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One Thing I Have Noticed About The Hpc

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I have been on this site since 2005 and been watching everything unravel as predicted over the last year - one thing I have noticed across the board pretty much is that whenever there is an article in the media that people can comment on online- say in the daily mail or the independent or whatever- the comments are pretty much always in favour of a house price crash- people seem tired of it all and just want some normality to return to the uk in terms of being able to afford a home without it being financial suicide- its very interesting as it also goes to show how deeply wrong and against public opinion Labour have it by trying to prop up this crazy market.

Its also interesting that when there are articles about HPC which seem negative, the general consensus is that its not a bad thing anymore- that the media are wrong to portray it in that way. People are weary and maybe want a return to a simpler way of life.

Just thought it was interesting and worthy of note...... :P

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people seem tired of it all and just want some normality to return to the UK in terms of being able to afford a home without it being financial suicide- its very interesting as it also goes to show how deeply wrong and against public opinion Labour have it by trying to prop up this crazy market.

What is so strange about wanting a house where you can live with the wife and raise a family? To be able to do so without being obligated to pay almost all your take home pay. Where if you or the wife gets sick you don't get thrown in the street because you need two incomes. Where the cost of the house is close to what it costs to build.

When I was a kid my father walked to work at the factory. The wife stayed home and looked after us 4 kids. He bought and payed off the house whilst supporting a large family on a single wage. If things went bad he could find work in another factory. If he was sick he could look after the kids while the wife found work. We were not rich but we managed. Now we need duel income just to buy a place to live, there are no secure jobs anymore.

Its a new form of slavery. The people would like a change but we are offered a choice to vote for one party and the other which is exactly the same. None of them are representing the voters. They are wedded to ideology and playing lapdog to advance their career in the political party. We can not make a choice not to elect them and get people in that do what the voters want because we are not given the choice of any such candidate.

Edited by thod

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What is so strange about wanting a house where you can live with the wife and raise a family? To be able to do so without being obligated to pay almost all your take home pay. Where if you or the wife gets sick you don't get thrown in the street because you need two incomes. Where the cost of the house is close to what it costs to build.

When I was a kid my father walked to work at the factory. The wife stayed home and looked after us 4 kids. He bought and payed off the house whilst supporting a large family on a single wage. If things went bad he could find work in another factory. If he was sick he could look after the kids while the wife found work. We were not rich but we managed. Now we need duel income just to buy a place to live, there are no secure jobs anymore.

Its a new form of slavery. The people would like a change but we are offered a choice to vote for one party and the other which is exactly the same. None of them are representing the voters. They are wedded to ideology and playing lapdog to advance their career in the political party. We can not make a choice not to elect them and get people in that do what the voters want because we are not given the choice of any such candidate.

You go girl, kick him to the gutter.

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What is so strange about wanting a house where you can live with the wife and raise a family? To be able to do so without being obligated to pay almost all your take home pay. Where if you or the wife gets sick you don't get thrown in the street because you need two incomes. Where the cost of the house is close to what it costs to build.

When I was a kid my father walked to work at the factory. The wife stayed home and looked after us 4 kids. He bought and payed off the house whilst supporting a large family on a single wage. If things went bad he could find work in another factory. If he was sick he could look after the kids while the wife found work. We were not rich but we managed. Now we need duel income just to buy a place to live, there are no secure jobs anymore.

Its a new form of slavery. The people would like a change but we are offered a choice to vote for one party and the other which is exactly the same. None of them are representing the voters. They are wedded to ideology and playing lapdog to advance their career in the political party. We can not make a choice not to elect them and get people in that do what the voters want because we are not given the choice of any such candidate.

was this your step-mum? My Grandad was a blacksmith, he used to bend iron girders on his chest and throw them up on to the Forth bridge. If he was ever out of work he would cycle miles with the wife in the front basket and a couple of mates on the back until he found something to pay their way.

