On the market since September.. ideas why?

Grizebeck

Smalltownhypocrite said:

CSI_Yorkshire said:

Smalltownhypocrite said:

Money most likely.

Its a nice house but put it this way I'm the first among my friends to be in a position to buy and my budget is £110k, most DH friend (who are in more 'professional' roles than my friends) who own houses paid around £100k or less. We are aged 35-45. We are local to this area too by the way.

I just don't think much of our generation could come close to affording that no matter how nice the houses are.

I think much of the 35-45 age group can afford a house more than £100k.

Not up here in the 'poverty' stricken north east... There's is a reason this is the cheapest place in the county to buy houses and yet where half the population at this age rent instead of owning.

It must be mind blowing to realize 'poor' people actually exist and not everyone is privileged.

Yet all those people who work remotely who struggle to afford south east prices if they were sensible would move up to places in west durham and buy a cheap terrace ....

CSI_Yorkshire

Smalltownhypocrite said:

CSI_Yorkshire said:

Smalltownhypocrite said:

Money most likely.

Its a nice house but put it this way I'm the first among my friends to be in a position to buy and my budget is £110k, most DH friend (who are in more 'professional' roles than my friends) who own houses paid around £100k or less. We are aged 35-45. We are local to this area too by the way.

I just don't think much of our generation could come close to affording that no matter how nice the houses are.

I think much of the 35-45 age group can afford a house more than £100k.

Not up here in the 'poverty' stricken north east... There's is a reason this is the cheapest place in the county to buy houses and yet where half the population at this age rent instead of owning.

It must be mind blowing to realize 'poor' people actually exist and not everyone is privileged.

If half rent, that's still half that own.

50% can certainly be described as much.

If such a large proportion of that age in that area can afford it, that suggests it's not a problem with either the age or the area 

What proportion of home ownership should we be aiming for?

Sarah1Mitty2

CSI_Yorkshire said:

Smalltownhypocrite said:

CSI_Yorkshire said:

Smalltownhypocrite said:

Money most likely.

Its a nice house but put it this way I'm the first among my friends to be in a position to buy and my budget is £110k, most DH friend (who are in more 'professional' roles than my friends) who own houses paid around £100k or less. We are aged 35-45. We are local to this area too by the way.

I just don't think much of our generation could come close to affording that no matter how nice the houses are.

I think much of the 35-45 age group can afford a house more than £100k.

Not up here in the 'poverty' stricken north east... There's is a reason this is the cheapest place in the county to buy houses and yet where half the population at this age rent instead of owning.

It must be mind blowing to realize 'poor' people actually exist and not everyone is privileged.

If half rent, that's still half that own.

50% can certainly be described as much.

If such a large proportion of that age in that area can afford it, that suggests it's not a problem with either the age or the area 

What proportion of home ownership should we be aiming for?

It`s not "half" that own outright though is it, you are also including people with mortgages?

CSI_Yorkshire

Sarah1Mitty2 said:

CSI_Yorkshire said:

Smalltownhypocrite said:

CSI_Yorkshire said:

Smalltownhypocrite said:

Money most likely.

Its a nice house but put it this way I'm the first among my friends to be in a position to buy and my budget is £110k, most DH friend (who are in more 'professional' roles than my friends) who own houses paid around £100k or less. We are aged 35-45. We are local to this area too by the way.

I just don't think much of our generation could come close to affording that no matter how nice the houses are.

I think much of the 35-45 age group can afford a house more than £100k.

Not up here in the 'poverty' stricken north east... There's is a reason this is the cheapest place in the county to buy houses and yet where half the population at this age rent instead of owning.

It must be mind blowing to realize 'poor' people actually exist and not everyone is privileged.

If half rent, that's still half that own.

50% can certainly be described as much.

If such a large proportion of that age in that area can afford it, that suggests it's not a problem with either the age or the area 

What proportion of home ownership should we be aiming for?

It`s not "half" that own outright though is it, you are also including people with mortgages?

True, but irrelevant for this discussion.

Sarah1Mitty2

CSI_Yorkshire said:

Sarah1Mitty2 said:

CSI_Yorkshire said:

Smalltownhypocrite said:

CSI_Yorkshire said:

Smalltownhypocrite said:

Money most likely.

Its a nice house but put it this way I'm the first among my friends to be in a position to buy and my budget is £110k, most DH friend (who are in more 'professional' roles than my friends) who own houses paid around £100k or less. We are aged 35-45. We are local to this area too by the way.

I just don't think much of our generation could come close to affording that no matter how nice the houses are.

I think much of the 35-45 age group can afford a house more than £100k.

Not up here in the 'poverty' stricken north east... There's is a reason this is the cheapest place in the county to buy houses and yet where half the population at this age rent instead of owning.

It must be mind blowing to realize 'poor' people actually exist and not everyone is privileged.

If half rent, that's still half that own.

50% can certainly be described as much.

If such a large proportion of that age in that area can afford it, that suggests it's not a problem with either the age or the area 

What proportion of home ownership should we be aiming for?

It`s not "half" that own outright though is it, you are also including people with mortgages?

True, but irrelevant for this discussion.

Not irrelevant as many can no longer afford their mortgage.

MeteredOut

Sarah1Mitty2 said:

CSI_Yorkshire said:

Sarah1Mitty2 said:

CSI_Yorkshire said:

Smalltownhypocrite said:

CSI_Yorkshire said:

Smalltownhypocrite said:

Money most likely.

