Budget 2021: Mortgage guarantee to help buyers with 5% deposit

[FoxEye]

And the circle jerk begins...

Don't forget to wash your hands when you're done.

 

[413x]

https://amp.theguardian.com/busines...l-end-badly-for-those-who-can-least-afford-it

Ignore the headline.

If the figures are correct you it just makes clear the ever increasing divide.

I'm glad I want to live in a relatively cheap area. My wage seems to carry well around the country which helps a lot. But yeah its hard. I chose to live in a horrible one bed flat in final stages pre ownership.

It was still 500ppm. And it Wasn't even a desirable location.

Anyone who needs space for kids etc. Going to be near impossible to get on that ladder

 

[Uther]

You've already announced you intend to leave. You have form for intending to do things and then don't do them though.

Just be at peace with that decision, leave, make something of your life (or don't) and do what everyone else I've know that has done it does, come back with your tail in between your legs admitting the rest of the world is just as ****.

The UK isn't for everyone, but I've seen enough romanticising of other countries to know that most of the time it's foolishness. No matter where you go in the world there is a group of people in that country that will be **** on from a great height, how sure are you that it won't be you when you get there?

Really? My best mate emigrated to Oz years ago and has never regretted it for a second. Considering he would be considered blue collar he's had much better houses and lifestyle over there than he would ever have got here. Not sure where Foxeye is intending to go though.

 

[413x]

Really? My best mate emigrated to Oz years ago and has never regretted it for a second. Not sure where Foxeye is intending to go though.

I can't believe people come back from NZ and Oz. Those are the crazies

 

[Fubsy]

Really? My best mate emigrated to Oz years ago and has never regretted it for a second. Not sure where Foxeye is intending to go though.

Really. Oz is an odd one though, some went and stay (but had a lot of support, moving with family) where as others went with "savings" and came back pretty sharpish as they couldn't seem to break into the job market. You'll likely get different results depending on the plans people make, their expectations and employability.

Anyone who needs space for kids etc. Going to be near impossible to get on that ladder

Oh yea kids. That's a luxury and a half unless you have support around you to pay for things, take on care and a state school system that will not break them by the time they reach 18. We would have to downsize to a flat to afford children or move back north near family and give up careers.

@FoxEye I'm not having a go at you. (I wrote a long message, but honestly I feel for you and the position you find yourself in. I see you as being in the helpless position I was in a decade ago living in my mum's spare room with a 30 hour retail contract where they treated a pay rise as 5p above NMW. I appreciate it's worse now. Sorry is all I can offer.)

 

[FoxEye]

https://amp.theguardian.com/busines...l-end-badly-for-those-who-can-least-afford-it

Ignore the headline.

If the figures are correct you it just makes clear the ever increasing divide.

I'm glad I want to live in a relatively cheap area. My wage seems to carry well around the country which helps a lot. But yeah its hard. I chose to live in a horrible one bed flat in final stages pre ownership.

It was still 500ppm. And it Wasn't even a desirable location.

Anyone who needs space for kids etc. Going to be near impossible to get on that ladder

Maybe in the end it comes down to two things.

There are too many humans, and secondly, human nature is inherently selfish and destructive.

Everything atm seems to be a very precariously balanced house of cards. Our various civilizations have covered the Earth, but not one in its entire history has proved to be a stable or sustainable one, long-term. All our civilizations peak and then die.

We endlessly go forwards in cycles of boom and bust. We're due a bust soon, methinks.

 

[Deleted User 298457]

Really? My best mate emigrated to Oz years ago and has never regretted it for a second. Considering he would be considered blue collar he's had much better houses and lifestyle over there than he would ever have got here. Not sure where Foxeye is intending to go though.

I think unfortunately he is in dreamland if he thinks any country with a points scoring system would let him in.

 

[FoxEye]

Really? My best mate emigrated to Oz years ago and has never regretted it for a second. Considering he would be considered blue collar he's had much better houses and lifestyle over there than he would ever have got here. Not sure where Foxeye is intending to go though.

Not Oz! Everything out there is poisonous/venomous and wants to kill you. Including the beer, if Fosters is anything to go by

But more seriously, the people who I personally know who enjoyed their time in Oz were sun-lovers Who talked fondly of 40 degree daytime temps as tho they weren't pure murder

Wherever I go will be a bit cooler!

 

[413x]

Maybe in the end it comes down to two things.

There are too many humans, and secondly, human nature is inherently selfish and destructive.

Everything atm seems to be a very precariously balanced house of cards. Our various civilizations have covered the Earth, but not one in its entire history has proved to be a stable or sustainable one, long-term. All our civilizations peak and then die.

We endlessly go forwards in cycles of boom and bust. We're due a bust soon, methinks.

I think it does. Its in us all to be selfish. I mean it's very essence of instinct. And people don't really care about others. Especially those who often get to the top. Because you rarely get to the top being nice.

Just way the world is. It could be a lot bette . But individuals don't like giving things up. Housing. We don't need a nice house. But we all want it . Massive TV, fancy car etc etc.

It's a bit weird thinking on those lines as you get to the philosophy side of things. But yeah. In the end.. Nature exploits. We are just better at it. And individuals are better at it than others.

The volume of humans will eventually 'correct' one way or another. Everything peaks and troughs. We just have the tech to fight it a bit longer

 

[FoxEye]

It's a bit weird thinking on those lines as you get to the philosophy side of things. But yeah. In the end.. Nature exploits. We are just better at it. And individuals are better at it than others.

