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Was Stretty right?

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posted on 30/4/19

It’s not a lifestyle choice for people like me who grew up here though. We’ve settled, built our lives and are working to progress ourselves. To have properties being priced at 300k and above in crappy areas isn’t exactly great is it?

The house we live in was worth 110k in 2000 when we bought it, now it’s almost 700k. My dad was earning 20k a year and was able to get a mortgage for it. Who the hell is able to get a mortgage on a half mill property with that wage now?!

posted on 30/4/19

comment by Martial FC (U11781)
posted 5 seconds ago
It’s not a lifestyle choice for people like me who grew up here though. We’ve settled, built our lives and are working to progress ourselves. To have properties being priced at 300k and above in crappy areas isn’t exactly great is it?

The house we live in was worth 110k in 2000 when we bought it, now it’s almost 700k. My dad was earning 20k a year and was able to get a mortgage for it. Who the hell is able to get a mortgage on a half mill property with that wage now?!
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You'd get a row of houses where I'm from for 700k!

posted on 30/4/19

London is a different story, not impossible but pretty hard.

posted on 30/4/19

comment by Ole-Dirty-Baz ta’rd (U19119)
posted 1 minute ago
London is a different story, not impossible but pretty hard.
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It’s impossible unless you’re earning about 70k+, even this stupid help to buy scheme the government implemented is a shambles.

posted on 30/4/19

comment by Ole-Dirty-Baz ta’rd (U19119)
posted 1 minute ago
London is a different story, not impossible but pretty hard.
----------------------------------------------------------------------
Oohhhh matron

posted on 30/4/19

comment by Irishred (U2539)
posted 2 minutes ago
comment by Ole-Dirty-Baz ta’rd (U19119)
posted 1 minute ago
London is a different story, not impossible but pretty hard.
----------------------------------------------------------------------
Oohhhh matron
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posted on 30/4/19

I live around the London commuter zone near Hertfordshire, as I work in Watford and Central London, and house prices are ridiculous around the south east. Im looking to buy a property, saved a damn good deposit but still can’t afford it, when average house price is £300k plus. One my colleagues is renting a one bed, pays £800 p/m, near Croydon.

posted on 30/4/19

comment by Bumblebeetuna (U4302)
posted 17 seconds ago
I live around the London commuter zone near Hertfordshire, as I work in Watford and Central London, and house prices are ridiculous around the south east. Im looking to buy a property, saved a damn good deposit but still can’t afford it, when average house price is £300k plus. One my colleagues is renting a one bed, pays £800 p/m, near Croydon.
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And it’s gonna get worse once crossrail is eventually completed, whenever that will be.

posted on 30/4/19

Talking utter rubbish if you think millennials have it easy. Even with that 550 quoted, you have to save that for 5 years to be able to afford a place in London. It is where some of us have grown up and established ourselves- what is so wrong in wanting to stay?

posted on 30/4/19

comment by Bumblebeetuna (U4302)
posted 5 minutes ago
I live around the London commuter zone near Hertfordshire, as I work in Watford and Central London, and house prices are ridiculous around the south east. Im looking to buy a property, saved a damn good deposit but still can’t afford it, when average house price is £300k plus. One my colleagues is renting a one bed, pays £800 p/m, near Croydon.
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I rent my old house out for £450pcm. That has three bedrooms and fully central heated! Ridiculous really and unfair on the young ones wanting to get on the ladder.

posted on 30/4/19

Furthermore, not a lot of people in their early 20s have these circa £500 pcp you mention. One or two, yes. But hey, let’s generalise

posted on 30/4/19

comment by scholayScholes (U13961)
posted 2 minutes ago
Talking utter rubbish if you think millennials have it easy. Even with that 550 quoted, you have to save that for 5 years to be able to afford a place in London. It is where some of us have grown up and established ourselves- what is so wrong in wanting to stay?
----------------------------------------------------------------------

So save it for five years, like a grown up. Or move a bit further out and trade a slightly longer commute to get a bit of equity in a place then move back to a more desirable area when you can afford it. It only seems to be London millennials with this problem...

posted on 30/4/19

comment by scholayScholes (U13961)
posted 2 minutes ago
Furthermore, not a lot of people in their early 20s have these circa £500 pcp you mention. One or two, yes. But hey, let’s generalise
----------------------------------------------------------------------
Have no clue what car even stretches to that much a month as well.

posted on 30/4/19

It’s a London problem. There are houses for less than a hundred grand on the outskirts of major cities outside of London.