Its a nice house but put it this way I'm the first among my friends to be in a position to buy and my budget is £110k, most DH friend (who are in more 'professional' roles than my friends) who own houses paid around £100k or less. We are aged 35-45. We are local to this area too by the way.

I just don't think much of our generation could come close to affording that no matter how nice the houses are.

I think much of the 35-45 age group can afford a house more than £100k.

Not up here in the 'poverty' stricken north east... There's is a reason this is the cheapest place in the county to buy houses and yet where half the population at this age rent instead of owning.

It must be mind blowing to realize 'poor' people actually exist and not everyone is privileged.

If half rent, that's still half that own.

50% can certainly be described as much.

If such a large proportion of that age in that area can afford it, that suggests it's not a problem with either the age or the area 

What proportion of home ownership should we be aiming for?

It`s not "half" that own outright though is it, you are also including people with mortgages?

True, but irrelevant for this discussion.

Not irrelevant as many can no longer afford their mortgage.

I've seen lots of reporting from the media of people saying they won't be able to afford their mortgage, but not any evidence of that actually being the case (maybe just yet).

Do you have any (non-anecdotal) evidence that is the case?

I'd re-write that as "many can no longer afford their existing/previous lifestyle alongside their mortgage"

RelievedSheff

Sarah1Mitty2 said:

CSI_Yorkshire said:

Sarah1Mitty2 said:

CSI_Yorkshire said:

Smalltownhypocrite said:

CSI_Yorkshire said:

Smalltownhypocrite said:

Money most likely.

Its a nice house but put it this way I'm the first among my friends to be in a position to buy and my budget is £110k, most DH friend (who are in more 'professional' roles than my friends) who own houses paid around £100k or less. We are aged 35-45. We are local to this area too by the way.

I just don't think much of our generation could come close to affording that no matter how nice the houses are.

I think much of the 35-45 age group can afford a house more than £100k.

Not up here in the 'poverty' stricken north east... There's is a reason this is the cheapest place in the county to buy houses and yet where half the population at this age rent instead of owning.

It must be mind blowing to realize 'poor' people actually exist and not everyone is privileged.

If half rent, that's still half that own.

50% can certainly be described as much.

If such a large proportion of that age in that area can afford it, that suggests it's not a problem with either the age or the area 

What proportion of home ownership should we be aiming for?

It`s not "half" that own outright though is it, you are also including people with mortgages?

True, but irrelevant for this discussion.

Not irrelevant as many can no longer afford their mortgage.

Any evidence of that?

Sarah1Mitty2

RelievedSheff said:

Sarah1Mitty2 said:

CSI_Yorkshire said:

Sarah1Mitty2 said:

CSI_Yorkshire said:

Smalltownhypocrite said:

CSI_Yorkshire said:

Smalltownhypocrite said:

Money most likely.

Its a nice house but put it this way I'm the first among my friends to be in a position to buy and my budget is £110k, most DH friend (who are in more 'professional' roles than my friends) who own houses paid around £100k or less. We are aged 35-45. We are local to this area too by the way.

I just don't think much of our generation could come close to affording that no matter how nice the houses are.

I think much of the 35-45 age group can afford a house more than £100k.

Not up here in the 'poverty' stricken north east... There's is a reason this is the cheapest place in the county to buy houses and yet where half the population at this age rent instead of owning.

It must be mind blowing to realize 'poor' people actually exist and not everyone is privileged.

If half rent, that's still half that own.

50% can certainly be described as much.

If such a large proportion of that age in that area can afford it, that suggests it's not a problem with either the age or the area 

What proportion of home ownership should we be aiming for?

It`s not "half" that own outright though is it, you are also including people with mortgages?

True, but irrelevant for this discussion.

Not irrelevant as many can no longer afford their mortgage.

Any evidence of that?

Any evidence to disprove it? Are you saying the people on the news etc. are not telling the truth?

CSI_Yorkshire

Sarah1Mitty2 said:

RelievedSheff said:

Sarah1Mitty2 said:

CSI_Yorkshire said:

Sarah1Mitty2 said:

CSI_Yorkshire said:

Smalltownhypocrite said:

CSI_Yorkshire said:

Smalltownhypocrite said:

Money most likely.

Its a nice house but put it this way I'm the first among my friends to be in a position to buy and my budget is £110k, most DH friend (who are in more 'professional' roles than my friends) who own houses paid around £100k or less. We are aged 35-45. We are local to this area too by the way.

I just don't think much of our generation could come close to affording that no matter how nice the houses are.

I think much of the 35-45 age group can afford a house more than £100k.

Not up here in the 'poverty' stricken north east... There's is a reason this is the cheapest place in the county to buy houses and yet where half the population at this age rent instead of owning.

It must be mind blowing to realize 'poor' people actually exist and not everyone is privileged.

If half rent, that's still half that own.

50% can certainly be described as much.

If such a large proportion of that age in that area can afford it, that suggests it's not a problem with either the age or the area 

What proportion of home ownership should we be aiming for?

It`s not "half" that own outright though is it, you are also including people with mortgages?

True, but irrelevant for this discussion.

Not irrelevant as many can no longer afford their mortgage.

Any evidence of that?

Any evidence to disprove it? Are you saying the people on the news etc. are not telling the truth?

I've just done a survey, and 100% of the people I asked can still afford their mortgage.

Murphybear

I have followed this thread with interest.  I’m not familiar with the area (being a southerner) but the views are amazing. I had a look in my part of the world (semi rural Dorset) and a 5 bed house with views could easily go for £800k - £1 million