Boomerang Generation

chris.tarry85

chris.tarry85

chris.tarry85

Associate
Joined
29 Sep 2005
Posts
353
Is this really all about increasing rents / house prices? Or is it also that young men these days seem to be man babies more interested in new trainers than getting on in life?

https://www.bbc.co.uk/news/stories-47832426

Reading some of the Son’s comments in this makes me wonder how she hasn’t kicked him out long ago. What’s the betting he has also done some pointless degree (no doubt funded by his parents) just as a way to postpone the real world for a few years!
 
I had to live with my in laws at the age of 26 just to be able to afford the deposit for a home. That's in East Anglia.

I've rented before. Your stuck in that cycle of having nearly all your money go to rent and bills, leaving nothing to save.

Rent is far too expensive at the moment. I don't blame anyone for not wanting to get involved in it.
 
I was 26ish leaving home in west Yorkshire after 4 years on dole ,mental health wasn't too good ,self esteem zero ,
Got a half decent unskilled job ,not well paid
Bought a very cheap semi ,overpaid mortgage ,done in 9 years
Price doubled ,
Mortgage free in Cornwall
 
Part of the problem for students is this proliferation of quite high end student accommodation. The idea of 4 of you being in a drafty flat, and sharing the bills seems to be being replaced with executive studio apartments, where it’s all inclusive and they have all the mod cons.
I just think that they have it too easy, they don’t have to graft and the value of money is lost.

I don’t buy the idea rent is too much, instead expectations are too high.
Kids these days! Grumble grumble

I moved out when I was 16 and was forced to grow up. The kid in that article needs some tough love.
 
It's undoubtedly harder to get on the housing ladder today than in the last couple of generations. But that said, having read this specific son's comments and actions I feel 23 years old is probably not too late for an abortion.
 
I moved out at 23ish (36 now) and rented ever since. Never gone back home.

However, if I had, I would easily have afforded to buy a house by now.

But then I might not have met my wife, so who knows.

I can understand why people stay with their parents for the convenience or to save for their own place, but it wasn't for me.
 
I love with the in-laws atm atm but we have seperate living / cooking / washing space, so it's fine really, that and we get on with them.

Just trying to save now for a deposit but at this rate it's going to take far too long.
 
I do OK salary wise but I would definitely not want to be starting from scratch right now. The prospect of renting forever would really get me down.
 
I moved out at 23 (currently 33 next weekend). My little brother is 29 and still living with my parents. Tbh even at 23 it was annoying but I had to hold off until the Mrs finished her masters.
 
Most of the time it's the parents fault, my wife would not make our son pay rent or do anything in the house if it was not for me... Maybe its because he is only a step son so I expect him to pay rent and do chores
 
It's chicken and egg

They don't save because house ownership seems so unachievable, prices are insane, and forget about living anywhere even slightly nice, the rent trap (especially when you are renting at or above the cost of a mortgage payment) also reinforces that

They then spend that money on "stuff" because they don't have any sensible use for it
Instagram / social media being being all full of vloggers living a supposidly dream lifestyle can't be helping either

Also the massive debts / costs of university must be a factor,
 
edscdk said:
Most of the time it's the parents fault, my wife would not make our son pay rent or do anything in the house if it was not for me... Maybe its because he is only a step son so I expect him to pay rent and do chores
Click to expand...

Nope, it’s because you were correctly raised to believe that everyone in the household should pay their own way and do their share of chores even if that’s just keeping their room tidy and doing their laundry.
 
SPG said:
Then do not go to uni, move from the south.

Zero sympathy.
Click to expand...

This is exactly it, they all think they have a right to live right in the centre of a major city in a really nice place. You can get a decent flat for £60k in Glasgow, 30 minute walk to the city centre. But no, they all want to live in the main drag where the same flat is £250k.
 
Ahleckz said:
This is exactly it, they all think they have a right to live right in the centre of a major city in a really nice place. You can get a decent flat for £60k in Glasgow, 30 minute walk to the city centre. But no, they all want to live in the main drag where the same flat is £250k.
Click to expand...

And yet a job in London will fast track you many years faster than any job in Scotland will.

Though this is the corporate world, literally no sense in living in London to just work at a McDonald’s.

There are entirely valid reasons for living in the unliveable.

This article seems like it was made on purpose in a manner that was going to aggravate, how exactly can you make a judgement from one ****? ********.

It’s like formulating an everlasting opinion on everyone on benefits because that one wifey with 58 kids is being a drain.
 
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