Random Irritations

[PJ87]

When my parents bought their first house in 1964 a 3 bed Semi in High Wycombe cost £3500
Dad was earning £1000 a year and put down a deposit of £400

So that’s 3 1/2 times His sole salary / value

Fast forward 55 years and that same house changed hands last year for £350,000
Average salary around here say £50,000 joint, so that’s now 7 times JOINT salaries/ value

That’s a huge difference,
Most deposits for first time buyers come from the bank of mum & dad or from an inheritance

In the above example a £35000 deposit would leave a mortgage of £315,000 plus stamp duty and legals
The mortgage repayment would be around £1550 per month over 25 years

Yeah the youngsters of today really have it easy don’t they ?

I fear for My daughters getting on the market in the future

Jobs aren't overly careers anymore it seems.. will they get any kind of well paid work to get even close to the market

 

[Captainron]

Any where on the main line into London is expensive. I have never worked for anyone near London that pays London rates.. they force a commute.
I was talking to a bloke about some work and he said the office was in London, so I asked what he was paying... the quality of life would not have been met even if he doubled it. Best to stay north...

Doesn‘t help when Alan Sugar suggests that working from home is not good for business either. Forcing people into pointless offices has to change .. showcase offices in London should be taxed, totally unnecessary. The environmental cost of having people commuting is also huge.

I think that a lot of firms will look at allowing people to work from home a lot more. Only having to go in a couple of times a week instead of every day looks very possible.

 

[BrianM]

Any where on the main line into London is expensive. I have never worked for anyone near London that pays London rates.. they force a commute.
I was talking to a bloke about some work and he said the office was in London, so I asked what he was paying... the quality of life would not have been met even if he doubled it. Best to stay north...

Doesn‘t help when Alan Sugar suggests that working from home is not good for business either. Forcing people into pointless offices has to change .. showcase offices in London should be taxed, totally unnecessary. The environmental cost of having people commuting is also huge.

My wife worked in London for a couple of years to help on a tax job, we got a flat at Liverpool Street station, but her wages were nothing like the ‘londoner’ doing the same job, apparently a large mark up on wages called the ‘London wage’

 

[Dando]

I think that a lot of firms will look at allowing people to work from home a lot more. Only having to go in a couple of times a week instead of every day looks very possible.

My firm have given us the option of going into the office when it reopens or continue working from home

 

[AmandaJR]

My wife worked in London for a couple of years to help on a tax job, we got a flat at Liverpool Street station, but her wages were nothing like the ‘londoner’ doing the same job, apparently a large mark up on wages called the ‘London wage’

It used to be called "London Weighting" ... just checked and according to Google it still is:

https://www.perkbox.com/uk/resources/blog/london-weighting-what-is-it-and-who-is-entitled-to-it

 

[USER1999]

Mortgages are the biggest mill stone you can have, but they are not the worst.
If you can hang in there and play a good game you will have a pension scheme. People who rent will not, they are making someone else richer.
I sat in meetings where futurists said people did not want to own stuff, they wanted experiences.
That was a lie, if I can sell you something that you never own, my profits are enormous. So look at PCP deals and hire purchase deals, credit and interest rates... it’s all easy money for someone else and your lining that pocket.
I think it explains car prices, I was not aware of how big the mark up was until I worked for one. I knew about the perfume houses paying more for the packaging than the perfume that was in the bottle. But I thought I was looking at 50-60% mark up on cars .. nah it’s way bigger than that.. it’s at least 5 x ... then there are the credit deals at 5+% Apr .. do you still want to own the latest and greatest ?? Especially when it is designed to die or look out of fashion? The point is car prices escalated up because people think they can afford it .. what you can afford is what you have in stone cold cash. On paper you may have something but when you convert it to cash it’s real value will be found out.

Going to be an interesting couple of years ahead of us .. I like the stay at home work from home thing it’s positive. But there are going to be some people up the proverbial river without a paddle and possibly the boat will be repossessed as well.

I like the idea of paying cash. 30k on a loan is xxx a month for xxx months. If you saved up 30k, would you spend it all on a car? I doubt it. You would want to hold some back.
But 30k on the tick is more like 35k or more, but because it doesn't come out in one go, people are happy to spend it.

 

[Beezerk]

Having to block ex girlfriend on Facebook after she sent a snotty message ?

 

[Captainron]

London. I am not a massive fan of the place. I can do 2 days and then I have to get the fudge out! Just too big and up its own backside for me.

 

[Imurg]

London. I am not a massive fan of the place. I can do 2 days and then I have to get the fudge out! Just too big and up its own backside for me.

I'm down to a matter of hours of London tolerance these days....if I didnt ever have to go there again I wouldn't be upset...

 

[Crazyface]

And what age group are responsible for the total lack of council houses after those renting them were encouraged to buy them, which has forever distorted the housing market?
Or shall we continue to blame the youngsters of today?

Well it wasn't me. You can't attack my irritation by throwing something I had nowt to do with back.

 

[Crazyface]

London. I am not a massive fan of the place. I can do 2 days and then I have to get the fudge out! Just too big and up its own backside for me.

Why do you think it's "up it's own backside"? I don't like London. Big smelly horrible place. But I'm interested to know why you say what you did.

 

[Bazz]

Should've been going West Ham today

 

[Neilds]

Should've been going West Ham today

Surely this is in the wrong thread ????

 

[pendodave]

Should've been going West Ham today

Me too. I've a mate who's a wolves fan currently living in paris.we try and catch this game every year. I've only ever seen wolves beat us, so more a blessed relief than a random irritation i suppose....

 

[Blue in Munich]

London. I am not a massive fan of the place. I can do 2 days and then I have to get the fudge out! Just too big and up its own backside for me.

Thought you were describing yourself for a moment Cam...

 

[Blue in Munich]

Should've been going West Ham today

Surely this is in the wrong thread ????

Definitely, should be in things that gladden the heart.

 

[Blue in Munich]

Back to the irritations; Sainsburys Self-Scan.

Did a £240 shop today, get to the checkout, everything packed. Selected for a random check scan. Scans 3 items; "Oh, it doesn't recognise something that is in your basket." "So what do we do?" "You'll have to unpack it and put it all through the checkout; it sometimes loses connection, it's one of those things...".

The scanner keeps a running total as you go round. So, having unpacked, manually scanned & repacked everything, the checkout operator came to a total lower than the one I had self-scanned in...

 

[Fade and Die]

Back to the irritations; Sainsburys Self-Scan.

Did a £240 shop today, get to the checkout, everything packed. Selected for a random check scan. Scans 3 items; "Oh, it doesn't recognise something that is in your basket." "So what do we do?" "You'll have to unpack it and put it all through the checkout; it sometimes loses connection, it's one of those things...".

The scanner keeps a running total as you go round. So, having unpacked, manually scanned & repacked everything, the checkout operator came to a total lower than the one I had self-scanned in...

Think I would have walked out. Tech failure makes my blood boil!

 

[Blue in Munich]

Think I would have walked out. Tech failure makes my blood boil!

Trust me, I was close. If it had been easier to retrieve the bags and leave them to sort out the mess I probably would have.

 

[Ted-on-tour]

Wife quizzing me about golf timescale this morning as she wanted to go and deliver Fathers day cards/gifts, only to turn the Faff meter up to 11 when I got back rather than actually getting ready.