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willing

House Prices Rising? Who Cares!

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Is anyone else experienceing this:

For the last two years my salary has increased by an average of 33% yoy, the year before that 14%. I'm not contracting this is a permanent job.

Not that I'm not grateful but isn't there something wrong with this? Is anyone else experiencing completely out of whack salary rises?

Edited by willing

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Is anyone else experienceing this:

For the last two years my salary has increased by an average of 33% yoy, the year before that 14%. I'm not contracting this is a permanent job.

Not that I'm not grateful but isn't there something wrong with this? Is anyone else experiencing completely out of whack salary rises?

**** me you shagging the boss???

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Is anyone else experienceing this:

For the last two years my salary has increased by an average of 33% yoy, the year before that 14%. I'm not contracting this is a permanent job.

Not that I'm not grateful but isn't there something wrong with this? Is anyone else experiencing completely out of whack salary rises?

I wish!!!

My salary is the same as the non-manual male worker's national average from 1989... and it goes up about 3% per year. If I were in your position I probably wouldn't care either... but I'm not and neither, I suspect, are most others. If we were all in your position there'd be no need for this forum.

Anyway, what do you do? Any job going at your place?

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I wish!!!

My salary is the same as the non-manual male worker's national average from 1989... and it goes up about 3% per year. If I were in your position I probably wouldn't care either... but I'm not and neither, I suspect, are most others. If we were all in your position there'd be no need for this forum.

Anyway, what do you do? Any job going at your place?

erm. . .right. . .I now feel like a total @rse! I didn't mean to upset anyone.

I'm 31 and worked as a software manager in defence - we're not public sector.

I graduated in 2001 and this probably explains the salary increases a little, as I started on a pretty low salary of 25K. Every year since then I have threatened to leave unless my salary was increased significantly. It worked for 4 years but this year I think it'll be harder for political reasons. So I have just left and now work as a development director for a small business, risky I know, but my salary increased by 37% and could increase more as there is a 15-25% bonus associated with the post.

My salary still isn't great compared to what I hear on here about you city boys, but I think it is respectable.

I still worry about house prices as I made a prediction in 2003 that they would crash at some point - I just didn't think it would be so long! So the chances are I'll end up buying and take the huge loss I expect to get hit with. After all not buying has allowed me to travel around the country and get my career off the ground (I have a very understanding girlfriend). There has to be a trade off somewhere to balence the wheel, and I guess losing out on property is it.

I don't really know what I want anymore:

An HPC and associated messy recession

Or no recession and ridiculous house prices.

Probably the latter, but I don't think I'll get it!

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Is anyone else experienceing this:

For the last two years my salary has increased by an average of 33% yoy, the year before that 14%. I'm not contracting this is a permanent job.

Not that I'm not grateful but isn't there something wrong with this? Is anyone else experiencing completely out of whack salary rises?

150 posts in 18 months and this is the type of self congratulatory nonsense you deem fit for this forum?

And no bloody AWOOGA in sight. Standards on this board are slipping badly.

erm. . .right. . .I now feel like a total @rse! I didn't mean to upset anyone.

I'm 31 and worked as a software manager in defence - we're not public sector.

I graduated in 2001 and this probably explains the salary increases a little, as I started on a pretty low salary of 25K. Every year since then I have threatened to leave unless my salary was increased significantly. It worked for 4 years but this year I think it'll be harder for political reasons. So I have just left and now work as a development director for a small business, risky I know, but my salary increased by 37% and could increase more as there is a 15-25% bonus associated with the post.

My salary still isn't great compared to what I hear on here about you city boys, but I think it is respectable.

I still worry about house prices as I made a prediction in 2003 that they would crash at some point - I just didn't think it would be so long! So the chances are I'll end up buying and take the huge loss I expect to get hit with. After all not buying has allowed me to travel around the country and get my career off the ground (I have a very understanding girlfriend). There has to be a trade off somewhere to balence the wheel, and I guess losing out on property is it.

I don't really know what I want anymore:

An HPC and associated messy recession

Or no recession and ridiculous house prices.

Probably the latter, but I don't think I'll get it!

So now we know - you got your salary increases by threats and then by leaving to join another company.

That's more like it - good on you.

Can't think why more on here don't follow your example.

FWIW for the 1st 5 yrs after leaving Uni I averaged 25% increase per year. Threatened to leave, did leave, changed career etc. It's what normal people do. Don't feel guilty or overly sentimental about any employer they pay you, you provide a service to them from which they make yet more. It's called business.