Seriously though the housing boom is over, I think people are sick of it because prices have got really silly, but a lot of the "homeowners" who write comments and say they want prices to fall are not ready for the reality of the drops IMO. Blanchflower and his 30% is quite funny. They give the sheeple spoonfulls, hoping that they can swallow it better. IMO there is 60% already off across the board, and thats the good stuff. Any seller dropping 30% now still won`t sell. The rubbish is not even going to shift at auction.

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What is so strange about wanting a house where you can live with the wife and raise a family? To be able to do so without being obligated to pay almost all your take home pay. Where if you or the wife gets sick you don't get thrown in the street because you need two incomes. Where the cost of the house is close to what it costs to build.

When I was a kid my father walked to work at the factory. The wife stayed home and looked after us 4 kids. He bought and payed off the house whilst supporting a large family on a single wage. If things went bad he could find work in another factory. If he was sick he could look after the kids while the wife found work. We were not rich but we managed. Now we need duel income just to buy a place to live, there are no secure jobs anymore.

Its a new form of slavery. The people would like a change but we are offered a choice to vote for one party and the other which is exactly the same. None of them are representing the voters. They are wedded to ideology and playing lapdog to advance their career in the political party. We can not make a choice not to elect them and get people in that do what the voters want because we are not given the choice of any such candidate.

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I think people are fed up with politicians and corporates trying to make us all slaves to Capitalism like in the US. It is just not British.

Look at today's programmes on the BBC - endless property porn, numerous progs about buying and sell antiques at car boot sales, auctions, etc, and then that Dragon programme where you have to debase yourself, IMPO, to get the money of some rich people.

I also blame Women... or should that be the Feminists. I can't be bothered to go into the reasons now but I know so many unhappy women, especially in their 30s to early 50s, who are simply miserable, confused about who they are and have no idea what they want. So many of them have bought into this home 'make-over' nonsense and now, heavily in debt, are simply miserable and desperate. I have been surprised to hear some diehard career feminist friends of mine, in recent months, talk about their desire to be a housewife or a Mum at home. I assume that they have simply got tired of it all and/or realised that 'being Men' is a sodding miserable existence anyhow :)

I think by the time we get through this coming crash, (What is it takes us 20 years like the Japanese?), people will be so emotionally drained, let alone financially kaputt, that we may well see major changes in all areas of our lives. Of course, if Uncle Sam's work 'em to death mantra prevails then we are all truly b uggered!

Everybody here, go out and buy Elisabeth Kubler Ross's 'Life Lessons' - you won't regret it.

Note: There are lots of screwed up Men out there also :blink:

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What is so strange about wanting a house where you can live with the wife and raise a family? To be able to do so without being obligated to pay almost all your take home pay. Where if you or the wife gets sick you don't get thrown in the street because you need two incomes. Where the cost of the house is close to what it costs to build.

When I was a kid my father walked to work at the factory. The wife stayed home and looked after us 4 kids. He bought and payed off the house whilst supporting a large family on a single wage. If things went bad he could find work in another factory. If he was sick he could look after the kids while the wife found work. We were not rich but we managed. Now we need duel income just to buy a place to live, there are no secure jobs anymore.

Its a new form of slavery. The people would like a change but we are offered a choice to vote for one party and the other which is exactly the same. None of them are representing the voters. They are wedded to ideology and playing lapdog to advance their career in the political party. We can not make a choice not to elect them and get people in that do what the voters want because we are not given the choice of any such candidate.

Apologies for the non-post earlier!

With regards to this post, this is so true, me and my partner were talking about this earlier (funny how that happens); there are so many obvious factors that need addressing yet our government concentrate on the politically correct bullshiit. I so wish for a candiidate to tell us how it is and that it will take 10 years to sort this shiit out with policies that start within our communities rather than those concerned about the world. I believe home is always the best place to start, and once in order we can venture outside.

So thuckin frustrating!

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Thod is quite right.

Does anyone thing this HPC could be so bad that we could be thrown back to the 1970s or 1960s?

