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Old Jun 27, 2011 | 10:56 AM
  #31  
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Originally Posted by gbduo
I live in Reading, to get a house anywhere around this area, it is about £150k for a studio flat. Unless you are going to rent out the flat, you don't buy flats as they are not a good investment, so you can understand why young people in the M4 Corridor especially find it hard to get on the property ladder.

But it is just one of those things, what can you do, the jobs are in the South East, the supply of houses is low, but demand is very high. Simple economics. No point in whinging about how hard life is, better to just get on with it and find a job that means you can save your earnings, hence for me, this means working at sea which gives me tax free money. Makes life a lot easier to get a sizeable deposit quickly...and be able to afford life's little luxuries.
There a fair few available for under £100k in Reading.http://www.rightmove.co.uk/property-...tirement=false
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Old Jun 27, 2011 | 11:16 AM
  #32  
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Originally Posted by lovegroova
Originally Posted by gbduo' timestamp='1309191019' post='20723451
I live in Reading, to get a house anywhere around this area, it is about £150k for a studio flat. Unless you are going to rent out the flat, you don't buy flats as they are not a good investment, so you can understand why young people in the M4 Corridor especially find it hard to get on the property ladder.

But it is just one of those things, what can you do, the jobs are in the South East, the supply of houses is low, but demand is very high. Simple economics. No point in whinging about how hard life is, better to just get on with it and find a job that means you can save your earnings, hence for me, this means working at sea which gives me tax free money. Makes life a lot easier to get a sizeable deposit quickly...and be able to afford life's little luxuries.
There a fair few available for under £100k in Reading.http://www.rightmove.co.uk/property-...tirement=false
I don't want to get stabbed by living in Tilehurst, thanks. I also don't want a flat. As I said, I want an investment opportunity, flats don't do it, I am saving for a deposit on a 3 bed house which I will then rent out, that will cover the mortgage and allow me to save for the next deposit to grow my property portfolio.

Thanks all the same though, the prices have come down a lot this year, so my information was evidently somewhat out of date. Sorry about that.

Graham
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Old Jun 27, 2011 | 11:25 AM
  #33  
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Originally Posted by gbduo
I want an investment opportunity, flats don't do it
I've made nearly £18,000 on my flat since I bought it

Still doesn't have a permanent cooker or hob however...not got round to that despite having been here two years
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Old Jun 27, 2011 | 11:46 AM
  #34  
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Originally Posted by loftust
Originally Posted by gbduo' timestamp='1309202218' post='20724245
I want an investment opportunity, flats don't do it
I've made nearly £18,000 on my flat since I bought it

Still doesn't have a permanent cooker or hob however...not got round to that despite having been here two years


nice work! Looks like I need to re-evaluate then, ummm...
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Old Jun 27, 2011 | 11:54 AM
  #35  
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We they all have so dammed much nowadays, is it that bad they have to walk, get a bus , get a train, ride a bike, I certainly had to. Learnt to drive at 18 and finally had a Ford Mk1 Cortina with the headlights hanging out when i was about 22

Hard life for the little darlings isnt it .
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Old Jun 27, 2011 | 12:05 PM
  #36  
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Originally Posted by CHIPPO
We they all have so dammed much nowadays, is it that bad they have to walk, get a bus , get a train, ride a bike, I certainly had to. Learnt to drive at 18 and finally had a Ford Mk1 Cortina with the headlights hanging out when i was about 22

Hard life for the little darlings isnt it .
Kind of my point/feelings. Why the big rush to have a car the day after your 17th birthday? And the expectations that it will be a good one and not expensive to run?
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Old Jun 27, 2011 | 12:34 PM
  #37  
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this is getting like the four yorkshiremen..


and it's not just about cars, it's more of a gen Y / gen D discussion in the end,

which can be quite a nightmare to recruit and retain
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Old Jun 27, 2011 | 02:05 PM
  #38  
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Originally Posted by gbduo
Thanks all the same though, the prices have come down a lot this year, so my information was evidently somewhat out of date. Sorry about that.

Graham
Indeed, I was merely pointing out that it's perhaps not so hard to get on the property ladder as you suggested, especially as you were quoting very inaccurate figures. I was not commenting on your personal situation of course.
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Old Jun 27, 2011 | 02:24 PM
  #39  
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You're missing the point

Many teenagers NEED a car because they're too fat to walk

As was the teen sat opposite me on the train today

She called for a taxi to take her from the station to school, a distance of about a mile

When she stood up I thought we were having an unscheduled solar eclipse

But no, it was her humongous fat arse blotting out the sun

Get walking fatty and lay off the cream cakes
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Old Jun 28, 2011 | 01:10 AM
  #40  
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Originally Posted by gbduo
Originally Posted by lovegroova' timestamp='1309200971' post='20724165
[quote name='gbduo' timestamp='1309191019' post='20723451']
I live in Reading, to get a house anywhere around this area, it is about £150k for a studio flat. Unless you are going to rent out the flat, you don't buy flats as they are not a good investment, so you can understand why young people in the M4 Corridor especially find it hard to get on the property ladder.

But it is just one of those things, what can you do, the jobs are in the South East, the supply of houses is low, but demand is very high. Simple economics. No point in whinging about how hard life is, better to just get on with it and find a job that means you can save your earnings, hence for me, this means working at sea which gives me tax free money. Makes life a lot easier to get a sizeable deposit quickly...and be able to afford life's little luxuries.
There a fair few available for under £100k in Reading.http://www.rightmove.co.uk/property-...tirement=false
I don't want to get stabbed by living in Tilehurst, thanks. I also don't want a flat. As I said, I want an investment opportunity, flats don't do it, I am saving for a deposit on a 3 bed house which I will then rent out, that will cover the mortgage and allow me to save for the next deposit to grow my property portfolio.

Thanks all the same though, the prices have come down a lot this year, so my information was evidently somewhat out of date. Sorry about that.

Graham
[/quote]


This is basically my plan now.

Going to save up while renting cheaply (relative) for now and eventually get a mortgage for something decent. its just the money you spend for what you actually get thats so ridiculous, and we all sort of pray it keeps going up and getting even more and more stupid so that we can make some money out of the blooming thing if we buy a house

I dont see the point in doing it just to live in a shit hole. (Also in the Reading area btw so I know where you're coming from).
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