House Prices Simply Too Expensive For The Young

carefullycautious

Londonsu wrote: »

Why is it so funny, If my parents won the lottery or had an inheritance they could well want to buy a place like that, they have never owned their own home so they would be FTBs wouldnt they? even in their 80s they could still be FTBS, so could my 58 yo sister, she has never owned her own home so could buy an over 55s property as a FTB -although it would have to be a cash sale.

It just makes me smile when people cant write FTBs without putting
the word 'young' in front of it, when in actual fact there are 1000s of people of middleage and older (including my two other sisters in their mid/late 40s) who have never earned enough to buy their own homes even when property was relatively cheap. I am the only one out of my siblings who managed to buy

The funny thing is that the 'young' in our family my 22 and 24 yo nephews have bought their own places and my 20 yo niece is saving like mad for a deposit and is looking to buy with her partner next year.

I stand corrected (apologies) thought the op was meaning young people as in bygone era when younger people were able to purchase.

I understand the above as I am one of the older people who would consider buying if prices were a little lower and huge service charges scrapped.