Edited by Ignorant Steve

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I still worry about house prices as I made a prediction in 2003 that they would crash at some point - I just didn't think it would be so long! So the chances are I'll end up buying and take the huge loss I expect to get hit with.

Why are so many people coming onto HPC these days saying that they have waited for a house price crash and they can't wait any longer because they HAVE to buy a house - so they are going to do it anyway and they know they'll lose money and be in negative equity but it probably won't be for very long.

OK willing has been waiting two years, but one other poster said this after one month of posting!

Is anyone else infuriated by this?

I don't really know what I want anymore:

An HPC and associated messy recession

Or no recession and ridiculous house prices.

Probably the latter, but I don't think I'll get it!

This strongly suggests that you think that people on HPC want a "messy recession" you are ignoring the fact that people on here are predicting something which they feel cannot be avoided.

OK, granted there are one or two posters who get excited about the prospect of a recession but I think they are either naive or simply reacting to the home owners delighted remarks to the effect of "Oh you missed the boat, you'll never be able to afford a house now! Gosh, that means I'll be rich forever and you'll be poor forever! Who's sorry now? HA HA HA!" - You can kind of understand why someone wishes a recession on such people especially when their wealth usually consists of several interest only mortgages and a wallet full of credit cards.

Loadsamoney may have been vulgar but at least he had a fistful of cash as opposed to the modern equivalents with their fistful of maxed out credit cards.

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Is anyone else experienceing this:

For the last two years my salary has increased by an average of 33% yoy, the year before that 14%. I'm not contracting this is a permanent job.

Not that I'm not grateful but isn't there something wrong with this? Is anyone else experiencing completely out of whack salary rises?

Nope. I got about 3.5% and was graded as "Exceeded" in my tasks!

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Is anyone else experienceing this:

For the last two years my salary has increased by an average of 33% yoy, the year before that 14%. I'm not contracting this is a permanent job.

Not that I'm not grateful but isn't there something wrong with this? Is anyone else experiencing completely out of whack salary rises?

I think its only government jobs that are giving rises over the rate of inflation? Most private sector rises are around 2-3.5%. However, my STM funds did quite well with savings rates at around 4.25% and stock market investments around 16% overall. This year looks scary so I have cashed out a few more stock related items to go to more cash and very short term US bonds.

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when i used to be an employee, the salary i was on in 2000 is more or less the same as they get paid now. so no rises really. and it wasnt that good at the time. + they were w@nkers.

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In the IT industry if you're good and threaten to walk they normally do give you huge rises.

When graduated I started on 18k in London. My first year appraisal was excellent, but they only offered to give me 2k extra. I said it wasn't enough and I'll be looking for other jobs. They said it was the best they could do.

A week later I was offered a job for 35k + car. I resigned and thats when the mfs offered me a rise to £25k, but I said they had to beat the offer I had.

Never looked back.

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Pay rises!!! what are they, in 6yrs have had one of 1.5% and another of 2%, work in telecoms/IT, same with the other half, also in IT, if I calculate the compounded CPI together over the last 6 years, I estimate that Im about 20% down in real terms. If you calculate via the real cost of living increases then at least 30% down. Belive this is common in many industries now, wage deflation, caused by the lowering of bargaining power via offshoring whole sections of manufacturing and services. Hence Im not selling my flat and moving up to an overpriced house any time soon, definitly waiting for House prices to deflate to match current wages.

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The majority of people in the UK have had no need for a pay rise.

HPI and MEW has covered all their added expenses.

When HPI and MEW stops they will need payrises to keep the lifestyle afloat. That's what is happening in the US right now with wage pressure beginning as HPI fades. Up go the IR.

Nice? :)

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The majority of people in the UK have had no need for a pay rise.

HPI and MEW has covered all their added expenses.

When HPI and MEW stops they will need payrises to keep the lifestyle afloat. That's what is happening in the US right now with wage pressure beginning as HPI fades. Up go the IR.

Nice? :)

Lovely :lol:

Yes, HPI and MEW have been the driving factors in the credit boom and spend, spend, spend culture.

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In the IT industry if you're good and threaten to walk they normally do give you huge rises.

When graduated I started on 18k in London. My first year appraisal was excellent, but they only offered to give me 2k extra. I said it wasn't enough and I'll be looking for other jobs. They said it was the best they could do.

