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UK Affordability still very good

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Comments

  • economic
    economic Posts: 3,002 Forumite
    ukcarper wrote: »
    So 71% didn't plus all of those priced out.

    71% didn't need help. they were able to afford London property.
  • GreatApe
    GreatApe Posts: 4,452 Forumite
    ukcarper wrote: »
    Lot of assumptions there and of course very few of them have received anything yet.


    its clear to anyone who is not actively trying to deny reality, inheritences are received by more people and the size of the amounts recived are higher than ever before
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    GreatApe wrote: »
    its clear to anyone who is not actively trying to deny reality, inheritences are received by more people and the size of the amounts recived are higher than ever before
    True but you are trying to equat that to affordablity for FTBs but people in that age group will not inherent for another 40 to 50 years. Is 60 going to be the norm for FTBs.
  • economic
    economic Posts: 3,002 Forumite
    ukcarper wrote: »
    True but you are trying to equat that to affordablity for FTBs but people in that age group will not inherent for another 40 to 50 years. Is 60 going to be the norm for FTBs.

    average London FTB age is 32.
  • economic
    economic Posts: 3,002 Forumite
    what would make a better long term investment: London property or global stocks?
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    economic wrote: »
    average London FTB age is 32.
    So a very good chance they have not had an inherentice yet.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    economic wrote: »
    what would make a better long term investment: London property or global stocks?
    What's that got to do with FTB affordablity.
  • economic
    economic Posts: 3,002 Forumite
    ukcarper wrote: »
    So a very good chance they have not had an inherentice yet.

    but could have gifts.
  • economic
    economic Posts: 3,002 Forumite
    economic wrote: »
    but could have gifts.

    wanted to spice things up on this thread. its getting a bit too repetitive.


    also would be nice to see everyones views on this question out of interest.
  • economic
    economic Posts: 3,002 Forumite
    ukcarper wrote: »
    What's that got to do with FTB affordablity.


    wanted to spice things up on this thread. its getting a bit too repetitive.


    also would be nice to see everyones views on this question out of interest.
This discussion has been closed.
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