Houses for less that 3x single income? :o

A crappy terrace in some backstreet has to be buyable on a single manual labourers wage, ultimately.

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I think people are fed up with politicians and corporates trying to make us all slaves to Capitalism like in the US. It is just not British.

Look at today's programmes on the BBC - endless property porn, numerous progs about buying and sell antiques at car boot sales, auctions, etc, and then that Dragon programme where you have to debase yourself, IMPO, to get the money of some rich people.

I also blame Women... or should that be the Feminists. I can't be bothered to go into the reasons now but I know so many unhappy women, especially in their 30s to early 50s, who are simply miserable, confused about who they are and have no idea what they want. So many of them have bought into this home 'make-over' nonsense and now, heavily in debt, are simply miserable and desperate. I have been surprised to hear some diehard career feminist friends of mine, in recent months, talk about their desire to be a housewife or a Mum at home. I assume that they have simply got tired of it all and/or realised that 'being Men' is a sodding miserable existence anyhow :)

I think by the time we get through this coming crash, (What is it takes us 20 years like the Japanese?), people will be so emotionally drained, let alone financially kaputt, that we may well see major changes in all areas of our lives. Of course, if Uncle Sam's work 'em to death mantra prevails then we are all truly b uggered!

Everybody here, go out and buy Elisabeth Kubler Ross's 'Life Lessons' - you won't regret it.

Note: There are lots of screwed up Men out there also :blink:

Totaly agreed , I have spoken to many women who are in the work place and dont want to be there. But have to to make ends meet and im talking about women from the top to the bottom of the career ladder. The crap in the press about women only being fullfilled by having a career is just the same as the crap property porn programs. Also as women have continued to rejoin the work force after having kids successive governments have slowly draged more tax from the lower end of earnings. Without people noticing. Apparently after the war which is only a few generations ago a married man with wife not working and two children paid income tax when he hit 80% of the average wage. Today tax kicks in at about 20% of average earnings. Not sure how much National Insurance was then but when I left school in 79 it was just 6% not 11% that we have now , and lets not forget that you pay ni from the first pound of earnings.

Was out the other week with a group of four working mothers of young children none of them wanted to work , all were struggling with child care ect, and one said those women who burnt their bras in the sixties have not really done us any favors have they.

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Totaly agreed , I have spoken to many women who are in the work place and dont want to be there. But have to to make ends meet and im talking about women from the top to the bottom of the career ladder. The crap in the press about women only being fullfilled by having a career is just the same as the crap property porn programs. Also as women have continued to rejoin the work force after having kids successive governments have slowly draged more tax from the lower end of earnings. Without people noticing. Apparently after the war which is only a few generations ago a married man with wife not working and two children paid income tax when he hit 80% of the average wage. Today tax kicks in at about 20% of average earnings. Not sure how much National Insurance was then but when I left school in 79 it was just 6% not 11% that we have now , and lets not forget that you pay ni from the first pound of earnings.

Was out the other week with a group of four working mothers of young children none of them wanted to work , all were struggling with child care ect, and one said those women who burnt their bras in the sixties have not really done us any favors have they.

How come we're all seem poorer when we're suppsoed to be better off than ever?

Does this mean that everything is now relatively more expensive than it used to be - or do we just want more things

It's not just here - it's the same in the USA (and ccould be many other places - don' know)

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Note: There are lots of screwed up Men out there also :blink:

No sympathy requested or expected, but check out my very heartfelt signature.

My Dad was (still is, just retired now :wub: ) a very successful man, who was big in what is now Sh!tCl*te Beecham, who dropped my brother and me at the school bus stop every morning, and was home for tea with us EVERY night. Sometimes he had to travel, but that was the exception.

He was asked to move aside for a younger (i.e. more desperate, more pliable, more "yessir, nossir, threebags full sir - now, what can I lick clean for you today sir...") man a few years back, and I reckon he got out in the nick of time.

Last time I was at home for a whole week to do bedtime and stories for the kids, Mrs B actually asked me if I'd been fired, and was "just waiting for a good time" to tell her.

