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killerbee

Ftbers....house Or Life, You Can't Have Both.

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In todays Telegraph on page two. (sorry haven't learnt how to link yet)

Headline: First time buyers need to spend 90% of their earnings on a morgage to get on the ladder.

Didn't get to read the whole article but this means Ftbers face a stark choice, either own a property or live their life. Well it's no choice really so that just leaves the btl to keep the market moving.

No wonder hpi has hit the buffers.

kbee

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Who gives a f**k about first time buyers?

What about the poor second time buyers who are totally priced out of that bigger house they always wanted?

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