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Debate House Prices


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House prices have risen 6.9% a year since 1980 according to the ONS

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    CLAPTON wrote: »
    understanding current policies is only of limited use as the future determines the past

    Current policies in certain areas are mapped for some years ahead already.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    tkane wrote: »
    I wish you the best of luck in getting a desirable response from them and I do hope you will keep us posted on how you get on with your enquiries.

    Oh dear. I concede. I'll put you on ignore. :wave:
  • TickersPlaysPop
    TickersPlaysPop Posts: 753 Forumite
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    Jack_Johnson_the_acorn wrote: »
    BOOHOO, Wife and I aged 23 & 25 respectively, bought our house on a modest enough income, both of us work and made a couple of sacrifices, maybe you should learn to do the same, rather than whining about how you've been screwed over every 10 mins...... Neither of us holidayed for 2 years and we saved like troopers for a year to get our 10% deposit together.

    Well done and good news.... I'm a little ahead of you in terms of age etc.... and I'm curious to ask....

    Question... when do you predict you could afford to have children?
    Peace.
  • TickersPlaysPop
    TickersPlaysPop Posts: 753 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    Libber wrote: »
    For comparative purposes, nominal wages rose by an average of 5.3% per year over the same period, so there's a gap of 1.6% per annum between house price growth and income growth. I think it's pretty obvious that sustained real terms inflation in the price of a fundamental necessity has the potential to create a major social problem.

    I know this type of average is a very overly simplified stat and not always representative of the true situation. But I think this is a very significant set of figures.

    Nobody here has set a convincing argument against this data.
    Peace.
  • System
    System Posts: 178,377 Community Admin
    10,000 Posts Photogenic Name Dropper
    TickersPlaysPop wrote: »

    Nobody here has set a convincing argument against this data.

    I'm not sure how it's possible to argue against data. It is what it is.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    TickersPlaysPop wrote: »
    I know this type of average is a very overly simplified stat and not always representative of the true situation. But I think this is a very significant set of figures.

    Nobody here has set a convincing argument against this data.

    I'm not sure what convincing argument you are expecting it's just data.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Just for some perspective mortgage rate was very high in 1985 making the mortgage repayments twice what they would have been if the rates were same as today.
  • Jack_Johnson_the_acorn
    Jack_Johnson_the_acorn Posts: 1,333 Forumite
    TickersPlaysPop wrote: »
    Well done and good news.... I'm a little ahead of you in terms of age etc.... and I'm curious to ask....

    Question... when do you predict you could afford to have children?

    Right now ..... But that would mean going to the Caribbean maybe once every 2 years instead of twice a year.... Luckily neither myself or the Mrs particularly want children yet or maybe even ever :T
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    Thrugelmir wrote: »
    Current policies in certain areas are mapped for some years ahead already.

    the future is not predetermined

    current policies in certain areas are not mapped for some years ahead
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Thrugelmir wrote: »
    Current policies in certain areas are mapped for some years ahead already.

    You question whether the future can be known then hint it can.
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