Nobody is priced out..

Mr._Pricklepants

ringo_24601 wrote: »

Ok, so £10k in 2 years is £417 a month. £17k a year is £1,198 a month after tax. I guess it's possible to live on £791 a month if you if you're not paying more than £585 in bills & rent. It'd be pretty brutal living on the 'absolute minimum' for 2 years though.

Why do you only count 1 salary? Lagoon & OH both have an income.

IveSeenTheLight

ringo_24601 wrote: »

You'd only end up with enough to buy a house though - not any money for a solicitor or any furniture ect

When I bought my first flat, I had a brand new bed on 0% monthly payments and a garden bench in my living room whilst I did up the other rooms.

Some people can live without luxuries in order to progress with homeownership

wotsthat

Lagoon wrote: »

It's not entirely impossible, but why is home ownership so important that people are EXPECTED to do that much for it?

Expected to do so much? What like doing a few extra hours at work, gaining skills and experience, possibly moving to improve prospects?

Sounds like normal life to me - didn't realise these things were such a big deal.

Nada666

IveSeenTheLight wrote: »

Here's a rental nearby for £825
http://www-q.aspc.co.uk/cgi-bin/public/LiveProperty/307572?ID=FAPOJLFL#picture

If it costs £825 to rent a two bedroom house then presumably there are rooms to rent for £275.

IveSeenTheLight

Percy1983 wrote: »

I will say for us it was.

- Home Ownership
- Wedding
- Children

2 down, 1 to go.

With that I want to sort the garden and replace the bathroom first.

Will be 30 in august!!!!

We were the same, bought and lived together first.
Then got married and saved hard for 6 years (a few luxuries I admit) before upgrading and having children.

Mr._Pricklepants

Percy1983 wrote: »

I will say for us it was.

- Home Ownership
- Wedding
- Children

2 down, 1 to go.

With that I want to sort the garden and replace the bathroom first.

Will be 30 in august!!!!

You're so special, Percy.

IveSeenTheLight

Nada666 wrote: »

If it costs £825 to rent a two bedroom house then presumably there are rooms to rent for £275.

Possibly, I'll look in the local paper where they are normally advertised.

[Deleted User]

IveSeenTheLight wrote: »

When I bought my first flat, I had a brand new bed on 0% monthly payments and a garden bench in my living room whilst I did up the other rooms.

Some people can live without luxuries in order to progress with homeownership

Marvelous. I saved up a bit more and fitted my first home out with nice Ikea stuff. I did have to sit on a beanbag for 3 months while I waited for my sofa to be delivered.

Mr._Pricklepants wrote: »

Why do you only count 1 salary? Lagoon & OH both have an income.

I'll leave it to you to double the numbers

Conrad

Out,_Vile_Jelly wrote: »

What if your parents live in the middle of nowhere, with limited employment and public transport? People on this board seem to assume that everyone's life pans out exactly like theirs (especially couples, who genuinely have no idea how expensive/dispiriting it is to be terminally single).

Then do what some others do - flat share just like people did in those 1970's sitcoms.

In a nutshell there are a range of choices. Making the best possible choices simply improves your long term prospects.

Jeeze my mate back in the day rented a dingy room over a barbers. None of us batted an eyelid at his choice. It was a bed a tv and somewhere to drink woodpecker.

I get this sense now that many people have this expectation things just should be fairer and handed on a plate to them.

harpoboy

Conrad wrote: »

Then do what some others do - flat share just like people did in those 1970's sitcoms.

In a nutshell there are a range of choices. Making the best possible choices simply improves your long term prospects.

Jeeze my mate back in the day rented a dingy room over a barbers. None of us batted an eyelid at his choice. It was a bed a tv and somewhere to drink woodpecker.

I get this sense now that many people have this expectation things just should be fairer and handed on a plate to them.

Very true - I shared a flat above a gay disco bar in Croydon when I first came to London. It was grim, but cheap as chips.

There really is an attitude on this board that folks get very upset if everything doesnt fall into their lap for them