The population of London is growing by 6 figures net YoYoY... of course houses are going to be expensive. It’s common sense that they would be. It’s not millennials getting a tough ride.

posted on 30/4/19

comment by Martial FC (U11781)
posted 5 minutes ago
comment by scholayScholes (U13961)
posted 2 minutes ago
Furthermore, not a lot of people in their early 20s have these circa £500 pcp you mention. One or two, yes. But hey, let’s generalise
----------------------------------------------------------------------
Have no clue what car even stretches to that much a month as well.
----------------------------------------------------------------------

BMW, Audi, Mercedes, Range Rover... the typical “look at my car and I live with my mum” mode of transportation.

posted on 30/4/19

comment by Diafol Coch 77 (U2462)
posted 12 minutes ago
comment by Bumblebeetuna (U4302)
posted 5 minutes ago
I live around the London commuter zone near Hertfordshire, as I work in Watford and Central London, and house prices are ridiculous around the south east. Im looking to buy a property, saved a damn good deposit but still can’t afford it, when average house price is £300k plus. One my colleagues is renting a one bed, pays £800 p/m, near Croydon.
----------------------------------------------------------------------
I rent my old house out for £450pcm. That has three bedrooms and fully central heated! Ridiculous really and unfair on the young ones wanting to get on the ladder.
----------------------------------------------------------------------
I bought my first for 225, 3 bed semi with a garden and 3 car drive just to help me get on the ladder. Im fortunate tl have that on rent and bought my current house at 315. Im 32 but been saving since i got my first job at 16 whilst going through uni too. I gave up on having a ni e car though. Until now that is 😂


It is hard, agree with arab about living in london and progressing but can also agree about moving a but out getting on the ladder then moving back. I wanted the solihull postcode but first house was borderline brum, but now i have that on rent and got my solihull postcode.

posted on 30/4/19

Cleverson

posted on 30/4/19

I gave up on having a ni e car though. Until now that is

-

Same! Sacrificed the flash car until I’d traded up to the half a million quid detached... then bought a slightly less sh*t car, but now my comfy retirement is assured

posted on 30/4/19

comment by The Lambeau Leap (U21050)
posted 6 minutes ago
comment by Martial FC (U11781)
posted 5 minutes ago
comment by scholayScholes (U13961)
posted 2 minutes ago
Furthermore, not a lot of people in their early 20s have these circa £500 pcp you mention. One or two, yes. But hey, let’s generalise
----------------------------------------------------------------------
Have no clue what car even stretches to that much a month as well.
----------------------------------------------------------------------

BMW, Audi, Mercedes, Range Rover... the typical “look at my car and I live with my mum” mode of transportation.
----------------------------------------------------------------------
I’ve never come across anyone that lives with their parents and lease a fecking Range Rover. Most BMW and Audi’s stretch to about £350 a month too with PCP.

posted on 30/4/19

comment by Martial FC (U11781)
posted 29 seconds ago
comment by The Lambeau Leap (U21050)
posted 6 minutes ago
comment by Martial FC (U11781)
posted 5 minutes ago
comment by scholayScholes (U13961)
posted 2 minutes ago
Furthermore, not a lot of people in their early 20s have these circa £500 pcp you mention. One or two, yes. But hey, let’s generalise
----------------------------------------------------------------------
Have no clue what car even stretches to that much a month as well.
----------------------------------------------------------------------

BMW, Audi, Mercedes, Range Rover... the typical “look at my car and I live with my mum” mode of transportation.
----------------------------------------------------------------------
I’ve never come across anyone that lives with their parents and lease a fecking Range Rover. Most BMW and Audi’s stretch to about £350 a month too with PCP.
----------------------------------------------------------------------

My office is full of the little b**stards. Straight out of uni and driving nicer cars than the senior management

posted on 30/4/19

They must be earning a decent wage to be affording that then. I’m careful with my money, got a nice sporty Seat Ibiza and paying £174 a month for it. Nothing too extortionate.

posted on 30/4/19

Most BMW and Audi’s stretch to about £350 a month too with PCP.

-

Not the ones you’d want for Instagram

posted on 30/4/19

comment by The Lambeau Leap (U21050)
posted 1 minute ago
I gave up on having a ni e car though. Until now that is

-

Same! Sacrificed the flash car until I’d traded up to the half a million quid detached... then bought a slightly less sh*t car, but now my comfy retirement is assured
----------------------------------------------------------------------
😂 snap. My wife keeps saying the houses are for the kids (i have 1 and 1 due any day now). My answer - get the little chits save their own money, thats my retirement pot😂

posted on 30/4/19

comment by Clever - son son son - 'Ole Ole Ole - The Interim One'' (U18599)
posted 9 seconds ago
comment by The Lambeau Leap (U21050)
posted 1 minute ago
I gave up on having a ni e car though. Until now that is

-

Same! Sacrificed the flash car until I’d traded up to the half a million quid detached... then bought a slightly less sh*t car, but now my comfy retirement is assured
----------------------------------------------------------------------
😂 snap. My wife keeps saying the houses are for the kids (i have 1 and 1 due any day now). My answer - get the little chits save their own money, thats my retirement pot😂
----------------------------------------------------------------------

Exactly the same boat

My Mrs thinks that because I’ve got another 40 years of working I’ll earn enough to be able to leave them the house... don’t think she realises that I intend to retire in half that time and drink myself to death in a 1 bed apartment in Mijas.

posted on 30/4/19

I think the issue with London is also foreign investors. Half of zone 1,2 and 3 London houses, flats etc have been bought by the super rich Arabs, Russians and Chinese. All these properties are sitting there empty too.

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