UK Affordability still very good

economic

Windofchange wrote: »

And in response to your other half saying:





So, you're retired, semi-retired and also earn 34k or so a year as a median wage earner. Is it any wonder it is impossible to have a discussion with you - you can't get your own story straight let alone give any meaningful analysis on other people'e situation!

stop polluting this thread!

Windofchange

economic wrote: »

stop polluting this thread!

:rotfl:

So come on then. Retired, semi retired or earning £34k a year?

gycraig_2

economic wrote: »

people who dont make the sacrifices to sav and then complain they cant afford to buy only have themselves to blame. theres nothing unfair about the high property prices. the "young" just have to suck it up. no sympathy at all from me.

My dad's first house cost a quarter of what it's worth now and he also bought with a 0 percent deposit.

Always fun watching older people lording it over people who's situation they haven't even been close to being in.

No one wants or needs sympathy from you
Oh your the guy who earns 100k a year but then earns about 34k but has also retired.

gycraig_2

If you truly are 34 then houses I am looking at have often gone up 50 percent at least from 8-9 years ago when you were my age. But oh we must not whinge as it's the iPads holding us back not the crazy house prices

economic

gycraig wrote: »

If you truly are 34 then houses I am looking at have often gone up 50 percent at least from 8-9 years ago when you were my age. But oh we must not whinge as it's the iPads holding us back not the crazy house prices

Prices have gone up because people can afford to buy them. People who did manage to save enough that is. If you find yoursef disgruntled as you couldn't afford to buy then look in the mirror to find out who's fault that was. If you want to buy then save more and earn more. Take the steps u need to do this and you will get there.

economic

gycraig wrote: »

My dad's first house cost a quarter of what it's worth now and he also bought with a 0 percent deposit.

Always fun watching older people lording it over people who's situation they haven't even been close to being in.

No one wants or needs sympathy from you
Oh your the guy who earns 100k a year but then earns about 34k but has also retired.

No idea where you got me earning 34k from.

wotsthat

gycraig wrote: »

My dad's first house cost a quarter of what it's worth now and he also bought with a 0 percent deposit.

Always fun watching older people lording it over people who's situation they haven't even been close to being in.

What's your dad's situation got to do with anything?

I think it was Einstein who said the definition of madness was doing the same thing but expecting a different outcome. The reverse is true - you can't buy a house at a quarter of today's value with a 0% deposit so, if you want to own a house, you'll need to follow a different process.

This isn't aimed at you directly but if you want to know what people's financial priorities are then don't bother asking them. Ask to see their bank statements instead because their real priorities will become apparent very quickly. Judging by consumer spending figures and home ownership rates people haven't been willing to increase the priority of home ownership as prices and deposit requirements increased.

chucknorris

economic wrote: »

No idea where you got me earning 34k from.

It originates from this post:

Windofchange wrote: »

So, you're retired, semi-retired and also earn 34k or so a year as a median wage earner. Is it any wonder it is impossible to have a discussion with you - you can't get your own story straight let alone give any meaningful analysis on other people'e situation!

chucknorris

gycraig wrote: »

If you truly are 34 then houses I am looking at have often gone up 50 percent at least from 8-9 years ago when you were my age. But oh we must not whinge as it's the iPads holding us back not the crazy house prices

I would say don't whinge because it doesn't achieve anything, and it also makes you look bad, nothing at all to do with iPads.

Occasionally some of my dissertation students groan (I wouldn't exactly call it whinging) about lack of time, but the students that I am thinking of, are part time students, who work 4 days a week, have a family, and have bought a property that needs refurbishing (and they are doing the refurbishment work themselves). I don't class that as whinging because they are 'go getters' and they are knuckling down and getting on with their lives, when times are hard for them. They not only have my sympathy, but also my respect too.

economic

chucknorris wrote: »

It originates from this post:

Thanks. So yet again made up stuff from bagofwind.