it`s a vicious circle

say you wanted to buy a house in anywhere in Norfolk, you want get much for less than ?120k. Most bank now want a 25% deposit which is about ?30k.

Not many people can come up with that kind of money so the alternative is private renting where you won`t get much for less than ?500 a month.

So you can end up trapped paying someone else`s mortgage for them and will probably never get to save up for that deposit.

I don`t know what the answer is. What I do know is that I grew up in a Council house as did most people back then. Next we had the right to buy which many people took advantage of. The trouble was that as Local Council housing stock was taken out of circulation it was not being replaced .

There is much more to it all but that`s just my simplistic answer.

Posted By: emmaroyds on October 7th 2011 at 18:58:25

Message Thread

One of the biggest surprises this season has been.......... (NCFC) - usacanary, Oct 7, 18:19:44
- yawn (NCFC) - shoddy, Oct 7, 19:12:54
- interesting that you care (NCFC) - Charles21, Oct 7, 19:09:46
  - Haterz gotta hate. (n/m) (NCFC) - jafski, Oct 7, 19:58:54
  - It proves I am a caring person.......not a bitter h8ter..... (n/m) (NCFC) - usacanary, Oct 7, 19:57:50
- Only a surprise if you thought that in the first place, to be fair. (n/m) (NCFC) - Arizona Bay, Oct 7, 18:48:17
  - P.S. (NCFC) - Arizona Bay, Oct 7, 19:04:12
    - Booooooooooooooooom! Bitchcake lady monkey tilt boyeee! (NCFC) - jafski, Oct 7, 19:53:22
      - LOL. (n/m) (NCFC) - usacanary, Oct 7, 19:54:57
        
        Tilting right back. BoooooooooooooooM! Tiltage. Tilterooni. (NCFC) - jafski, Oct 7, 19:57:09
        
        LOL...... "bong bong bong".......bish bosh bush (n/m) (NCFC) - usacanary, Oct 7, 19:59:20
- Ticket prices must have something to do with it - ?35 for Swansea at home.... (NCFC) - phrankin, Oct 7, 18:46:25
- First few games might explain - (NCFC) - KentonCanary, Oct 7, 18:34:02
  - It will make a change to get a 3pm Sat kick off (NCFC) - emmaroyds, Oct 7, 18:37:42
    - It's helping the NCFC bank balance (NCFC) - KentonCanary, Oct 7, 18:39:54
      - do we get any more in the prem for live home games (n/m) (NCFC) - SCC 28, Oct 7, 18:42:54
        
        yes lots more (NCFC) - emmaroyds, Oct 7, 19:00:31
        
        A minimum of 10 in total live games (NCFC) - KentonCanary, Oct 7, 19:03:00
        
        pure laziness (n/m) (NCFC) - SCC 28, Oct 7, 19:02:30
        
        Hare goo (NCFC) - emmaroyds, Oct 7, 19:12:44
        
        ok so no extr (n/m) (NCFC) - SCC 28, Oct 7, 19:14:27
        
        no extra for playing at home (n/m) (NCFC) - SCC 28, Oct 7, 19:14:46
        
        I don`t think that article is a good break down (NCFC) - emmaroyds, Oct 7, 19:24:17
- The economy has a lot to do with it I reckon (NCFC) - emmaroyds, Oct 7, 18:29:37
  - I pretty much agree. All the talk of making a bigger stadium........ (NCFC) - usacanary, Oct 7, 19:54:24
  - I blame the banks (NCFC) - Ben, Oct 7, 18:37:07
    - bit of both really (NCFC) - emmaroyds, Oct 7, 18:40:49
      - I can never understand how a lack of lending can now be the problem (NCFC) - Ben, Oct 7, 18:46:01
        
        it`s a vicious circle (NCFC) - emmaroyds, Oct 7, 18:58:25
  - won't it be around 55 to see a big team from the jarrold? (n/m) (NCFC) - SCC 28, Oct 7, 18:30:21
- so you were wrong? (n/m) (NCFC) - Brandonio, Oct 7, 18:28:36
  - Thats a physical impossibility....... I am never wrong. (n/m) (NCFC) - usacanary, Oct 7, 19:51:06
- thanks (n/m) (NCFC) - SCC 28, Oct 7, 18:23:49

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