Debate House Prices


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Rents soar to (another) record high

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  • System
    System Posts: 178,349 Community Admin
    10,000 Posts Photogenic Name Dropper
    Does anyone care

    Some people do
    Showing results 1 to 25 of 38
    Search: Keyword(s): aberdeen
    Posts Made By: Crashy Time
    Forum: Debate House Prices & the Economy and child forums

    165 pages spanning 8 years cheering on an increase in supply and all for a 17% rise. It's the story of HPC in one thread.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    You seem to care more than anyone else. :)

    The last dozen search results for Aberdeen house prices show you as the poster. Don't you get it?

    While you were busy buying a house for your landlord some of us were busy paying off our mortgages and taking advantage of the record low rates.

    That puts us a hundred grand or more ahead versus renting the same house since the credit crunch started.

    Let prices fall.... I'll just buy more. :)


    To rent to all the new Greggs employees in Aberdeen? Slap yourself awake man, you sound like a broken record.
  • kinger101
    kinger101 Posts: 6,573 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    To rent to all the new Greggs employees in Aberdeen? Slap yourself awake man, you sound like a broken record.

    And you just sound broke.
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    kinger101 wrote: »
    And you just sound broke.




    Yawn......:rotfl:
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    Do remember to keep us posted on the Aberdeen rent rises Hamish, it will be fascinating to watch the landlords there denying economic reality :rotfl: Seriously, it will be fascinating to watch the implosion of the Aberdeen mini-bubble, will it go before London? My bet is yes, yes it will!




    The last quarter of this year will see one of the largest rises on record in many parts, on the back of significant HPI in the last qtr.


    In the town where I am only one 1 bed / studio is on the market, whereas you one usually expect around 15.


    1 beds could be had for £120 - £150k 1 year ago and are now £170 - £220k.
  • cepheus
    cepheus Posts: 20,053 Forumite
    The orange bits of this map are where a family on the living wage can afford a starter home.

    http://www.buzzfeed.com/jamesball/heres-where-a-family-on-the-living-wage-would-be-able-to-buy

    CQuJX0YWUAAiBrl.png
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I don;t think there has been any time in history, nor any place in the world, where unskilled people have had a great time of things.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    cepheus wrote: »
    The orange bits of this map are where a family on the living wage can afford a starter home.

    And you've shown the chart for one partner being a part timer, and not shown the average wage slide at all.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    when i were a lad and bought my home (2004) i was bringing home nett 900/month (salary 14K), my interest only mortgage was 500/month leaving me with 400/month to live off (bills, car etc.) I also has 13K of student loan. I didn't get any tax credits.

    This isn't a 'look at me i'm amazing post' just a statement of fact.

    My wages have improved alot since then (and I've kept the same house) - I know mortgages are harder to get now but affordability is something else IF you are prepared to make sacrifices.
    Left is never right but I always am.
  • Carl31
    Carl31 Posts: 2,616 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    gadgetmind wrote: »
    I don;t think there has been any time in history, nor any place in the world, where unskilled people have had a great time of things.

    UK, 1997 - 2010, new labour government

    Unskilled? dont worry, we will give you money for nothing
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