Should I be more angry about the state of housing in my country?

[pez]

So, I've been giving this a lot of though lately for a number of reasons but most recently because of the recent government announcements on housing.

Firstly, fuck you government, I dont want you to artificially increase demand, it will slow down this long time coming adjustment of houses prices. I don't want to have to become indebteded by 5 times my salary in order to buy my first house.

I can and will refuse to take part in this scheme but enough of my generation with less financial acumen or a greater desire to own will take part and it will have the exact effect you want; stemming the losses on property investment so important to your tory voters.

Secondly, fuck you 'buy to let'ers and profiteering landlords. Houses are first and foremost a home for people and secondly an asset class to make you richer. I hope enough of you make substantial losses on the property market to bust the myth that property is a good place to invest all your money.

Why is it that market forces are the perfect way to maximise efficiency in an economy in every other facet of life but when they start doing something the government doesn't like its crisis number one.

I figure, as a gaming forum from the late nineties, theres got to be a lot of you in the same position as me. Should we be more angry?

 

[Raven]

I don't particularly care about house prices on a personal level as I am lucky enough to not have to worry about it. However, house prices are insanely over priced and have been for years, the so called collapse doesn't seem to have had much of an effect.

I do not think we need to build yet more grotty little brick boxes in scummy little estates, ruining yet more of our countryside. There are plenty of brownfield sites that can be converted. How many council owned buildings are just sat rotting? They could sell them to developers who could convert them to affordable housing and shared ownership housing.

Greed keeps house prices artificially high, people will naturally sell for as much as they can.

 

[Gwadien]

Whilst we're on this topic;

Fuck you Universities for making me pay £56k on my university fees, my old man was telling me his first 2 bedroom terrace house cost him £10k, and I have to pay 5x that to get into university? - FUCK YOU!

 

[Vae]

Whilst we're on this topic;

Fuck you Universities for making me pay £56k on my university fees, my old man was telling me his first 2 bedroom terrace house cost him £10k, and I have to pay 5x that to get into university? - FUCK YOU!

That 10K house is probably now 150K - 200K however ask him what his salary was when he bought the house at 10K. That would be a better comparison.

 

[Gumbo]

Whilst we're on this topic;

Fuck you Universities for making me pay £56k on my university fees, my old man was telling me his first 2 bedroom terrace house cost him £10k, and I have to pay 5x that to get into university? - FUCK YOU!

What are you going to study?

 

[Everz]

Houses are ridiculous and the costs are far to much to be worth it. More use in going abroad and living cheaper.

 

[caLLous]

What are you going to study?

My guess is "not Economics".

 

[Tom]

Whilst we're on this topic;

Fuck you Universities for making me pay £56k on my university fees, my old man was telling me his first 2 bedroom terrace house cost him £10k, and I have to pay 5x that to get into university? - FUCK YOU!

Presumably universities aren't teaching the concept of inflation then.

 

[Gwadien]

What are you going to study?

History & Sociology...

even so, look at it this way, sure, that 10k house is 100-150k now (one just sold on the same street recently.)

Uni fees were not £5k at the time when he bought the house, in fact, some people got in for free at that point.

I understand inflation, it's just like, yo, we want you to progress in education, but here, we'll make you pay more, end of the day, students are the future of the economy, since quite a few people have been put off university and the raise of useless courses, it'll be a bleak outlook for the economy.

 

[Gumbo]

I'm entirely happy that my taxes aren't going to pay for you to go to University.

You'll only have to start paying it back when you're earning a handy wedge anyway, so whats the problem?

 

[Gwadien]

I'm entirely happy that my taxes aren't going to pay for you to go to University.

You'll only have to start paying it back when you're earning a handy wedge anyway, so whats the problem?

You're happy your taxes aren't paying for me to go to University, but I'm sure you wouldn't have complained if the Government said we'll pay for your fees when you was a student..

As for you'll only have to start paying it back when earning a handy wedge? - What about buying a house, that'll delay that, as if it wasn't hard enough to get onto the housing ladder, due to the greed of the people and banks of older generations, the youth of today are going to suffer, I'm sure the older generations will expect the younger generations to comply and accept to pay taxes for their pensions/old peoples homes, when their the ones who made their lives as young adults hard.