How does that qualify as an existence, for heaven's sake?!?!

I beg for the day I can have a decent home for my (proudly "Stay at Home") wife and four beautiful children, that I can afford to by without working 80-90 hours a week, every single week, for the "privilege" of being tired and grumpy at them for 36 hours every other weekend.

Bring it on, I say, and let's start to get a grip on what "normal" should mean....

OK. Rant over. Back to the effing grindstone now as I have email to do before bed....

Take care.

B

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I also blame Women... or should that be the Feminists. I can't be bothered to go into the reasons now but I know so many unhappy women, especially in their 30s to early 50s, who are simply miserable, confused about who they are and have no idea what they want. So many of them have bought into this home 'make-over' nonsense and now, heavily in debt, are simply miserable and desperate. I have been surprised to hear some diehard career feminist friends of mine, in recent months, talk about their desire to be a housewife or a Mum at home. I assume that they have simply got tired of it all and/or realised that 'being Men' is a sodding miserable existence anyhow :)

Note: There are lots of screwed up Men out there also :blink:

Totaly agreed , I have spoken to many women who are in the work place and dont want to be there. But have to to make ends meet and im talking about women from the top to the bottom of the career ladder. The crap in the press about women only being fullfilled by having a career is just the same as the crap property porn programs. Also as women have continued to rejoin the work force after having kids successive governments have slowly draged more tax from the lower end of earnings. Without people noticing. Apparently after the war which is only a few generations ago a married man with wife not working and two children paid income tax when he hit 80% of the average wage. Today tax kicks in at about 20% of average earnings. Not sure how much National Insurance was then but when I left school in 79 it was just 6% not 11% that we have now , and lets not forget that you pay ni from the first pound of earnings.

Was out the other week with a group of four working mothers of young children none of them wanted to work , all were struggling with child care ect, and one said those women who burnt their bras in the sixties have not really done us any favors have they.

I disagree. I don't want to be solely a housewife or mother. I enjoy having a career, an income and the independence this brings. However, I would not argue with the fact that many parents would prefer to work part time.

Edited by Buffer Bear

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What is so strange about wanting a house where you can live with the wife and raise a family? To be able to do so without being obligated to pay almost all your take home pay. Where if you or the wife gets sick you don't get thrown in the street because you need two incomes. Where the cost of the house is close to what it costs to build.

When I was a kid my father walked to work at the factory. The wife stayed home and looked after us 4 kids. He bought and payed off the house whilst supporting a large family on a single wage. If things went bad he could find work in another factory. If he was sick he could look after the kids while the wife found work. We were not rich but we managed. Now we need duel income just to buy a place to live, there are no secure jobs anymore.

Its a new form of slavery. The people would like a change but we are offered a choice to vote for one party and the other which is exactly the same. None of them are representing the voters. They are wedded to ideology and playing lapdog to advance their career in the political party. We can not make a choice not to elect them and get people in that do what the voters want because we are not given the choice of any such candidate.

Yes - we have come a long way down hill since those days. Our politicians (I feel ashamed calling them 'ours') are imo mostly a self serving bunch. There should be an option on the voting paper labelled 'none of these candidates'.

The greed though - of some of the unions during the seventies - helped Margaret Thatcher gain public support for the brutal elimination of working class power. The Scargill led coal strike - took mining communities like lambs to the slaughter - at a time when coal stocks were high - and cheap coal was also being imported - produced I understand by columbian children.

Then came the right to buy council houses - another step towards crushing socialism - followed by the folding of subsidised industries - British Coal, British steel, British Leyland, ship building etc etc.

So here we are - the Thatcher policies have come full circle - now we have 'financial services' as our golden goose well and truly cooked though in recent months. In short we don't produce much any more - not even our own energy!

One thing we do have though compared to the seventies - is high personal debt - mortgages and credit card loans - this and as you mention job insecurity - makes for a compliant workforce as does the influx of foreign workers willing to work for low wages.

