08-12-17, 12:49 AM
(07-12-17, 01:03 PM)darrsi link Wrote: [quote author=YamFazFan link=topic=17546.msg272073#msg272073 date=1512590280]
Home owning pensioners who claim...'It was just as difficult for us to buy 50 years ago!'
Around this way average house prices are now over 14 times average salary.
Don't think that was the case in 1967 :rolleyes
I'm in London, you can multiply that quite a bit more.
[/quote]
My house was 9 times my salary when i bought it 26 years ago.
Trouble is for first time buyer its not just the house its all the other stuff you need as well, like a bed, a certain amount of furniture, cooking pots, cutlery, curtains, carpets, lampshades, condoms, well you cant afford to have children for a few years.
Homeowners moving, upsizing or downsizing on do not have the same expenses, I feel sorry for young folk trying to get their foot on the house buying ladder today.