The First Time Buyer - How do they have it really?

Jack_Johnson_the_acorn

ringo_24601 wrote: »

And if someone can't afford to buy a home they should delay starting a family? Oh dear, and what if there is a mistake, should they get an abortion because they haven't got a mortgage yet?

As a side note, there is no excuse for getting pregnant accidently in the modern world..... with so many contraceptive measures available its absolutely morally reprehensible to bring an unwanted life into the world.... even more so if you think you deserve state handouts to survive...

OffGridLiving

Graham_Devon wrote: »

So no debt to speak of after 5 years at uni and 4 years in a very low paid trainee course? Also free board and rent at home enabling you to save your entire income?

I'd suggest your example isn't the norm, rather an extreme.

Why did you 'quote' the guys post, then delete the part of it that said:

"I was renting a one bed flat (That wasn't in great condition) and didn't spend money on rubbish - i found saving to be addictive"

And then have a go at him with your remark "Also free board and rent at home enabling you to save your entire income? "

Desperate muddling going on here Graham, even by your own shoddy standards!

Jack_Johnson_the_acorn

OffGridLiving wrote: »

Why did you 'quote' the guys post, then delete the part of it that said:

"I was renting a one bed flat (That wasn't in great condition) and didn't spend money on rubbish - i found saving to be addictive"

And then have a go at him with your remark "Also free board and rent at home enabling you to save your entire income? "

Desperate muddling going on here Graham, even by your own shoddy standards!

I do believe his name is Mr Muddle

OffGridLiving

Jack_Johnson_the_acorn wrote: »

I do believe his name is Mr Muddle

You can see why. He also started going on about the poster having "no student debt to speak of", even though the guy never even mentioned his debts. No wonder GD thinks the 'example' is extreme. It is once GD has finished editing/cutting the quoted posts and muddled it all up!

thedalmeny

chewmylegoff wrote: »

Well, your conclusion from the data was that it is a myth that there is any economic benefit to working in London which is a pretty dense conclusion if you ask me. I have explained why I think that the data doesn't show that and why it is skewed compared to other areas. If you really care about sources for the numbers (e.g. Owner occupier % or housing benefit claimants) then google is your friend but I expect that you aren't bothered since you seem determined to conclude that some high level averaged data which is clearly not actually relevant to the question of affordability proves your simplistic conclusion.

The data suggests otherwise, particular when looking at the average earnings for the region compared to the region average rent.

As i said, please feel free to present reputable findings to suggestion otherwise. I'd quite happily adjust any analysis based on some solid statistical information which is relevant to this particular subject.

Otherwise you're another rather dull individual who reads an article in a newspaper and regurgitates some inane fact that really is the result of somebody putting their finger in the air and guessing which way the wind is blowing, makes fine diner table conversation but really is of little substance.

Graham_Devon

OffGridLiving wrote: »

Why did you 'quote' the guys post, then delete the part of it that said:

"I was renting a one bed flat (That wasn't in great condition) and didn't spend money on rubbish - i found saving to be addictive"

And then have a go at him with your remark "Also free board and rent at home enabling you to save your entire income? "

Desperate muddling going on here Graham, even by your own shoddy standards!

They stated they moved back home....

What am I muddling? Stop being so overtly desperate all the time. Only makes you look incredibly silly.

I got a job near my hometown in 2011 and moved back home while looking for somewhere to buy. It took me almost a year to find a house and complete (6 months from offer to completion) and it was dutring this time that I was able to save almost all my earnings and up the deposit from 10% to 15%.

chewmylegoff

thedalmeny wrote: »

The data suggests otherwise, particular when looking at the average earnings for the region compared to the region average rent.

As i said, please feel free to present reputable findings to suggestion otherwise. I'd quite happily adjust any analysis based on some solid statistical information which is relevant to this particular subject.

Otherwise you're another rather dull individual who reads an article in a newspaper and regurgitates some inane fact that really is the result of somebody putting their finger in the air and guessing which way the wind is blowing, makes fine diner table conversation but really is of little substance.

Thanks for your pathetic little personal attacks I enjoyed them greatly.

I don't really need a reputable source to demonstrate that the data isn't particularly relevant as the point is one of geography. Essentially you are comparing regional data to data for a city without its outer suburbs where a lot if the rich people who work in the city live and concluding it is not worth getting a job in the city as it won't be economically beneficial to do so. If you combined the data for London and the South East and averaged the lot (as large numbers of SE residents actually work within the boundary of London) then that would probably be a lot more meaningful.

Happy for you to ignore this if you like, you can keep insulting me too as that demonstrates you are unable to actually rebutt the point and need to resort to calling me stupid in order to make up for your own simplistic inadequacy.

OffGridLiving

Graham_Devon wrote: »

What am I muddling?

If you're quoting someone in order to undermine their argument, then at least quote their full argument, not just the bits you feel will help your own.

You also invent statements that aren't there - such as the zero rent at parent's house and information about student debts.

That's what you're muddling.

Graham_Devon

OffGridLiving wrote: »

If you're quoting someone in order to undermine their argument, then at least quote their full argument, not just the bits you feel will help your own.

You also invent statements that aren't there - such as the zero rent at parent's house and information about student debts.

That's what you're muddling.

How do they save almost all their earnings if they are paying rent?

Put the spade down!

dryhat

It's so much harder for FTbs today than it was 10, 20, 30, 40 years ago.

This is 100% guaranteed fact.