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An entire generation locked out of property ownership

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Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Joeskeppi wrote: »
    Does anyone have the info I mentioned? Hamish you always have this stuff.

    And how the hell did I get promoted to forum stat geek.....

    Thought that was Cleavers job?:rotfl:
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Probable dole ... there are no jobs :)

    There are plenty of jobs.
    There are plenty of oppertunities at the moment as I see.

    You may just have to consider relocating to where the jobs are, but that has been pointed out before hasn't it?

    http://forums.moneysavingexpert.com/showpost.php?p=34208083&postcount=22
    Originally Posted by PasturesNew viewpost.gif
    No. At both those places you can go and try to find out what jobs they have, but there is no map/list to look at to show where jobs are.
    Could you try this?
    http://jobseekers.direct.gov.uk/homepage.aspx?sessionid=7b020dfc-aa42-440e-84e0-68c776c793bb&pid=4

    I even put in a postcode to determine the area.

    I also know that the industry relevant website that I have used in the past can determine location.

    It seems that you can define by area rather than simply going in and looking at boards of jobs
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    edited 17 May 2011 at 10:59PM
    Cleaver wrote: »
    True. But I was just saying that the market will sort out what happens. If rents are rising I guess you have three choices:

    1) Don't rent. If lots of people do this, presumably rents will fall.
    2) Rent at a higher cost
    3) Cut your cost of renting by renting with someone else.

    Can just see it now.

    Mummy & daddy with their 2 kids, living with mummy and daddy and their 3 kids, all sharing the 3 bed terrace.

    Rock and roll.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Can just see it now.

    Mummy & daddy with their 2 kids, living with mummy and daddy and their 3 kids, all sharing the 3 bed terrace.

    Rock and roll.

    Your describing how many asian families currently live and how many UK famalies used to live

    1950.jpg

    Indeed, there are already 3G households in the UK
    http://www.telegraph.co.uk/property/4176592/Three-generations-under-one-roof-The-family-that-saves-together.html

    http://www.telegraph.co.uk/property/3360341/Living-together-Return-of-the-extended-family.html
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • property.advert
    property.advert Posts: 4,086 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    So just where is the cash which comes from the property owning grandparents going then when their ZX80 bleeps for the final time ? By any reckoning, there is much more of that than ever before.

    The trick is that children are going to have to forgo their inheritance and let the grandchildren have it to get onto the property ladder.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 17 May 2011 at 11:27PM
    There are plenty of jobs.
    There are plenty of oppertunities at the moment as I see.

    You may just have to consider relocating to where the jobs are, but that has been pointed out before hasn't it?

    http://forums.moneysavingexpert.com/showpost.php?p=34208083&postcount=22
    I don't want to work in Aberdeen...

    Today, the jobcentre website had 2 jobs on it for my area + 15 miles:

    1] Cleaner, 3-10 hours/week.
    2] Hotel porter, 12-16 hours/week.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    So just where is the cash which comes from the property owning grandparents going then when their ZX80 bleeps for the final time ? By any reckoning, there is much more of that than ever before.

    The trick is that children are going to have to forgo their inheritance and let the grandchildren have it to get onto the property ladder.
    People on MSE often talk of inheritance.... my grandparents are dead (1971 and 1984) and they had a council house. Others died 60 years ago and 45 years ago - lived in rented after they lost everything in the war.

    As for my parents - anything that could have come from that direction needs to be split several ways - and I think they're most likely to be in a home, so that'll use it all up.
  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    For people who are living in the same area as family, one option of sharing is to buy a bigger house and live in half each. If you compare the size of a £300k house to a £150k house it's not twice the size, they're more like 3x the size and with big gardens too.
  • torontoboy45
    torontoboy45 Posts: 1,064 Forumite
    Apart from they include credit tightening ;)

    fair call; and another salient point overlooked by this boards resident expert.

    facts should never get in the way of any opportunity to spin, eh?

    clucky will be along soon, to back up his mate's spurious assertions.

    good luck, guys. the trouble hasn't even started.
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    I don't want to work in Aberdeen...

    Today, the jobcentre website had 2 jobs on it for my area + 15 miles:

    1] Cleaner, 3-10 hours/week.
    2] Hotel porter, 12-16 hours/week.

    Who mentioned Aberdeen?

    You said there are no jobs
    Originally Posted by PasturesNew viewpost.gif
    Probable dole ... there are no jobs :)
    There are, you just need to locate to where they are, if your serious enough about getting a job.

    Here's on in Bath
    http://jobseekers.direct.gov.uk/detailjob.aspx?sessionid=d11ea23a-e00a-4c63-bbb4-c4c4ff1dbc42&pid=3&j=BTT/30759

    One in Plymouth
    http://jobseekers.direct.gov.uk/detailjob.aspx?sessionid=d11ea23a-e00a-4c63-bbb4-c4c4ff1dbc42&pid=3&j=DEV/40768

    Thing is, you need to do the search and look for something you can adapt to.

    Best of luck
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
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