There may still be a backlash from public service unions - but the effect may not be as damaging as the collapse of industrial output of thirty years ago. I'm no communist - but we have had around thirty years of naked right wing conservatism (also under labour!) - raw capitalism - and now as you rightly mention - we are more enslaved - and fundamentally more impoverished than ever. The masses have been the carpet upon which the few have trod and clawed their way to 'success' - and when you think about it it could be no other way - a few winners and many losers. And of course we all like to feel reasonably important - socially cutting it - we kid ourselves that a flat screen TV - detached house - and flash car (all on tick) mark us out as somehow slightly special - until someone else foolishly ups the ante.

The masses are important to an economy - they need to spend without thought - to keep it all ticking over - now though even the most spendthrift are running out of rope - a rope that may eventually strangle those that willfully created this mess.

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No sympathy requested or expected, but check out my very heartfelt signature.

My Dad was (still is, just retired now :wub: ) a very successful man, who was big in what is now Sh!tCl*te Beecham, who dropped my brother and me at the school bus stop every morning, and was home for tea with us EVERY night. Sometimes he had to travel, but that was the exception.

He was asked to move aside for a younger (i.e. more desperate, more pliable, more "yessir, nossir, threebags full sir - now, what can I lick clean for you today sir...") man a few years back, and I reckon he got out in the nick of time.

Last time I was at home for a whole week to do bedtime and stories for the kids, Mrs B actually asked me if I'd been fired, and was "just waiting for a good time" to tell her.

How does that qualify as an existence, for heaven's sake?!?!

I beg for the day I can have a decent home for my (proudly "Stay at Home") wife and four beautiful children, that I can afford to by without working 80-90 hours a week, every single week, for the "privilege" of being tired and grumpy at them for 36 hours every other weekend.

Bring it on, I say, and let's start to get a grip on what "normal" should mean....

OK. Rant over. Back to the effing grindstone now as I have email to do before bed....

Take care.

B

I hear you. Yes, it is fecked up.

I used to do the same crazy hours and the same commute... until oneday when I almost died as a result of all the stress. Took a few ambulance trips to A&E and being physically and mentally unable to carry on that eventually sunk it in for me though... It has taken me years to recover and I am still only 90% there... so please heed my lesson - don't wait until it is too late to stop.

I keep getting companies ringing me up with this 'great job offer' that allows me to 'work from home'. Simple questioning learns that they expect you to be on the road 4 days a week... so that is 5 days away from 'home'... and the commuting would be a nightmare if you lived in the South East let alone in a sane place like where wot I do - i.e. anywhere other than the M4M25 environs :)

I am simply going to down-scale or whatever they call it. I'd rather earn far less cash and be home each night and happy than commuting on the motorway. The UK is fecked. We have been led down the road of the Yanks and they are fecked also. We are miserable and killing ourselves with our work which results in unhappy lives, unhappy relationships, unhappy marriages and illness or early death.

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How come we're all seem poorer when we're suppsoed to be better off than ever?

Does this mean that everything is now relatively more expensive than it used to be - or do we just want more things

It's not just here - it's the same in the USA (and ccould be many other places - don' know)

we have more material things than we did in the past , much of that is to do with mass production , people have less children marry later and have two salaries coming in not one. However there is much less security than there was in the past for working people.

Some things are more expensive , the roof over the head, the tax bill , however the goods in the house furniture is cheaper electrical stuff ect. we can also get much of it on credit.

Not sure about people feeling poorer or richer as the people today with big mortgages and young children are not the same people as in the past , however my guss is there is a lot more stress than in the past . One thing that helped my parents generation out and i got some of it was high inflation , if you took on a big mortgage it became quite small very quickly as inflation devalued the size of it . People today with big mortgages will have big mortgages for years to come even without mew ing.

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we have more material things than we did in the past , much of that is to do with mass production , people have less children marry later and have two salaries coming in not one. However there is much less security than there was in the past for working people.

