NEWS UK houses now cost almost eight times average earnings, says ONS

[Lostbox]

UK houses now cost almost eight times average earnings, says ONS

Average house price to earnings ratio hits 7.77, up from 7.6 in 2016 and the highest in the official time series going back to 2002

www.independent.co.uk

Reer UK
@Nak-Muay-Kru @Angelina @Chase @Basic @libaac

 

[Nak-Muay-Kru]

We're basically priced out of the housing market by;

• Chicks and other rick foreign nations who use houses as a storage of wealth for their ill gotten gains
• Pajeets who all chip in together to buy properties
• Boomers who are reluctant to sell because the rent the property generates outweights selling it outright, and they gov might f*ck their pension credit
• Job market being absolute fucking pozzed and the stagnant wages

Spoiler

You don't have permission to view the spoiler content. Log in or register now.

 

[greyhound stone]

Average Joe in the uk will never own a house.

 

[Mehmet]

We're basically priced out of the housing market by;

• Chicks and other rick foreign nations who use houses as a storage for their ill gotten gains
• Pajeets who all chip in together to buy properties
• Boomers who are reluctant to sell because the rent the property generates outweights selling it outright, and they gov might f*ck their pension credit
• Job market being absolute fucking pozzed and the stagnant wages

Spoiler

You don't have permission to view the spoiler content. Log in or register now.

Same thing in all big cities

 

[Koalab]

fr Hindis rule the housing market in U.K.

Spoiler

You don't have permission to view the spoiler content. Log in or register now.

 

[Amirah]

In the U.S it can range from 4x the average earnings to easily 20x the average for the average person. And goes up rapidly from there.

 

[Nak-Muay-Kru]

Same thing in all big cities

Chinks in particular have completely decimated the housing markets in certain parts of Canada and Australia. At this point without government intervention, the vast majority of millennials and zoomers will probably never own property.

fr Hindis rule the housing market in U.K.

Spoiler

You don't have permission to view the spoiler content. Log in or register now.

Somalis need to learn from them wallahi. We're all so hell-bent of fleeting the family home whether it be for Uni or for marriage. Instead putting money towards a house, most waste it on dumb shit like mehr or extravagant weddings, pointless holidays, you name it.

Unless we fundamentally change our relationship with money as a community we'll always be at the bottom wallahi.

Spoiler

You don't have permission to view the spoiler content. Log in or register now.

 

[Xaruun]

Chinks in particular have completely decimated the housing markets in certain parts of Canada and Australia. At this point without government intervention, the vast majority of millennials and zoomers will probably never own property.

Somalis need to learn from them wallahi. We're all so hell-bent of fleeting the family home whether it be for Uni or for marriage. Instead putting money towards a house, most waste it on dumb shit like mehr or extravagant weddings, pointless holidays, you name it.

Unless we fundamentally change our relationship with money as a community we'll always be at the bottom wallahi.

Pajeets and timo jileec build multigenerational households and live close to their cousins while Somalis are spread out. They’re also a larger ethnic group though but that’s out of our control. Another thing pajeets and timo jileec do is take advantage of mortgage, which is haram. But we need to build networks for successful somalis and learn how to build up wealth instead of pissing it away on marriage and other bs like you said.

 

[Mehmet]

Chinks in particular have completely decimated the housing markets in certain parts of Canada and Australia. At this point without government intervention, the vast majority of millennials and zoomers will probably never own property.

Somalis need to learn from them wallahi. We're all so hell-bent of fleeting the family home whether it be for Uni or for marriage. Instead putting money towards a house, most waste it on dumb shit like mehr or extravagant weddings, pointless holidays, you name it.

Unless we fundamentally change our relationship with money as a community we'll always be at the bottom wallahi.

Spoiler

You don't have permission to view the spoiler content. Log in or register now.

They are minor compared to very rich cadans inflating the market at a much faster rate

 

[Mehmet]

Chinks in particular have completely decimated the housing markets in certain parts of Canada and Australia. At this point without government intervention, the vast majority of millennials and zoomers will probably never own property.

Somalis need to learn from them wallahi. We're all so hell-bent of fleeting the family home whether it be for Uni or for marriage. Instead putting money towards a house, most waste it on dumb shit like mehr or extravagant weddings, pointless holidays, you name it.

