Thr property market

No you wouldnt.

Because having spent £30k on the house and seen its value go up to £60k, a house in the "decent" area that was £60k back then, is now £100-£120k probably.

Unless your income goes up, you aint moving anywhere better.


Im not syaing theres no benefit though, because obviously you would have managed to get yourself on to the property ladder, whereas now you cant.

I am cos Im gonna wait til I can have a joint mortgage with someone

i went to look at 2 houses last nite..one was ok & one was well nice....i'm taking my dad to get his oppinion 2nite b4 deciding whether to put an offer in!!

house prices are going to fall, they have to. The Government has addressed the issue and we should start to see a change in the near future. This is because people have stopped buying cos they all know that it's costing too much, so prices ahve to fall so that they can go on selling. Apparently there'll be a price war, which would be good! The only people who are buying at the mo and keeping prices up are all the people in the property market buying and selling amongst themselves. When they give up the ghost is when we'll see the biggest drop.

Remember the bread and the tins of beans war?

Tins of Beans = 1p
Loaves of bread = 8p

Next house = £5

Can you support this with any evidence as house prices are still rising in the North East.

No, as house prices haven't begun to fall as yet, but if you look around, most of the houses are going on the market and arn't getting sold. So prices are being decreased so they'll sell. We tend to miss this part of the deal as it's only really when u ask at the estate agents that they'll tell u the current situ on any property.

I hope your right but I'm very sceptical on this.

Wasnt the one at Henley Gardens you thought was nice was it??

in my area, houses on my street are still selling for more and more... a slow down and turnaround in prices won't happen over night...

the average age of children flying the nest is now 24, and thats for the ones who dont go to university.
I'm just glad that the RAF mollycoddles you with easy mortgage payments and nice big houses for when I leave uni.

I disagree.

I've moved from the West Coast in Scotland and would have to pay double down here for a flat of similar size and quality down here.

It's not aout worrying about how much you'll make, it's about worrying about taking mortgages for 40 years. Banks are offering mortgages for life as current salaries are not high enough to support the market.

god this whole buying a house thing is stressing the life outta me, im moving back home next year afta uni n i wanna jump on th ehousing market straight away so am tryin a bestest to save money 4 ma initial payment 4 a house aswell as been a student and supporting a social life hwich is proving tres difficult how on earthr 1st time buyers expected to buy houses these days when they're so bloody expensive, theoretically i need to find sum luvli nice man to move in with then we can hav a joint mortgage but as that seems very much NOT on the horizon i think i'll av to forget about that idea!! its making me so frustrated tho cos i dont wanna hav to buy a scutty lil flat i want a nice 3 bedroom with a garden sumwhere in guisborough but they're goin 4 about 1000 grand n theres no way i'll be able to get a mortgage 4 that much cos i only start on about 19 when i start teaching next year n the most ya can get is 4 times ur starting wage which will be about 80 n round here theres nofink nice 4 around 80 grand at all ggrrr it just aint fair its making me so worried thinking i'lll neva be able to afford a nice house eva eva eva xxx

Have heard a few reports lately that some "think tank" recons it is a good idea and in the "interests of the Government" to impose a new tax (another one ).

Basicly when you sell your house on and make a profit, they will tax the proffit you make - one bloke on Channel Five news mentioned it might be in the region of anything up to 40%!!

If the Gov are thinking about this now you bet it will happern.

This is utter shit if you ask me , so you get a house, spend cash on it to do it up, sell it hoping to make a tidy bonus, then the Gov come along and rip you off.

Like this is in our best interests...utter crap.

oh shut up its only cos it hasnt got much punctuation in, if u took the time to read it properly it would make perfect sense just seems u aint got the knack xxx

I think they should put you in charge!