b3ta.com board
You are not logged in. Login or Signup
Home » Messageboard » Message 7803535 (Thread)

# the shits really going to hit the fan
when all the 2 & 5 yr fixed rate deals end...
all those people with crazy 4, 5 and 6 times multiples of borrowing will be well and truly stuffed....
(I helped save b3ta! WOLF .™, Tue 20 Nov 2007, 12:56, archived)
# I know of someone in London who was given 8 times their salary...
ludicrous :S

I think the shit is generally hitting the fan now at a low level, it's just going to be interesting to see how big the mess gets...
(I helped save b3ta! The Great Architect is still waiting for his account to be deleted on, Tue 20 Nov 2007, 12:59, archived)
# the thing is
if people are/were sensible then it's less of an issue. I/we borrowed what we were comfortable with at the time, and payrises and job changes have simply helped the situation get better - so much so that we could now afford to upgrade should we wish too.

If you want to live right in a city centre flat or in a 4 bedroom mansion then be prepared to pay the full whack for it. there are still some realistically priced houses in okay areas (I live in Bristol which is quite an expensive location).
(I helped save b3ta! DLT's Musical Bonanza is totting up the p, Tue 20 Nov 2007, 12:59, archived)
# you are assuming that the 'masses' are sensible there
there are a few of us who try and do the 'right thing' - however, there are also those who see others get away with thigns and think 'if they can, so can we' and they do not think about consequences.
More poeple spend time choosing and buying a car then choosing and buying a house.
(I helped save b3ta! The Great Architect is still waiting for his account to be deleted on, Tue 20 Nov 2007, 13:09, archived)
# Hmm
I'd have to say Bristol is dirt cheap... average house price is £221,159 where I live it's £425,662.

(I helped save b3ta! WOLF .™, Tue 20 Nov 2007, 13:47, archived)