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

happyandcontented

HPC_Ghuol_Hunter wrote: »

I doff my hat to you, in fact to anyone, for all hard work and making life a success. It builds character. My point is that for whatever I wanted to achieve in life I realised that I had to cut the umbilical cord at 18, move many miles away, knuckle down and just get on with it. I wanted a degree and a successful career so I sacrificed being close to home, family, and friends to achieve my goals. If the OP is so set in owning a suitable home that he feels supplants his ego with success then he needs to make real genuine sacrifices himself. He could move many miles away from his home and family to achieve his own goals by buying or renting cheaper. Fact is he doesn’t because he is not prepared to sacrifice anything to achieve it. He wants everything on a plate. Sorry but life is not like that for 99.99% of the populous. And wrapping himself up in the cotton candy of his parents financial support will do nothing to build his independence or character.

You can have a successful career and still remain close to family and friends though. You may have wanted to move hundreds of miles away but was it necessary? My sons are all high fliers and still all live ( in their own homes) within 3 miles of the family home. They lived away at university, but all secured good professional jobs reasonably close to home.

No need to cut the umbilical cord quite so drastically unless there are other issues in play.

HPC_Ghuol_Hunter

It is utterly disingenuous to suggest that other issues are at play when someone can not have a successful career and live at home. How do you propose attending a top tier university hundreds of miles away then pursuing a specialist career the jobs of which are even further away. Your brood may have been happy to attend the local polytechnic and pursue a generic career in business studies but we are not all cut from the same cloth. Thankfully.

ruperts

HPC_Ghuol_Hunter wrote: »

It is utterly disingenuous to suggest that other issues are at play when someone can not have a successful career and live at home. How do you propose attending a top tier university hundreds of miles away then pursuing a specialist career the jobs of which are even further away. Your brood may have been happy to attend the local polytechnic and pursue a generic career in business studies but we are not all cut from the same cloth. Thankfully.

When did you buy your first house? While it's clear you're a high performing hero, of sorts, I'm curious to know at what average house price to average income ratio you were able to enter the market and how that compares to the unprecedented ratio we see today.

kabayiri

If your folks have a home with land, there is another option.

Try and get an additional dwelling built on the plot.

I know it's not easy getting planning, but I suspect the rules might be relaxed in future. I was looking at what to do with a bit of land towards the end of the garden. There are probably thousands of homes which have bigger gardens than most people really need.

Not far from here there is a new garage which has been built to a standard which would suit a dwelling. A normal garage would not need Velux windows and double skin/insulated walls.

I just think we need more innovation/invention in the variety of dwellings we have.

buglawton

And the local authorities are poised to block and stop at every turn with the planning laws. They instantly rejected my loft extension application then had to climb down when I appealed - they were never able to provide an explanation. Unofficial local policy, eh?

HPC_Ghuol_Hunter

This thread is not about me so it matters not one jot when I purchased my first property. I am not the one sitting on fora day and night bemoaning my lot in life. My point is that I have made real genuine heartfelt sacrifices to get where I am today, all off my own back. So I repeat, what sacrifices has the OP taken to improves his lot? If he wants a thread of tea and sympathy then I’d suggest the goon show over on HPC or the lovely ladies on MN.

ruperts

HPC_Ghuol_Hunter wrote: »

This thread is not about me so it matters not one jot when I purchased my first property. I am not the one sitting on fora day and night bemoaning my lot in life. My point is that I have made real genuine heartfelt sacrifices to get where I am today, all off my own back. So I repeat, what sacrifices has the OP taken to improves his lot? If he wants a thread of tea and sympathy then I’d suggest the goon show over on HPC or the lovely ladies on MN.

"Heartfelt sacrifices" has no quantitative meaning so it's impossible to compare situations. If we knew you bought a house when prices were barely more than twice average earnings, that would help us to make a meaningful comparison. We could then say, for example, OP needs to make two or three times as much sacrifice as you did to get to the same position considering house prices are now between four and six times average earnings depending on region.

HPC_Ghuol_Hunter

The OP has not even left home; he happily lives under the roof, rules, and subsidies of his parents. He has made the square root of zero sacrifices, so you cannot even begin to compare situations. Yet again I remind you that I did not start this thread and that this thread is not about me. Nice diversion tactic but I do not fall for fools gladly.

ruperts

HPC_Ghuol_Hunter wrote: »

The OP has not even left home; he happily lives under the roof, rules, and subsidies of his parents. He has made the square root of zero sacrifices, so you cannot even begin to compare situations. Yet again I remind you that I did not start this thread and that this thread is not about me. Nice diversion tactic but I do not fall for fools gladly.

You can't say "I did this, I did that, so you should be able to too" and then say oh but the thread is not about me. You made it about you by positing that your own experience is directly comparable to the OP's experience. All I'm asking for is some quantitative justification for such a position, ie evidence that the sacrifices you had to make are comparable to those OP will have to make to get to the same position. Hence asking what average income to average house price ratio you were facing as compared to what OP is facing.

HPC_Ghuol_Hunter

Excuse me? Is this a public fora? Did the OP not start the thread asking for answers towards his seemingly feeble life thus far? I can say what the hell I like as advice because I am sharing what I wish to share from my own life experience towards his situation. It matter not one jot when I bought my first house because years before I had already had to sacrifice a home, family, and friends to move away for academia. My story is about sacrifice and commitment. So yet again I repeat that the OP has sacrificed and committed nothing. So why should he be surprised when life has thrown him lemons so far. You get out what you put in. End of.