To me it's weird *not* to think in those terms.

I don't really understand how people can go about their daily lives and be content living as you describe. How we don't want to look at the big picture, or acknowledge how awful we are as a species. I mean, genuinely awful. You just have to look around at the consequences of our actions.

We don't just abuse each other, we abuse the planet and everything in it. For purely selfish, short-term gains.

Humans are collectively and individually mad. They have to be.

 

[413x]

To me it's weird *not* to think in those terms.

I don't really understand how people can go about their daily lives and be content living as you describe. How we don't want to look at the big picture, or acknowledge how awful we are as a species. I mean, genuinely awful. You just have to look around at the consequences of our actions.

We don't just abuse each other, we abuse the planet and everything in it. For purely selfish, short-term gains.

Humans are collectively and individually mad. They have to be.

Ignorance is bliss.
I'm no saint.i could eat no meat. But I eat very little. Especially no chicken or fish.
But I do buy crap. Like electronics etc.

There's a balance between being all consuming and living in perpetual misery because we are killing the world.

I have to admit I hide from the vile disgusting animal abuse around the world. People are disgusting I agree. Completely agree. I freely admit I care more about nature than people.

I wish I could say I'm not having kids for moral reasons. But I don't want them.


Its depressing to think about it. No wonder people live in bubbles.


Really, we need to move to a sustainable housing system. Simple energy efficient cheap housing that is eco friendly as best as possible. It would be cheap too. If property market does die. Maybe this will bear out. If the outlook on property was negative it would change everything.

 

[randomshenans]

I scanned in here and heard circle jerk so here I am!


I don't know why they don't just do longer loan periods like they do in Switzerland. 50yr mortgages are the norm due to house prices being higher. You still have a 20% deposit here but your loan period is much longer meaning you're better off every month.

 

[Deleted User 298457]

To me it's weird *not* to think in those terms.

I don't really understand how people can go about their daily lives and be content living as you describe. How we don't want to look at the big picture, or acknowledge how awful we are as a species. I mean, genuinely awful. You just have to look around at the consequences of our actions.

We don't just abuse each other, we abuse the planet and everything in it. For purely selfish, short-term gains.

Humans are collectively and individually mad. They have to be.

You really do throw stones in glass houses don't you?

What have you done for the betterment of society? You are a literal cost to society as you work for a non-profit making organisation that is funded by tax payers. The more I pay you, the less I can pay for things that really matter like social care and affordable housing.

The sooner councils are allowed to offshore all of this crap the better.

 

[randomshenans]

To me it's weird *not* to think in those terms.

I don't really understand how people can go about their daily lives and be content living as you describe. How we don't want to look at the big picture, or acknowledge how awful we are as a species. I mean, genuinely awful. You just have to look around at the consequences of our actions.

We don't just abuse each other, we abuse the planet and everything in it. For purely selfish, short-term gains.

Humans are collectively and individually mad. They have to be.

So what are you going to do about it? Pick your battles if you feel that strongly, or waste your life complaining about **** you can't control.

 

[HACO]

Really, we need to move to a sustainable housing system. Simple energy efficient cheap housing that is eco friendly as best as possible. It would be cheap too. If property market does die. Maybe this will bear out. If the outlook on property was negative it would change everything.

Realistically, the only way this can ever happen in this country is a complete collapse of the political and economic system. That can happen when the demographics changes and the young people who have been at the rough end of the stick for so long become the majority. Historically, this is how most dynasties collapsed.

 

[FoxEye]

So what are you going to do about it? Pick your battles if you feel that strongly, or waste your life complaining about **** you can't control.

There is no solution. We are incapable of changing our nature. The evidence is all around us and in centuries of documented history.

That is why life is so depressing. You can merely observe, not change a damn thing.

 

[413x]

Realistically, the only way this can ever happen in this country is a complete collapse of the political and economic system. That can happen when the demographics changes and the young people who have been at the rough end of the stick for so long become the majority. Historically, this is how most dynasties collapsed.

Could happen too. I guess that's why 95 percent mortgages are a great 'in my lifetime' fix.

It invests a whole load more people in the 'I don't want house prices to crash' club.
Only when it gets to breaking point will it all fall away.


Got to say for the demographic the tories represent. It's a great play to keep things going for that generation. And those already in.

 

[Deleted User 298457]

There is no solution. We are incapable of changing our nature. The evidence is all around us and in centuries of documented history.

That is why life is so depressing. You can merely observe, not change a damn thing.

Oh man you really need to get yourself some support fella. Life isn't all that bad and your situation doesn't sound all that bad either.

 

[413x]

Oh man you really need to get yourself some support fella. Life isn't all that bad and your situation doesn't sound all that bad either.

That's thing. It's so easy to think that, and be miserable, jealous etc. And it does no good. Unless you're going to make changes, which you should do, it's better to try and make most of it and do what you can.
We do have it good over here.. Relatively.

Life's so short. And things can change so rapidly.

 

[Puzzled]

There is no solution. We are incapable of changing our nature. The evidence is all around us and in centuries of documented history.

That is why life is so depressing. You can merely observe, not change a damn thing.

Then why worry about it, focus on the things you can change or you'll just be miserable for the rest of your life.