I expect to pay something for University, I'm not stupid, I just believe we should get more support, as I said before, we'll be earning the money for your pensions and care when you're older.

It's almost as if most of society is getting equality, yet FE is taking a step back, and making more exclusive for those that can afford it/typically upper middle class.

 

[throdgrain]

1. You want to go to university? You pay for it. Even then you're getting a fantastic deal on financing it.

2. The indiginous population of this country is not growing. We have a housing shortage due to immigration. So the governments answer is to concrete over more of our country. Great.

3. A house costing 10 grand 30 years ago has no relation to how much you pay for university fees now. You spanner

 

[Gumbo]

It's almost as if most of society is getting equality, yet FE is taking a step back, and making more exclusive for those that can afford it/typically upper middle class.

If anything it's almost entirely the opposite, unless the lower middle class and lower are too stupid to realise it.

I didn't go to Uni because when I was that age I couldn't afford to go. There was no student loan, grants were means tested and because my sister was going, and the means testing meant that my fathers income was considered high enough, we didn't get a grant. He was already financing her, and felt that he couldn't finance me, so I didn't get to go.

In the same set of circumstances today, I could go. Borrow all the money I needed to do so, and not pay it back until I was earning plenty enough to start paying.

It's way fairer now then it ever has been. The fact that fees have gone up is even fairer still because it should mean that my taxes don't go so much to support the universities which I personally couldn't afford to attend. It's bad enough that even though I couldn't go, I have had to pay for them for the last 18 years that I have been a taxpayer.

 

[Raven]

I'm glad I am not funding students too. It's their choice to go to Uni so they should pay for the privilege. The 3 years you spend at Uni could be spent in work experience.

What exactly do you hope to achieve with a history and sociology degree? What application in the real world do you think it is useful for? I suppose it could be a fairly good foundation for a teaching degree or something but little else... shit degrees in pointless subjects are 10 a penny these days.

Not meaning to have a dig at you personally but if people took more practical degrees, IT, engineering, physics, business, finance or whatever then they would mean something. You would have an edge in a specific field and get a job in that field.

In my experience, fresh graduates have been lazy know it alls, I would rather employ someone who has been doing the job (and indeed working) for 3 years than someone who has being studying some gumf and sleeping for 3 years.

 

[Gwadien]

I'm glad I am not funding students too. It's their choice to go to Uni so they should pay for the privilege. The 3 years you spend at Uni could be spent in work experience.

What exactly do you hope to achieve with a history and sociology degree? What application in the real world do you think it is useful for? I suppose it could be a fairly good foundation for a teaching degree or something but little else... shit degrees in pointless subjects are 10 a penny these days.

Not meaning to have a dig at you personally but if people took more practical degrees, IT, engineering, physics, business, finance or whatever then they would mean something.

Teaching.. yeah.. you say 3 years at Uni could be work experience, in the long haul, which has the better effect on society/economy on average? - the Teacher or a school/college-leaving job.

Guess I could go off and do some slave wor- I mean apprenticeship.

Oh, btw, there are grants, but get the irony of this, a far-distance relative who's old man is a millionaire, got into Oxford, and was consequently given grants BY the university & his local council, Equality in this country? - Nil.

 

[Wazzerphuk]

Student loan repayments are a very, very small part of your pay. You won't notice it leaving. It in no way affects how early you can buy a house.

 

[Wazzerphuk]

It's way fairer now then it ever has been. The fact that fees have gone up is even fairer still because it should mean that my taxes don't go so much to support the universities which I personally couldn't afford to attend.

The flipside is that the teaching you receive is nowhere near worth the value that most unis are putting on it.

 

[Zarjazz]

It in no way affects how early you can buy a house.

Correct. Your wages will be completely disproportionate to the price of a house these days and the deposit you now require, gone are the days of 5% down payments, will more than stop you being able to buy a house. The student loan repayments are irrelevant

 

[Aoami]

The flipside is that the teaching you receive is nowhere near worth the value that most unis are putting on it.

