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you there again..purposely misreading to ridicule...i said two of the main things...without petrol many people wouldn't leave teh bloody house..wouldn't get to work..particularly up this neck of the woods. Petrol is a big outgoing for many people...as is the mortgage..utility bills

house prices are driven by prosperity. Simple supply and demand . l they are a consequence of a growing economy. Got it?

this is just super..have i got it..got what?

Clive..the only reason house prices are at such a ridiculous level is that the lending levels were lifted..in the 70's you could only borrow 2.5 multiplied your wage + your partners...then in the "booming" 80's they lifted it...as far as i can see i can now borrow 4.5 multiplied +my partner income

its got bugger all to do with prosperity..if you lifted it to allow someone to borrow 10 times their income...then house prices would double from what they are now

prosperity..give up Clive..its got nothing to with people having wealth..its all about who can borrow most...house prices are tied into what people can borrow.

If we are so prosperous..then why do't Mortgage companies only lend twice someone's income??..and thats it..if that happened..within months house prices would come down..its got bugger all to with prosperity..except in the dream world you seem to be existing in.

<blockquote data-quote="EC1" data-source="post: 2518766" data-attributes="member: 65360">you there again..purposely misreading to ridicule...i said two of the main things...without petrol many people wouldn&#039;t leave teh bloody house..wouldn&#039;t get to work..particularly up this neck of the woods. Petrol is a big outgoing for many people...as is the mortgage..utility billshouse prices are driven by prosperity. Simple supply and demand . l they are a consequence of a growing economy. Got it?this is just super..have i got it..got what?Clive..the only reason house prices are at such a ridiculous level is that the lending levels were lifted..in the 70&#039;s you could only borrow 2.5 multiplied your wage + your partners...then in the &quot;booming&quot; 80&#039;s they lifted it...as far as i can see i can now borrow 4.5 multiplied +my partner income its got bugger all to do with prosperity..if you lifted it to allow someone to borrow 10 times their income...then house prices would double from what they are nowprosperity..give up Clive..its got nothing to with people having wealth..its all about who can borrow most...house prices are tied into what people can borrow. If we are so prosperous..then why do&#039;t Mortgage companies only lend twice someone&#039;s income??..and thats it..if that happened..within months house prices would come down..its got bugger all to with prosperity..except in the dream world you seem to be existing in.</blockquote>

[QUOTE="EC1, post: 2518766, member: 65360"] you there again..purposely misreading to ridicule...i said two [B]of [/B]the main things...without petrol many people wouldn't leave teh bloody house..wouldn't get to work..particularly up this neck of the woods. Petrol is a big outgoing for many people...as is the mortgage..utility bills [B] house prices are driven by prosperity. Simple supply and demand . l they are a consequence of a growing economy. Got it? [/B]this is just super..have i got it..got what? Clive..the only reason house prices are at such a ridiculous level is that the lending levels were lifted..in the 70's you could only borrow 2.5 multiplied your wage + your partners...then in the "booming" 80's they lifted it...as far as i can see i can now borrow 4.5 multiplied +my partner income its got bugger all to do with prosperity..if you lifted it to allow someone to borrow 10 times their income...then house prices would double from what they are now prosperity..give up Clive..its got nothing to with people having wealth..its all about who can borrow most...house prices are tied into what people can borrow. If we are so prosperous..then why do't Mortgage companies only lend [B]twice[/B] someone's income??..and thats it..if that happened..within months house prices would come down..its got bugger all to with prosperity..except in the dream world you seem to be existing in. [/QUOTE]

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