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Prices Wont Fall, They Tell Me.......


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Guest pioneer31
@uro who:

Uro, what kind of job pays £100k and is totally recession-proof? Brain surgeon? Top brass in the civil service? Gangster? :ph34r:

I would have thought that kind of household income was in the top 1%, personally.

MP (they get over 100k once you add on expenses and perks and they are immune from just about every financial disaster because they make it so.)

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I agree! But in moments of extreme bubble mania (now) people are getting ahead by sheer speculation as opposed to hard work. Others who have worked hard have seen their saving destroyed in relation to rampant asset inflation.

A fair (free) economy would reward SAVERS and discourage RAMPANT SPECULATION.

Oh well, what the market giveth the market will one day taketh!

I'm all for rampant speculation. It's an important part of a market economy.

Look at the true meaning/etyomology of the word speculate and you'll find it means someone who anlayses situations and future trends and acts accordingly. Any sensible speculator would be exiting UK housing right now.

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OF COURSE there's a wage disparity.

My best mate lives in Windsor, and is on £24k PA. As a security guard. I'm an IT engineer in York, on £17k. But what can you do?

The IT market's saturated at the moment... I've even had one prospective company haggle down a salary to see if I was desperate enough to accept it.

Somehow, I didn't think £13k is a fair wage for providing 24x7 support for Oracle Financials in London, where I could earn double that just by guarding the front door!

And don't give me that pony about "but it's cheaper up North". It isn't THAT much cheaper (beer being the exception - £1.10 a pint around here, £2.00+ in Slough).

In point of fact, when I sold my house in Slough, it was CHEAPER than any of its equivalents in the York area.

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OF COURSE there's a wage disparity.

My best mate lives in Windsor, and is on £24k PA. As a security guard. I'm an IT engineer in York, on £17k. But what can you do?

The IT market's saturated at the moment... I've even had one prospective company haggle down a salary to see if I was desperate enough to accept it.

Somehow, I didn't think £13k is a fair wage for providing 24x7 support for Oracle Financials in London, where I could earn double that just by guarding the front door!

And don't give me that pony about "but it's cheaper up North". It isn't THAT much cheaper (beer being the exception - £1.10 a pint around here, £2.00+ in Slough).

In point of fact, when I sold my house in Slough, it was CHEAPER than any of its equivalents in the York area.

What is your skillset? I have been looking at the job market recently for my IT skill set (J2EE Team Leader) and salaries have been steadily rising.

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What is your skillset? I have been looking at the job market recently for my IT skill set (J2EE Team Leader) and salaries have been steadily rising.

MCSA (Windows 2000 Server); 5+ years' Novell & NT/2000 network administration; Citrix, Terminal Services & PCAnywhere; Checkpoint & Stonegate firewalls; Exchange & AD support; desktop PC support; network cabling & infrastructure; wholesale system deployment & migrations; AV solutions (McAfee, ePO, Sophos); Access, VB & SQL development; Sage, SalesLogix & Oracle Financials... I hope to be proficient with identity & access management (SiteMinder, IdentityMinder, Provisioning etc) by the end of this year.

I'm b*ggered if I can remember everything else. Been and done just about everything.

Round here there are a few contracts which offer lots of money.

But it is a bit demented that in most parts of Yorkshire you'd need to spend £3000 on certification to get a £12k job in DESKTOP support (where Microsoft certification is way OTT).

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What is your skillset? I have been looking at the job market recently for my IT skill set (J2EE Team Leader) and salaries have been steadily rising.

I'd agree, I think its got to the point in IT now where the market has peaked. They don't have to take just anybody anymore.

But if you have real skills then the money is there. When demand was high PC support types got a decent wage but these days people with these sorts of skills are 2 a penny. You need to be in development or DBA work to get the real bucks.

This isn't meant to be offensive but why I saw your little skills resume I said jack of all trades master of none. I'm sure your good at all of them but specialism is what its all about.

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OF COURSE there's a wage disparity.

My best mate lives in Windsor, and is on £24k PA. As a security guard. I'm an IT engineer in York, on £17k. But what can you do?

The IT market's saturated at the moment... I've even had one prospective company haggle down a salary to see if I was desperate enough to accept it.

Somehow, I didn't think £13k is a fair wage for providing 24x7 support for Oracle Financials in London, where I could earn double that just by guarding the front door!

