Cameron's housing plans
- Thread starter robfosters
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What you mean is making money on the back of other people's desperation and misfortune? Check.
Well, according to Balky12, that's your own fault for bad life planning that you decided to move out of home and you should stop whining you can't afford to save £1000 a month, because you're obviously just spunking it all up the wall going out every night.
I mean, why didn't you still live at home while working in London? (of course it doesn't matter that 'home' might be 150 miles from London) then why didn't you get that job in your local area....what, the type of job you're trained for isn't in your area....you self entitled ****, why do you think you have the right to just live in the area you grew up in, just move to get that better job.
Oh wait...
not a great policy imo.
the housing market is broken in this country - house prices are just ridiculous and have been for almost 15 years. i don't know where it will end or how it can be fixed though
i wish i bought a house 15 years ago but i didn't think about it because i wasn't secure in my job (still aren't really, but then who is?).
it would be bad for a lot of people but we really do need a major crash, but its difficult to see that happening any time soon.
the housing market is broken in this country - house prices are just ridiculous and have been for almost 15 years. i don't know where it will end or how it can be fixed though
i wish i bought a house 15 years ago but i didn't think about it because i wasn't secure in my job (still aren't really, but then who is?).
it would be bad for a lot of people but we really do need a major crash, but its difficult to see that happening any time soon.
Well, according to Balky12, that's your own fault for bad life planning that you decided to move out of home and you should stop whining you can't afford to save £1000 a month, because you're obviously just spunking it all up the wall going out every night.
I mean, why didn't you still live at home while working in London? (of course it doesn't matter that 'home' might be 150 miles from London) then why didn't you get that job in your local area....what, the type of job you're trained for isn't in your area....you self entitled ****, why do you think you have the right to just live in the area you grew up in, just move to get that better job.
Oh wait...
Soldato
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As I suspected then. If you're unfortunate enough to have been born into a poor family and don't have a big trust fund behind you and have to rely on social housing you can be denigrated for getting a 'free house'.
But if you were lucky to be given £100k on your 18th birthday and use that for a couple of deposits on houses for BTL, then charge the tenants more than your mortgage payments, also effectively getting a 'free house' (and often also being financed by state if the tennants are on housing benefit), you should be applauded and celebrated.
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Soldato
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Hate the system, not the player.
Pathetic.
Soldato
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As I suspected then. If you're unfortunate enough to have been born into a poor family and don't have a big trust fund behind you and have to rely on social housing you can be denigrated for getting a 'free house'.
But if you were lucky to be given £100k on your 18th birthday and use that for a couple of deposits on houses for BTL, then charge the tenants more than your mortgage payments, also effectively getting a 'free house' (and often also being financed by state if the tennants are on housing benefit), you should be applauded and celebrated.
I got a pair of decent motorcycle gloves and a £5 Woolies gift voucher from my parents for my 18th birthday.
How about you?
Soldato
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Don't like it? Get off your backside and work to change it.
Associate
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Horray! Happy ending for the rich people.
Soldato
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In the main, developers have been holding back to ensure maximum profit. No point building on your land if house prices and the buyer market is not sufficient to give the profit you want. I think it has very little to with affordable/social housing but hedging profit potential. It is a well known process for builders who will buy up land as cheap as possible and only build on it when they stand to make a healthy profit.
Or businesses who buy up land/properties to stop competitors entering their area, but that is another discussion.
No manner of effort is going to change you and your pathetic attitude is it?
Soldato
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There is never going to be enough affordable housing in the South East of England. Instead of trying to keep up with demand, the government should look at encouraging companies to allow full time employees to telecommute as much as possible so they can move to more affordable areas.
I'm hoping to buy in 4 years. But it feels like I'm constantly chasing the end goal. I should have bought 5 years ago... Instead of **** all my money up the wall
I live in Waltham St Lawrence at the moment. The surrounding areas (Reading, Slough, Maidenhead) are all way to expensive for a semi decent house or are in a really bad area.
Truly, I think I'll take my career abroad to the EU as in 4 years.
I live in Waltham St Lawrence at the moment. The surrounding areas (Reading, Slough, Maidenhead) are all way to expensive for a semi decent house or are in a really bad area.
Truly, I think I'll take my career abroad to the EU as in 4 years.
Soldato
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He kind of has a point though. Plenty of folk saying they can't afford are not prepared to put the effort in or make the sacrifices needed to get on the property ladder. That is not to say there is not a problem, but plenty of people on less than extraordinary wages are still managing to buy houses with some forward thinking and financial planning. There is still a huge issue, but more people could be buying than are doing if they really really wanted to.
Or are you suggesting everyone should just be able to wander into the bank and get a mortgage with the click of their fingers? I believe we already tried that and look what happened.
Business is business, I agree, but no point arguing with someone who doesn't have the ability to empathise in the slightest, and if anything, is sadistic about it.
No, but historical averages of 3-4x an average wage meant houses were quite affordable to the average worker, even with much higher interest rates.
Now add in inflation to raise the average wage, increase the multiplier to 10x the average wage and you can see why first time buyers are struggling so much to how they were 20-30 years ago.