March for Homes

TickersPlaysPop

I had to make sure this appeared on this forum:

http://www.theguardian.com/society/2015/jan/23/housing-march-lack-affordable-homes-london

One web site marketing Lomdon flats abroad had to be taken down due to a Twitter storm....

"Houses for Homes NOT Profit"

As I predicted the people are standing up.... it's a western spring!

Jack_Johnson_the_acorn

Would be a much better use of their time work and save for a deposit, don't remember my wife marching around at 21 before we bought our 1st property. I do remember lots of overtime and sacrifices though.

chucknorris

Jack_Johnson_the_acorn wrote: »

Would be a much better use of their time work and save for a deposit, don't remember my wife marching around at 21 before we bought our 1st property. I do remember lots of overtime and sacrifices though.

I was thinking that myself, I was working long hours in my chosen career, as well as running a business in my 'spare time'.

MARTYM8`

Jack_Johnson_the_acorn wrote: »

Would be a much better use of their time work and save for a deposit, don't remember my wife marching around at 21 before we bought our 1st property. I do remember lots of overtime and sacrifices though.

Break out the violins and cue the Hovis ad.:D:D

When my dad bought his London house in his late 30s it cost just over twice his salary - when he retired it was worth 10 times his final salary and he was earning a lot more!

Do you have any concept as to the price of housing now in London relative to salaries. Even in Barking and Dagenham the average house price is £250,000 - that's ten times median wages - so say you had a £30k deposit you would need to be earning £60k+ at 3.5 times salary for the delights of Dagenham. And that is way cheaper than almost anywhere else. Yes - they can leave London and the south east - but that is where the work is!

Its not like it was in your day at all! So try not to sneer at young people struggling to get on - and don't suggest if they didn't spend £300 on an ipad they could easily afford £300k for a decent one bed flat! which is not far off the going rate now in many parts even of east London.

PS Its Saturday - perhaps they do work Monday to Friday? Although why they are bothering marching on City Hall on a Saturday is beyond me - Boris is only there weekdays - only the low wage security staff who definitely couldn't afford to buy a home in London now will be there.

CLAPTON

TickersPlaysPop wrote: »

I had to make sure this appeared on this forum:

http://www.theguardian.com/society/2015/jan/23/housing-march-lack-affordable-homes-london

One web site marketing Lomdon flats abroad had to be taken down due to a Twitter storm....

"Houses for Homes NOT Profit"

As I predicted the people are standing up.... it's a western spring!

Any decent person would be embarrassed to be associated with the shameless hypocrite Diane Abbot.

michaels

'Iphones for all!'

'Everyone deserves Sky!* (*including all the sports and movie channels)'

'Waitrose food is a basic human right!'

ukcarper

MARTYM8` wrote: »

Break out the violins and cue the Hovis ad.:D:D

When my dad bought his London house in his late 30s it cost just over twice his salary - when he retired it was worth 10 times his final salary and he was earning a lot more!

Do you have any concept as to the price of housing now in London relative to salaries. Even in Barking and Dagenham the average house price is £250,000 - that's ten times median wages - so say you had a £30k deposit you would need to be earning £60k+ at 3.5 times salary for the delights of Dagenham. And that is way cheaper than almost anywhere else. Yes - they can leave London and the south east - but that is where the work is!

Its not like it was in your day at all! So try not to sneer at young people struggling to get on - and don't suggest if they didn't spend £300 on an ipad they could easily afford £300k for a decent one bed flat! which is not far off the going rate now in many parts even of east London.

PS Its Saturday - perhaps they do work Monday to Friday? Although why they are bothering marching on City Hall on a Saturday is beyond me - Boris is only there weekdays - only the low wage security staff who definitely couldn't afford to buy a home in London now will be there.

You do realise that there was a big housing boom in early 70s and prices reached almost 5x average earnings compared to almost 6x now. When I first bought in 1972 I couldn't afford to buy in the part of Surrey where I worked and lived and had to move to Hampshire and commute and I was earning more than median wage at the time.

antrobus

michaels wrote: »

'Iphones for all!'

'Everyone deserves Sky!* (*including all the sports and movie channels)'

'Waitrose food is a basic human right!'

Oh gawd.

You do realise that means we're all going to have to revise the Transitional Programme. Again.

MARTYM8`

ukcarper wrote: »

You do realise that there was a big housing boom in early 70s and prices reached almost 5x average earnings compared to almost 6x now. When I first bought in 1972 I couldn't afford to buy in the part of Surrey where I worked and lived and had to move to Hampshire and commute and I was earning more than median wage at the time.

No one said it was easy - but it was not impossible as you bought. In London half the city now rents - do you not think more would buy if it was indeed affordable for your average joe on average wages.

Average house price over £500know - median wage £25k. Think on - there was certainly not such a disparity even in the 1970s!

But hey - they just need to stop buying those £300 ipads. If they didn't buy 1,000 of them they could buy a one bed flat in Walthamstow!

http://www.rightmove.co.uk/property-for-sale/property-46809239.html

Go on - spoil yourself as the ad says!

Jack_Johnson_the_acorn

MARTYM8` wrote: »

Break out the violins and cue the Hovis ad.:D:D

When my dad bought his London house in his late 30s it cost just over twice his salary - when he retired it was worth 10 times his final salary and he was earning a lot more!

Do you have any concept as to the price of housing now in London relative to salaries. Even in Barking and Dagenham the average house price is £250,000 - that's ten times median wages - so say you had a £30k deposit you would need to be earning £60k+ at 3.5 times salary for the delights of Dagenham. And that is way cheaper than almost anywhere else. Yes - they can leave London and the south east - but that is where the work is!

Its not like it was in your day at all! So try not to sneer at young people struggling to get on - and don't suggest if they didn't spend £300 on an ipad they could easily afford £300k for a decent one bed flat! which is not far off the going rate now in many parts even of east London.

PS Its Saturday - perhaps they do work Monday to Friday? Although why they are bothering marching on City Hall on a Saturday is beyond me - Boris is only there weekdays - only the low wage security staff who definitely couldn't afford to buy a home in London now will be there.

It was only 3 yrs ago when we bought, so it's pretty much exactly how it was in my day, I can't afford to live in the most desirable parts of Cheshire, so I don't, guess what? that's where most of my work is..... Tough titty, learn to ride a motorcycle or get used to public transport, sick of whiners crying about how hard they have it.

Don't have a holiday for 3-5 years or live with your parents a little longer to save for a deposit, because I promise feeling sorry for yourself achieves very little.

Jack_Johnson_the_acorn

MARTYM8` wrote: »

No one said it was easy - but it was not impossible as you bought. In London half the city now rents - do you not think more would buy if it was indeed affordable for your average joe on average wages.

Average house price over £500know - median wage £25k. Think on - there was certainly not such a disparity even in the 1970s!

But hey - they just need to stop buying those £300 ipads. If they didn't buy 1,000 of them they could buy a one bed flat in Walthamstow!

http://www.rightmove.co.uk/property-for-sale/property-46809239.html


Go on - spoil yourself as the ad says!

Of course it's going to cost more now. There is nothing that can be done about it. There aint much more room for building in London and it's such a desirable place to live now... Much more so than in the 70's.

The national median wage has never bought an average "London" house..... It's not going to either since the place is so vibrant and desirable.