Houses are affordable!

[Deleted User]

Can I just say, I only recently discovered smashed avocado, and it is amazing. I'm on the Gen-X / Y boundary. I had it with grilled halloumi. Amazing.

I do hate being referred to as a millennial though

tykesi

Cakeguts wrote: »

In my age bracket amongst my friends we would consider £30 for a phone very expensive. Mine costs £7.50 someone on here had one for less than that. The fact that you think that £30 is cheap will be one of the reasons why you are having a problem. To you £30 is cheap. £30 is not cheap to me. Have at think about lowering your idea of what is cheap and start from there.

You should probably learn to read posts before you misquote them, it comes across as very rude to make someone out to be saying something the clearly are not.

Cakeguts

starting_again_in_the_sun wrote: »

Many young people can afford mortgage payments; they are paying their private landlords' mortgage.

What they can't afford is to save for a deposit whilst paying high rents.

If they do manage to save up, they often fail mortgage affordability checks, despite the fact the mortgage would be lower than the rent.

( Sorry if I'm repeating, haven't read whole thread!)

Where?

http://www.rightmove.co.uk/property-for-sale/property-60019444.html

http://www.rightmove.co.uk/property-to-rent/property-70204961.html

Go to the bottom of the advert of the For Sale one and look at the mortgage repayments.

These are similar 3 bed houses in the same area.

aneary

Cakeguts wrote: »

Where?

http://www.rightmove.co.uk/property-for-sale/property-60019444.html

http://www.rightmove.co.uk/property-to-rent/property-70204961.html

Go to the bottom of the advert of the For Sale one and look at the mortgage repayments.

These are similar 3 bed houses in the same area.

You are comparing today's price with rent over 3 years ago. That works, not!!! Also the price listed for the mortgage is way off.

http://www.rightmove.co.uk/property-for-sale/property-47928285.html

This is property I was going to buy with a 15% deposit my mortgage was going to be £450pcm the house was previously rented for £650pcm.

Lurkingtoposting17

ringo_24601 wrote: »

Can I just say, I only recently discovered smashed avocado, and it is amazing. I'm on the Gen-X / Y boundary. I had it with grilled halloumi. Amazing.

I do hate being referred to as a millennial though

I agree on not wanting to be a millennial, but the smashed avo thing is something everyone of every generation should discover. Key takeaway from this thread people. :rotfl:

aneary

Lurkingtoposting17 wrote: »

I agree on not wanting to be a millennial, but the smashed avo thing is something everyone of every generation should discover. Key takeaway from this thread people. :rotfl:

There is a new generation

If you were born between 1977 and 1983, you belong to a group being re-defined as Xennials.

We had analogue childhoods, wedged between Gen X and Millennials, and adapted to a digital revolution in adulthood.

[Deleted User]

Lurkingtoposting17 wrote: »

I agree on not wanting to be a millennial, but the smashed avo thing is something everyone of every generation should discover. Key takeaway from this thread people. :rotfl:

So I'll tell everyone my new favourite smashed avocado place https://www.flourishbakery.com/

It's in Watford, tucked away on an industrial estate. They are a bakery that makes bread for a lot of top end hotels, but they've also got an amazing cafe.

I just can't call myself a Millennial. I've paid off my student loans, I've got a family car, a dog, family home in the South East, I make a reasonable living. I'm married with 2 kids. I'm 37. This screams Gen-X, right? The younger ones are being rinsed by the massive HPI over the last 10 years.. although I do remember standing outside an estate agent in 2006 wondering how the flying-fig I was going to buy a home. I met my girlfriend 2 months later.. and a year on we bought in zone 6 of London.

I'm ok with Xennial. I've used microfiche at the library, my mums 35 book Encyclopedia set, Microsoft Encarta, Wikipedia, BBS, Dial-up internet, cable broadband, 35mm cameras, digital cameras, VHS, DVD, music cassettes, minidisks, CDs (and mini-CDs), a carphone, pager, a rotary dial phone, Laserdisks, MSN messenger, super-computers and cloud-based SaaS systems. BBC Micro BASIC, DOS, Acord Archimedes, Windows 3.1, Windows 95, iOS, Android and macOS....

Cakeguts

Katapolt wrote: »

I NEVER said £30 was cheap, i simply said it was all i had. I'm stuck in a contract i got when i was younger and less "house saving" minded, i think we can all say we've made mistakes or are you perfect?

sorry but i will never ever ever condone studying a subject the UK "needs" and living my life so bored because i didnt do something that meant something to me.

We cant all just up and move sticks to a cheaper part of the UK. My mums incredibly ill, if i'm not there to help support and look after her, i can promise the bloody government wont.

i know where youre coming from, but you need to understand it isnt as simple as " buy less stuff and move away" for everyone.

Anyone can study whatever they like at university but they do have to understand that if it is a subject that the UK economy doesn't need then they won't get a well paid job or a graduate level job. If you are happy with that then that is your choice. What you can't do is to blame everyone else for the fact that you don't earn what you consider to be a graduate level salary and you can't afford to buy a house.

People who worked in jobs that were paid at the bottom level of salaries have never been able to afford to buy they have always rented. That has not changed. What has changed is the Right to Buy where people on low wages have been given the right to buy their council homes and the stock of council housing has reduced but before Right to Buy people rented council houses for their entire lives. So in the past you would probably have got a council house and you would have rented for your entire life.

aneary

Cakeguts wrote: »

Anyone can study whatever they like at university but they do have to understand that if it is a subject that the UK economy doesn't need then they won't get a well paid job or a graduate level job. If you are happy with that then that is your choice. What you can't do is to blame everyone else for the fact that you don't earn what you consider to be a graduate level salary and you can't afford to buy a house.
.

What the UK economy needs changes so rapidly it's impossible to know what the right thing is to study, the papers scream we need more this that and the other so a 15 year old picks their A-Levels based on that as they will need certain A-Levels for a degree course 6 years later once they have their so called prized degree the economy is flooded with people with the same degree and now the UK economy needs something else. So sorry it's not the 15 year old's fault for picking a subject that 6 years later isn't needed.

You are extremely narrow minded and come across with a massive chip on your shoulder.

[Deleted User]

Ooh, I want to know what the degree subject is now..

Look, if you study something niche, then refuse to move to where the jobs in that subject exist - it's your own damn fault for studying it. Yes, at 15/16, you are responsible for your own future.

Now what I think isn't taught well at schools, is that many degree subjects are merely a stepping stone to further study. If you want to study English language with Religious Studies (http://www.herts.ac.uk/courses/english-language-and-communication-with-religious-studies) then you'd better know what you plan to do next with it..

I think it actually sounds quite interesting, but interesting doesn't always pay the bills.