Some things are more expensive , the roof over the head, the tax bill , however the goods in the house furniture is cheaper electrical stuff ect. we can also get much of it on credit.

Not sure about people feeling poorer or richer as the people today with big mortgages and young children are not the same people as in the past , however my guss is there is a lot more stress than in the past . One thing that helped my parents generation out and i got some of it was high inflation , if you took on a big mortgage it became quite small very quickly as inflation devalued the size of it . People today with big mortgages will have big mortgages for years to come even without mew ing.

It just seems so crazy that in the 1960s a man could bring support a wife and family and buy a house on just his salary and now it takes two salaries when all the statistics show massive real wage growth since those days

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I disagree. I don't want to be solely a housewife or mother. I enjoy having a career, an income and the independence this brings. However, I would not argue with the fact that many parents would prefer to work part time.

I understand that you enjoy working and having your income and independence . But over the years the successive governments have snatched more of the income from both the working men and women. The women I was with the other week felt they had no independence as they were constantly juggling to fit in full time jobs and raise family's. As for the income it was not theirs but went on paying big mortgages and child care . They all felt that their mothers had better child caring years than they were getting .

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Thod is quite right.

Does anyone thing this HPC could be so bad that we could be thrown back to the 1970s or 1960s?

Houses for less that 3x single income? :o

it isn't a matter of how BAD it is necessarily, just the fact that it was a boom bust cycle almost guarantees they will go that low.

prices go substantially above the norm, then overshoot below the norm.

repeat.

cry.

Edited by Mr Nice

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It just seems so crazy that in the 1960s a man could bring support a wife and family and buy a house on just his salary and now it takes two salaries when all the statistics show massive real wage growth since those days

Just realisedd I've answered my own question - the statistics of inflation are of course wrong so the growth in real wages is illusory - doh

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It just seems so crazy that in the 1960s a man could bring support a wife and family and buy a house on just his salary and now it takes two salaries when all the statistics show massive real wage growth since those days

Yes massive real wage growth ,but also massive real tax growth and massive real HPI,

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What is so strange about wanting a house where you can live with the wife and raise a family? To be able to do so without being obligated to pay almost all your take home pay. Where if you or the wife gets sick you don't get thrown in the street because you need two incomes. Where the cost of the house is close to what it costs to build.

When I was a kid my father walked to work at the factory. The wife stayed home and looked after us 4 kids. He bought and payed off the house whilst supporting a large family on a single wage. If things went bad he could find work in another factory. If he was sick he could look after the kids while the wife found work. We were not rich but we managed. Now we need duel income just to buy a place to live, there are no secure jobs anymore.

Its a new form of slavery. The people would like a change but we are offered a choice to vote for one party and the other which is exactly the same. None of them are representing the voters. They are wedded to ideology and playing lapdog to advance their career in the political party. We can not make a choice not to elect them and get people in that do what the voters want because we are not given the choice of any such candidate.

That's also helped to contribute to HPI, two wages mean you can borrow more. Great news for the banks as they make more profit.

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Nu Labor

have succesfully trapped the workforce as slaves

both parents working and children brought up by strangers

so the nations debt can be paid

sounds worse than communism

as for local councils:they really are the waffen SS of politics

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our dads WERE Locky!.

men were men, women were women and banks were places of trust.

Now men and women NEED banks to be "generous" judt to get the neccessities, two cars, own flat, room fragrances, but kids?... nah too expensive, we both need to be working to pay the banksters.

And not just work, you have to work with committment ( unless you work for Public services) be prepared to wrok without pay on occasion because it is EXPECTED.

My Dad worked hard, the house he bought in the 1960s was expensive for him, but he could do it, AND put in central heating and build a garage and driveway, none of which came with a newbuild.

Something is wrong, and I beleive that contrary to inflation making it easier, it has done what it always does, devalues labour and savings and make sit harder to keep up.

And the cause? Banks and Governments: must be, they make and control money!.

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  • 401 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% +
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      • up 5%



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