A week later I was offered a job for 35k + car. I resigned and thats when the mfs offered me a rise to £25k, but I said they had to beat the offer I had.

Never looked back.

These big IT sector pay rises are the exception rather than the rule now. I graduated in 2003 after doing Computer Science, and although I had a rise of over 30% recently (when I changed jobs), many of my friends from uni have been struggling getting decent work, and arent earning much over 20k.

Also London rates do seem significantly higher then the rest of the UK when it comes to highly skilled work, but then that is partially offset by much higher living costs.

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I'm 31...

... I started on a pretty low salary of 25K

I'm 31 too. I've been in full-time employment for nearly 12 years. My salary is £17K!

£25K pretty low? I could only dream of being paid that much!!

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For the last two years my salary has increased by an average of 33% yoy, the year before that 14%. I'm not contracting this is a permanent job.

Are you an MP by any chance?

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17k :blink: Seriously?

Even up here, thats not even survival money. How the hell do you get by on that?

My mate is a civil servant in Cardiff and he earns £14k. I am a Chartered Engineer with a first in Electrical Electronic Engineering and a Masters in nuclear physics. I am currently a civil servant writing software for the Royal Navy to make sure nuclear submarines do not accidentally destroy Plymouth. We get around 3.5% pay rise a year. I currently am on £24k. I am 31 and have been working since I became an apprentice at the age of 16 doing all my study through night school. We are the evil blood sucking public sector scumbags that are a burden on the taxpayer and do not represent value for money.

Willing, can I apply for a job at your place? I would probably walk the interview.

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My mate is a civil servant in Cardiff and he earns £14k. I am a Chartered Engineer with a first in Electrical Electronic Engineering and a Masters in nuclear physics. I am currently a civil servant writing software for the Royal Navy to make sure nuclear submarines do not accidentally destroy Plymouth. We get around 3.5% pay rise a year. I currently am on £24k. I am 31 and have been working since I became an apprentice at the age of 16 doing all my study through night school. We are the evil blood sucking public sector scumbags that are a burden on the taxpayer and do not represent value for money.

Willing, can I apply for a job at your place? I would probably walk the interview.

If you're as good as you think you are then you owe it to yourself to apply for a better paid job. What's stopping you?

Instead of parading your insecurities about being in a public sector job, get a better paid private sector job. It's a free country you know.

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If you're as good as you think you are then you owe it to yourself to apply for a better paid job. What's stopping you?

The fact that I have a final salary pension and a secure job in a very specialised area that won't be cut during the impending recession.

Instead of parading your insecurities about being in a public sector job, get a better paid private sector job. It's a free country you know.

I'm not insecure about it. The only reason I signed up to this forum is because public sector workers kept getting a beasting for causing the housing boom because we apparently get paid too much money. I am very happy working where I am and I am not motivated by money.

Edited by SCUMBAG

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The fact that I have a final salary pension and a secure job in a very specialised area that won't be cut during the impending recession.

I'm not insecure about it. The only reason I signed up to this forum is because public sector workers kept getting a beasting for causing the housing boom because we apparently get paid too much money. I am very happy working where I am and I am not motivated by money.

So why the original post whingeing about your salary?

You're either happy with the package and stay, or think you can do better and make an effort to change.

I see post after post on here where people are moaning about only getting an inflationary rise. About time people realised that if you put in an acceptable performance that's all you deserve. No employer will throw money away just to keep average workers happy.

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So why the original post whingeing about your salary?

You're either happy with the package and stay, or think you can do better and make an effort to change.

I see post after post on here where people are moaning about only getting an inflationary rise. About time people realised that if you put in an acceptable performance that's all you deserve. No employer will throw money away just to keep average workers happy.

I suppose I didn't make it clear. The original poster gets large salary hikes, works for a government contractor, the cost still ends up with the taxpayer. It's an indirect form of overinflated government wage inflation.

As a side issue, I have usually observed that the very well paid jobs can be cut easily. So in the long term there is little net gain. So perhaps a well paid government contractor is actually providing value for money for the taxpayer after all?

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I've just (today) lost about £600 a month in salary, and I'm working less than last year. My council tax has gone up, as has rent, energy bills, you name it.

I'm just about to kick the stool away. Despite the high cost of living, for some reason it remains popular.

Shavedchimp :(

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  • 338 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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