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How many people in the UK on £50k have got £60k spare cash for a deposit?

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    #11
    Originally posted by expat
    "I don't like it, but that is no reason why it should be illegal". No, I don't suppose that makes sense to you. Sigh.
    Some things has got to be regulated - for example I am strongly pro-gun ownership, but I am sure against having guns purchased with a fake driving license by anyone, it has to be regulated.

    Take banks - they are regulated pretty heavily: they have limits set by central banks to ensure they do not take too much risk as the whole economy can collapse in cases when big bubbles are build.

    Have you forgotten 2000-2002 already? I remember how people on this board were bitter about not being able to find contract for 18 months, and why did that happen? Because unregulated bubble was build and it burst, same is happening now on a much bigger level as home ownership in this country is very high.

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      #12
      Originally posted by AtW
      Some things has got to be regulated - for example I am strongly pro-gun ownership, but I am sure against having guns purchased with a fake driving license by anyone, it has to be regulated.

      Take banks - they are regulated pretty heavily: they have limits set by central banks to ensure they do not take too much risk as the whole economy can collapse in cases when big bubbles are build.

      Have you forgotten 2000-2002 already? I remember how people on this board were bitter about not being able to find contract for 18 months, and why did that happen? Because unregulated bubble was build and it burst, same is happening now on a much bigger level as home ownership in this country is very high.
      Exactly. Some things have got to be regulated. And some things do not have to be regulated.

      Gun ownership does, because there is danger to life otherwise. The price you sell your house at does not.

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        #13
        Back to the original question ... many people on 50K p.a have very very good bonuses (some get a bonus that is more than their annual salary). Also there are a lot of people who took the risk a few years ago on a house investment and managed to have at least 50K profit.

        I think quite a few people have the deposit you mentioned ...

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          #14
          My wifes bonus is over £100K pa.

          Every little helps.

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            #15
            Originally posted by expat
            The price you sell your house at does not.
            When the bubble bursts and a lot of people lose jobs, even more get salary cuts, then lifes of them all (and some will lose lifes due to stress) will be far more than few madmen who would kill innocent people from their guns. Actually

            if almost everyone carried firearms then such incidents would be very limited - the person would get gunned down very quickly by members of the public, knowing that these crazy scum won't cause much damage: they only can when others are unarmed.

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              #16
              AtW has lost his mind and I claim my five Roubles.

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                #17
                I think I gained it actually - a lot of things are pretty clear to me now.

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                  #18
                  Originally posted by DimPrawn
                  My wifes bonus is over £100K pa.

                  Every little helps.
                  That is amazing, what does she do ?
                  I can't ever imagine having that much money, or buying a house...

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                    #19
                    Originally posted by Lucy
                    That is amazing, what does she do ?
                    I can't ever imagine having that much money, or buying a house...
                    Are you not a contractor? Won't be long

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                      #20
                      Originally posted by Lucy
                      That is amazing, what does she do ?
                      I can't ever imagine having that much money, or buying a house...
                      That is a lot of money for a cleaner

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