Debate House Prices


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Corbynomics: A Dystopia

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Comments

  • Moby
    Moby Posts: 3,917 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Radio 4 now! Andrew Marr show. Research study by coincidence carried out in K&C indicates there is a 15 year gap between the life span of those living in Grenfell Tower situations than in the richer part of the borough!
  • GreatApe
    GreatApe Posts: 4,452 Forumite
    Moby wrote: »
    Radio 4 now! Andrew Marr show. Research study by coincidence carried out in K&C indicates there is a 15 year gap between the life span of those living in Grenfell Tower situations than in the richer part of the borough!

    What do you think is happening that some rich capitalist overlord is sitting down with god and saying well these poor people dont give them equal lifespan they dont deserve it give them 15 years less!!! HAHAHAHAAAA ??


    why would you not expect the rich to have higher life expectancy?
    would you expect poor people to live longer than rich people? Of course not, so the question is how much of the gap is reasonable? I would suggest all of the gap is probably reasonable here are some reasons why there is a gap between poor and rich people in life expectancy

    drug addicts are poor and die much sooner
    alcohol addicts are poor and die much sooner
    poor people often eat very unhealthy foods and the obesity rate is higher among the poor and obesity kills.
    poor people can afford less safe goods (cheaper small second hand cars vs 4x4s for the rich)

    and hundreds of other reasons.

    its not a conspiracy by the rich to steel lifespan from the poor
    If you took into account all the other variables and compared a stable healthy poor family to a stable healthy rich family the gap would narrow considerably
  • GreatApe
    GreatApe Posts: 4,452 Forumite
    ukcarper wrote: »
    You keep going on about this but it is largely irrelevant prices are at an all time high in large parts of the country and there are other problems in other parts of the country.

    In large parts of the country the mortgage payment on a 10 year mortgage is down ~40% relative to wages. Scotland. Wales. NI. North East. North West. West Midlands. East Midlands. Y&H. All down about 40% in real terms.
    Another point take Y&H a large area and prices vary greatly and the average price is over £200k in a large part of it.

    So..? That there is variation in prices between towns in Yorkshire does not detract from the fact that the average house in Yorkshire is down 40% on the decade in real mortgage payment terms
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    GreatApe wrote: »
    In large parts of the country the mortgage payment on a 10 year mortgage is down ~40% relative to wages. Scotland. Wales. NI. North East. North West. West Midlands. East Midlands. Y&H. All down about 40% in real terms.



    So..? That there is variation in prices between towns in Yorkshire does not detract from the fact that the average house in Yorkshire is down 40% on the decade in real mortgage payment terms
    Doesn't help if you don't earn enough to get a mortgage.
  • GreatApe
    GreatApe Posts: 4,452 Forumite
    ukcarper wrote: »
    Doesn't help if you don't earn enough to get a mortgage.


    But in those areas prices in real terms against wages are down about 25% so more people can get the mortgage today than a decade ago

    Stop grasping at straws, just admit that 7-8 regions are cheap and affordable and there is no problem in those regions
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 19 June 2017 at 1:30PM
    GreatApe wrote: »
    But in those areas prices in real terms against wages are down about 25% so more people can get the mortgage today than a decade ago

    Stop grasping at straws, just admit that 7-8 regions are cheap and affordable and there is no problem in those regions
    No I won't accept it I agree there are parts of the country where property is affordable but you are generalising to much. I've already shown that in parts of Y&H prices are high.
  • teddysmum
    teddysmum Posts: 9,522 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Is there an element of people actually wanting more than their equivalent of a few decades ago had ?


    I was raised in a terraced house in a 'working class' area and in the 1950s and 60s very few people owned and renting, council or private (terraced) houses was the norm.


    After many years of doing without (no meals out, entertainment, clothes just to look 'decent', one self catering holiday a year)my parents,like others bought the terraced houses.


    It only seemed to be my generation that started to buy at the time of marriage, but all the young home buyers I knew were couples where both worked and in a profession. (People in professions were not the highest earners as factory workers , building workers and the like earned more, but chose to spend and rent, though council houses were plentiful.)


    I recall that, in the 1970s,our local council actually had ads in the local paper inviting people to come along and rent, as they had lots of empty properties (mainly flats, but two bedroomed ones ).
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    Moby wrote: »

    So the top 1% have 14% of the wealth but pay 27% of the income tax. For this they receive not gratitude but hatred and demands that they pay even more. Corbyn wants them expropriated.

    We are lucky they stay. Imagine if they left.

    At some point this demographic will conclude that living in Britain costs more than it is worth and will vote with their feet.

    I'm looking at Barbados. If I sold my London BTL I could buy both of these or two like them:
    http://www.rightmove.co.uk/overseas-property/property-62679512.html
    http://www.rightmove.co.uk/overseas-property/property-59498633.html

    The Barbados market is in US dollars, so a nice little hedge against surefire sterling post-Brexit weakness, and no inheritance tax.

    It's a thought.
  • TrickyTree83
    TrickyTree83 Posts: 3,930 Forumite
    So the top 1% have 14% of the wealth but pay 27% of the income tax. For this they receive not gratitude but hatred and demands that they pay even more. Corbyn wants them expropriated.

    We are lucky they stay. Imagine if they left.

    At some point this demographic will conclude that living in Britain costs more than it is worth and will vote with their feet.

    I'm looking at Barbados. If I sold my London BTL I could buy both of these or two like them:
    http://www.rightmove.co.uk/overseas-property/property-62679512.html
    http://www.rightmove.co.uk/overseas-property/property-59498633.html

    The Barbados market is in US dollars, so a nice little hedge against surefire sterling post-Brexit weakness, and no inheritance tax.

    It's a thought.

    It's a no brainer. A bit like those folk who think forcing people into these decisions will yield a better life for "all" (see: themselves), no brainers.
  • westernpromise
    westernpromise Posts: 4,833 Forumite
    It's a no brainer. A bit like those folk who think forcing people into these decisions will yield a better life for "all" (see: themselves), no brainers.

    People who vote Labour need to ask themselves whether they'd rather live in a country where everyone has £1, or in one where everyone has £2 apart from one bloke who has £10.
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