I will never own a house!

I will never own a house!

Author
Discussion

gh0st

Original Poster:

4,693 posts

265 months

Wednesday 2nd July 2003
quotequote all
I give up!!

For every X amount of quid I save for a house they go up by 10 times that!!!

It would now cost me in excess of 550quid a month to buy a SMALL one bedroom house!

FK! Thats more expensive than renting!

Hate this fking country but cant afford to move out!

FourWheelDrift

89,635 posts

291 months

Wednesday 2nd July 2003
quotequote all
gh0st said:
I give up!!

For every X amount of quid I save for a house they go up by 10 times that!!!

It would now cost me in excess of 550quid a month to buy a SMALL one bedroom house!

FK! Thats more expensive than renting!

Hate this fking country but cant afford to move out!


Can you speak French? 15 mins from the Channel coast, 3 bed cottage with 1/4 acre of land and only £33,000
www.vebra.com/home/includes/vdetails.asp?src=vebra&cl=101&pid=8379360

rich-uk

1,431 posts

263 months

Wednesday 2nd July 2003
quotequote all
I'm in the same situation, it sucks

zetec

4,633 posts

258 months

Wednesday 2nd July 2003
quotequote all
I love it

5 years ago purchase house for 70k

2 months ago neighbour had house valued, same house though mine has much bigger garden. 190k

It seems my house earns more than me

I do feel sorry for any 1st time buyer my brother is in the same position as you GhOst, wants to buy, earns and works hard for a damn good wage (2x mine) but can't even afford a 2 bedroom flat!

mybrainhurts

90,809 posts

262 months

Wednesday 2nd July 2003
quotequote all
You guys have my sympathy. Don't have a clue how my three kids are going to manage.

Government and estate agents have a lot to answer for.

Umar B

1,484 posts

274 months

Wednesday 2nd July 2003
quotequote all
gh0st said:
I give up!!

For every X amount of quid I save for a house they go up by 10 times that!!!

It would now cost me in excess of 550quid a month to buy a SMALL one bedroom house!

FK! Thats more expensive than renting!

Hate this fking country but cant afford to move out!


i hear you my friend, i'm in the same situation, my plan is i put nearly all my money into a savings account so that in a couple of years ime i may have enough for a deposit.

here's hoping

umar

mybrainhurts

90,809 posts

262 months

Wednesday 2nd July 2003
quotequote all
zetec said:
I love it



Why? If you want to upgrade, the gap just gets bigger.

Good only if you can sell up and move abroad where prices are lower. It's screwing the rest of us.

gh0st

Original Poster:

4,693 posts

265 months

Wednesday 2nd July 2003
quotequote all
Umar B said:

gh0st said:
I give up!!

For every X amount of quid I save for a house they go up by 10 times that!!!

It would now cost me in excess of 550quid a month to buy a SMALL one bedroom house!

FK! Thats more expensive than renting!

Hate this fking country but cant afford to move out!



i hear you my friend, i'm in the same situation, my plan is i put nearly all my money into a savings account so that in a couple of years ime i may have enough for a deposit.

here's hoping

umar


Hope it works Umar.

I came down to Devon with an open loan of 6000 to buy a house and im on a decent wage.

Result - could barely afford a crappy studio flat.

That was a year and a half ago.

fk it.

I dunno, I could theoretically afford this place but that would mean no Bike, no ADSL, no phone line, No TV, no NOTHING and live like this for the next 10 years, and to top it off its a mortgage for 35 years !!!!!

Is it worth it for a one bedroom house?????? NO!

I could do without the motorbike in all honesty and the broadband but I need at least a TV!

FourWheelDrift

89,635 posts

291 months

Wednesday 2nd July 2003
quotequote all
mybrainhurts said:
You guys have my sympathy. Don't have a clue how my three kids are going to manage.

Government and estate agents have a lot to answer for.


It is utter madness, the value of my house has increased by almost 70% in two years!!!!!!!!!

zetec

4,633 posts

258 months

Wednesday 2nd July 2003
quotequote all
mybrainhurts said:

zetec said:
I love it




Why? If you want to upgrade, the gap just gets bigger.

Good only if you can sell up and move abroad where prices are lower. It's screwing the rest of us.


I have a 3 bed semi in a nice part of town, next door to my kiddies school ( a good one) I have no need to upgrade for the next 10 yrs hopefully. By then my mrs will be able to work FT and double our income!

BTW my In Laws live in spain in a 2 bed apartment fully paid for so I am covered in every eventuality

I am one of the lucky ones

nmlowe

1,666 posts

274 months

Wednesday 2nd July 2003
quotequote all
I'm in the same boat.
Living with my parents at the moment, but my degree ends in a year, and it'll be time to make my own way in the world.
Not much chance of living here in Shrewsbury anyway.
Whilst house prices are still lower than the south-east, Prices have been going up and up because of the ammount of londoners with considerable sums of money from selling up in london arriving here to be close to the countryside, but still be within easy reach of Birmingham. Telford is the same.
They are just pushing the prices up.

I might be able to afford a garden shed and an alotment somewhere up north for £150,000 by then.

wedg1e'sdaughter

4,045 posts

258 months

Wednesday 2nd July 2003
quotequote all
I dont want to upset you and tell you that for the house we bought in april our mortgage is £125 a month!

FourWheelDrift

89,635 posts

291 months

Wednesday 2nd July 2003
quotequote all
wedg1e'sdaughter said:
I dont want to upset you and tell you that for the house we bought in april our mortgage is £125 a month!


these don't count


nmlowe

1,666 posts

274 months

Wednesday 2nd July 2003
quotequote all
That might be my only option FourWheelDrift!
If I'm exceptionally unlucky I might end up with a dolls house or a copy of 'The Sims' for the PC.

wedg1e'sdaughter

4,045 posts

258 months

Wednesday 2nd July 2003
quotequote all
FourWheelDrift said:

[quote=wedg1e'sdaughter]I dont want to upset you and tell you that for the house we bought in april our mortgage is £125 a month!



these don't count

[quote]

:P No, seriously, two bedroom, mid terrace, 'prime location close to town centre and local amenities', £23,995

nmlowe

1,666 posts

274 months

Wednesday 2nd July 2003
quotequote all
What part of the country is that in?

wedg1e'sdaughter

4,045 posts

258 months

Wednesday 2nd July 2003
quotequote all
nmlowe said:
What part of the country is that in?


north-east, stockton-on-Tees

zetec

4,633 posts

258 months

Wednesday 2nd July 2003
quotequote all
11, Toy Street
Toytown
Toysex
TT0 YTN

dick dastardly

8,319 posts

270 months

Thursday 3rd July 2003
quotequote all
Property is the biggest bastard going if you are trapped outside of it

You want to see the area I live in, a £110,000 semi three years ago is now approaching £300,000. How the fcuk is anyone going to raise that sort of money without choosing the right six numbers?

nmlowe

1,666 posts

274 months

Thursday 3rd July 2003
quotequote all
So, what are house prices like abroad?
Maybe its time to consider emigrating to the U.S., Australia or Canada.