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Cost of living crisis, fact or fiction? (208 posts / 6,255 views)
ocelot ocelot
Posts: 1,802
Post #16 5 Dec 2022 22:05
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In reply to Post #13
It's so funny you get under his thin skin without even posting 🤣. Defo pissed RKB, no way he's got mates. So probably randomers he's mithering in a pub that'll say anything to get shut.


40% of UK working population don't have enough tucked under the bed to last a month without income. 10% have zero saving at all. Pretty big numbers for the rubber heads to make a rational fist of regards interest rates. Still they try though

#15 you'll get nowhere with these talking sense like that mate.
stuart666 stuart666
Posts: 4,779
Post #17 5 Dec 2022 22:07
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In reply to Post #12
I wish it was £100, i think i must pay around £140 for all my tv, broadband and music subscriptions.
JasonM JasonM
Posts: 1,764
Post #18 5 Dec 2022 22:17
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In reply to Post #15
I can remember in the 90s plenty of friends who gave their keys to the bank because they couldn't afford their mortgage. That actually happened we have no evidence of it happening today do we ?

The problem I guess is partly due to the obsession of homeownership in the UK.

I've some friends in Germany and they've been renters all their life.

I read that back in 2000 Uk home ownership was 70% of the population today around 60% perhaps the UK will transition to the German model in the next decade or so ?
stuart666 stuart666
Posts: 4,779
Post #19 5 Dec 2022 22:17
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In reply to Post #16
“ 15 you'll get nowhere with these talking sense like that mate “
😀
ocelot ocelot
Posts: 1,802
Post #20 5 Dec 2022 22:23
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In reply to Post #18
Unearned income landlord's/ housebuilders and 12 years of this government missing affordable housing target's (they set themselves 🤢 ) will have that effect.
stuart666 stuart666
Posts: 4,779
Post #21 5 Dec 2022 22:24
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In reply to Post #18
I have property that i rent out and the the rental market is crazy at the minute.
JasonM JasonM
Posts: 1,764
Post #22 5 Dec 2022 22:45
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In reply to Post #21
Yes with rates where they are now and perhaps will be like this for some time now, it does look like the UK is simply transitioning away from home ownership, which would not necessarily be a bad thing.
mal mal
Posts: 8,986
Post #23 5 Dec 2022 23:03
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In reply to Post #22
As already said by Stuart, the rental market is crazy too. For too many people rent is even more than the equivalent mortgage as supply and demand is in favour of landlords. Rent prices soar just as mortgages do.

It's a market that's been rife with unscrupulous owners exploiting trapped families. Now the balance is starting to shift, honest landlords are selling up and getting out of it.

Of course, if you can claim for that London second residence you probably don't see all of this...

And ocelot... funny is one way of putting it. I'm veering toward plain weird...
Vanhorne
Posts: 319
Post #24 6 Dec 2022 01:38
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Perhaps newlyweds can get a free hotel starter pack too 🤔?
JasonM JasonM
Posts: 1,764
Post #25 6 Dec 2022 11:54
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In reply to Post #15
If I look back 5 years ago houses where I live prices have doubled, clearly folk didn't want to accept the days of affordability with home ownership had gone (were sucked into cheap mortgage deals thinking it will be ok and now blaming the government) spawning the birth of the renting generation in the UK.

Unless some property crash comes which I doubt it folk will just have to accept the change.
framey framey
Posts: 5,319
Post #26 6 Dec 2022 12:33
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In reply to Post #23
I'm not a leftie
but
I don't think anyone should be allowed to own more than 1 house
Then the inflated prices would not be anywhere near where they are now
mal mal
Posts: 8,986
Post #27 6 Dec 2022 17:08
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In reply to Post #26
I'm not a leftie either. (Don't believe everything you read on the Internet from untrustworthy sources)

I wouldn't go so far as dictates on ownership, but there are a lot of unfair practices linked to the housing / rental / property sector and I'm all about fairness
framey framey
Posts: 5,319
Post #28 6 Dec 2022 17:16
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In reply to Post #27
My comments were just my own generalisations really
Liberal Tory labour green Liverpool arsenal spurs or Fulham remainer leaver jabbed or un jabbed I don't care what religion anyone is lol



Teddybare
Posts: 994
Post #29 6 Dec 2022 23:17
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In reply to Post #16
I chucked a bit of bait out and got repeat captures.
mal mal
Posts: 8,986
Post #30 6 Dec 2022 23:21
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In reply to Post #28
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