House Prices to Jump 50%....

Electrum

So the 1 million pound run of the mill town houses in London will be £2M?????????????????

They are unaffordable now, if the bubble blows that much larger the inevitable pop will mean a huge crash.

I dont think the bubble will inflate that much before the pop.

ukcarper

Electrum wrote: »

So the 1 million pound run of the mill town houses in London will be £2M?????????????????

They are unaffordable now, if the bubble blows that much larger the inevitable pop will mean a huge crash.

I dont think the bubble will inflate that much before the pop.

People are buying them now so by definition they are not unaffordable.

ukcarper

chucknorris wrote: »

Eventually owning your own plumbing or electrical business would be far more profitable and rewarding, than the career of an average graduate, so I wouldn't put you off giving that advice.

Just had my boiler serviced £65 for 30 mins work not bad.

sebadee

As a homeowner, this is insane and it exposes our economy to far too much risk. It also takes a huge dump on the next generation trying to get ahead.

I really feel do worry for my kids and their future in this country.

System

I suppose everyone will be forced downmeerkat until you have 2 families of 4 sharing every 1 bed flat (one lounge, one bedroom), much more than that the bubble bursts when homelessness becomes a more attractive option than that overcrowding

Forcing people downmeerkat should also narrow the gap between higher properties

ess0two

ukcarper wrote: »

Just had my boiler serviced £65 for 30 mins work not bad.

Should have done it yourself...take front off and hoover out.

Graham_Devon

ukcarper wrote: »

Just had my boiler serviced £65 for 30 mins work not bad.

30 mins physical work.

Plus travelling time, cost of tools and equipment etc, certification.

You can't look at the cost and assume it's all cash in the pocket.

chucknorris

Graham_Devon wrote: »

30 mins physical work.

Plus travelling time, cost of tools and equipment etc, certification.

You can't look at the cost and assume it's all cash in the pocket.

I seriously don't think that he was assuming that, my perception would be that one employed tradesman, doing (taking the travelling into account) say 6-8 appointments per day (more if encouraging overtime) creates a healthy turnover when multiplying that by the number of tradesmen employed.

Esso's plan to use cleaners hoovering out boilers, looks more profitable, but very risky from a health and safety viewpoint (I do know what he was getting at though).

ukcarper

Graham_Devon wrote: »

30 mins physical work.

Plus travelling time, cost of tools and equipment etc, certification.

You can't look at the cost and assume it's all cash in the pocket.

Yes I know that but a good gas safe registered plumber can should be able to clear £1000+ a week after expenses.

ukcarper

ess0two wrote: »

Should have done it yourself...take front off and hoover out.

Not quite as easy as that on a modern condensing boiler.