When/Will house prices cool down?

When/Will house prices cool down?

Author
Discussion

Pit Pony

8,655 posts

122 months

Sunday 14th April
quotequote all
LooneyTunes said:
I don't think it's just oversight or even actual/perceived productivity.

Arguably a large part of the issue is that many (especially younger staff) simply do not have appropriate facilities to work from home. It always amazes me that the occupational health teams, recently so insistent on workplace assessment and desks/workstations with all the bells and whistles, are suddenly quite happy with the idea that staff can work on laptops (often without separate keyboards/monitors) at their (non height-adjustable) kitchen tables whilst sat on (non adjustable chairs)... of course, saying you can only WFH if you have a dedicated and appropriate home office isn't something that would resonate with the majority. Which, in part, I suspect is why many firms are saying "back to the office please".

That isn't to say that some employees can't/don't work well remotely, but even several years after covid, I'm yet to be convinced that it works for the majority of office jobs.


I've got a slice of tree positioning my monitor (circa 2002) at the right height.

LooneyTunes

6,879 posts

159 months

Sunday 14th April
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Pit Pony said:
I've got a slice of tree positioning my monitor (circa 2002) at the right height.
Yes, but I suspect you're old enough to know about a decent workspace being important. smile

Lots of people just don't have the space to be able to set anything up.

brickwall

5,250 posts

211 months

Sunday 14th April
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LooneyTunes said:
Lots of people just don't have the space to be able to set anything up.
So they should come into the office. Their call.

I think especially for younger staff they may need to come into the office more - because their job may require a steeper learning/development curve, or because they won’t have suitable facilities at home.

And those managing them may need to come in, to provide that training and development.

But my entire view is output-based: you do what you need to do to get the job done; you don’t set mandates for coming to an office, you set mandates for what needs to get done. That may or may not require coming in, equally it may or may not require travelling to Timbuktu.


Sheepshanks

32,807 posts

120 months

Sunday 14th April
quotequote all
brickwall said:
LooneyTunes said:
Lots of people just don't have the space to be able to set anything up.
So they should come into the office. Their call.
One of my daughters is a teacher and she said newly qualified teachers are leaving because they can’t work from home!

okgo

38,090 posts

199 months

Sunday 14th April
quotequote all
Sheepshanks said:
One of my daughters is a teacher and she said newly qualified teachers are leaving because they can’t work from home!
I think we’re probably best off without people with that sort of brain power teaching others, tbh!

Sheepshanks

32,807 posts

120 months

Sunday 14th April
quotequote all
okgo said:
Sheepshanks said:
One of my daughters is a teacher and she said newly qualified teachers are leaving because they can’t work from home!
I think we’re probably best off without people with that sort of brain power teaching others, tbh!
I said something like that. Apparently it’s not that they weren’t aware, it’s that they’re envious of their friends who can meet for lunch, go the gym etc.

Mind you, mature entrants can be a problem- some of them genuinely think it’ll be a 9 to 3.30 working day.

Edited by Sheepshanks on Sunday 14th April 20:38

borcy

2,921 posts

57 months

Sunday 14th April
quotequote all
LooneyTunes said:
I don't think it's just oversight or even actual/perceived productivity.

Arguably a large part of the issue is that many (especially younger staff) simply do not have appropriate facilities to work from home. It always amazes me that the occupational health teams, recently so insistent on workplace assessment and desks/workstations with all the bells and whistles, are suddenly quite happy with the idea that staff can work on laptops (often without separate keyboards/monitors) at their (non height-adjustable) kitchen tables whilst sat on (non adjustable chairs)... of course, saying you can only WFH if you have a dedicated and appropriate home office isn't something that would resonate with the majority. Which, in part, I suspect is why many firms are saying "back to the office please".

That isn't to say that some employees can't/don't work well remotely, but even several years after covid, I'm yet to be convinced that it works for the majority of office jobs.
I'm not sure Occupational health were happy, the bosses might well have been as they could bin off office space.

havoc

30,091 posts

236 months

Sunday 14th April
quotequote all
Sheepshanks said:
I said something like that. Apparently it’s not that they weren’t aware, it’s that they’re envious of their friends who can meet for much, go the gym etc.

