My parents rent two other houses out and in 3 years they'll have no mortgage(s) and will be retiring, my Dad will be 55.
Though I'm sure people on here will still bemoan them for doing that, even though my Dad has worked 12 hour shifts for the past 25 or so years. Hard work and being careful doesn't seem to count for a lot to quite a few people on here when it comes to buy to letting.
Why don't you tell us when your Dad bought his first property... doubtless it was before 1997... when house prices were about 3.5x average salary. In 2007 it was double that, at 7x average salary. I read something the other day which suggested it is currently 11x, tho I don't have anything to back this up.
Point being, the situation your Dad faced as a first time buyer was much more favourable than the situation existing today.
It's great that your Dad can retire at 55 with tenants to pay the mortgage on his other properties. It's wonderful. But spare a though for the tenants, who may not have a choice, because they may have no hope of ever owning their own home [edit: regardless of how hard *they* work].
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