Mat and Gemma are geniuses (genei?)
I know you have all probably read this already and on the comfort of your own sofa's whilst drinking tea and eating porky snacks, and in glorious news print...
but the below is a great article on all our prospects of getting on the property ladder.
In a nutshell - we are all doomed except Mat and Gem. Well done, you!
XxxX
Albion Drive: a saga of modern Britain | Review | The Observer
but the below is a great article on all our prospects of getting on the property ladder.
In a nutshell - we are all doomed except Mat and Gem. Well done, you!
XxxX
Albion Drive: a saga of modern Britain | Review | The Observer
posted by Tim Heidi Arthur Kofi X at 10:01 am
2 Comments:
Don't worry kids. Do what I've done: instead of saying you can't afford to buy a house, rebrand yourself as a refusenik.
We are the engine driving this ridiculous market. Take a step back! You don't want to spend £1,500 a month on a mortgage just to live in a 1 bed flat in Stratford! Just say no!
I recommend the arguments below to be used at your next middle class dinner party:
The Observer article is one of many such articles which have sprung up about the housing market. This suggests confidence in the market is wavering. Let's face it, houses can't keep going up 10% a year. The Russian oligarchs may be pushing the percentages along but the bottom end of the market can't go any further. If first time buyers can't buy, then the whole system is stuffed. ABN Amro, who know what they're talking about, have pointed out that rents aren't really going up at all. The market is being driven by speculation, not supply and demand. People buying buy-to-lets these days aren't covering their mortgages with their rental income and are relying on prices going up to make their money. And all those second and third homes will be straight on the market as soon as prices wobble...
Etc. etc.
or you can just escape to another country and get blamed for pushing up the house prices there.
just like i did
can remember my blogger details but ya know it's loz xxx
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