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Panorama tonight: The Great House Price Bubble?
Comments
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x years ago when I was a kid, both my parents worked in order to afford our house. Today, I work and my wife is a SAHM and we afford the mortgage. Go figure.
Are you average or normal.?
x years ago my parents, parents in law, their relatives and friends predominately did it on one main average or below wage.
These days people on average wages don't seem to be able to afford it on single income."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Loughton_Monkey wrote: »Britain needs people like Rigsby!
My burning question, though, concerns "The Major" and "The two old ladies" staying at Fawlty Towers. Were they on 'bed & breakfast' secondment from the local authority housing department?
I think we should be told.
Don't some people cruise permanently these days?
Probably cheaper than a residential home if you haven't totally lost it."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
When I said I had 2 jobs it was not a bad task at all. Job I loved in the day but 2 gigs in a band a week certainly boiosted the incomed and of course was fun.And probably illegal.
I hope that you declared that cash income for tax purposes.
Thanks PobbyAberdeenangarse wrote: »I'm sure he did.0 -
grizzly1911 wrote: »Are you average or normal.?
x years ago my parents, parents in law, their relatives and friends predominately did it on one main average or below wage.
These days people on average wages don't seem to be able to afford it on single income.
Are we basing your example in the Southeast or where I live in the Northwest?
Here's a nice 3 bed family home in Oldham near me: http://www.rightmove.co.uk/property-for-sale/property-35091169.html
£84,950. Is that a mortgage that 2 people have to 'slave' to afford?0 -
Are we basing your example in the Southeast or where I live in the Northwest?
Here's a nice 3 bed family home in Oldham near me: http://www.rightmove.co.uk/property-for-sale/property-35091169.html
£84,950. Is that a mortgage that 2 people have to 'slave' to afford?
Midlands predominately.
Predominately new build, owner occupied prime residential.
Depends if they can get a job, what rate it pays, I suppose and whether they would want to live in Oldham.
Many on these boards, not just this forum and the press seem to suggest that affordability is an issue and the ability to save a decent deposit."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
grizzly1911 wrote: »Midlands predominately.
Predominately new build, owner occupied prime residential.
Depends if they can get a job, what rate it pays, I suppose and whether they would want to live in Oldham.
Many on these boards, not just this forum and the press seem to suggest that affordability is an issue and the ability to save a decent deposit.
Affordability isn't the same as cost. Deposits have become more onerous due to the banks changing lending restrictions, hence the government's Help to Buy scheme. You seem to be distancing yourself from your previous stance of house costs being the main issue and now it's affordability. As I said before, your arguments are all over the place primarily because you're desperate to argue rather than actually believing what you're arguing about. No integrity.
Incidentally, here is a 3 bed house for £65k in Midlands:
http://www.rightmove.co.uk/property-for-sale/property-40826599.html?premiumA=true
Again, no slavery required.
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Thrugelmir wrote: »Doubt that the GMB union have much expertise in water management.
Where do suggest that Thames Water builds a reservoir in the South Of England ? I'd be interested to know.
Well, they had propsed Clay Hill, but it didn't seem a very good choice to me at the time. Quite a shallow valley, and certainly not enough rainfall to fill it. They would have had to take water from the river Ouse.
Probably the Abington Reservoir in Oxfordshire will have to go ahead, despite the government not wanting it. I can understand the government's reluctance though, because so much water is wasted due to leakage in the system. One thing for sure, one way or the other they will have to have new storage capacity or fix the leaks or both, because at the rate the South East's population is growing, water shortages could become the norm rather than the exception.
I thought this was an interesting, not to mention alarming (because Loch Ness doesn't look that big to me - I was up that way recently) claim from the following article:http://www.bbc.co.uk/news/magazine-17600062
..."If you take every reservoir and every lake in the whole of England and Wales, all of the Lake District, and so on, and start pouring that into Loch Ness in Scotland, you'll only fill half of Loch Ness,"...
How to know the truth of such claims, but if that were the case, then leaks aside, especially as many of the leaks occur between the mains and the customers' properties (so outside the control of places like Thames Water) it does suggest that storage capacity in England is way too low to guarantee meeting current demand under drought conditions, let alone future demand.
On a brighter note, one can always dump the South East and mover to nicer parts of England, like Cornwall, Northumbria or Cumbria. At least one could collect rainwater in those places. Well, maybe not Northumberland, which is quite dry, but they do have a reasonable sized reservoir.0 -
I thought this was an interesting, not to mention alarming (because Loch Ness doesn't look that big to me - I was up that way recently) claim from the following article:http://www.bbc.co.uk/news/magazine-17600062
..."If you take every reservoir and every lake in the whole of England and Wales, all of the Lake District, and so on, and start pouring that into Loch Ness in Scotland, you'll only fill half of Loch Ness,"...
No... but it's deep, very very deep.
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Affordability isn't the same as cost. Deposits have become more onerous due to the banks changing lending restrictions, hence the government's Help to Buy scheme. You seem to be distancing yourself from your previous stance of house costs being the main issue and now it's affordability. As I said before, your arguments are all over the place primarily because you're desperate to argue rather than actually believing what you're arguing about. No integrity.
Incidentally, here is a 3 bed house for £65k in Midlands:
http://www.rightmove.co.uk/property-for-sale/property-40826599.html?premiumA=true
Again, no slavery required.
For the sake of clarity my posts are here:-
People often did it on one relatively small wage. Just shows how we have progressed - not.
I was not referring to pobby.
It wasn't easy but expectations were different. There was less to want.
It was still a massive sacrifice but there was less baggage carried.
It has never been easy.
In the past it could be achieved by people on modest single income with perhaps a second limited part time wage.
Two good full time wages have become necessary. What happens next?
It is up to you how you want to interpret it.
x years ago one person could slave away to buy a property.
Today one person slaving away isn't enough it requires two people.
It is hard for both of them.
Is all of that simply down to supply and demand or other factors at play?
Are you average or normal.?
x years ago my parents, parents in law, their relatives and friends predominately did it on one main average or below wage.
These days people on average wages don't seem to be able to afford it on single income.
Midlands predominately.
Predominately new build, owner occupied prime residential.
Depends if they can get a job, what rate it pays, I suppose and whether they would want to live in Oldham.
Many on these boards, not just this forum and the press seem to suggest that affordability is an issue and the ability to save a decent deposit.
Can't see any reference to cost.
Are you now saying cost isn't a problem and it is really easy to get a house now?
Your choice of housing goes from bad to worse. I have and still do drive down that road occasionally, Oldham look like utopia.
No doubt the people I mentioned could have brought something similar 40/50 years ago. Probably something with an outside loo and torn newspaper on a hook."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Man about the house was good. IIRC, Mr & Mrs Roper rented the upstairs of their house to a bloke and 2 girls?
Exactly, it was probably more standard then to let out rooms in your house than it is nowadays.
That seems to be conveniently forgotten.
anyway, interestingly, the story line for Man about the house was: -An unscrupulous property developer wants to flatten the street to make way for new buildings.Householder George Roper is happy to take the offered money and run but his wife Mildred and their lodgers join with other residents to take a stand and keep things as they are, finally winning the day.
Could this be re-written today?
:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0
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