Houses are affordable for first time buyers

RelievedSheff

8n this day and age where travel by car or public transport is not difficult you are really rarely far from family. That just isn't an excuse.

We can be in London from the East Midlands in a shade under 2 hours. Not much happens in under 2 hours!

lisyloo

RelievedSheff wrote: »

8n this day and age where travel by car or public transport is not difficult you are really rarely far from family. That just isn't an excuse.

We can be in London from the East Midlands in a shade under 2 hours. Not much happens in under 2 hours!

Not everywhere has as good and direct public transport and many
People couldn’t afford train fares on a regular basis as FTBs.

Sometimes elderly care is daily BTW.

[Deleted User]

Oh please - 2 hours travel !! Im assuming you have never cared for an elderly parent? ...... its ok mum, you just lay there, I’ll be there in two hours traffic permitting !:rotfl:

Larac

I think it very much depends where you live in the country and you can't easily move your family. I live in a Bucks village which is in good commuting distance of London - a one bed Victorian terrace with no parking will set you back £220K - on top of the £500+ a month season ticket into London + £7.50 a day parking. (Local jobs would not support this mortgage) In my experience you can move away from family which is fine in the early years but as your parents age they need support and being a long distance away takes it toll. I lived around 120 miles away from my parents and my Dads final illnesss tooks it toll as involved unknown hours parked on the M25 for various hold ups. Bottom line nobody knows whats heading in their direction.

lisyloo

Elderly care usually comes in middle age but youngish divorcees may want to be close to where their children live which may not be under their control if they aren’t the main carer.

Splatfoot

I never understand that 'but you choose to live there...'.(South East, not london) I was born here, all my family are here, my friends are here, my husband's business is here, my job is here, my kids friends are here. It's not that easy to just go.

SuperMoose

Splatfoot wrote: »

There are one or two within 10 miles of where I am. This is one
http://www.rightmove.co.uk/s6p/76694992 looks, um, cosy? That toilet makes me feel quite sick._pale_

Agree _pale_ And you wouldn't get a mortgage because there's only 67 years on the lease.

onwards&upwards

RelievedSheff wrote: »

But you have chosen to live somewhere expensive.

Some people were born in expensive places.

onwards&upwards

lisyloo wrote: »

People don’t always choose where they live.
If you’re young free and single it might be fine.

Even young free and single people can benefit from having their family and old friends nearby, for a wide variety of reasons.

Getting_greyer

Why can't the youth accept that they can't afford to live in the area where they were born in. Why can't they move up north and in 20 years time still not afford to move back. It's not gentrification, it's the willingness to work hard for it. I had to pay 15% interest rates on my ivory tower don't you know