Young people feel robbed of a better life but they don't know what to do about it

Why are you so obsessed with home ownership ? Its such a British thing.

Because renting comes with a whole host of issues, such as unfair evictions, idiot landlords, property inspections which can be unannounced and privacy invading, and many restrictions on what you can do/have in the property, it's not a secure housing position to be in.
 
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I'm up for reducing the population when do we start.......

Bring back natural selection remove hospitals.......
 
Housing will become more expensive, it's inevitable, unless we suddenly build thousands more houses, or something causes a reduction in population. This means rents will increase. Something you can do nothing about if you're renting (other than obviously move into a cheaper property). If you own on the other hand, you at least have some level of control over it, e.g. extending your mortgage over a longer term.

Who's gonna vote for a government that advocates massive,cheap affordable housing when overnight you could lose 50% of the perceived value of your bricks and mortar ?? There's far too much money to be lost.

Someone/thing needs to break the cycle or our/your kids are gonna be even more screwed in 20 years time when its their turn to "get on the ladder":rolleyes:
 
I don't feel robbed in the slightest. People just need to wake up that everything will not be handed to them on a plate and you need to work hard to achieve. I come from a poor background, my parents have never owned a house (still don’t) and have never earned a large amount of money. We never really went on holidays when I was a kid (except maybe to Clacton on sea every so often because my Nan used to live there... RIP) I went to the worse school within the town I grew up in and was pretty much told constantly I would never achieve anything more than working at McDonalds. My grades were not that great when I left school, not bad but nothing stand out. I think it was then I had a slight crisis moment and thought to myself I need to get my **** in gear.

So I thought hard about what I was good at and enjoyed then decided on a career path, I went to college using money I had saved up doing part time work at Sainsbury’s. While at college I worked my ass off for distinctions across the board on top of working almost full time at Sainsbury’s. I’d start college at 8:00am finished at 4:00pm then I would have a 1 hour break go to work at Sainsbury’s at 5:00pm and work until 2:00am I would do this Monday to Friday. Saturday’s and Sunday’s I would grab any overtime Sainsbury’s could offer and work that too. Any spare time I would be doing assignments and the odd meet up with friends if I could fit it in. I had to do this because my parents simply could not afford for me to go to college and support me (I was also paying them rent too). Summer holidays were spent again working at Sainsbury’s, I would do any shift work any amount of overtime they would give me.

After about 3 years of doing this I finally got into an apprenticeship scheme within the field of work I was interested in. I completed the apprenticeship and now working full time on an extremely well paid salary where I work 9-5 mon-fri. I now earn almost 3 times the amount my parents do combined. I also moved overseas which is something no one in my family has ever done before. I’m at a point in life now with all the money I have saved over the years I could buy a house “back home” in the UK almost out right. But honestly I’m still undecided if I even want to go back to the UK. I have a great lifestyle in Brussels now and money is never really a concern to me now.

That’s not to say all people in the UK are lazy, but from my experience and people I have been around while growing up have always been that. While I would be working they would be out at the clubs and drinking the night away. They would always be the show off, oh look at my new phone, look at my new car, look at my new pair of £300 jeans. I would get told I was boring and had no life except work.

This might sound like a big “oh look at me” post. But seriously it shows that opportunity is there if you put your mind to it and work hard. Every single person from my school year is now either claiming benefits or working in Tesco’s or whatever. If they are happy that’s great for them. But I am much happier saying that at the young age of 26 (27 next week :D ) I have travelled a fair amount of the world, I am in a job which I will most likely do for the rest of my life and I earn enough to live a very good lifestyle and still save money.

I’m not naturally gifted or smart, I just had the foresight to think of a long term goal rather than live in the short term. So while I went through absolute hell for pretty much 4-5 years while learning in my late teens it paid off.

So do I feel robbed ? no. But I certainly took advantage of the vast majority of people I was around who were just plain lazy and would just live life day by day.
 
Because here, in Britain, rents can be more expensive than mortgages. In Europe renting is the norm but tenants have lots more rights, rents are capped, and rental properties are maintained to much stricter standards. Don't you know?

You either buy your own home or you buy a home for someone else.

Which is smarter?

There is of course option (c) - leave the UK and go somewhere nicer/fairer.

Rents CAN be more expensive than mortgages, but more often than not they are cheaper on an equivalent property unless you have put down a huge deposit. For that you get somewhere to live, maintenance paid for by someone else, furnishings if you want them and the flexibility to move out at a month's notice. If your landlord is treating you badly then vote with your feet, there are plenty of other properties out there with landlords that actually look after their tenants.

Indeed, for most young people who are willing to move to better themselves and aren't content with just living with their parents like you, renting offers a better option than buying. There won't be many people under the age of 30 who are so settled that they are willing to commit to buying a property somewhere. For those people, renting has a lot to offer.

The attitude that renting is "dead money" because you aren't getting an asset in return is wrong - you are getting somewhere to live and the fact this contributes towards someone else's mortgage is irrelevant. Do you get upset when you go to the cinema because your ticket price doesn't get you a seat to take home? You aren't taking on the risks and rewards of the property. Further to that, your view on property prices is massively biased by living in the south of England as north of Watford there are still thousands of households in negative equity on their mortgages where values are still declining or yet to stabilise.
 
This is exactly my feeling.

Your past governments of every colour, have failed to provide you with fairly priced shelter.

The key is to ensure YOU make them pay for that using the only tool YOU have - your vote at the coming General Election.

can someone explain to me why I should pay a strangers mortgage off for him
 
Got a degree in sports science bruv, why should I work in a cafe innit?!

Nice attitude ...

I've got a degree in Communications Engineering, why should I work in a call centre? (That was my first job out of uni ...) Because it's a job, it pays, its experience and it tells my future employers I'm not afraid of getting my hands dirty in order to get somewhere in life.
 
Nice attitude ...

I've got a degree in Communications Engineering, why should I work in a call centre? (That was my first job out of uni ...) Because it's a job, it pays, its experience and it tells my future employers I'm not afraid of getting my hands dirty in order to get somewhere in life.

Whoosh :p
 
Who's gonna vote for a government that advocates massive,cheap affordable housing when overnight you could lose 50% of the perceived value of your bricks and mortar ?? There's far too much money to be lost.

Anyone who doesn't own a house, so that's most people. 36% of the population live in rented accommodation and many that live in non-rented accommodation are living with their parents and want prices to fall so they can buy their own house.
 
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You don't need prices to fall to buy a house. Its easier than ever to buy. People simply don't want to sacrifice anything to buy. Unlike every other generation that had to make real sacrifices to buy. Houses are more expensive, but they are far more obtainable.

Lol at everyone quoting 20% deposit, you do not need 20%.
 
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