want to get out of parents

Exodi

CSI_Yorkshire said:

Changing the topic when someone has a better argument than you.  Super.

Crashy_time before they got banned (now Sarah1Mitty2) has been posting anti-home ownership nonsense for years and years, as far back as I can remember. I think most regular forum posters have stopped bothering to engage them.

I would save your breath if you were hoping to convince them that renting is a bad idea, doing so would mean accepting that their decision to pay down their landlords mortgage for all these years was wrong.

The crash is always just around the corner.

Divorcing_Dad

CSI_Yorkshire said:

Changing the topic when someone has a better argument than you.  Super.

Did your man on sky news (who seems to be the only person you ever reference) say that he wished he'd been giving the £700pm to someone else to pay to their mortgage instead?  Thought not.

This OP says they don't want to be in their present situation with the 'minimal housing costs' that you are so keen on, so saying "just stay there and buy EFTs" is entirely unhelpful.

I get the impression this is the Modus Operandi of this particular poster.

Didn't answer any of my questions. Sounds like a politician.

[Deleted User]

Now might be a good time to be looking with the changes to renting confirmed. A lot of landlords are looking to sell up, and prices have seen a decline in the last year anyway.

MultiFuelBurner

[Deleted User] said:

Now might be a good time to be looking with the changes to renting confirmed. A lot of landlords are looking to sell up, and prices have seen a decline in the last year anyway.

Only bad landlords will be worried about the rule changes so that's a good thing.

Sadly means less rentals on the market as not all rental properties sold will go back to being rentals.

Higher rents and more tenants to chose from for landlords.

It's going to be hell for renters.

Emily_Joy

MobileSaver said:

Emily_Joy said:

MobileSaver said:

Imagine if instead they'd listened to the HPC crowd and sold to rent 14 years ago; they'd now be facing ever increasing rental costs, finding it harder than ever to move to a new rental and will probably never now be able to afford to buy their own home.

Actually many people just graduated from a University 14 years ago, were renting all the time since, and managed to accumulate a healthy deposit to buy a property now-ish.

I can't believe there are that many graduates who chose to rent instead of buy for the last 14 years.

Those that did must be absolutely kicking themselves now since house prices have increased 70% over that time which is obviously diametrically opposite to the 50% fall in prices that Crashy and other HPC zealots convinced themselves was going to happen.

I graduated from university almost 14 years ago. The fact is that now I earn about 4 as much as I did in 2013. So that is about 300% increase.  

[Deleted User]

MultiFuelBurner said:

[Deleted User] said:

Now might be a good time to be looking with the changes to renting confirmed. A lot of landlords are looking to sell up, and prices have seen a decline in the last year anyway.

Only bad landlords will be worried about the rule changes so that's a good thing.

Sadly means less rentals on the market as not all rental properties sold will go back to being rentals.

Higher rents and more tenants to chose from for landlords.

It's going to be hell for renters.

Fortunately (?!) there are lots of bad landlords.

[Deleted User]

Emily_Joy said:

MobileSaver said:

Emily_Joy said:

MobileSaver said:

Imagine if instead they'd listened to the HPC crowd and sold to rent 14 years ago; they'd now be facing ever increasing rental costs, finding it harder than ever to move to a new rental and will probably never now be able to afford to buy their own home.

Actually many people just graduated from a University 14 years ago, were renting all the time since, and managed to accumulate a healthy deposit to buy a property now-ish.

I can't believe there are that many graduates who chose to rent instead of buy for the last 14 years.

Those that did must be absolutely kicking themselves now since house prices have increased 70% over that time which is obviously diametrically opposite to the 50% fall in prices that Crashy and other HPC zealots convinced themselves was going to happen.

I graduated from university almost 14 years ago. The fact is that now I earn about 4 as much as I did in 2013. So that is about 300% increase.  

Everyone should just get a high paying job. I can no flaw in that logic.

Emily_Joy

[Deleted User] said:

Emily_Joy said:

I graduated from university almost 14 years ago. The fact is that now I earn about 4 as much as I did in 2013. So that is about 300% increase.  

Everyone should just get a high paying job. I can no flaw in that logic.

The point I was making is that the salary usually grows much faster in the very beginning of the career. Closer to the end it tends to stabilize.

MobileSaver

Emily_Joy said:

MobileSaver said:

Emily_Joy said:

MobileSaver said:

Imagine if instead they'd listened to the HPC crowd and sold to rent 14 years ago; they'd now be facing ever increasing rental costs, finding it harder than ever to move to a new rental and will probably never now be able to afford to buy their own home.

Actually many people just graduated from a University 14 years ago, were renting all the time since, and managed to accumulate a healthy deposit to buy a property now-ish.

I can't believe there are that many graduates who chose to rent instead of buy for the last 14 years.

Those that did must be absolutely kicking themselves now since house prices have increased 70% over that time which is obviously diametrically opposite to the 50% fall in prices that Crashy and other HPC zealots convinced themselves was going to happen.

I graduated from university almost 14 years ago. The fact is that now I earn about 4 as much as I did in 2013. So that is about 300% increase.  

So you graduated, couldn't get a well-paid job initially and couldn't afford to buy your own property until 14 years later when you eventually increased your salary sufficiently?

Not being able to afford to buy is rather different than choosing not to buy for 14 years (which is the point I made about the HPC crowd)...

tiger135

buying is obviously the best option but it takes so long , first trying to find somewhere and being sure about it. i am still not sure whether to consider leaseholds , i'd rather freehold but i am limiting the market if i insist on that.
the time it takes means if i found somewhere tomorrow it will still take months, possibly sept/oct to complete. which means im stuck here until then.

if the rental market hadnt gone so messed up i know i could do that , but now with the lack of supply, one bed flats are costing 2.5-3 weeks of my take home pay. with overtime i take home 2000 a month, could i afford 1200 rent a month for a year to buy some time with the aim in mind that i will buy within a year?

the last option is lodging with other people other than my parents as a stop gap, and may only cost 5-600 a month but it feels a bit weird living in someone elses house especially at my age. i am starting to feel like im not capable of making a change, like its all pointless and i havent the energy.