And don't give me that pony about "but it's cheaper up North". It isn't THAT much cheaper (beer being the exception - £1.10 a pint around here, £2.00+ in Slough).

In point of fact, when I sold my house in Slough, it was CHEAPER than any of its equivalents in the York area.

Beer £1.10 a pint???????????

I live near York and beer's £2..00 a pint in a typical pub..........."2.50 town centre bars........and £1.60 in private clubs.....eg Working man's club

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But it is a bit demented that in most parts of Yorkshire you'd need to spend £3000 on certification to get a £12k job in DESKTOP support (where Microsoft certification is way OTT).

To be honest I wouldn't be in IT for that kind of wage...IT jobs are impossible to love that much! My wife doesn't have a degree and earns well over £30k including bonus, so where is the point in being so qualified when you can barely even scrape together a living wage? This is what COAB always bangs on about, although I must admit I don't know any qualified people who earn less than £30k.

tstaddon, do you have a proper Uni degree?

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I experience lies in software development so I guess the market is entirely different for me.  I'm on £45k in London and I think I could easily get £10-15k more than this in the current market.

I dont want to sound too doom and gloom however I think software development will be the main IT jobs to go offshore in the next few years, many have already gone, I develop electronic products, any software required I get from guys in India via rentacoder, they charge a couple of dollars an hour, no language or other problems. My Brother-inlaw works in Docklands, software position for one of the major banks, degree from Cambridge, earns plenty at moment but tells me his job may be going offshore soon, planning to move to OZ if this happens, seems to be a theme there :(

I am not an expert in Software and IT in general, electroonics is my bag, however these sorts of signs point to a probable wage deflation in IT in the medium term for UK employees, please let me know if I'm talking rubbish, its not my area :)

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******** to wage equality.

I spent years at college and uni to get where I am,why should a chav who's only skill is dodging bail earn the same amount as I do?

you reap what you sow.....what kind of society do you want to live in?

one where people are encouraged to better themselves,or one where people sit on their fat a***es all day,smoking pot and being brainwashed by richard+judy?

these people are parasites!time to call rentokil!

Thousands already do earn the same as chavs after spending years studying. Ever seen those 12k graduate trainee jobs calling for various levels of 'experience'?

Add in student debt all the grads underemployed in sub-15k non-graduate McClerical roles, and you have a reality where lots of educated, upstanding, intelligent people are pretty much living in poverty.

High housing costs, low pay. A double whammy.

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I dont want to sound too doom and gloom however I think software development will be the main IT jobs to go offshore in the next few years, many have already gone, I develop electronic products, any software required I get from guys in India via rentacoder, they charge a couple of dollars an hour, no language or other problems. My Brother-inlaw works in Docklands, software position for one of the major banks, degree from Cambridge, earns plenty at moment but tells me his job may be going offshore soon, planning to move to OZ if this happens, seems to be a theme there :(

I am not an expert in Software and IT in general, electroonics is my bag, however these sorts of signs point to a probable wage deflation in IT in the medium term for UK employees, please let me know if I'm talking rubbish, its not my area :)

You are correct. A good portion of the developers I manage are off-shore. To make it in IT these days you need much more than just solid technical skills.

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Guest Cletus VanDamme
... although I must admit I don't know any qualified people who earn less than £30k.

tstaddon, do you have a proper Uni degree?

I have two degrees with a professional qualification, but earn less than £30K. Then again, I work for the NHS, and if you're a physio or other kind of therapist the most you can ever hope to earn in the public sector is about £30K.

Cletus

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Thousands already do earn the same as chavs after spending years studying

So maybe the chavs were the smart ones who didn't waste years at university for nothing?

My wife doesn't have a degree and earns well over £30k including bonus

What line of work is she in?

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To be honest I wouldn't be in IT for that kind of wage...IT  jobs are impossible to love that much!  My wife doesn't have a degree and earns well over £30k including bonus, so where is the point in being so qualified when you can barely even scrape together a living wage?  This is what COAB always bangs on about, although I must admit I don't know any qualified people who earn less than £30k.

tstaddon, do you have a proper Uni degree?

I earn 30K working as an Electronics component buyer in the south west, relocated back from Slough a couple of years ago with the same company, London and the southeast is a completly diffrent jobs market, out in the provinces 20K plus is pretty good. If I lose my job I will have to go self employed to continue earning 30k plus.

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  • 439 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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