Brexit is bad for housing, that's why some want it

triathlon

Norman_Castle wrote: »

You've taken advantage of the housing situation and want someone to blame if it changes.
Brexit isn't about you.

It will not effect me, but it will all those hard working young people that sacrificed so much to get their own home in recent years, who borrowed £100,000's on the back of what they thought would be a secure housing market

triathlon

BikingBud wrote: »

Tell me about better countries.

Then tell me why you are still in the UK if it is so poor here and their are better places elsewhere, in your opinion of course.

Why vote to remain part of a union in a substandard country?

Why not just leave now and have done with it?

There are many great countries to go to if you have wealth, far cheaper ones as well.

Zero_Sum

In most of the country houses arent too expensive.
In London & SE they very much are. And what are you defining as a house?
Someone earning double the national average should be able to buy something better than a small 1 bed flat.

Like for like, London houses cost 7 or 8 times as much as they do in my area, whereas whereas wages are maybe 50% more.

If I was a teacher or nurse, theres noway i'd live in London. And thats the long term problem facing London once vital public workers are priced out. The only way they can is to rent a bedroom in a HMO, which is no good once you want to start a family. Quality of life is vastly deteriated. Its just not worth it

triathlon

BikingBud wrote: »

A nearly perfect UK? Depends upon your idea of utopia I suppose but this comment does seem contradictory to your earlier post:



I am still waiting for your response:

Tell me about better countries.

Then tell me why you are still in the UK if it is so poor here and their are better places elsewhere, in your opinion of course.

Why vote to remain part of a union in a substandard country?

Why not just leave now and have done with it?

Additionally, keeping your BTL does also seems to contradict your earlier statement about many leaving and taking all their wealth with them.

Do you know what you want?

Many of us want and will stay if Brexit is cancelled, many of us also have alternate passports and could quite easily live in between two countries if things get worse

Zero_Sum

triathlon wrote: »

It will not effect me, but it will all those hard working young people that sacrificed so much to get their own home in recent years, who borrowed £100,000's on the back of what they thought would be a secure housing market

Recession happen every now & then. As a result house values go down. Then go back up during recovery. People know the risks before buying. Near me, theres houses that are still 30% down on 2007 values. The main reason for the lack of revovery is lack of government investment & London sucking the life out of it.

triathlon

Zero_Sum wrote: »

In most of the country houses arent too expensive.
In London & SE they very much are. And what are you defining as a house?
Someone earning double the national average should be able to buy something better than a small 1 bed flat.

Like for like, London houses cost 7 or 8 times as much as they do in my area, whereas whereas wages are maybe 50% more.

If I was a teacher or nurse, theres noway i'd live in London. And thats the long term problem facing London once vital public workers are priced out. The only way they can is to rent a bedroom in a HMO, which is no good once you want to start a family. Quality of life is vastly deteriated. Its just not worth it

Could not tell you a thing about London property prices, but I can tell you about a lot of other areas outside London. Someone earning twice the national average wage, you kidding me, I don't have enough time to list you all the property you could afford with that in the UK, like also said though "sacrifice".

I wish HMO had been around when I was a young man, great way when you are starting out to live comfortably and meet new people

Zero_Sum

triathlon wrote: »

Could not tell you a thing about London property prices, but I can tell you about a lot of other areas outside London. Someone earning twice the national average wage, you kidding me, I don't have enough time to list you all the property you could afford with that in the UK, like also said though "sacrifice".

I wish HMO had been around when I was a young man, great way when you are starting out to live comfortably and meet new people

That is the situation in London. Someone on £50k ish would struggle to buy anything more than a bedsit or face a massive commute.

And i think you're (no surprise) misunderstanding me. I already have a house which is will be paid for in a couple of years. Theres plenty of houses i can afford because i have a decent amount of equity & the area is cheap.

Thrugelmir

triathlon wrote: »

Many of us want and will stay if Brexit is cancelled, many of us also have alternate passports and could quite easily live in between two countries if things get worse

A penned self portrait.

Crashy_Time

Norman_Castle wrote: »

You've taken advantage of the housing situation and want someone to blame if it changes.
Brexit isn't about you.

The OP was banned from HPC some time ago I believe, and the effect on them has not been positive shall we say..........combine that with the obvious shift away from being mortgaged up on BTL being a smart decision and you have all the ingredients for a catastrophic meltdown, hence all the threads taking a pop at people who stayed clear of excessive debt IMO.

BikingBud

BikingBud
Tell me about better countries.

Then tell me why you are still in the UK if it is so poor here and their are better places elsewhere, in your opinion of course.

Why vote to remain part of a union in a substandard country?

Why not just leave now and have done with it?

Not answered the questions:o

triathlon wrote: »

There are many great countries to go to if you have wealth, far cheaper ones as well.

Still not answered only making pointless throw away comments but nothing of any substance. Are they great and cheap, great and expensive, or poor and cheap?

triathlon wrote: »

Many of us want and will stay if Brexit is cancelled, many of us also have alternate passports and could quite easily live in between two countries if things get worse.

What like at the bottom of the seas like in the James Bond movies? Wow:cool:

Who is us? Whoever you are we will be so grateful that you have decided to stay and allow us to grovel at your feet and aspire to being one of your tenants in your BTLs. THANKS:):)

triathlon wrote: »

So many people are using the argument "houses are too expensive for people to afford".

No they are not, I have done it and so have many others, even unskilled people. What purchased houses are though are initially difficult to pay for and sacrifices have to be met, that has always been the case. Many of us have saved along with beg borrowing and stealing and made huge sacrifices, I should have highlighted "borrowing". We keep a clean credit report, prove ourselves reliable and then borrow the money needed in modern day successful Britain, which might seem like a lot too many.

So you're a thief then? No wonder it was easy for you

You can be a reliable as Spartacus' mates but without the readies coming in you ain't gonna get the mortgage.

Oh sorry I forgot you stole it.

triathlon wrote: »

It will not effect me, but it will all those hard working young people that sacrificed so much to get their own home in recent years, who borrowed £100,000's on the back of what they thought would be a secure housing market

Now I wonder why they thought that if they were all extremely shrewd investors. Perhaps they all got enticed by the Emperor's new clothes and ended up paying many more thousands than they really need to, all to get on the "property ladder" and will still bear that heavy millstone for many years.

So nothing really new to progress the discussion or in response to any questions, just a series of brags to try and inflate your ego and get people to believe you have been successful when in fact you have probably just been very lucky:(

Why shouldn't we aspire to getting house prices back to something that our children and grandchildren can afford?

Why should people feel guilty about that?