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Dave Beans

(How) Would You Change Your Life If You Didn't Have To Pay Such Astronomical Housing Costs?

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I'd have a well stocked library and wine cellar. The comfy chairs would have been reupholstered in leather.

My art collection would be quite a bit larger too.

I'd actually have a car.

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If house prices were 3x average wage, I'd would have pretty much paid off the mortgage on a small house or have enough in savings to do it by now. I would then be able to start saving to an early retirement. I would also take out private healthcare.

Not really bothered about having new cars/tele's etc, so would probably have minimal outgoings and lot's of savings building up. Would also take 2 holidays a year - At the moment I'm lucky to have one.

Would also be a lot healthier and less stressed.

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I love living in the UK.

But I would allow myself an extended holiday to guaranteed sunshine during the months of January and February.

B)

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Easy, I wouldn't have left the UK.

The correct answer is that most people would buy a nice house, with a garden, room for hobbies, etc... and because of the change in economic perspective noboy would think they were rich. :rolleyes:

So who would be living in all the thousands of flats?

Which fields would have been built on to create all those houses lovely houses within commutable distance of work?

Even if houses were cheaper there can't be a situation where we all have a 4 bed detached house down the road from work.

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For me it would be a question of time, to be free to choose how I spent it......when you work 9 to 5 for someone they own much of your life.....it is nice to be free from the tackles, free so your time is your own, free from restrictions that tie you down. ;)

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Women could go back home.. just look at how 'successful' our companies and government institutions have been since women entered them.

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Women could go back home.. just look at how 'successful' our companies and government institutions have been since women entered them.

The only good thing since this is that you can watch, for free online, a company of men entering a woman.

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For me it would be a question of time, to be free to choose how I spent it......when you work 9 to 5 for someone they own much of your life.....it is nice to be free from the tackles, free so your time is your own, free from restrictions that tie you down. ;)

Absolutely love this.... Great fecking track.. Long time no hear...Thank you !!!!

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Probably would have had an extra kid and non-working wife.. Or just lived much closer to work.

Probably would have had an extra wife and a non-working kid...

On a more serious note, I'd have had disposable cash that I could have put to work, ideally in the local economy by helping a start up, creating demand etc. .

Course the extra wife would have cost a packet......

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I am just about to change my life because of the astronomical housing costs.

It no longer pays me to work in London. It is actually more economically viable for me to give up work all together and live somewhere cheaper on my savings. What surprises me is that this calculation doesn't apply to more people.

But to answer the original question - if I had never had to worry about astronomical housing costs I would probably already be working less - but I would have spent plenty more on other things too:

Sports car, big gun , knives, big dog etc on the one hand

Fluffy kittens, herb farms, and art ( espcially garden sculpture) on the other

And some on therapy for the split personality of course.

Nothing, however, on 60inch plasma TVs, flash trainers, new *****ing sofas or a week in Ibiza

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I am just about to change my life because of the astronomical housing costs.

It no longer pays me to work in London. It is actually more economically viable for me to give up work all together and live somewhere cheaper on my savings. What surprises me is that this calculation doesn't apply to more people.

But to answer the original question - if I had never had to worry about astronomical housing costs I would probably already be working less - but I would have spent plenty more on other things too:

Sports car, big gun , knives, big dog etc on the one hand

Fluffy kittens, herb farms, and art ( espcially garden sculpture) on the other

And some on therapy for the split personality of course.

Nothing, however, on 60inch plasma TVs, flash trainers, new *****ing sofas or a week in Ibiza

Disagree on the sofa. Its something I've never spent money on because I generally flyt- ... i mean bin it every time I move to a new rented place.

One day I shall own my own home, and sofa. Probably a wingback.

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I am just about to change my life because of the astronomical housing costs.

It no longer pays me to work in London. It is actually more economically viable for me to give up work all together and live somewhere cheaper on my savings. What surprises me is that this calculation doesn't apply to more people.

It probably does, it's just that we need to unplug ourselves from the Matrix.

Back to the original question, I'd do exactly what I did in 1997 when I bought my second house, and housing costs were much cheaper. Not work full time/do something I actually enjoyed, visit amazing parts of the world, wakeboard all day and come home in time to cook Mr Starla's tea.

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Nothing, however, on 60inch plasma TVs, flash trainers, new *****ing sofas or a week in Ibiza

Is it a crime to buy new furnitre or buy a large TV if they are affordable and needed?

If housing didnt cost so much them wages likely wouldnt be as high as they are. And the cost of living would be comparable.

I doubt that anything would be different tbh.

