Thread: House prices
View Single Post
Old 20-10-07, 09:44 AM   #1
Warthog
Guest
 
Posts: n/a
Default House prices

I hate to bring my personal problems into a forum, but this just gets me so depressed.

http://www.thisisoxfordshire.co.uk/m...y_boom.php?s=s

"If you want to buy an average-priced house in Oxford, you need to earn at least £78,000 a year to get a typical mortgage."

"The situation is now so bad that thousands of people are joining housing association waiting lists in the hope of part-owning a property.
One housing group which offers shared ownership schemes has waiting lists of more than 1,000 people in every council district in the county - but said they would have to wait "years, rather than months" for a home."

What am I supposed to do? The only biotech research jobs are in Oxford, Cambridge or London, and I am wasting about £10K a year on rent . I have no idea how this is going to get better without some huge house-price crash. Change career? I have been studying for this for 7 years!
  Reply With Quote