada666

Going4TheDream wrote: »

Yes and then back in the real world where people are paying £800 (or more) a month rent as they cant live with their parents, perhaps don't take home anywhere near £3 between them.........

Changes things slightly

It does not cost £800 per month to rent a room in cities where whole flats cost £120K.

Lagoon

Mr._Pricklepants wrote: »

From the job advert posted, I assume Lagoon is in the North West.
Average house price in the NorthWest is 105K.
We already learned that monthly mortgage payments won't be a problem, and the deposit is the only hurdle.

From another thread, it seems that Lagoon and OH need a 8-10K deposit.



So let's ignore for a second all this talk about moving, doing masses of overtimes or getting another degree.
We're talking 8-10K here.
Both being on an 'average' salary, would it be that hard to save 400 quid a month for 2 years? Really??

As I said earlier in this thread we could (just about) save £8k in two years, but that assumes that everything goes to plan, the car doesn't break down, nothing in the house needs replacing...all these things add up. This is at our current standard on living, with a house that we're comfortable with, in a decent neighbourhood, with a meal out once a month, no holidays, very limited 'treat' spending but a (relatively, compared to others on MSE) substantial grocery bill which for health reasons I'm not happy to cut down.

I'm willing to save for two years, but not for longer.

The average cost of a house in the area I live in (according to Zoopla stats) is around £150,000. When we looked into the Help to Buy scheme, the cheapest suitable house was £158,000 which would allow us to use the scheme and an £8,000 deposit to purchase.

Nada666

Graham_Devon wrote: »

Children are always overlooked on this forum.

Truth is, with some leaving uni in their twenties, babies are coming soon after.

The house is problematic, and you lay this out very well.

On this forum especially, figures are always based on a couple earning above average wage, with no children and no living costs. Of course, that creates the situation many want to see.

Fancy having to use contraception for a year or two and delaying having a baby until you're in your mid-twenties. What an outrageous burden.

[Deleted User]

Ok, so £10k in 2 years is £417 a month. £17k a year is £1,198 a month after tax. I guess it's possible to live on £791 a month if you if you're not paying more than £585 in bills & rent. It'd be pretty brutal living on the 'absolute minimum' for 2 years though.

You'd only end up with enough to buy a house though - not any money for a solicitor or any furniture ect

IveSeenTheLight

Nada666 wrote: »

It does not cost £800 per month to rent a room in cities where whole flats cost £120K.

Here's a 2 bed flat in a city centre for £102k
http://www-q.aspc.co.uk/cgi-bin/public/LiveProperty/307712?ID=FAPOJLFL#picture


Here's a rental nearby for £825
http://www-q.aspc.co.uk/cgi-bin/public/LiveProperty/307572?ID=FAPOJLFL#picture

Here's one under offer
http://www-q.aspc.co.uk/cgi-bin/public/LiveProperty/306909?ID=FAPOJLFL#picture

Some areas have a strong rental market.

Percy1983

I will say for us it was.

- Home Ownership
- Wedding
- Children

2 down, 1 to go.

With that I want to sort the garden and replace the bathroom first.

Will be 30 in august!!!!