Mind you, mature entrants can be a problem- some of the genuinely think it’ll be a 9 to 3.30 working day.
I'm in the wrong bloody job...WFH 3 days a week and still doing c.8am to god-knows-when pm! frown

Sheepshanks

32,807 posts

120 months

Sunday 14th April
quotequote all
havoc said:
I'm in the wrong bloody job...WFH 3 days a week and still doing c.8am to god-knows-when pm! frown
She’s been at a few schools and normally they want staff on site by 8AM. With traffic she needs to be on her way not long after 7. Where she is now they have a long school day as most kids are bussed in so they do activity stuff during extended lunchtimes. I don’t think a leaving time is enforced but she’s usually there until 6.

havoc

30,091 posts

236 months

Sunday 14th April
quotequote all
Sounds like my mate and his wife...both secondary school teachers and have 3 kids, so both work late into the evenings to get the job done.

Objectively, careers like teacher and nurse have been so neglected for so long, and have salaries which have failed to keep pace for so long, that you've got to be passionate to even consider it anymore. Which feels like a big fat risk to society...

...but hey, let's create some more non-value-add middle-man jobs with big fat commissions to entice all those who've failed at school into! rolleyes

A993LAD

1,639 posts

222 months

Sunday 14th April
quotequote all
I just stumbled across these evening newspaper billboards that I nicked from the newspaper vendor at Victoria Station back in 2004.

It's a mark of how house prices continue to Intrigue the nation across the Decades.

The only reason I obtained the first one about the housing market slump was to annoy a colleague in the office. He had been talking about buying a house in London for years but prices kept escalating even though the media kept proclaiming that the bubble must surely burst so he kept waiting for the decline in prices. In the end he could wait no longer and finally committed to buying a house and he literally completed on his deal and went out to celebrate over lunch with the team. I spotted the newspaper headline about prices dropping and stole the newspaper billboard so I could leave it on his desk to take the wind out of his sales on his return from lunch.

Literally 3 days later the evening paper was crowing about prices rising again so I grabbed the second billboard and thought they would make a great pair.

Two decades later the story is pretty much the same it's just that the prices are much higher.





Edited by A993LAD on Sunday 14th April 21:07

ooid

4,100 posts

101 months

Sunday 14th April
quotequote all
Sheepshanks said:
She’s been at a few schools and normally they want staff on site by 8AM. With traffic she needs to be on her way not long after 7. Where she is now they have a long school day as most kids are bussed in so they do activity stuff during extended lunchtimes. I don’t think a leaving time is enforced but she’s usually there until 6.
I understand early starts surely, but teachers should be able to leave once the school finishes with students (15.30?). Extended lunchtime or other activities should be based on voluntary (+paid). It's an extremely difficult profession especially once you have a family and kids, and horrible pay. When you are young, its great and can keep up with the energy levels but later in life becomes totally not sustainable. People laugh and make fun but it is officially the highest stress generator profession in U.K.

Pit Pony

8,655 posts

122 months

Monday 15th April
quotequote all
ooid said:
Sheepshanks said:
She’s been at a few schools and normally they want staff on site by 8AM. With traffic she needs to be on her way not long after 7. Where she is now they have a long school day as most kids are bussed in so they do activity stuff during extended lunchtimes. I don’t think a leaving time is enforced but she’s usually there until 6.
I understand early starts surely, but teachers should be able to leave once the school finishes with students (15.30?). Extended lunchtime or other activities should be based on voluntary (+paid). It's an extremely difficult profession especially once you have a family and kids, and horrible pay. When you are young, its great and can keep up with the energy levels but later in life becomes totally not sustainable. People laugh and make fun but it is officially the highest stress generator profession in U.K.
I'm.not surprised.

As my Daughter in law said to my son before he packed in teaching and went and joined PWC as a trainee auditor:
You aren't mentally ill, it's the work, the people you work with, and the kids that are wrong for you, don't take anti depressants. Get out whilst you can.
5 years on: He's now a senior financial analyst in a moderately sized automotive car parts distributor and earns twice what he would earn as a teacher, working for people who like him, 2 days a week in the office. 3 days at home, stress at a moderate level which motivates rather than sends you suicidal.

Sheepshanks

32,807 posts

120 months

Monday 15th April
quotequote all
My original point wasn't about teaching itself, but about how employers allowing WFH affects the willingness of people to do jobs where WFH isn't feasible.

asfault

12,231 posts

180 months

Monday 15th April
quotequote all
Sheepshanks said:
okgo said:
Sheepshanks said:
One of my daughters is a teacher and she said newly qualified teachers are leaving because they can’t work from home!
I think we’re probably best off without people with that sort of brain power teaching others, tbh!
I said something like that. Apparently it’s not that they weren’t aware, it’s that they’re envious of their friends who can meet for lunch, go the gym etc.

Mind you, mature entrants can be a problem- some of them genuinely think it’ll be a 9 to 3.30 working day.

