Jump to content
House Price Crash Forum
or in excess of

£64K Pa For First Home

Recommended Posts

Has little to do about salary.......all to do about size of deposit......if they had to sell houses on the numbers of people with a £64k salary the whole housing market would grind to a halt tomorrow....

Share this post


Link to post
Share on other sites

In case no one has stated the obvious....

It's a scam

It's a bubble

It's a mega bubble

It's not sustainable

It's state funded through sub-prime liar loans backed by FLS/HTB

It's a ponzi

It's a pyramid

It's banker debt slavery

It's going to collapse spectacularly

#CaveatEmptor

Cf-4OYJWcAIVu77.jpg

Edited by TheCountOfNowhere

Share this post


Link to post
Share on other sites

Discussed on BBC Radio WM this morning. Broadcaster, Adrian Goldberg, made a point of referencing the 15% interest rates he had to pay 'in the early 90s' before concluding that 'interest rates aren't going up anytime soon, so now is a great time to get on the housing ladder.'

His EA guest concurred, adding 'a house is a nice thing to have.'

:blink:

Share this post


Link to post
Share on other sites

Discussed on BBC Radio WM this morning. Broadcaster, Adrian Goldberg, made a point of referencing the 15% interest rates he had to pay 'in the early 90s' before concluding that 'interest rates aren't going up anytime soon, so now is a great time to get on the housing ladder.'

His EA guest concurred, adding 'a house is a nice thing to have.'

:blink:

'a nice thing to have'....what just like a new car when you drive it off the forecourt.;)

Share this post


Link to post
Share on other sites

Discussed on BBC Radio WM this morning. Broadcaster, Adrian Goldberg, made a point of referencing the 15% interest rates he had to pay 'in the early 90s' before concluding that 'interest rates aren't going up anytime soon, so now is a great time to get on the housing ladder.'

His EA guest concurred, adding 'a house is a nice thing to have.'

:blink:

Agree with Winkie's response to that, but "'interest rates aren't going up anytime soon, so now is a great time to get on the housing ladder" thing boils my piss too. Yay, low interest rates for a few years, that means you won't be in any trouble at all when they do eventually go up. The number of idiots who go for a fundamentally unstable position that can only really go in one direction - quite why high prices but low rates is better than the other way around, even if the monthly amount is the same, is beyond me. Personally I'd prefer a situation where the payments are likely to go down at some point, not up.

Share this post


Link to post
Share on other sites

Discussed on BBC Radio WM this morning. Broadcaster, Adrian Goldberg, made a point of referencing the 15% interest rates he had to pay 'in the early 90s' before concluding that 'interest rates aren't going up anytime soon, so now is a great time to get on the housing ladder.'

His EA guest concurred, adding 'a house is a nice thing to have.'

:blink:

Seriously....WTF???? You couldn't make this up.

Share this post


Link to post
Share on other sites

They were saying on the news in Yorkshire that to buy the average family home here you need to earn 44k and have a 25k deposit and that you need to buy now because of the explosion in prices across Yorkshire.

I almost crashed my car i was laughing so hard.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   37 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.