Debate House Prices


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Will the next generation be able to buy their own house?

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Comments

  • Zero_Sum
    Zero_Sum Posts: 1,567 Forumite
    Well, yes. You take a pay cut to go do IT somewhere else and the supposed benefit is that even with the smaller salary, you can buy a bigger house in Coventry or Bolton wherever. The trouble with this bigger house is, it's in Coventry or Bolton. So if that's the only benefit, it had better be a really nice house because let's face it if that's where you live you'll be spending a lot of time in it.

    At least you wont be stabbed, or have acid thrown in your face, or some mophead theif nicking your phone, or lung cancer due to all the pollution & smog

    As usual London clown who thinks the place is the be all & end all
  • I would hate to live in London . Last year I was due to visit, see a show and stay overnight. I was actually very nervous about going, after my husband had said, 'don't get your purse or your phone out and don't use a taxi'. What with that, and the stabbings, and the terrorist attacks, I was quite frightened.

    In the event, my husband was ill with shingles, so I had a good excuse to cancel it :)

    Other places, safer to be in, do exist.
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • Filo25
    Filo25 Posts: 2,140 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I would hate to live in London . Last year I was due to visit, see a show and stay overnight. I was actually very nervous about going, after my husband had said, 'don't get your purse or your phone out and don't use a taxi'. What with that, and the stabbings, and the terrorist attacks, I was quite frightened.

    In the event, my husband was ill with shingles, so I had a good excuse to cancel it :)

    Other places, safer to be in, do exist.

    Maybe your husband should chill a bit!

    Not originally from London, but have lived here 28 years now, never been mugged, had my phone nicked, been attacked in a taxi or been in a terrorist attack.

    Yes bad things happen in London (as they do everywhere) but in a city with a population over 8 million, the odds of them happening to you aren't particularly high.

    Each to their own in any case.
  • triathlon
    triathlon Posts: 969 Forumite
    500 Posts Second Anniversary
    Filo25 wrote: »
    Maybe your husband should chill a bit!

    Not originally from London, but have lived here 28 years now, never been mugged, had my phone nicked, been attacked in a taxi or been in a terrorist attack.

    Yes bad things happen in London (as they do everywhere) but in a city with a population over 8 million, the odds of them happening to you aren't particularly high.

    Each to their own in any case.

    I am an SW19 born and bred lad whose heart will always be in London, and I know the surrounding area so well, from Putney to south in Sutton. London is now a crap hole and has changed beyond belief, my huge family and friends close to my family after decades and centuries in some cases of having lived there have now parted London, 80% I would guess.

    Various reason why they have left, but crime, loss of old communities and loss of traditions are way up there.
  • AG47
    AG47 Posts: 1,618 Forumite
    triathlon wrote: »
    I am an SW19 born and bred lad whose heart will always be in London, and I know the surrounding area so well, from Putney to south in Sutton. London is now a crap hole and has changed beyond belief, my huge family and friends close to my family after decades and centuries in some cases of having lived there have now parted London, 80% I would guess.

    Various reason why they have left, but crime, loss of old communities and loss of traditions are way up there.

    Everybody is saying similar, so why haven’t prices collapse in the shithole yet?
    Nothing has been fixed since 2008, it was just pushed into the future
  • snowqueen555
    snowqueen555 Posts: 1,556 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I don't know, quality of life maybe? Not having to worry about where I will be in a years time. Being able to own animals, have a place of my own and have it how I want it. It is weighing things up I suppose. Where I am right now I don't have a career I will lose sleep over, so it wouldn't be much of a problem to give it a go, and if it doesn't work out, just come back.

    Family is important, but on other hand the alternative is to live in house shares until I am middle aged, or pay through the nose by renting a house/flat.

    People emigrate all over the world, so moving to another city should be a doddle..
  • AG47 wrote: »
    Everybody is saying similar, so why haven’t prices collapse in the shithole yet?
    No, the people you listen to in your echo chamber are saying similar, but that's echo chambers for you.

    One of the hallmarks of the crashtroll is the belief that high or rising prices mean an area is undesirable.
  • Filo25 wrote: »
    Maybe your husband should chill a bit!

    Not originally from London, but have lived here 28 years now, never been mugged, had my phone nicked, been attacked in a taxi or been in a terrorist attack.

    Yes bad things happen in London (as they do everywhere) but in a city with a population over 8 million, the odds of them happening to you aren't particularly high.

    Each to their own in any case.

    But I would look like a naive tourist who didn't know where they were going. I have never used the tube on my own, for example and would have to ask which one to get and where to get off. I would look like a target. You probably don't after 28 years.
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    But I would look like a naive tourist who didn't know where they were going. I have never used the tube on my own, for example and would have to ask which one to get and where to get off. I would look like a target. You probably don't after 28 years.

    A few bits of sensible advice (that would be appropriate in ANY city) and you’d be absolutely fine. I don’t think London is any worse than any other city.

    You can easily plan your journeys in advance and if not there are tube maps at every station (as well as the internet).
    The majority of people will help if asked.

    Most stabbings occur in gang areas in the early hours so don’t affect most normal people going about their business.

    The chances of being in a terrorist attack are tiny.

    If it’s going to worry you then don’t go but statistically the chances are lower than having an accident in your car, so your husband has overblown it.

    But if your not going to enjoy it then don’t go.
    There are places I won’t go on holiday (like Egypt at the moment). Not because I would get killed but because the villigence would mean I would not enjoy myself.
    That’s a perfectly ok choice to make for yourself but it is not a dangerous place to live for normal people I.e. your not homeless or in a gang.
  • AG47 wrote: »
    Everybody is saying similar, so why haven’t prices collapse in the shithole yet?

    Foreign money coming in to invest in London property.
    Obviously it benefits the govt and their friends.
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