Kind of sums it up nowadays

[Dumbo]

Move to Manchester u can get a house in the ghetto for about 20 pence

By all the houses for twenty pence and do them up so it's not a ghetto

 

[Time's Ran Out]

Never take credit!
Save till you can afford it and pay cash.
I didn't consider buying a house as credit, it was an investment and the loan was guaranteed against a increasing valuation.

 

[Dan]

View attachment 91071

It's actually worse than that a guy on 200k wouldn't get that property with even a 10% deposit without further equity in something. They'd want him to upgrade so they have collateral before giving him that.