Home Ownership at Lowest Level for 30 Years

ukcarper

Cakeguts wrote: »

The point about London is that it has always been expensive. My father wouldn't move from the North West to London for a promotion in the 1970s because he couldn't afford to buy a decent house even though he already lived in a 4 bed detached on a large plot in the North West.

The difference now is that people move to London for a "promotion" without taking into account that they can't afford to live there. "Graduates" chasing graduate level pay with degrees that aren't a traditional graduate level. Because they don't have "real" degrees they don't understand the difference between large salaries and disposable income after rents and other bills. It isn't that there is a shortage of work in parts of the North West. Manchester is booming but the pay is not as high as London.

I agree London has always been expensive and as far as I can see will always be. The trouble is the majority of those well paying jobs are in London and the south east.

kabayiri

ukcarper wrote: »

True but over 25% of the population lives in London and the south east

Using this forum discussion as a sampling point, I'd say well over 95%

Let's be honest. We need 2 governments; 2 sets of policy.

One for all those London young things working out why they are paying 2 grand a month rent for a glorified cupboard, and one for all the people in the regions plodding along as normal.

Cakeguts

ukcarper wrote: »

I agree London has always been expensive and as far as I can see will always be. The trouble is the majority of those well paying jobs are in London and the south east.

That is the point isn't it? The jobs are well paying compared to the rest of the country but the housing costs are much much higher and people don't take into account that although the job pays more they will actually be worse off than if they take a job in a cheaper part of the country and slightly lower pay.

I would like to know how many of the people taking jobs in London because they appear to be better paid than in other parts of the UK have degrees from non traditional universities. It seems to me that the people with degrees from good universities will get the types of jobs that will make living in London affordable but the people with degrees from ex polys and technical colleges won't realise that they are actually going to be worse off because they aren't intelligent enough to see the catch. There isn't a lot of point in taking a well paid job in London if you can't afford to live there but clearly people do. So why don't they do some research before they take the job?

While there are people stupid enough to move to London to take jobs that are not well paid enough for them to have a good life style employers are not going to have to raise the pay rates. The answer is for people not to move to London unless they have first researched how much it is going to cost them to live there.

When my father refused to move there in the 70s so did lots of other people he knew because although they would get a promotion they knew it wouldn't be enough for them to maintain their lifestyles. That was known in the 70s why don't people know it now. Nothing has changed.

ukcarper

kabayiri wrote: »

Using this forum discussion as a sampling point, I'd say well over 95%

Let's be honest. We need 2 governments; 2 sets of policy.

One for all those London young things working out why they are paying 2 grand a month rent for a glorified cupboard, and one for all the people in the regions plodding along as normal.

And that's just housing policy.

ukcarper

Cakeguts wrote: »

That is the point isn't it? The jobs are well paying compared to the rest of the country but the housing costs are much much higher and people don't take into account that although the job pays more they will actually be worse off than if they take a job in a cheaper part of the country and slightly lower pay.

I would like to know how many of the people taking jobs in London because they appear to be better paid than in other parts of the UK have degrees from non traditional universities. It seems to me that the people with degrees from good universities will get the types of jobs that will make living in London affordable but the people with degrees from ex polys and technical colleges won't realise that they are actually going to be worse off because they aren't intelligent enough to see the catch. There isn't a lot of point in taking a well paid job in London if you can't afford to live there but clearly people do. So why don't they do some research before they take the job?

While there are people stupid enough to move to London to take jobs that are not well paid enough for them to have a good life style employers are not going to have to raise the pay rates. The answer is for people not to move to London unless they have first researched how much it is going to cost them to live there.

When my father refused to move there in the 70s so did lots of other people he knew because although they would get a promotion they knew it wouldn't be enough for them to maintain their lifestyles. That was known in the 70s why don't people know it now. Nothing has changed.

I would have thought there are plenty of reasons to take a job in London and in many if not most of the people realise the cost of living is higher. It's a bit condensending to say people from ex polys can't get jobs that pay well, it's entily depending on the subject.

economic

ukcarper wrote: »

I would have thought there are plenty of reasons to take a job in London and in many if not most of the people realise the cost of living is higher. It's a bit condensending to say people from ex polys can't get jobs that pay well, it's entily depending on the subject.

there are a lot of useless degrees out there, polys generally are not worth going to at all unless its a specialist degree leading to vocation. even then employers look down on polys as rightly the students who graduate from there are not to the same standard generally as those from a normal uni.

are the fees the same for the same course between a poly and a normal uni?

kabayiri

ukcarper wrote: »

And that's just housing policy.

Very true.

We see a lot of chatter on here about Scottish devolved government; Welsh etc; but it's the wrong way round.

It's London and some of the SE which needs the devolved government, not the rest of the UK.

London has some unique advantages and also cost challenges. What works in Manchester may not suit London tax payers.

ukcarper

economic wrote: »

there are a lot of useless degrees out there, polys generally are not worth going to at all unless its a specialist degree leading to vocation. even then employers look down on polys as rightly the students who graduate from there are not to the same standard generally as those from a normal uni.

are the fees the same for the same course between a poly and a normal uni?

Yes lots of degrees that won't get you a high paid jobs but as I said a lot depends on the subject.

economic

ukcarper wrote: »

Yes lots of degrees that won't get you a high paid jobs but as I said a lot depends on the subject.

thing is its not just about not getting high paid jobs. its about wasting 3 years of your life doing a pointless degree and racking up student debt instead of doing something useful. who do you blame for that? the system/government? or the students making those decisions? i say more the students, who are creating the demand for these unis to exist charging extortianate fees.

ukcarper

economic wrote: »

thing is its not just about not getting high paid jobs. its about wasting 3 years of your life doing a pointless degree and racking up student debt instead of doing something useful. who do you blame for that? the system/government? or the students making those decisions? i say more the students, who are creating the demand for these unis to exist charging extortianate fees.

I suppose they all should take some responsibility but ultimately it's the student who makes the decision. I wonder how much of that student debt will be paid back.