This is completely true. I thought my degree (at Kent uni, not a great uni but not a shit one) was probably not worth the £3k a year it cost me because of the level of student/lecturer interaction, amount of practical lessons etc... maybe just about the £3k mark was right. But it is not worth anywhere near £9k a year. Who is going to pay £9k a year to go study at the University of East London? It makes me wonder if the Tories want to see the return of the Polytechnics they got rid of 20 years ago.

 

[Chilly]

I'm wanting to buy a house these days. I get paid almost 60 grand and I can't afford to. What kind of fucking bullshit is that? I can afford some cramped half bedroom flat in Rapist Street - but who the fuck wants to live there? I freely admit I'm a bit of a snob, but bollocks to living in the worst estates in London.

 

[Embattle]

Teaching.. yeah.. you say 3 years at Uni could be work experience, in the long haul, which has the better effect on society/economy on average? - the Teacher or a school/college-leaving job.

Guess I could go off and do some slave wor- I mean apprenticeship.

Oh, btw, there are grants, but get the irony of this, a far-distance relative who's old man is a millionaire, got into Oxford, and was consequently given grants BY the university & his local council, Equality in this country? - Nil.

The person who has drive, ambition and some luck no matter which route they take to get there.

As stated earlier, the problem regarding housing is the ratio of pay to house prices, which is up massively but then really house buying has always seemed more of a UK issue.

 

[Gwadien]

As stated earlier, the problem regarding housing is the ratio of pay to house prices, which is up massively but then really house buying has always seemed more of a UK issue.

Yeah, we need to invade France or something, we need land

 

[Zarjazz]

I'm wanting to buy a house these days. I get paid almost 60 grand and I can't afford to. What kind of fucking bullshit is that? I can afford some cramped half bedroom flat in Rapist Street - but who the fuck wants to live there? I freely admit I'm a bit of a snob, but bollocks to living in the worst estates in London.

I can completely believe that as I'm in the same situation. London is the most extreme case of this problem and unless you are some city wanker with £100K+ yearly bonuses you have no chance of buying even a tiny flat in a non-scummy area.

 

[Raven]

I'm wanting to buy a house these days. I get paid almost 60 grand and I can't afford to. What kind of fucking bullshit is that? I can afford some cramped half bedroom flat in Rapist Street - but who the fuck wants to live there? I freely admit I'm a bit of a snob, but bollocks to living in the worst estates in London.

You could commute. Hampshite has some OKish areas, certainly cheaper than London anyway.

 

[Gwadien]

I remember seeing that under-the-stairs-room which had been converted into a 'bedsit' in the middle of London selling for like 10k, there was enough room for like a bunk bed in there

 

[dysfunction]

I'm wanting to buy a house these days. I get paid almost 60 grand and I can't afford to. What kind of fucking bullshit is that? I can afford some cramped half bedroom flat in Rapist Street - but who the fuck wants to live there? I freely admit I'm a bit of a snob, but bollocks to living in the worst estates in London.

All depends where you want to live and how far you want to commute.
There are some quite good places you could afford to live in...

 

[Kronic]

...I expect to pay something for University, I'm not stupid, I just believe we should get more support, as I said before, we'll be earning the money for your pensions and care when you're older.

Excuse me, I'm paying for my own pension thank you!

 

[Wazzerphuk]

You could commute. Hampshite has some OKish areas, certainly cheaper than London anyway.

In some cases the prices of commuting into London are so high the savings are negated.

 

[Tom]

Excuse me, I'm paying for my own pension thank you!

Actually, you're not, not really. You're paying for other peoples' pensions. Today's children will be paying for yours.

 

[old.user4556]

I'm wanting to buy a house these days. I get paid almost 60 grand and I can't afford to. What kind of fucking bullshit is that? I can afford some cramped half bedroom flat in Rapist Street - but who the fuck wants to live there? I freely admit I'm a bit of a snob, but bollocks to living in the worst estates in London.

This is what I've never understood about London.

I know a few people, including my sister, who moved to London because "the pay is soooooo much better in London" only to find a basic two bed flat costs a fucking fortune everywhere other than the most shitty of areas. There's no science in it. A mate of mine has conceded that living inside the M25 just isn't possible, so he's been forced to move all the way out close to Hemel Hempsted (an hour commute he's now given himself) to get anything half decent for his money.

Just bonkers. How the hell do teachers and nurses in central London get by?