What is that "mate" of mine Sadiq Khan trying to achieve ?

 

You lost you demented little cretin, get over it and concentrate on your job you terrorist sympathiser.

How many work 12-20 hours and get propped up with their rent/council tax and wage top-ups, effectively subbing cunt employers with taxpayers' money, I'd rather they sit on their arses watching 'Homes Under The Hammer' doing fuck all.

11 minutes ago, kent_white said:

Not a chance that Bolton's average wage is anything like £25,000 per annum. 

We're the 19th most economically deprived town in the country.

Seems it’s more. 
https://www.totaljobs.com/salary-checker/average-full-time-salary-bolton-greater-manchester

4 minutes ago, BobyBrno said:

So quoting average house prices should also be dismissed?  That was my point.

 

Ah I see what you mean. Yeah I've no idea what the average house price in Bolton is - but that's nowhere near £250,000 either. 

Just now, BobyBrno said:

Seems it’s more. 
https://www.totaljobs.com/salary-checker/average-full-time-salary-bolton-greater-manchester

I think that's the average wage of jobs in Bolton that have been advertised on that site isn't it?

It won't include folk doing 15 hours a week at Asda. 

Incidentally - these 'average wage' figures. Is that just taking into account people who are working, or do people who are of working age but unemployed get factored into the number?

3 minutes ago, kent_white said:

Ah I see what you mean. Yeah I've no idea what the average house price in Bolton is - but that's nowhere near £250,000 either. 

https://www.zoopla.co.uk/house-prices/greater-manchester/bolton/
 

 

5 minutes ago, kent_white said:

I think that's the average wage of jobs in Bolton that have been advertised on that site isn't it?

It won't include folk doing 15 hours a week at Asda. 

Incidentally - these 'average wage' figures. Is that just taking into account people who are working, or do people who are of working age but unemployed get factored into the number?

It will  include all those on here earning £150k. It also doesn’t include those who only earn £11500 as ‘self employed’ but ride around in a BMW. That’s the thing with averages. 

 

Edited April 3, 20224 yr by BobyBrno

The important point is that by the same metric the situation is generationally worse across the country as a whole now than it was three decades (or thereabouts) ago.

11 minutes ago, BobyBrno said:

https://www.zoopla.co.uk/house-prices/greater-manchester/bolton/
 

 

I'm surprised they're even as high as that to be honest! 

Just glad I'm not 18 and trying to carve out a life.

6 minutes ago, Lt. Aldo Raine said:

The important point is that by the same metric the situation is generationally worse across the country as a whole now than it was three decades (or thereabouts) ago.

That’s your opinion. My opinion is that it isn’t.

We are hearing about so many struggling but Im guessing there’s many families that have never been as well off? Many have 2 cars where as 30 years ago many households didn’t have one. Houses are selling faster than ever before, yes I get some of them are bought by investors but not all of them. Almost ever family I know have at least one foreign holiday a year with many having 2-3, families eating out 2/3 times a week. Designer clothes and watches being worn for every day use. The list is endless .

1 minute ago, kent_white said:

I'm surprised they're even as high as that to be honest! 

Just glad I'm not 18 and trying to carve out a life.

I wish I was 18 now compared to when I was in 1972. 
I’d be starting University instead of getting up at 6am to go to work.

 

2 minutes ago, BobyBrno said:

That’s your opinion. My opinion is that it isn’t.

The data I posted proves it to be the case.

Many more people in the current generation are faced with paying a higher price for their houses, relative to their income, than previous generations did, and their isn't an equivalent price drop in other areas to make up for it.

Just now, Lt. Aldo Raine said:

The data I posted proves it to be the case.

Many more people in the current generation are faced with paying a higher price for their houses, relative to their income, than previous generations did, and their isn't an equivalent price drop in other areas to make up for it.

You posted some data without reference. It proves nothing.

1 minute ago, BobyBrno said:

You posted some data without reference. It proves nothing.

The data is from the ONS, as the tweet makes clear by providing a link to it.

2 minutes ago, Lt. Aldo Raine said:

The data is from the ONS, as the tweet makes clear by providing a link to it.

Sorry, I take back the without reference remark. My references are more local and represent what I think are more realistic for many. As has been said above, averages can be misleading.

10 minutes ago, Lt. Aldo Raine said:

The data I posted proves it to be the case.

Many more people in the current generation are faced with paying a higher price for their houses, relative to their income, than previous generations did, and their isn't an equivalent price drop in other areas to make up for it.

Yet some continue to spawn families with limited or no career prospects (some by design) and then expect the taxpayers to subsidize or fund the cost of upkeep of said growing family and associated housing requirements. 

1 minute ago, BobyBrno said:

Sorry, I take back the without reference remark. My references are more local and represent what I think are more realistic for many. As has been said above, averages can be misleading.

They can be but it's the same metric, misleading or not, compared over time.

With regard to tracking financial trends, I place more stock in objective data than anecdotal evidence.

1 minute ago, Lt. Aldo Raine said:

They can be but it's the same metric, misleading or not, compared over time.

With regard to tracking financial trends, I place more stock in objective data than anecdotal evidence.

I’ve given both anecdotal and info based on data readily available. ie average house prices and average wages in my local area. They show a different picture to the ones you’ve posted. I don’t deny that the situation is different in other areas. 

2 hours ago, BobyBrno said:

I’ve paid off my mortgage. I’ve had one for 47 years. It’s nice to be able to say that. One day you’ll say the same. If you have one.

My lads will benefit more than I will. 

47 years ago, houses cost twice the average salary. Today they cost about 8 times the average salary.

3 minutes ago, BobyBrno said:

I’ve given both anecdotal and info based on data readily available. ie average house prices and average wages in my local area. They show a different picture to the ones you’ve posted. I don’t deny that the situation is different in other areas. 

Right, but the discussion - and the data I posted - was regarding the country as a whole. 

And for what it's worth, you've posted the data for what the situation in Bolton is now without any corresponding data as to how it compared with previous generations (bar anecdote). It might well have been the same - I'm not claiming it won't have been - but until we have that data I'm not sure what we can discern from the data you posted.

6 minutes ago, Cheese said:

47 years ago, houses cost twice the average salary. Today they cost about 8 times the average salary.

In 1976 I was on £1500 a year. I bought a new house for £9000. My mate, on the same salary bought one for £12,000. He saved more than me for a deposit.

What were you doing in 1976?

3 minutes ago, BobyBrno said:

In 1976 I was on £1500 a year. I bought a new house for £9000. My mate, on the same salary bought one for £12,000. He saved more than me for a deposit.

What were you doing in 1976?

I was born in 1981. How much is your £9000 house worth now?

1 minute ago, Cheese said:

I was born in 1981. How much is your £9000 house worth now?

I’ve moved since then. I said earlier about £140,000

Mum and dad bought what i think was a new build in 67 for 1800 quid

Suspect itd be 150+ now

7 minutes ago, Casino said:

Mum and dad bought what i think was a new build in 67 for 1800 quid

Suspect itd be 150+ now

Hope they won’t have to sell it anytime soon but affordable for a couple on £25k pa?