Taylor Wimpey Share Discussion Threads

[lancasterbomber] 28/7/2022 17:00

MY first house in Cornwall in 1972 was £7K
Next one in Langley Slough in 1975 was £15K

[martyn9] 28/7/2022 16:03

Being an old fart my first 2 bed terrace in yorkshire cost me £8,000!! 41yrs ago.

[baracuda2] 28/7/2022 15:23

Me to, I remember my first house I bought in 1988, the neighbours said , how can to afford a large mortgage, it was £48k

[jugears] 28/7/2022 15:01

rwlly1, yes I agree, it was also easier to make money on the stock market then!

[fenners66] 28/7/2022 14:53

rwlly1 - you must have thought that property was overpriced many times before in the past.
I know I have.

Whenever I visited friends and discussed the prices being paid in their areas I baulked.
Been doing that for a long time....

[jugears] 28/7/2022 14:05

So you keep saying!

[sikhthetech] 28/7/2022 13:52

housing market crashes in other major countries...UK is not immune...


'The damage is likely to have already been done': A former IMF official says that substantial home price declines are coming in the US housing market as demand-crushing dynamics continue to put buyers on the sidelines

[jugears] 28/7/2022 13:21

I am not saying everyone has the same stab at life, but if you have a positive attitude & good work ethic then most people will get somewhere in life, you have to take chances in life if you want to get anywhere because it wont be handed to you on a plate. to many people sit there moaning that they wished they had done this or that, well if you don't try you wont find out, its like farmers moaning they have no money & burying there heads in the sand, its very simple the you just have to diversify, if something don't pay don't do it, you can't dig everyone out of a hole or expect others to, you have to do it your self which is what I did all those years ago. one of the biggest problems is that people don't start saving early enough in life, even if you put a pound a week away from an early age then that money will grow & you get in to a routine of saving & as you go through life saving becomes normal practice,
Currently the housing market could not cope with the lower paid being able to afford houses,if it could then that would just push prices even higher!

[fenners66] 28/7/2022 13:12

Not that this has anything to do with TW.
But take a look at the number of immigrants , to any country that arrived with Nothing and made a fortune through hard work.
Many without the benefit of even knowing the language and many without an education or the "intelligence".
The clear point is that if someone is motivated enough they can achieve.

The antidote to that is to have a planned economy with no incentive or a social welfare economy also with little incentive.

There will always be the "deserving poor" through no fault of their own - but equally there will also always be a large amount of those that choose a poor lifestyle.

[rwlly1] 28/7/2022 12:28

There you are, you assume that everybody has the same stab at life as you have had, not true. Because if everybody was boss of a buisnes where would all the workers come from? another planet.

[rwlly1] 28/7/2022 11:44

JUG Why do you have to keep rubbing hard working peoples noses in it. when they can not afford to buy a house becauce they are so overpriced. Shame on you.

[jugears] 28/7/2022 08:41

Hope so I've got a ton of money in the bank earning very little 5-10% would be fantastic fixed for 5 years, oh well we can all dream! On a positive note insurance companies are reluctant to insure credit for offsite modular homes compaines due to the amount that are going bust, fortunately we have not supplied any recently & I have never seen this as a cost effective way to build houses Imo even less competition for Tw.

[sunshine today] 28/7/2022 08:09

75 point tick up in American rates last night.

Same here next month. ?

[martyn9] 27/7/2022 12:21

GB news personally my choice.

[fenners66] 27/7/2022 12:07

US New Home sales were the worst last month (rolling 12m ) for 2 years , absolutely awful news huh ?


Except that at that level they are higher than the previous 11 years ....

There are stats

and there is perspective....

[gbh2] 27/7/2022 08:36

Ukcolumn is usually 2 days behind.

[spawny100] 27/7/2022 08:26

UK Column is the best news programme imo.

[jugears] 27/7/2022 08:24

I only watch channel 5

[fenners66] 26/7/2022 23:44

I think it was last week on Bloomberg
UK retail sales up
But Consumer survey down

Which got precedence - the actual unexpected increase in real transactions
or
the result of people being questioned by some gloom and doom merchant , what do you anticipate for
your future spending ?

Good news not news , bad speculation that's news , especially if the BBC get hold of it.

They , the BBC , really are a more effective opposition.
But they are worried that the current govt may strip them of the cash from the TV license

[jugears] 26/7/2022 23:14

Fuel is dropping in price that alone will see prices for goods start to reduce it will all filter through slowly, Covid taught a lot of people how to save & make your money go further & that it's better to own a property than it is to have a fancy luxury items on the never never! We seem to also have a very sensible B,oÈ chief that knows what hes doing, on the one hand he has to reduce inflation & on the other he has to stop the uk tipping into recession slow & steady rises I think will be the order of the day,you cant irradicate this type of inflation over night.

[sunshine today] 26/7/2022 20:26

Mr Lamont said: “Many people won’t be able to stump up the extra and housing market activity will seize up. It will eventually cause house price falls because sellers will need to reduce asking prices as a result.