Have wages/salaries/contract rates really gone up that much? I'm earning a lot less in real terms than I was 10 years ago (more due to nature of work, flexibility, location and type of employer, even though my current job is more "senior"), but i seriously doubt that take home for the same job would have kept up with HPI. even in my current position I've had very little in the way of a pay rise in the last 4 years. a few poxy bonuses, but far less than real inflation as a percentage of my pay.

As far as what I'd do differently if cost of housing was less:

Give my kids a better education.

Maybe keep my car rather than sell it.

Take a "career" break to focus on personal projects

I'd not buy a bigger TV.... but I would convert one of the spare rooms into a propper home cinema.

Give my wife the chance to go back to working part time or give up altogether.

Spend more holiday time in the Alps (snowboarding etc.)

Buy some livesock and plant the garden to become more self sufficient.

Guess if I want to acheive any f that I'll have to get a "job" as an MP so I can fiddle it all on expenses :-)

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So who would be living in all the thousands of flats?

Which fields would have been built on to create all those houses lovely houses within commutable distance of work?

Even if houses were cheaper there can't be a situation where we all have a 4 bed detached house down the road from work.

Err...yes you could. Would require some planning and financial encouragement to prevent every business wanting to be in London though, together with a stable job market.

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Err...yes you could. Would require some planning and financial encouragement to prevent every business wanting to be in London though, together with a stable job market.

I think it would require more than "some planning and financial encouragement" though - the government already does things like that and yet the divides within the UK are bigger than ever.

To give everyone "a 4 bed detached house down the road from work" would need more like full blown communism. Trouble is the workers wouldn't do the jobs very well, as socialists discovered.

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Easy, I wouldn't have left the UK.

+ 1

Left in 2005. I don't regret it, but I'd probably be looking to come back about now to start family etc if I could afford it. I can't, so I'll just continue to not spend my time and money in the UK.

C'est la vie.

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I'm in the 'don't think it'd work' camp too. If I had more money spare, (lets say houses cost 1/2 of what they do today), I'd have a house thats twice as nice. I'm comfortably a higher rate tax payer, but here (Brighton) I can only afford a terrace house out of town a bit. Twice as much spending power would get me a semi in a nicer part of town. I think, certainly down here, a lot of people would be the same. Except in very populous areas, no-one wants to live in a flat, its just all they can afford, and if all those people could suddenly buy houses, that's probably what they'd do, and then prices would rise..

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I think it would require more than "some planning and financial encouragement" though - the government already does things like that and yet the divides within the UK are bigger than ever.

To give everyone "a 4 bed detached house down the road from work" would need more like full blown communism. Trouble is the workers wouldn't do the jobs very well, as socialists discovered.

Nothing hard about building decent quality council housing, we managed it half a century ago.

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I think it would require more than "some planning and financial encouragement" though - the government already does things like that and yet the divides within the UK are bigger than ever. To give everyone "a 4 bed detached house down the road from work" would need more like full blown communism. Trouble is the workers wouldn't do the jobs very well, as socialists discovered.

The answer is fiscal decentralisation (it works in other countries). Britain is one of the most centralised economy's in the world, which is why everyone wants to live and work in the same square mile of London.

Step out of that mentality (if you can) and you'll see that Britain is a huge country with lots of unused potential.

The whole distance-to-work/size-of-house thing should be sorted out by the market, I.e. business moving to cheaper areas, taller buildings in cites, etc. If you want to walk to work, what's wrong with a 4 bedroom flat?

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The answer is fiscal decentralisation (it works in other countries). Britain is one of the most centralised economy's in the world, which is why everyone wants to live and work in the same square mile of London.

Step out of that mentality (if you can) and you'll see that Britain is a huge country with lots of unused potential.

The whole distance-to-work/size-of-house thing should be sorted out by the market, I.e. business moving to cheaper areas, taller buildings in cites, etc. If you want to walk to work, what's wrong with a 4 bedroom flat?

Cough, splutter.....well wrong there, never heard of wanting to escape the rat race? ;)

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Had a rough plan that has been going for 6 years now.

Hot wife, No kids (17 years together she still doesn't want them, thank goodness!)

Dance, cycle and drink my way through life with my gal.

A hobby job setup and ticking over in case of those 50's unemployment blues (as opposed to those 30's unemployment blues lol).

Place to live paid off by 40, if parent sells up handing over an early inheritance we'll get a slightly bigger home with a lodger, nothing flash.

40+ plan for retirement, likely a mix of lodgers, hobby jobs, and other fantastical plots that will never get off the ground.

Job losses and crap pay have all been damn frustrating but we still seem to be on track.

If all this unemployment, high house prices junk was not about I probably would be a father of 2, nice house with a garden, vigilantly purchasing a newspaper as a lifestyle statement.

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