Man babies

yorkshirekev

Although this was intended as a troll thread, I would be interested in how people in this situation feel. I will be moving out in seven weeks after a few years trying to pay down a five-figure debt.

I am now thirty, debt-free but I do to quote ILW feel a failure. What I was interested to ask is when others in a similar position made the move, did the feeling go away?

I do agree to a certain extent that there is something unnatural about a man staying at home until he is thirty (I did live in another part of the country for five years)

Pobby

40 years ago, it was easy to leave home. Talking about the South East here. Decent 3 bed semi at £10,000. They had gone up quite a lot in a couple of years. For me, a girlfriend and a second job and the deposit was done.I had lived away but went back to the folks at 20.

I see nothing wrong with being an older person living at home. My guess not out of choice but believe it or not, even in the SE and London there are many poor paying jobs.

chucky

Pobby wrote: »

40 years ago, it was easy to leave home.

This is the biggest thing people struggle to get their head around on here...

Society and demographics amongst many, many other things have changed, just because it may have been that way 40 years ago - it doesn't mean it should be the case now.

ukcarper

Pobby wrote: »

40 years ago, it was easy to leave home. Talking about the South East here. Decent 3 bed semi at £10,000. They had gone up quite a lot in a couple of years. For me, a girlfriend and a second job and the deposit was done.I had lived away but went back to the folks at 20.

I see nothing wrong with being an older person living at home. My guess not out of choice but believe it or not, even in the SE and London there are many poor paying jobs.

40 years ago was 1973 and house prices were not that much cheaper in relation to earnings as they are now.

JencParker

ukcarper wrote: »

40 years ago was 1973 and house prices were not that much cheaper in relation to earnings as they are now.

The average wage in 1973 was around £2000 pa. The average house prices was £10,000 - five times the average income.

The average wage at the end of 2012 was 26,500. The average house price £250,000 - nearly 10 times the average income.

I'd call that quite a considerable difference.

Add to that the fact that rents were reasonable, rented property was available with security of tenure in both the private and LA sectors.

ukcarper

JencParker wrote: »

The average wage in 1973 was around £2000 pa. The average house prices was £10,000 - five times the average income.

The average wage at the end of 2012 was 26,500. The average house price £250,000 - nearly 10 times the average income.

I'd call that quite a considerable difference.

Add to that the fact that rents were reasonable, rented property was available with security of tenure in both the private and LA sectors.

Where do you get that £2000 pa from I don't think it is right.

Here is a link to nationwide average earning to house prices
http://www.housepricecrash.co.uk/graphs-average-house-price-to-earnings-ratio.php

JencParker

ukcarper wrote: »

Where do you get that £2000 pa from I don't think it is right.

Here is a link to nationwide average earning to house prices
http://www.housepricecrash.co.uk/graphs-average-house-price-to-earnings-ratio.php

The average weekly wage in '73 was just around £38 pw.

ukcarper

JencParker wrote: »

The average weekly wage in '73 was just around £38 pw.

Have you got a link

OffGridLiving

Pobby wrote: »

I have seen this expression bandied about on here. Pretty nasty expression at that.

Never seen that used, but I don't read all of the threads.

kabayiri

The ability of a society to adapt to changing cost pressures is crucial.

Younger people will have to adapt to meet a whole variety of new challenges in the future.

Reducing their housing costs; changing their transport to lower cost forms; taking career breaks to retrain; job losses. All sorts of factors come into play.

What seems harder to change is the old fashioned attitude that renting or living at home is somehow inferior. It's the 21st century people. Sweep away the cobwebs of those old outmoded views