Becky B Posted January 22, 2011 Share Posted January 22, 2011 I can think of a few reasons why kids will never leave home. 1. House prices are so ridiculously high I don't see how anyone expects a first time buyer to afford one. 2. Renting a house is a complete rip-off. 3. Leaving university now saddles those in there 20's with at least £40000 of debt. 4 Youth unemployment is at record levels, so paying off these student loans are saving for a deposit is completely out of the question. Not if it puts a roof over your head!! I don't expect ever to buy a house now, (unless there is a complete crash in the market and the government decides not to freeze my salary for the net umpteen years), but much as I love my parents I'm happy not to be living with them... Link to comment Share on other sites More sharing options...
Smack Jack Posted January 22, 2011 Share Posted January 22, 2011 Agreed! renting is a con but its way better than staying under mummys wings all your life. If you cant afford to buy you cant put your life on hold for 40 years until your left a home. Rent and enjoy. Link to comment Share on other sites More sharing options...
Flowersfade Posted January 22, 2011 Share Posted January 22, 2011 Start saving when your younger for a house I managed to save around 60% of my deposit this way. Link to comment Share on other sites More sharing options...
Bulgarian Posted January 22, 2011 Share Posted January 22, 2011 I don't understand this attitude to renting, when I was a lad I shared a house with 3 mates, the rent between us was reasonable and the house was great. Granted we didn't own it but that didn't matter at the time, we didn't have to maintain anything and the bills were all included. Link to comment Share on other sites More sharing options...
Dozy Posted January 22, 2011 Share Posted January 22, 2011 DD left at 19 to work in the USA, and apart from staying with us between jobs when she's moved cities or countries has never lived at home again. DS also left at 19 to go to University, came home for the holidays, and again when he graduated but couldn't find work. He got a local job of sorts, but then went off again a year later to Uni for another year. He then got a decent job almost immediately in Cheshire, and has never lived at home since. So for about 16 years, we've been on our own. Neither of our kids expected to get their own place, and both lived in shared houses and flats for quite a few years. Thats what their friends mainly did too. They valued their independence - and so did we! They were both in their 30s before they got mortgages. My bold Very true! I find it a tad ridiculous these days when people go on about young people not being able to leave home because they can't afford a mortgage. They make it sound as if people in their 20s have always been able to afford to buy their own place straight away and this option has suddenly been unfairly removed. My partner and I lived in a fair selection of non-luxurious flats before we could afford to buy our first house - and that was a tiny terrace in inner-city Birmingham. It was a wreck, but all we could afford. Nowadays, it seems that, unless a young person can afford to either buy a house (in a nice area and nicely decorated for them) or rent a fancy flat, and run a car, and have holidays abroad, and buy lots of clothes, and go out with their friends 2 or 3 times a week, they consider themselves to be too poor to leave home. So they stay at home, part with a miniscule, grudged amount of board (if any) and often still have the benefit of mum doing all their cooking, cleaning, washing and ironing! That way, they can still afford to have everything else, like the cars and holidays, that young people would once have considered luxuries. I'm not saying that all young people are like that but, from what I hear, they do seem to be in the majority these days. Link to comment Share on other sites More sharing options...
Bulgarian Posted January 22, 2011 Share Posted January 22, 2011 Nowadays, it seems that, unless a young person can afford to either buy a house (in a nice area and nicely decorated for them) or rent a fancy flat, and run a car, and have holidays abroad, and buy lots of clothes, and go out with their friends 2 or 3 times a week, they consider themselves to be too poor to leave home Exactly, they expect everything to be perfect, they arn't prepared to "rough it" even a little bit, which is a shame because thats how you learn about life. Link to comment Share on other sites More sharing options...
MadnBad Posted January 22, 2011 Share Posted January 22, 2011 Exactly, they expect everything to be perfect, they arn't prepared to "rough it" even a little bit, which is a shame because thats how you learn about life. I've roughed it a bit i lived in a 15ft caravan for a year before having to move back home, i used to wake up covered in dew and rain storms were so loud it felt like the blitz. I nearly burnt it down once when i lit a candle my sister made for me and it had a two foot flame, no tv so listened to the radio and the showers were in a block that costed 20p for 5 minutes and there was never any hot water. Mind you from what my mums told me i've had it easy compared to her growing up she lived in a little two bed room cottage with her parents and seven sisters and she was the youngest. Her upbringing was a wonderful country childhood kind of a working class just william but a girl. Link to comment Share on other sites More sharing options...
Bulgarian Posted January 22, 2011 Share Posted January 22, 2011 When I was a kid we lived in Darnal in a two-up-two-down terrace, we didn't have a bathroom and we shared the outside lavvy with nextdoor. People think I'm making it up when I say we had a tin bath infront of the fire, but we really did ! Compared to that almost anything is luxury. Now I'm renting an apartment overlooking lake Ontario with a gym, steam room, sauna and two pools in the building. It's bliss. Link to comment Share on other sites More sharing options...
MadnBad Posted January 22, 2011 Share Posted January 22, 2011 When I was a kid we lived in Darnal in a two-up-two-down terrace, we didn't have a bathroom and we shared the outside lavvy with nextdoor. People think I'm making it up when I say we had a tin bath infront of the fire, but we really did ! Compared to that almost anything is luxury. Now I'm renting an apartment overlooking lake Ontario with a gym, steam room, sauna and two pools in the building. It's bliss. That's just like my mum they had a tin bath too and they all had to use it in turn hierarchically which must have been a bit nasty for my mums turn they did have their own outside lavvy though. They also had to cook on an old range which i find enthralling. Link to comment Share on other sites More sharing options...
Bulgarian Posted January 22, 2011 Share Posted January 22, 2011 Obviously in winter the outside loo just froze solid, so we had a bucket in the kitchen. Now I think about it, it was disgusting, but that was what we had so we had to have it. the entire road got demolished by the council and we all got move to a new estate next to Richmond College, we had an indoor bathroom, and a garden, we were beyond excited. Link to comment Share on other sites More sharing options...
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