Edited by Sheepshanks on Sunday 14th April 20:38
Meet for lunch , go to the gym. This further solidifies my belief that alot (NOT ALL) of the work from home crowd are skiving and infact have caused the demand for more workers as they are doing alot less but very difficult to prove it.

DonkeyApple

55,417 posts

170 months

Monday 15th April
quotequote all
asfault said:
Meet for lunch , go to the gym. This further solidifies my belief that alot (NOT ALL) of the work from home crowd are skiving and infact have caused the demand for more workers as they are doing alot less but very difficult to prove it.
Or, they were doing the same when commuting in but no longer have to be at the desk while not working.

The key is that if you're paying someone £50k to do a job and they're actually doing that job well enough but spending time shooting pool as well then you don't have a problem with that individual. The problem is the employee who is struggling to deliver on their promise to do x amount of work for y amount of money who then thinks they can also go and play pool just because someone better than them can make that time. Both doing the same job and same hours along with the same recreation but one employee is doing a good job, the other is a fraudster. The issue is that you can't just tell the second one that they're a waste of space and to FRO like you used to, instead you need a team of people to help fabricate an elaborate back story that might enable you to move them on at some point over the next year or two. biggrin

It's pretty costly and time consuming to merge teams and roles, ask everyone to reapply etc etc, just to get rid of someone HR should have been shrewd enough to not let in the door. It was much more efficient when you just went up to that person and told them the truth that it's not us, it's you.

brickwall

5,250 posts

211 months

Monday 15th April
quotequote all
asfault said:
Sheepshanks said:
okgo said:
Sheepshanks said:
One of my daughters is a teacher and she said newly qualified teachers are leaving because they can’t work from home!
I think we’re probably best off without people with that sort of brain power teaching others, tbh!
I said something like that. Apparently it’s not that they weren’t aware, it’s that they’re envious of their friends who can meet for lunch, go the gym etc.

Mind you, mature entrants can be a problem- some of them genuinely think it’ll be a 9 to 3.30 working day.

Edited by Sheepshanks on Sunday 14th April 20:38
Meet for lunch , go to the gym. This further solidifies my belief that alot (NOT ALL) of the work from home crowd are skiving and infact have caused the demand for more workers as they are doing alot less but very difficult to prove it.
I think this can be handled through effective management.

I remember one of my team joined having predominantly worked in the Far East - he was asking me permission to step away from his desk for an hour in the afternoon to pick his daughter up from school.

I had to explain to him that I hired him to run a multi-million pound project. Generously, of course go pick up the daughter, he doesn’t need to ask me - I couldn’t care less what hours he works.
Less generously, given the responsibility I’m handing him for a complex project, I expect him to be capable of managing his own time and doing whatever / being wherever he needs to make the project a success.

borcy

2,921 posts

57 months

Monday 15th April
quotequote all
asfault said:
Sheepshanks said:
okgo said:
Sheepshanks said:
One of my daughters is a teacher and she said newly qualified teachers are leaving because they can’t work from home!
I think we’re probably best off without people with that sort of brain power teaching others, tbh!
I said something like that. Apparently it’s not that they weren’t aware, it’s that they’re envious of their friends who can meet for lunch, go the gym etc.

Mind you, mature entrants can be a problem- some of them genuinely think it’ll be a 9 to 3.30 working day.

Edited by Sheepshanks on Sunday 14th April 20:38
Meet for lunch , go to the gym. This further solidifies my belief that alot (NOT ALL) of the work from home crowd are skiving and infact have caused the demand for more workers as they are doing alot less but very difficult to prove it.
I wonder how much of their jobs, when in the office, is spent doing something useful and how much is spent looking busy, going to pointless 2hr meetings etc.
Perhaps they able to do more of the former and less of the later.

untakenname

4,970 posts

193 months

Monday 15th April
quotequote all
WFH has likely seen an increase in productivity as you're more likely to be working to get things done rather than just faffing around in the office trying to look busy till the clock out at 5pm.


A993LAD said:
I just stumbled across these evening newspaper billboards that I nicked from the newspaper vendor at Victoria Station back in 2004.


The evening standard has been doing this forever, I remember in the lead up to the Brexit referendum they had the headline that house prices would crash if we left and then again when Covid 19 hit.


Where I live in S/E London lots of properties which were STTC earlier this year are now back on the market, this property for example has been on for coming up to a year, it's a premium listing so it crops up everytime I use rightmove.




The price of tradesmen hasn't come down since the Pandemic in London so properties which require a bit of work and would have been bought by flippers previously are now languishing.

DonkeyApple

55,417 posts

170 months

Monday 15th April
quotequote all
If someone had a household gross income in excess of £150k what would be the reasoning for wanting that house?