Cameron's housing plans

bet some people wish they tried harder at school now :rolleyes:

Great point. Never thought about this. I left school with good qualifications and completed a degree in 1990.
Many students at my school never cared for education. Haing said that the teachers were pretty chap.
 
Great point. Never thought about this. I left school with good qualifications and completed a degree in 1990.
Many students at my school never cared for education. Haing said that the teachers were pretty chap.

There are quite a lot of angles to it - some of the highest earning people from my year at school didn't do that well at school, some of the brighter ones with straight As are working minimum wage (or close to it I'd guess) in retail.
 
I often find their problem solving skills are better than "Degree educated professionals". At least where I am and the people I have contact with.

I have seen a change back to school/ college leavers from graduates.

I imagine employers feel a lot of the time they are getting more for their money so to speak, due to various reasons.
 
Way above what is acceptable for their lack of education when compared to degree educated professionals IMO

degrees are pretty common these days and vary wildly in their usefulness in the workplace

I don't see it as being unacceptable that someone in a useful trade currently in demand would earn more than someone who's chosen to spend three years studying something that ends up being of minimal use to the career they then pursue - simply having a degree shouldn't entitle you to earn more, especially if you end up in a job that doesn't really need that degree in the first place
 
There are quite a lot of angles to it - some of the highest earning people from my year at school didn't do that well at school, some of the brighter ones with straight As are working minimum wage (or close to it I'd guess) in retail.

This is my view as well. It all falls down to individual motivation to work towards what you want. You want a house? well save for it and cut back or work towards a job which will get you there quicker. I'm sorry but I cant help but feel there is such a feeling of self entitlement in this country, it actually blinds people that getting something like a mortgage wont just be handed to you.

Some of my friends got mortgages with inheritance, good for them. My wife and I worked our asses off to save for one, no hand outs, no help, just a plan. We got a mortgage which didn't make us house poor just to get one i.e. sensible. I don't get why so many people point fingers at others for their current situation.

Obviously I'm ignorant though to the "struggle".
 
This is my view as well. It all falls down to individual motivation to work towards what you want. You want a house? well save for it and cut back or work towards a job which will get you there quicker. I'm sorry but I cant help but feel there is such a feeling of self entitlement in this country, it actually blinds people that getting something like a mortgage wont just be handed to you.

Some of my friends got mortgages with inheritance, good for them. My wife and I worked our asses off to save for one, no hand outs, no help, just a plan. We got a mortgage which didn't make us house poor just to get one i.e. sensible. I don't get why so many people point fingers at others for their current situation.

Obviously I'm ignorant though to the "struggle".

Yes, it's possible. But then you could still say that if it took on average 30 years to save for a deposit, and 20 years to pay off the mortgage. We don't live in such a binary world, that if something is possible, it also must be fair, or beneficial.

The housing market here has become a real problem, and a lot of economists are predicting that it will hamper our growth going forwards.

So not only is the current state of affairs terrible for many would-be home owners, it's bad for all of us.
 
I might agree if everything didn't have a sold sign on it.

Hardly anything is for sale or stays for sale for longer than a week or so.
 
Yes, it's possible. But then you could still say that if it took on average 30 years to save for a deposit, and 20 years to pay off the mortgage. We don't live in such a binary world, that if something is possible, it also must be fair, or beneficial.

The housing market here has become a real problem, and a lot of economists are predicting that it will hamper our growth going forwards.

So not only is the current state of affairs terrible for many would-be home owners, it's bad for all of us.

There is very little job security to factor in also. Compared to... before 2007.
 
I might agree if everything didn't have a sold sign on it.

Hardly anything is for sale or stays for sale for longer than a week or so.

Ultimately though people need a roof over their heads - unlike other commodities the housing market doesn't quite react to supply/demand quite the same as people have a little less luxury of holding out, etc.
 
I might agree if everything didn't have a sold sign on it.

Hardly anything is for sale or stays for sale for longer than a week or so.

But what does that prove, exactly? Do you know how many of those homes were bought to live in? It's theoretically possible (tho totally improbable) that every house you've seen sold was bought by a BTL landlord or overseas investor.

The fact that houses are selling means what? Everything's OK?

The BoE is worried. Economists are worried. Heck, even estate agents are worried. And the whole market is only being sustained by interest rates close to 0%, along with schemes like HTB.

Then factor in that the people who can buy are increasingly only able to do so with financial help from parents. And that the average age of first time buyers keeps going up. And that more and more people in their 30s are still living at home.

All these trends point to a healthy housing market, right?
 
If £150 per hour doesn't motivate people, nothing will.

Whaaaaaaaaaaaaaat?

My brother is a plumber and he has been for a about 8 years now. He earns about £15 /hour.

Which plumbers are making 10x that? Or did you just pluck that number from the sky?
 
If your brother is earning £15 an hour as a qualified plumber then he is seriously doing something wrong. Is he gas safe?
 
Back
Top Bottom