I think relationships are on the decline. So more people are struggling to get on the ladder as 2 people are needed.
Mortgage Rate Rises
- Thread starter glenimp617
- Start date
I think relationships are on the decline. So more people are struggling to get on the ladder as 2 people are needed.
Soldato
- Joined
- 12 Feb 2006
- Posts
- 17,908
- Location
- Surrey
prices then have to come down if big enough chunks of buyers are single people, or there needs to be houses for them. i know all my single friends have bought cheaper small mid terreced properties , or there needs to be some government help for single buyers but then that just continues to push house prices up
Probably longer and longer mortgages.
Whatever it takes to keep house prices high.
Don't think we will see much house price growth now. Not with our stagnant wages.
I guess the unknown is what will the wealth pass down look like?
The single people i know not on big wages are simply getting in to the shared ownership game, so you pay a rent on top of mortgage. So House prices just seem to be kept even higher than before due to it (new builds)
Last edited:
Yeah another scheme to keep the gravy pouring