Unless we fundamentally change our relationship with money as a community we'll always be at the bottom wallahi.

Spoiler

You don't have permission to view the spoiler content. Log in or register now.

Yeah owning lots of property is the past,present and future

 

[sigmund]

you cant compare us to Asians who came to the UK in the 1950s in droves wheras most Somalis arrived in the UK in the early 2000s as qaxootis.

 

[greyhound stone]

fr Hindis rule the housing market in U.K.

Spoiler

You don't have permission to view the spoiler content. Log in or register now.

My house is owed by Indian family my neighbours are Indians who own there crib. These niggas been in the uk since 1960s then they do family works and saves up for property

 

[0117]

fr Hindis rule the housing market in U.K.

Spoiler

You don't have permission to view the spoiler content. Log in or register now.

Ex Council homes?
Many have bought homes in the '90s through the program that Magaret Thatcher bought forward with discount council homes.

 

[Nak-Muay-Kru]

Pajeets and timo jileec build multigenerational households and live close to their cousins while Somalis are spread out. They’re also a larger ethnic group though but that’s out of our control. Another thing pajeets and timo jileec do is take advantage of mortgage, which is haram. But we need to build networks for successful somalis and learn how to build up wealth instead of pissing it away on marriage and other bs like you said.

You can get "halal" mortgages but it's tricky. Multigenerational households are fucking based beyond belief sxb. No wonder Pajeets are economic power-houses, they pool their resources together. Think about the amount they save on shit like child-care as well.

The rugged individualism shit cadaan was force-feed doesn't work, we can see it's effects right now wallahi. They're a cautionary tale, but some in our community are still insistent on that shit.

you cant compare us to Asians who came to the UK in the 1950s in droves wheras most Somalis arrived in the UK in the early 2000s as qaxootis.

Let's be honest sxb, Iraqis, Kurds and Afghani came after we did and they're already karbashing the f*ck out of us to some extent.
The current generations of Somalis are doing well mashallah, but we still need to be making big purchases as families, instead of falling for the "Nuclear family" cadaan meme.

 

[Koalab]

Ex Council homes?
Many have bought homes in the '90s through the program that Magaret Thatcher bought forward with discount council homes.

Possibly, idk they didn’t give much detail

 

[Xaruun]

You can get "halal" mortgages but it's tricky. Multigenerational households are fucking based beyond belief sxb. No wonder Pajeets are economic power-houses, they pool their resources together. Think about the amount they save on shit like child-care as well.

Let's be honest sxb, Iraqis, Kurds and Afghani came after we did for the most part and they're already karbashing the f*ck out of us to some extent.
The current generations of Somalis are doing well mashallah, but we still need to making big purchases as families, instead of falling for the "Nuclear family" cadaan meme.

Alhamdulillah Somali parents tend to let their children stay in, it’s usually the children who choose to move out. I’d understand moving out for marriage or out of necessity but it’s dumb otherwise. The nuclear family bs where you kick your kids out when they’re 18 is just a scam shilled to gullible retards by Jews in order to keep a steady stream of consoomers.

 

[codewebsduh]

That piece of shit Cigal stole my great grandfathers house in britain through forging a fake "birth certificate" for my great grandmothers family.

It's worth millions today, God i hate Somali corruption !

 

[Basra]

I wish i was a billionaire, i will build fantastic apartment buildings and rent it half the market rent on purpose to disrupt greediness.


Amazon style of big renting corporate. Walaahi that will do it.

 

[Calaf]

How a year of lockdowns has impacted the UK property market | BuyAssociation Group

After three national lockdowns, the COVID-19 pandemic has altered how we live and has had a major impact on the UK property market.

www.buyassociation.co.uk

COVID made it even worst

 

[KobeBryant]

In the U.S it can range from 4x the average earnings to easily 20x the average for the average person. And goes up rapidly from there.

It ranges in the U.S and Canada a Somali can’t buy a house in Seattle/Toronto because it’s expensive but a Somali can buy a house in Minnesota or Alberta extremely easy. That’s the perks of being a Continent instead of a shitty island