At What Age Did You Move Out Of Mummy And Daddys?

Cleaver

Jimmy_31 wrote: »

If rents and bills were not so high he could easily house himself on a crap site labourer wage.

Indeed. The crux of the issue is though that rent and mortgages just are what they are and they won't come down to meet your friend's single minimum wage because the majority of people earn more than the minimum wage and can afford to buy or rent a place. That's just a simple market place.

Maybe someone more knowledable than me will know: has there ever been a period over the last 50 or so years when someone in their fifties who earns minimum wage and is in and out of work would have been given a mortgage to buy their own home? I don't think that's a modern thing.

Jimmy_31

Cleaver wrote: »

Indeed. The crux of the issue is though that rent and mortgages just are what they are and they won't come down to meet your friend's single minimum wage because the majority of people earn more than the minimum wage and can afford to buy or rent a place. That's just a simple market place.

Maybe someone more knowledable than me will know: has there ever been a period over the last 50 or so years when someone in their fifties who earns minimum wage and is in and out of work would have been given a mortgage to buy their own home? I don't think that's a modern thing.

Can you suggest were everybody on minimum wage should live ?

Wages have gone down and are still going down so consequently people who would have bought or rented a 2 bed terrace are now buying or renting a 1 bed flat, thats not doing people on minimum wage any favours is it. no chance of them renting a room in our area because next to nobody wants to rent a room out in this area

everybody i work with is completely pi55ed off with the state of the country and a couple of lads have just walked off the job in the last couple of months because they are getting nowhere fast (they are not in their 50s). lots of the trades are earning the absolute minimum it takes to pay the mortgage and normal bills so i cant see why rents and mortgages wont come down as the way i see it they have to come down or things are going to get very ugly.

jackieb

18-25

I moved in with my OH when I was 18. I was the youngest of the family by quite a few years. My brother and sister never moved out until their mid-20s.

My eldest moved out just before he turned 27. He said i'm still going to have the other 3 here when they're in their 40s! I'd have been worried sick if any of mine had said they'd wanted out when they were 18, but I would like them to move out sometime before that!

Badger_Lady

<18

I was almost completely out of home in 1999, aged 16... my school was 50 miles from my parents' house and I just wasn't interested in going 'home' any more, didn't see the need and thought the train fares were a rip-off.

At 17 I officially moved into a shared house and paid the rent from my Saturday job at Clark's Shoes and my evening job at the Odeon cinema, both of which were eventually replaced by a 20-hour-a-week job at a nursing home. I studied for my A-levels entirely independently, whilst also learning to cook and live on a (very tight!) budget.

At 18 I moved in with my boyfriend and got a place at University. Then I broke up with my boyfriend and rented a tiny studio flat of my own, which I could only afford because I was a student (no council tax). At 21, after finishing Uni and getting a 'proper' job, I took out my first mortgage and bought a cosy one-bedroom flat, and at 24 I upgraded to a big house filled with lodgers to pay the mortgage off.

I'm very proud of growing up early, and am convinced that it's been a contributor to my independence and confidence as an adult Now aged 28, I'm debt-free and almost in a position to look at giving up employed work and finding my own enterprise / vocation in life. Can't wait!

RazWaz

<18

I was 17, moved into a flat of my own in my hometown, then 6 months later I had turned 18 and moved 250 miles away for uni. Ended up moving somewhere completely different after that and I've now settled down and started putting down roots 70 miles away from my hometown.

My friends were rather pleased that they could come round to my flat and have a few hours parent free, I almost never had it to myself.

movilogo

25-30

In many countries and societies people spend their entire lives with parents and extended families. Their children seldom become chavs

Cleaver

Jimmy_31 wrote: »

Can you suggest were everybody on minimum wage should live ?

It's not up to me to suggest where people should live, but if I had my way everyone would live wherever they wanted to live. But we don't live in a utopia. I'm just passing my comment and opinion where people can live in this real world.

According to this article 8% of the adult workforce were on minimum wage in 2007 and I presume it's something similar now, so we're not talking a huge amount of people. The bottom 8% earners can't buy a house, and I'm not sure they've ever been able to really, because they don't earn enough. It's that simple isn't it? So I guess they have to live at home, buy with someone(s) else or rent a room somewhere. The other 92% of people who earn more than them will rent and buy all the property.

You go on to say that your friend can't afford a room in a house, but he probably can. If he earns just over a grand a month then I'm sure he can rent a room for £200 or £300 a month somewhere. You can rent a room in a nice 2-bed flat in most city centres for that, so if you're in a town or suburb he should be fine. Where does he live?

Your friend has a number of options:

• Find a way to earn more;
• Buy or rent a place with one or more people;
• Rent a room in a house or flat;
• Do nothing and stay where is at his parents.

reweird

18-25

Jimmy I know after repeatedly answering your questions over your 'minimum wage 50 year old friend' that you are the lowest of the low on a laugh over other peoples hardships. Fact is a man in and out of work could easily rent a bedsit no matter what age. Youre full off ssss mate.

reweird

18-25

Cleaver wrote: »

It's not up to me to suggest where people should live, but if I had my way everyone would live wherever they wanted to live. But we don't live in a utopia. I'm just passing my comment and opinion where people can live in this real world.

According to this article 8% of the adult workforce were on minimum wage in 2007 and I presume it's something similar now, so we're not talking a huge amount of people. The bottom 8% earners can't buy a house, and I'm not sure they've ever been able to really, because they don't earn enough. It's that simple isn't it? So I guess they have to live at home, buy with someone(s) else or rent a room somewhere. The other 92% of people who earn more than them will rent and buy all the property.

You go on to say that your friend can't afford a room in a house, but he probably can. If he earns just over a grand a month then I'm sure he can rent a room for £200 or £300 a month somewhere. You can rent a room in a nice 2-bed flat in most city centres for that, so if you're in a town or suburb he should be fine. Where does he live?

Your friend has a number of options:

• Find a way to earn more;
• Buy or rent a place with one or more people;
• Rent a room in a house or flat;
• Do nothing and stay where is at his parents.

Don't feed the troll.

Percy1983

Welcome back reweird, I think you missed a few of my posts but I really would appreciate your wise manly input on this one?

Percy1983 wrote: »

So seriously answer me this, which option should I take.

1, Stay at home a bit longer buy house next year, shortly followed by a cheapish wedding and hopefully children.

2, Move out this week, enrich a landlord while struggling to save a deposit, delay marriage as still saving for a house, delay children as we don't have a stable home to put them in (and not married if you want to keep things in order).

Your smart answer for this would be nice too.

Percy1983 wrote: »

One last thought actually, as it is you are claiming to be more of a man by belittling other men...

A real man never objectifies or belittles another to make himself look better.

Game, set, match to me I think. :beer:
Good night and god bless.

As for:

reweird wrote: »

Don't feed the troll.

Surely you would starve? :rotfl: