Saturday, June 15, 2019

The Great Housing Housing Rip-Off! - When will you be able to buy a home

UNISON have produced here an online calculator (called appropriately https://housingripoff.org/) about how long it would take you to save enough money to buy a home up and down the country.

We bought a flat in Newham in 1989 for £55,000 (just before the housing crash but that is another story) with a 100% mortgage. Nowadays, you cannot get a 100% mortgage but for anyone who is on my substantive salary as a Housing officer (which is significantly above the average wage in Newham) it would take 20.8 years to save enough for a deposit to buy an average home in Newham.

What a scam.



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5 comments:

  1. Anonymous16 June 2019 at 17:50

    According to Private Eye Corbyn's son apparently managed to buy a former housing association pad in London and turn it into an air bnb without too much problem? Funny that eh..

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  2. John Gray16 June 2019 at 23:33

    and? perfectly legal to buy a former RTB HA home and perfectly legal to rent it out?

    Of Course the Corbyn family are entirely corrupt not withstanding he claims the least in expenses in Parliament.

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  3. Anonymous18 June 2019 at 08:53

    He's just morally corrupt instead...

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  4. Anonymous19 June 2019 at 09:07

    I thought Corbyn failed to declare his "wreath laying trip" to Black September in the register of members interests?.. Oh my error...he was present but didn't actually lay a wreath even though he is photographed holding one.... ??

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  5. John Gray26 June 2019 at 11:55

    yawn. why do cowardly anonymous trolls think they have the right to judge anyone on morals and don't believe the nonsense about Corbyn (and leave his family out trolls. Have some decency for a once)

    ReplyDelete