Debate House Prices


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How to own a home by the age of 25

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  • It does appear to have a sturdy burglar alarm and two cctv cameras. But still goes to show what is available and certainly looks nice enough inside. That would be £300k near me.

    Wouldn't ever live off smithy. It's where you go if want to get shot. Yes I can be snobby. But I think I have a point here. Doesn't matter about the house if you live with fear constantly.
  • And in an AMAZING shock, £40k houses aren't in especially nice areas.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    And in an AMAZING shock, £40k houses aren't in especially nice areas.
    Still a couple of people working full time on minimum wage could buy the £100k property in better area with £10k deposit and a 3.2x salary joint mortgage.
  • Blimey. The stamp duty on my house was more than £40k.

    Of course, it was worth it not to live in Leverpewel...
  • Jack_Johnson_the_acorn
    Jack_Johnson_the_acorn Posts: 1,333 Forumite
    edited 8 February 2017 at 10:57PM
    And in an AMAZING shock, £40k houses aren't in especially nice areas.


    It doesn't matter how cheap the worst houses are if 99% aren't prepared to buy and live there.

    Could be a fiver still wouldn't make a difference.
  • It doesn't matter how cheap the worst houses are if 99% aren't prepared to buy and live their.

    Could be a fiver still wouldn't make a difference.
    Whats funny, is that I tried to persuade my parents to buy a property where I was a student, as an investment. It would have been a terrible, terrible waste of money!
  • I bought at 27 and I thought I did well. I bought a static caravan, lived in that for a few years and was able to save up £500 a month.
  • POPPYOSCAR
    POPPYOSCAR Posts: 14,902 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    carguy143 wrote: »
    I bought at 27 and I thought I did well. I bought a static caravan, lived in that for a few years and was able to save up £500 a month.

    Good idea.

    There are some nice sites near us. Very well looked after with lovely people quite often having downsized.
  • fatbeetle
    fatbeetle Posts: 570 Forumite
    Ninth Anniversary 500 Posts I've been Money Tipped!
    Well I must say that I was impressed by the article, inasmuch as it made a decent change from the usual LBC "disabled transgender, teen, single-mother, refugee, unable to afford home in area with decent creche facilities, Tories to blame" that we see there.

    Sure the couples featured were earning decent incomes, but isn't that, you know, a sort of one of the conditions for buying a house.

    And as for having to move somewhere were house prices are reasonable, in order to afford one, well, you have to prioritise what you want out of life really.
    “If you trust in yourself, and believe in your dreams, and follow your star. . . you'll still get beaten by people who spent their time working hard and learning things and who weren't so lazy.”
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 9 February 2017 at 9:04AM
    carguy143 wrote: »
    I bought at 27 and I thought I did well. I bought a static caravan, lived in that for a few years and was able to save up £500 a month.

    Sounds better than renting, you had your own space:

    How did the overall costs compare to renting, including the sale value or even disposal costs (if any) of the caravan at the end?

    Was the caravan site conveniently located for both work and a social life?

    What about the winter, was it very cold?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
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