Robbie Loving Posted October 11, 2013 Share Posted October 11, 2013 We are currently being priced out of the market. Me being self employed and my partner working a 0 hour contract, I think we will struggle to get on. And I am sure you can understand why. 1 half of the parties wanting to be on the mortgage is not guaranteed to earn any monies at all. The other half.... well if you've been self employed longer than 3 years, you will be fine on your side. The deposits lenders are wanting are out of reach of many too. Link to comment Share on other sites More sharing options...
poppet2 Posted October 11, 2013 Author Share Posted October 11, 2013 What is ridiculous is when you make more on your house in a year, then you earn. Link to comment Share on other sites More sharing options...
Robbie Loving Posted October 11, 2013 Share Posted October 11, 2013 What is ridiculous is when you make more on your house in a year, then you earn. Well, I suppose that depends on how much you earn. Link to comment Share on other sites More sharing options...
truman Posted October 11, 2013 Share Posted October 11, 2013 What is ridiculous is when you make more on your house in a year, then you earn. Who's done that? Link to comment Share on other sites More sharing options...
erebus Posted October 11, 2013 Share Posted October 11, 2013 Who is everyone? So people live in a house and the price goes up and they sell to move, to another house in which the price has also gone up, so no benefit there...innit! So believing this myth is what propaganda is about, or lies to anyone with an education. Work it out who gains.....maybe them involved in the financial sector, all that interest, money too, bonuses, increased fees as prices rise, and trebles all round. So its estate agents, banks and other financial institutions, who make the financial killing. Of course one can take the tabloid line of a person making a fortune on selling their house and then living in tent rent free, but only tabloid readers could believe such nonsense. Hold on a moment there are over 10 million of these zombies...... Where is the torch, got to check the back garden for squatters..... Link to comment Share on other sites More sharing options...
poppet2 Posted October 11, 2013 Author Share Posted October 11, 2013 Who's done that? Do you own property in London? Link to comment Share on other sites More sharing options...
truman Posted October 11, 2013 Share Posted October 11, 2013 Do you own property in London? No, do you? Can you link to someone who has earned more in a year through their property price going up than they have by working? Genuine question... Link to comment Share on other sites More sharing options...
Dingus Posted October 11, 2013 Share Posted October 11, 2013 Why? I could rent if I wanted...and have even more money in the bank...if prices rise I have more flexibility than if they fall... Or you can sell when you get old and book on a cruise ship to while away your dotage. Probably have a bit left over for a Thai lass to feed you and another to wipaDbum. Link to comment Share on other sites More sharing options...
poppet2 Posted October 11, 2013 Author Share Posted October 11, 2013 No, do you? Can you link to someone who has earned more in a year through their property price going up than they have by working? Genuine question... London property is being bought up by many overseas investors. http://www.express.co.uk/news/property/430258/Property-values-reach-record-high-as-house-prices-rise-by-11-000 Link to comment Share on other sites More sharing options...
truman Posted October 11, 2013 Share Posted October 11, 2013 London property is being bought up by many overseas investors. http://www.express.co.uk/news/property/430258/Property-values-reach-record-high-as-house-prices-rise-by-11-000 Where does that show that the property owner has earned more form that than by working...? Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.