Quote:
Originally Posted by jaxie
The example I gave was kind of vague because it was a memory of someone else situation and rather depends on what year it was, where the property being purchased was etc. You can't prove a point when half the facts are missing. 
You are always going to have higher prices inner city and quite a few people nowadays earn 150k, particularly if it's a couples joint income if they work in the city. That isn't to say everyone does, it also doesn't mean every flat is £380k. There are plenty of flats for sale in and around London from around 80k in places like Plumstead, Plaistow and Stratford if you do a zoopla search. You might have to go a bit further like Watford or Croydon for something around the 50k mark though I did find one place at Canary Wharf for 65k. A lot depends on where you want to live and what compromises you are willing to make. Well actually it's a boat but what a pretty cool place to start from.
https://www.zoopla.co.uk/for-sale/de...062d18ab2a9fc4
Most people start out with something at a lower price and make revenue on the property to move up the ladder. |
Hang on you brought the silly story of your cousins house up... Why even bother if nobody is to comment on your pointless tale then?
I am aware there are cheaper flats in cheaper areas fgs... I am using Cheries flat as an example to prove the exponential rise in the cost of once affordable housing in the capital and how some are simply priced out completely. Wow it's hard going to put forward a simple point here lately.