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Debate House Prices
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It's all coming up Roses!
Comments
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briy1234 usually lives on HPC ...... there is blind panic over there, it's a sad sight ..... damned funny mind you
Bringing Happiness where there is Gloom!0 -
.... no more difficult than when I bought in the 1960's!
.. still residing on that Planet Zog, I see.No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher0 -
Were you there?
I was!!Bringing Happiness where there is Gloom!0 -
Were you there?
I was!!
You only have to look at the facts and figures to see that house prices as a multiple of average income is higher than it was in the past, and average deposit as a percentage of house price is higher than it was in the past. Therefore it is generally more difficult to get on the housing ladder than it has been in the past. But that's on Earth, I suspect that on Zog it's different ?No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher0 -
GeorgeHowell wrote: »You only have to look at the facts and figures to see that house prices as a multiple of average income is higher than it was in the past, and average deposit as a percentage of house price is higher than it was in the past. Therefore it is generally more difficult to get on the housing ladder than it has been in the past. But that's on Earth, I suspect that on Zog it's different ?
The first part is true houses now about 5.5x income compared to a max of 5x in the past. But with help to buy you can now buy with a 5% deposit twice the minimum when I bought in the 70s.0 -
GeorgeHowell;
I see, you weren't there ...... I was, end of.
There are so many things you don't know about life in the 60's ... mainly only ONE adult worked, for example.
I could list many more reasons why you cannot look at multiples and think you have the answer that it was easy 'back then' ... it was just as tough then.
Today, people think material items are vital to their lives ... these cost money. Back in the day, the most vital item was the mortgage and food/clothing.
You need to remember that I also saw 12% Mortgage Rates - how tough do you think THAT was?
The proof in the pudding is that plenty of people are buying property and getting on with their lives ...... no drama.
The people who moan that 'it isn't fair' are those who cannot manage to have the life they want ....... my answer is to make your life better, sadly that takes hard work - something the people in 1960's Britain knew all about!Bringing Happiness where there is Gloom!0 -
GeorgeHowell;
I see, you weren't there ...... I was, end of.
There are so many things you don't know about life in the 60's ... mainly only ONE adult worked, for example.
I could list many more reasons why you cannot look at multiples and think you have the answer that it was easy 'back then' ... it was just as tough then.
Today, people think material items are vital to their lives ... these cost money. Back in the day, the most vital item was the mortgage and food/clothing.
You need to remember that I also saw 12% Mortgage Rates - how tough do you think THAT was?
The proof in the pudding is that plenty of people are buying property and getting on with their lives ...... no drama.
The people who moan that 'it isn't fair' are those who cannot manage to have the life they want ....... my answer is to make your life better, sadly that takes hard work - something the people in 1960's Britain knew all about!
I didn't say I wasn't there - that's an assumption you have chosen to make. And what's more I was living on this planet.
Let's not look at multiples eh, because they comprise
those awkward facts and figures that get in the way of us posting daft, attention seeking bullsh*t on the internet.
It is more difficult now - established fact - but all the more reason why those seeking to buy need to stop whingeing and blaming everybody else, roll up their sleeves, and get on with doing what it takes to find a way.No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.
The problem with socialism is that eventually you run out of other people's money.
Margaret Thatcher0 -
You have proved that you weren't there by talking utter cobblers ....Bringing Happiness where there is Gloom!0
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How hard was it to get a mortgage in the 60s. I first bought in the 70s when you couldn't borrow as much as now but I was able to shop around for a mortgage.0
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