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First time buyers - hard done by

Hey

I just want to vent out frustration at spending all my young life trying to get myself a good career watching all the news about how high prices have record rises and intrest rates have record lows and then when I finally save enough for a deposit and am doing well in my job, I'm faced with headlines of 6 year interest highs and house markets that are ready to slow down and even possibly decline

Its a shame really because I can spend another 6 years living with my parents until I am 32 or move onto the renting ladder and watch as the market stagnates for the next 6 years and I am still in the same position


rant over :D

ps, i'm still buying my house even if it kills me in the long run :D

Comments

  • DaveyDave_3
    DaveyDave_3 Posts: 79 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Why are you so desperate to buy?. In the current climate, it would seem better to rent anyway and let's not get into that 'rent is dead money' conversation. The fact is that property is at an all time low value-for-money situation. Given a choice, who would buy in these market conditions?.
  • Pobby
    Pobby Posts: 5,438 Forumite
    DaveyDave wrote: »
    Why are you so desperate to buy?. In the current climate, it would seem better to rent anyway and let's not get into that 'rent is dead money' conversation. The fact is that property is at an all time low value-for-money situation. Given a choice, who would buy in these market conditions?.

    A market waiting to go Pete Tong if I ever saw one.To the Op,hang on where you are.6 years is enough time to get in after the correction.
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