Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Rents soar to (another) record high

Options
1…5681011…40

Comments

  • Carl31
    Carl31 Posts: 2,616 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    cepheus wrote: »
    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

    as is always said on here, people on low wages cant have houses, its the rules

    living wage = tent
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    Carl31 wrote: »
    as is always said on here, people on low wages cant have houses, its the rules

    living wage = tent

    Then how come there's millions of people who earn less than the living wage (lots earning nothing at all) who not only live in lovely brick houses but also have free healthcare free education free security and get given money to spend on whatever they like - even alcohol and fags if they choose?

    What a terrible country we live in. No wonder noone wants to live here
    Left is never right but I always am.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Conrad wrote: »
    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.

    Heard today that the average price of a property purchased in the UK is currently around £125k. A wide disparity to the perceived value. Historical data shows that the value of property is linked to inflation. Prices seem to have got ahead of themselves at the current time.
  • padington
    padington Posts: 3,121 Forumite
    edited 9 October 2015 at 2:36AM
    Thrugelmir wrote: »
    Heard today that the average price of a property purchased in the UK is currently around £125k. A wide disparity to the perceived value. Historical data shows that the value of property is linked to inflation. Prices seem to have got ahead of themselves at the current time.

    Historically we didn't have very cheap flights and a population epedimic growing a billion every ten years.

    That's before we even start talking about the development of modern planning laws.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    How is the rent price surge going in Aberdeen Hamish? Genuinely interested.
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    I hear you can get a decent one bedder for about £500 p.m in Aberdeen now? How things change eh.....;)
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Crashy_Time wrote: »
    I hear you can get a decent one bedder for about £500 p.m in Aberdeen now? How things change eh.....;)

    Are you considering a big leap up the property ladder?
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    Crashy Time
    post_old.gif 20-10-2015, 1:36 AM

    Crashy Time post_old.gif Today, 4:25 AM
    How many MSE-ers were online at 1.36 and 4.25 AM?
    Don't blame me, I voted Remain.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    UK time or local time? People do travel!
    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.
  • mayonnaise
    mayonnaise Posts: 3,690 Forumite
    edited 23 October 2015 at 5:37PM
    gadgetmind wrote: »
    UK time or local time? People do travel!
    They sure do. But the Edinburgh -Musselburgh nightbus doesn't seem to cross any time zones.
    http://lothianbuses.com/timetables-and-maps/timetables/N30
    Don't blame me, I voted Remain.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture