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Home Ownership - Do you think you will be able to buy?

Discussion in 'benefits and housing' started by Badgers, Aug 30, 2011.

  1. wemakeyousoundb

    wemakeyousoundb and calm again

    I would need loads of money and a beautiful, gold-producing wife.
    Maybe I should start playing the lottery...
    In social housing at the moment, but my "social rent" is quite likely to turn into an "affordable rent" (80% of local market rent) when the estate gets pulled down and rebuilt.
     
  2. Badgers

    Badgers Mr Big Shrimp

    http://www.experianplc.com/news/company-news/2012/15-03-2012a.aspx
     
  3. Badgers

    Badgers Mr Big Shrimp

    Tenants of two-bed homes in London need to earn £52,000 a year


    Letting agency industry link

    Rent Watch London is pretty depressing reading (sorry) with Lambeth median monthly private rent for two bedrooms being £1,273. Net monthly household income required to make this rent affordable is £3,636 which is a LOT before tax. There is a petition on the link which I have signed for the little good it will probably do.
     
  4. stuff_it

    stuff_it Nerd burglar

    I've already resigned myself to the fact that to own a home I will probably have to at least partially base myself in a much cheaper country.

    I would never consider moving in to London now though, even if me and the Mr were on ££££s, I'd feel like I was being ripped off too much. :(
     
  5. Termite Man

    Termite Man zombie flesh eater

    I've had my mortgage agreed on a flat so this time next month I will own somewhere in Bristol :D
     
  6. Badgers

    Badgers Mr Big Shrimp

    Somewhere? You don't know where yet? Just a vague bit of a town? Fair play on getting finance for that, you must be AAA rated :D
     
  7. Termite Man

    Termite Man zombie flesh eater

    no I know the exact place, I'm just not telling you where it is :p
     
  8. Badgers

    Badgers Mr Big Shrimp

    I know people.
    You can run but can't hide insect boy :mad:
     
    gentlegreen likes this.
  9. quimcunx

    quimcunx jesus tonsils

    I'm going to pm everyone to ask if they know.
     
    gentlegreen likes this.
  10. kittyP

    kittyP schmeeer

    Even though I am related to who I am....

    NO :( but :)
     
  11. Badgers

    Badgers Mr Big Shrimp

  12. ViolentPanda

    ViolentPanda Untermensch, and proud!

    Good catch, little monochrome buddy!
    Looks like another way for the government to lever out "undesirables" from areas. Pity it'll blow up in their faces when there's no-one left to serve them their skinny lattes and panini.
     

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