How can people be so greedy?

PasturesNew

neas wrote: »

Im sure everyone knows at least someone who owns more than 1 house and rents the other(s) out to lesser beings like myself .

I thought about that. Then I thought again. Then I went mentally through everybody I know... and no, I don't know anybody that owns more than one house and rents any out (except my landlord, who has 3-4).

Maybe you hang out in posher/richer circles than I do.

Addy1

And how do you propose people like me pay for 6 years of rent plus tuition?

LLs round here don't take thin air as payment.

6 years rent, even at 2.5k per year for 6 years = 15k alone

Rent has actually gone up more than that now.

We do have to actually feed ourselves, pay for transport to placements, stethoscopes, etc.

On the calculation above, that leaves me £500 per YEAR to live on, including bills after rent paid.

Try doing that, then tell me again we are not financially sensible.

Addy1

Forgot to add tuition fees - 1k for my year, 3k for the years below me.

Therefore I am negative 500 quid per year before I even eat.

aztec21

Ever heard of a part time job?

andyrules

aztec21 wrote: »

If you look at the link below average student debt is nowhere near 30k.
Average student debt

Your link proves that those students who borrow £6k for 3 years will leave with approx £18k debt (3 x 6), an example of the average student debt.

Some students borrow £7k pa, depending on the university. Over 4 years that makes £28k because 7 x 4 = 28 - not a million miles from the £30k in question.

I'm glad you posted that link as I've been trying to remember the name of the young lady, Gemma Tumelty, who seems to have more sense in her little finger than all the people who make our decisions put together. I remember listening to her interview and her exposition was along the lines of the post by Dylanwing.

An increasing number of students are set to leave with a mortgage size debt, and, as many on these boards quite correctly point out often, NO guarantee of a decent job.

chrisandanne

PasturesNew wrote: »

One of the issues on these boards is that property prices vary so much across the country.

£100k would buy you quite a selection in many places. Good homes in good towns with jobs and transport.

But everybody here just says "where I live it's pricey", and we've never got a clue where that is.

What they usually mean is "where I live, I really want to impress my friends and therefore buy something way out of my league... so I will dismiss anything else that I see and pretend it doesn't exist because I deserve the new build luxury 2-bed place, even though it's just me and I am in my first job"

I think you have put this debate in a nutshell PasturesNew, well done.:beer:

PasturesNew

chrisandanne wrote: »

I think you have put this debate in a nutshell PasturesNew, well done.:beer:

I know it was another sweeping statement, but it is true in a lot of instances.

I know in SOME areas there's nothing. But not many. And maybe people just aren't willing to live/work 10-25 miles away, which is what was the norm where I grew up. Where I grew up it was too expensive for a single person to ever buy anything. Where I am now though, the cheapest right now, today, is about £65k.

I just checked. Cheapest 1-bed flat is £55k
http://www.rightmove.co.uk/viewdetails-19183220.rsp?pa_n=2&tr_t=buy

Where I used to live, the cheapest is a 50% share of a studio flat (bedsit) for offers over £68k
http://www.rightmove.co.uk/viewdetails-16191320.rsp?pa_n=1&tr_t=buy
Which means if I still lived there I'd probably not be able to afford that

Kaz2904

Addy1 wrote: »

Unfortunately some of us have to go to university to get where we want to go in life. I am just about to qualify as a doctor next month and I am fed up with people saying that young people should forget university and get an apprentiship. This is the absolute BASIC loan from the government, I was not entitled to any more. If I had been, it would have been simple to rack up 30k in debt. I have paid more than my loan amount in RENT ALONE over 6 years. So anyone who thinks we are getting Ocado deliveries is living in cloud cookoo land.

We also do not get bursaries like student nurses, and we are the only health professionals who do not get assistance (bar the final year) with fees. Physios, nurses, occupational therapists, speech therapists, radiographers, etc etc all get their fees absolutely FREE.

I have had comments from people before along the lines of why should they fund my education? This coming from Police Officers. I replied that they did not pay for their initial training, nor for their driving training, sargeants exams, etc etc etc. So why should we totally fund ourselves? We also get standard 4 weeks per year holiday (like those in employement) so it is difficult to earn in holidays.

I am not saying we have it the worst off of anyone, but I am training for an important job and while I don't think the government "owes me" anything, I do think that for a job where my only employer can be the NHS, they need to help us out a bit (never mind the naff pay for our qualifications when we graduate, the jobs fiasco etc).

I am in the lucky position to be able to buy a house, simply because I have a partner, who is a police officer and has been in employment and therefore we have managed to save up for a deposit.

If I had been on my own I do not know how long it would have taken.

Don't get me started on how hard Junior Doctors get it!
Believe you me, if either of my children wanted to be a Doctor I would be really upset. I work with Doctors every day. Junior Doctors work hideous hours for very low wages in comparison to the responsibility they hold.
I despair for them ever having ANY sort of family life between the debts that they must carry. They then work wherever they can get a job and have to move regulary to follow their training.

I think it is disgusting what position these most necessary people are forced into when they are newly qualified.

I'm pleased you have managed to get a partner and a home. Good luck for your future and a word of warning- watch your hours!

PasturesNew

I know nothing about doctors or their training etc. Never known one socially.

Badger_Lady

At the heart of this... no matter how "hard done by" you are, you ain't gonna starve, or freeze, or be left without medical treatment, and neither is any member of your family.

Whatever your situation, you still afford to live. Comparing the standard of life with any other generation isn't going to change that - better or worse, you can only work with what you've got.

We've seen proof on this thread that you can even give up work completely and still live. Or you can go to university, not go to university... and still live. You choose your priorities (whether it be living in your hometown, doing your dream job, having a family or owning a house) and achieve those first. You might not be able to get everything you want straight away, you may have to move house more often than you'd like, but you'll get whatever is the most important to you.

Come back to me when you've got no access to food or shelter, or when your children are ill and no Doctor will help them.