Debate House Prices


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Why are house prices still so high?

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Comments

  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    homeless9 wrote: »
    You get ripped off for property and then - usually if you are a man with children and you get divorced - that property gets taken away from you...

    Why do men marry women, have kids with them, allow them to not work, staying at home enjoying seeing the kids grow up and say their first words, take their first steps, having friends over for tea and biscuits, while the man is grinding away 9am to 6pm a day.........when, on top of their wife having the easier life, their wife has them by the balls, the man is working for them, the woman knows that they are 100% secure - as by letting them be a stay at home mum, you have basically sacrificed your house fully to them..... if you try to leave her, or if she leaves you - you are totally and utterly rekt.

    Is it even worth buying property when men who have children are likely to have it taken off them. How common is divorce? 1 in 3 chance at least of getting divorced?

    If you think the mother has the easier job 24/7 then you’ve lost you’re grip on reality, but I think we can see why you are bitter.
  • homeless9 wrote: »

    Why do men marry women, have kids with them,


    Having a relationship is one dynamic. Having kids in same relationship different dynamic. Seems like a high risk to have kids unless all your life is in highest of order and you are ready for a new relationship dynamic. How do people judge all this, blind luck ? maybe the female mind is good at this stuff with their social intelligence but seems a nightmare judgement.



    Must be a low % success rate on not divorcing + successfully raising your kids + remaining happy in relationship. Hats off to you if you managed it.



    Whats the stats on divorce of people with no kids i wonder compared with relationships with kids?
  • Simple fact is that Marginal Economics tells us that as a nicer houses get more desirable those on the rung below become more marginalised but also more expensive with a bigger pool of the market because not everyone can afford the really nice houses.

    In Glasgow we have very nice areas like Thorntonhall, Newton Mearns and Jordanhill. A decent three bed in any one of those areas will set you back at least £400k.

    The areas on the fringes such as Giffnock, East Kilbride, Anniesland you'll get something for £200-250k.

    Move out further it's a bit cheaper again.

    It's not just the schools and the "safe neighbourhoods", it's who is living next to you, what kind of person/people they are. Will you enjoy living there or do you live in constant fear of being burgled one night while you sleep?

    I think demographically we all believe our house is "worth" something depending on what we think someone will pay. Years of the boomers etc buying in to the HPI myth, as an example I've seen houses in the above nice areas go on asking offers over £600k that would need at least £100k spent on it. There is just no way someone will pay that, it's madness.

    Capitalism and the greater fool, eh?
    Started out with nothing, still got most of it left.
  • AG47
    AG47 Posts: 1,618 Forumite
    Just wait until Feb when Deuchter bank announce their losses

    Then the worlds financial systems will tumble and property will follow
    Nothing has been fixed since 2008, it was just pushed into the future
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    AG47 wrote: »
    Just wait until Feb when Deuchter bank announce their losses

    Then the worlds financial systems will tumble and property will follow

    You've been saying that since June 2016, how come it didn't happen last February? Their announcement date is 1st February, so we only have to wait less than 2 weeks.
    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
  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Renting sucks though GreatApe, i used to think it was OK but changing my mind after owning.

    I’m perfectly happy with renting. it suits our purposes and overall it’s not more expensive for us (considering the salary sacrifice, pension matching opportunities we have).

    I strongly suspect that it’s not being in a situation that is right for you (for whatever reason) that sucks.

    For someone on a 6 or 12 month contract renting may be suitable until they are established.

    You were unhappy because it wasn’t right for you at the time not because renting is bad per se.
  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    AG47 wrote: »
    Just wait until Feb when Deuchter bank announce their losses

    Then the worlds financial systems will tumble and property will follow

    Still waiting........

    But respect for nailing your flag to the post and giving us a date.
  • justjohn
    justjohn Posts: 2,260 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Simple fact is that Marginal Economics tells us that as a nicer houses get more desirable those on the rung below become more marginalised but also more expensive with a bigger pool of the market because not everyone can afford the really nice houses.

    In Glasgow we have very nice areas like Thorntonhall, Newton Mearns and Jordanhill. A decent three bed in any one of those areas will set you back at least £400k.

    The areas on the fringes such as Giffnock, East Kilbride, Anniesland you'll get something for £200-250k.

    Move out further it's a bit cheaper again.

    It's not just the schools and the "safe neighbourhoods", it's who is living next to you, what kind of person/people they are. Will you enjoy living there or do you live in constant fear of being burgled one night while you sleep?

    I think demographically we all believe our house is "worth" something depending on what we think someone will pay. Years of the boomers etc buying in to the HPI myth, as an example I've seen houses in the above nice areas go on asking offers over £600k that would need at least £100k spent on it. There is just no way someone will pay that, it's madness.

    Capitalism and the greater fool, eh?


    Trouble is many first time buyer do not want to move into a 1 bed in paisley for 70k. they want the 200k house lol
  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 19 January 2019 at 11:05AM
    lisyloo wrote: »
    Still waiting........

    But respect for nailing your flag to the post and giving us a date.

    Don't forget this classic from 2016...
    AG47 wrote: »
    [Posted 16-10-2016] I guarantee DB will not last another 12 months

    It's difficult to know what to make of some posters; simply clueless or deliberate troll?
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • lisyloo wrote: »
    I’m perfectly happy with renting. it suits our purposes and overall it’s not more expensive for us (considering the salary sacrifice, pension matching opportunities we have).

    I strongly suspect that it’s not being in a situation that is right for you (for whatever reason) that sucks.

    For someone on a 6 or 12 month contract renting may be suitable until they are established.

    You were unhappy because it wasn’t right for you at the time not because renting is bad per se.


    Ok i should change the statement to forced renting sucks. But your situation is fine, renting cause of opportunity that has more pros vs cons. (Would fit that category myself on a couple rentals). You are renting in london for work right, totally reasonable.



    Its the control aspect that makes it suck most. Small time landlords who aren't savvy are a problem which is probably a fair few of them and its often hard to get information about a landlord pre tenancy agreement because lets face it.... you are just another pleb trying to rent somewhere. Even if you have a good landlord you still dont have control. You could have a good landlord but have a problem letting agent for a number of reasons and from my experience i would generallly not suggest getting a rental without a managed letting agent. You could have a good landlord at first but then gets confused by why you're such a good tenant and must not believe it so starts get more involved to make sure everything is really ok. :rotfl:I dont blame them i would occasionally be freaking out over a 200k etc property myself if it had strangers living in it.



    Best "forced" rental we ever had was a key worker accomodation for the mrs job. Big company ran it, they weren't overly concerned with anything but also ran it well.
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