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Debate House Prices
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Action on Rabbit Hutches?
Comments
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Two thirds decrease eh?
Well, personally I don't see why people insist on sleeping flat. Use straps and incline at 45 degrees and we gain instant space. Better still, build more houses on steep hills. Who needs a level house anyway?0 -
Graham_Devon wrote: »I'd be happy with it too.
Though I wouldn't be happy with the price for it. It's £300,000. And for that you struggle to fully open doors?
It comes back to value for money again. While the room is functional, it's not something I would be enthrawled handing over that kind of money for.
Your average worker would have to work a quarter of their working life to earn £300,000 and we haven't even considered interest payments. For me, personally, that's the issue. Not the size of the room per-se, but the cost of it.
I also think it's expensive and older properties are cheaper but it is in a good town with good transport links to London.0 -
No one is forced to buy these "rabbit hutches" however they're marketed.
If a 2/3 bed family 'rabbit hutch' home is too small, go an buy a larger 2/3 family home.
I'd like a bigger and better car but I don't want to spend that much on it. People need to learn to cut their cloth to what they can afford...
The problem is that currently these Rabbit Hutches are being pushed and encouraged by the Government (ie New), so those who want to buy have little option (at present)...0 -
Graham_Devon wrote: »I'd be happy with it too.
Though I wouldn't be happy with the price for it. It's £300,000. And for that you struggle to fully open doors?
It comes back to value for money again. While the room is functional, it's not something I would be enthrawled handing over that kind of money for.
Your average worker would have to work a quarter of their working life to earn £300,000 and we haven't even considered interest payments. For me, personally, that's the issue. Not the size of the room per-se, but the cost of it.
one would suppose that 25% of one'e income over one's working life is equivalent to 1/4 of one's working life's earning;
this seems completely reasonable for a house0 -
one would suppose that 25% of one'e income over one's working life is equivalent to 1/4 of one's working life's earning;
this seems completely reasonable for a house
Taking VI's aside, I just cannot figure out why any ordinary person would think high house prices are a good thing, whether it be personally or for the economy.0 -
Reasonable?! what average worker gets £1,200,000 "net" income in their working life? And that £300,000 is just the cost of the house without other costs added on top, then you have interest payments (which can only go up).
Taking VI's aside, I just cannot figure out why any ordinary person would think high house prices are a good thing, whether it be personally or for the economy.
off topic now but for fun's sake one can say that every ordinary worker starting out today will easily reach 1,200,000 in their working life due to the effects of inflation.0 -
one would suppose that 25% of one'e income over one's working life is equivalent to 1/4 of one's working life's earning;
this seems completely reasonable for a house
I can't say I'm surprised by your conclusion to be honest.
Though I have to say, I cannot agree. To many other things to find money for, such as pensions, kids, food etc.0 -
Far more value / space in an older property.
Many fail to see this and want the finished article rabbit hutch,plasterboard walls,that shiny kitchen / bathroom..
Heaven forbid buying somewhere that requires updating to personal taste,yet is fully functional in its current state.Official MR B fan club,dont go............................0 -
Graham_Devon wrote: »I can't say I'm surprised by your conclusion to be honest.
Though I have to say, I cannot agree. To many other things to find money for, such as pensions, kids, food etc.
I'd be interested to see what breakdown you thought was acceptable?0 -
Far more value / space in an older property.
Many fail to see this and want the finished article rabbit hutch,plasterboard walls,that shiny kitchen / bathroom..
Heaven forbid buying somewhere that requires updating to personal taste,yet is fully functional in its current state.
I agree that new property seems pretty bad value but I don't agree that old houses always have more space.0
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