SKI-er or Sk-ater. We know how to enjoy ourselves

Errata

Isn't it the case that someone who rented would have paid as much, and eventually far, far more, in rent each week as the cost of mortgage payments?
Whatever improvments were carried out benefit the homeowner and their choice of living circumstances, as presumabley their property was habitable when they bought it.

John_Pierpoint

Surely the increase in prices simply reflects the tendency our "society" has to borrow from the future - kick the can down the road so our grandchildren can worry about finding a solution?
At the heart of this is the problem of the exponential curve or the compound interest effect if you prefer, coupled with the deliberate government policy of debasing the currency.

Take any 1960's price, especially if it is a commodity being extracted from spaceship earth, and multiply it by 10 then add half as much again and that will be something like today's price.
With anything denominated in money losing its value by a government sponsored percentage (currently 2% but actually more like 5%) is it any surprise that people are prepared to pay "silly money" prices to buy houses?
[The rule of 72 means that at 5% the calculation is 72/5 = 14.4 which means that your money halves in value every 14 years.]

If we couple that with the latest census return that shows a population growing at over 7% a decade (doubling in a century) it is little wonder that homes are small and expensive now.

[ Perhaps I just want to pull up the drawbridge because I live in a borough adjacent to London that wants to build 18,029 new homes in the next 15 years to accommodate a population in the process of growing from 150,000 souls (in 90,500 homes) to a population of 207,000 ].

margaretclare

SKI-ing with a vengeance - going to have breast reduction tomorrow in the private sector.

pollypenny

All the very best, MC.

Hope it goes well and you'll be a new woman afterwards.:)

tanith

Hope all goes well MC you're a braver woman than me..
We just spent a good lump on having our bath taken out, and a long shower tray put in with glass panels so now have a lovely walk in shower. So much easier than climbing into the bath for a shower.. my SIL spent ages tracking down the tiles we used when we had the bathroom done about 7yrs ago , so he could retile where the bath came out, it look fab you'd never know it hadn't always been like that..

NAR

margaretclare wrote: »

SKI-ing with a vengeance - going to have breast reduction tomorrow in the private sector.

The lengths some people go to just to lose weight! :rotfl: :rotfl:

Hope the operation is a great success Margaret.

margaretclare

NAR wrote: »

The lengths some people go to just to lose weight! :rotfl: :rotfl:

Hope the operation is a great success Margaret.

You could say that. In fact I lost about 15 kg over the last 3-4 years, but doing so made me look more out of proportion at the front. Being a small person made a difference - with 5 inches more height it wouldn't have looked so bad. Now down 850g x 2 since yesterday. From 36GG to 36A/B.

It wasn't only the appearance, it was the discomfort, the soreness, the backache, neck-ache, you name it.

Home tomorrow.

pollypenny

So glad it went well, MC.

NAR

MC I was only joking,I'm glad that the op has made such a positive outlook to your life. :j

seven-day-weekend

Well Done, MC