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Realistbear

Ch 4: Houses Are Now More Affordable

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http://www.channel4.com/news/content/news-....jsp?id=1607877

Property becomes more affordable

Last Modified: 3 May 2006

Source: ITN

It is claimed rising pay levels and last year's cut in interest rates mean property is at its most affordable level for 18 months.
Jon Pain, managing director at Cheltenham & Gloucester, said: "This is clearly a bit of a relief for first-time buyers, who have struggled with the rapid house price inflation we have seen in recent years.

Give me a B, give me an O, give me a L..............................

:lol::lol::lol:

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Guest Baffled_by_it_all

He's right. I'm sooo relieved things have got more affordable.

Wage inflation? Who's had 25% pay hike in the last 18 months?

Is it those bloody immigrants again!! Damn them!!!!

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Of course house prices are more affordable. Here in the South East, I just can wait to get on the ladder and give almost two-thirds of my take home pay to the bank!

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Wage inflation? Who's had 25% pay hike in the last 18 months?

3 pay rises in last 18 months totalling 20% rather than 25%, but it did include a promotion....

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He's right. I'm sooo relieved things have got more affordable.

Wage inflation? Who's had 25% pay hike in the last 18 months?

Is it those bloody immigrants again!! Damn them!!!!

You'll probably find it is all the employees at C & G who got the huge pay rises.

The ones who are left, obviously as they have just been forced to close their head office in Warwick making all the employees redundant. (so says the local press anyway).

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Guest Fiddlesticks

http://www.channel4.com/news/content/news-....jsp?id=1607877

Property becomes more affordable

Last Modified: 3 May 2006

Source: ITN

It is claimed rising pay levels and last year's cut in interest rates mean property is at its most affordable level for 18 months.
Jon Pain, managing director at Cheltenham & Gloucester, said: "This is clearly a bit of a relief for first-time buyers, who have struggled with the rapid house price inflation we have seen in recent years.

Give me a B, give me an O, give me a L..............................

:lol::lol::lol:

Hmmm, this seems especially rich after today's HBOS figures and the direction which interest rates are (hopefully) about to take!

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  • 301 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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