Current Affairs Cost of living…

[Spadge Vernacular]

 

[Nightman]

Anyone who has a full time job, provided they have a deposit should be able to own their own home. And I do mean anyone. House/flat size relative to your income, of course.

The Tories took that away.

Anyway, back on topic ...I'm feckin skint.

 

[Harryflashman]

Milk apparently went up by 34% in March it’s not sustainable.

 

[Charro]

Im currently upsizing but the mortgage amount will be scandalous.

2 year fixed it will be with the hopes of a drop in the rates.

The party of the aspiration making it pointless to be aspirational.

 

[spectateur]

This is not exactly true, Marr deceives.
Our supermarket shopping bill has gone up by around 10% since the beginning of the year.
We shop in Intermarché and Lidl in a small town in the middle of France.

 

[Daveysgingerlovechild]

This isn’t wage-price inflation, it’s greedflation – and big companies are to blame | Larry Elliott

British ministers seem keen to avoid what the data tells us, says the Guardian’s economics editor, Larry Elliott

www.theguardian.com

 

[tsubaki]

Milk apparently went up by 34% in March it’s not sustainable.

TBF the way that milk prices were suppressed by supermarkets was not sustainable - some of this increase in price is down to that system breaking.

 

[Nightman]

TBF the way that milk prices were suppressed by supermarkets was not sustainable - some of this increase in price is down to that system breaking.

I think you could make that arguement with a lot of food products tbf.

 

[WA Toffee]

Me and the missus planned to move somewhere bigger in the next few years, but we are properly shaking our heads at the asking prices for what are frankly bog standard houses in not amazing areas. We can see some downward movement, but it is not that strong. I think we'll wait - it is more of a want than a need. I must be getting old because when I see a house going for £250k -£300k+ I expect something fairly nice. A quarter million. Stop and think about that. Yet an average 2-3 bed terrace can touch that these days. Wowsers. Inflation is a bugger, huh?

I'm lucky that I've been a homeowner for 25 years and have a small mortgage, about 10% of my homes value.

The first house we bought cost us about 15 months combined salary, that same house if we bought it now would be about 4 years combined current salary.

Must be an absolute nightmare for younger people looking to get their first homes.

 

[Daveysgingerlovechild]

I'm lucky that I've been a homeowner for 25 years and have a small mortgage, about 10% of my homes value.

The first house we bought cost us about 15 months combined salary, that same house if we bought it now would be about 4 years combined current salary.

Must be an absolute nightmare for younger people looking to get their first homes.

Indeed mate. Chuck in the lack of social housing (not to mention some of the stigma around it) and its one fine mess. Out of curiosity we looked at private rents where we live - double our current mortgage for a similar house. Madness. No wonder folk are struggling.

 

[Spadge Vernacular]

Even though it is Brexit related it feels like this should go in here. The debate on Monday should be interesting.

PetitionWe call upon the Government to hold a Public Inquiry into the impact of Brexit​

The benefits that were promised if the UK exited the European Union have not been delivered, so we call upon the Government to hold a Public Inquiry to assess the impact that Brexit has had on this country and its citizens.

It is time that the people of this country were told the truth about Brexit, good or bad. We deserve to know how Brexit is impacting on trade, the economy, opportunities for young people and how it has affected the rights of individuals. This can only be done by an independent Public Inquiry, free from ideology and the opinions of vested interests.
142,509 signatures

Parliament will debate this petition​

Parliament will debate this petition on Monday 24th April 2023.

You'll be able to watch online on the UK Parliament YouTube channel.

Government responded​

This response was given on 5 December 2022

The UK’s departure from the EU was a democratic choice and the UK-EU institutions are functioning as intended. The Government does not believe this to be an appropriate subject for a public inquiry.

Sign the petition here

https://petition.parliament.uk/petitions/628226

​

 

[COYBL25]

I'm lucky that I've been a homeowner for 25 years and have a small mortgage, about 10% of my homes value.

The first house we bought cost us about 15 months combined salary, that same house if we bought it now would be about 4 years combined current salary.

Must be an absolute nightmare for younger people looking to get their first homes.

Without financial help from somewhere, young people today quite simply aren`t going to be able to buy a flat / house.

Even young people with professional degrees, medicine, engineering, law etc can`t buy, as their starting wages don`t even come near the amount needed to fulfil the criteria for a mortgage.

Unless bank of mum and dad are helping out, you`re knackered.

 

[tsubaki]

I think you could make that arguement with a lot of food products tbf.

Indeed

 

[Daveysgingerlovechild]

UK forecourt owners accused of charging more for diesel than necessary

Campaigners claim lower wholesale prices not being passed on, adding to soaring inflation as many businesses rely on diesel

www.theguardian.com

Unhelpful.

 

[ArtetaMoney]

Getting ridiculous now, £17.60 for a Five Guys!