What chance does a twenty something year old have in the South? Anyone else in a similar boat?

PokerPlayer111

HPC_Ghuol_Hunter wrote: »

I find it morally repugnant that a man in his mid to late 20’s would still be living under the roof and rules of his parents. This is where the label man-baby comes from. At what age will you decide to cut the umbilical cord and allow your parents some time to themselves? I left home at 18 to attend university and never moved back. I could not find anything more distasteful than being in my twenties and still living under mummy and daddy’s rules. Go out there and get a life. Grow a pair and start making your own way in life. Honestly. Your parents will never always be there to bail you out or subsidise your living.

Easy to say back in your day grandad when they were selling property at poundland 2 for 1.

Barny1979

PokerPlayer111 wrote: »

Easy to say back in your day grandad when they were selling property at poundland 2 for 1.

The halcyon days of 15-20% interest rates on mortgages?

ruperts

Barny1979 wrote: »

The halcyon days of 15-20% interest rates on mortgages?

When house prices for first time buyers were barely more than twice average earnings. For those of us who have never known house prices to be less than four times average earnings at a minimum, it's amazing to look back and see what we could have afforded, even with your double digit interest rates.

Barny1979

ruperts wrote: »

When house prices for first time buyers were barely more than twice average earnings. For those of us who have never known house prices to be less than four times average earnings at a minimum, it's amazing to look back and see what we could have afforded, even with your double digit interest rates.

How old are you out of interest?

movilogo

I find it morally repugnant that a man in his mid to late 20’s would still be living under the roof and rules of his parents.

In many cultures people are encouraged to live with their parents (not necessarily for financial reasons) and people there get upset if their adult children decide to live elsewhere.

Sapphire

Barny1979 wrote: »

The halcyon days of 15-20% interest rates on mortgages?

… and when an average salary was often around £1,000 p.a., and when a man had to support a family with very few benefits.

HPC_Ghuol_Hunter

So knuckling down and getting on with life, making something of yourself and your career, makes you a grandad now? For the record I left home at 18 went to a top tier university then, due to my job specialism, moved hundreds of miles away for work. Like many of the self-made on here I never sat around internet fora all day and night bemoaning my lot in life. Boohoo, life is not fair. Go tell that to a Syrian.

PokerPlayer111

No, the point was that property is reletively more expensive now vs decades ago. That is all, like it or lump it. For other things the older generations had it way harder.



I worked 7 days a week for many years straight renting property for many many years until i made several hundred k. I 100% cash bought my property this year and moved out of renting finally. I still work 7 days on my own business. I dont feel the need to be harsh to OP.

Barny1979

PokerPlayer111 wrote: »

No, the point was that property is reletively more expensive now vs decades ago. That is all, like it or lump it. For other things the older generations had it way harder.



I worked 7 days a week for many years straight renting property for many many years until i made several hundred k, even crossed 1 million at one stage last year. I 100% cash bought my property this year and moved out of renting finally. I still work 7 days on my own business. I dont feel the need to be harsh to OP.

Generations ago would have made do getting a starter home/a foot on the ladder, nowadays a number 20 somethings want to buy a 4 bed new build and wonder why they can't when they only earn £25k per year. It's the problem with the Instagram generation, needing to keep up with the Joneses and have a 4 bed detached and 2 68 plate BMWs on the drive.

PokerPlayer111

Yeah but OP seems like a decent intelligent hard worker to me, maybe they need to look for side income idk.