Oh Darling,

[SoulKiss]

Originally Posted by embee

In other words, all the retail workers from Woolies etc won't stand a hope in hell of getting a similar job for at least 6 months. Bright lot aren't they?

And whats the "waiting time" before you can start receiving Dole if you get made redundant?

Originally Posted by alpinestarhero

I'm worried...is there any chance me and maria will be able to buy a house ever?!?!



G2D - I agree. People who save lots generally save for a reason; retirment, to purchase a house, holidays, other stuff. Why penalise savers? Its our money, if we don't want to spend it then why should we be made to pay for it?

Tempting to just get the cash and stick it in a safe...the goverment can't do anything then

Well there was a chance that you could have afforded a house if the correction was allowed. But with this in place, it's just going to keep prices inflated longer.

I wonder if it's something to do with the fact that MPs own quite so many homes

Originally Posted by alpinestarhero

I'm worried...is there any chance me and maria will be able to buy a house ever?!?!

Nope, never... be like me Rent... why are we obsessed with mortgages in this country?

Infact rent is dropping as the interest rate has dropped, plus people can't sell there extra houses so they are trying to rent them out, so the market is getting busy... Its a great time for renting.

[SoulKiss]

Originally Posted by Grinch

Nope, never... be like me Rent... why are we obsessed with mortgages in this country?

Infact rent is dropping as the interest rate has dropped, plus people can't sell there extra houses so they are trying to rent them out, so the market is getting busy... Its a great time for renting.

Because Iron Maggie told us we should be.

[Mr Speirs]

A*Hero - something I am looking into http://www.homebuy.co.uk/

Give me a PM if you want a really simple summary of all that Jargon. It may well help you and maria buy a house.

Originally Posted by alpinestarhero

Tempting to just get the cash and stick it in a safe...the goverment can't do anything then

Oh yes they can. By printing more, they can make it worthless

Originally Posted by Ed

Oh yes they can. By printing more, they can make it worthless

oh yea

so what can we do?

i know! buy property

oh, wait...

Originally Posted by alpinestarhero

oh yea

so what can we do?

i know! buy property

oh, wait...

Spend the bloody lot If you have no pension, well just claim pension credit and every other benefit you can think of - funded by the mugs who are paying tax on renting out their investment properties!

It's all just numbers and slight of hand....... but, as I see it, the main problem is cash-flow around the economy.

I feel sorry for the banks.....on one hand the govt is telling them to act prudently so they decide to deleverage and control their exposure to potentially bad debt. On the other hand the govt is telling them to lend money at pre-crunch levels. What are they supposed to do?

In middle of this mess are ordinary folks like us.

Part of the real problem is the debt that this stupid govt are saddling us and our kids with. Why didn't they stock-up the coffers when times were good? Prudent my ****

[SoulKiss]

Originally Posted by Mr Speirs

A*Hero - something I am looking into http://www.homebuy.co.uk/

Give me a PM if you want a really simple summary of all that Jargon. It may well help you and maria buy a house.

AVOID !!!!!!!

Shared ownership is just a way for developers to screw homebuyers harder.

If people can only afford to pay 50% of the going rate, then the price is 100% too high.

The only winners are the developer.

Think about it.

Based on people being able to afford £100,000

Old Model

Spend £50,000 building a house, sell it, make £50,000 profit.

New Model

Spend £50,000 building a house, sell 50% of it, make £150,000 profit

Very simplified I know, but.......

House prices are too high, there is no need for the "House Price Recovery" that everyone is waiting for, those who bought into the market in the last 5 years or so, need to take the hit and write it up to experience/their own greed/stupidity at falling for the "own a home at any cost" and the "the value of your home is cash in your pocket" attitudes.

These schemes are addressing the symptoms of the swelling of house prices, without dealing with the actual cause (and I used those words deliberatly, as it WILL be painful for some)

We are in the state we are in at the moment due to the 80's policies.

1st it was that everyone should be a home owner

2nd it was the "you can have kids AND have a career

These led to an obsession with home ownership, a raping of the social housing stocks with "the right to buy", which now means we have to pay private landlord prices to house those that have gone to the state because they need a roof over their heads.

The current problems we are seeing are a result of parents having less time to spend socialising their children and teaching them how to behave.

The other offshoot of the "2 income family" is that it means that prices can go up, after all if the average household income is up by 50% then thats 50% more that the household can spend on things like mortgages etc, hence the inflation of house prices, utility bills etc.

I apologise if the above is a bit disjointed, I have had to leave and come back to this post a few time.

I am also talking in VERY general terms and basing everything on a 2 workingparent family situation, obviously things are very different for other situations.