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AIBU?

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To be depressed about my financial situation compared to my neighbors

332 replies

greenwithenvy2 · 29/07/2025 16:43

My neighbor is about 59 years old and her husband is 63. She works for the local council as a HR coordinator and her husband, who is now retired, was a finance clerk for the local council.

They have a property portfolio worth around £2.4m (£1m mortgages) so approx £1.4m in property assets. They started their business in the early 90s, when they purchased their first property. They moved home, renting out their original house and repeated this again. With the increase in house prices they were able to remortgage their BTL and buy more property.

We are in our late 30s and are in a very privileged position - we earn a decent wage between us (£140k) and are able investment into our ISA each month but we will never able to have £1.4m in property investment.

I felt so bitter listening to her. They were able to provide gifts for their children to buy their houses and they have now set up companies so their children will inherit their wealth.

I get we are fortunate, but we'll never be able to do this for our children. They achieved this on fairly middling wages as well. I know there are a few other neighbors on our street who've managed this feat and now their kids are sitting pretty.

I felt disgusted at her and at myself for feeling this way.

OP posts:
BountifulPantry · 29/07/2025 17:45

There is enormous generational inequality in the UK based on when you got on the housing market.

Best not to dwell on it OP and count your blessings.

Delphigirl · 29/07/2025 17:45

I am depressed about my financial situation compared to JK Rowling.

In fact no, I’m not. Because I’m not 7.

I really think you should give yourself a metaphorical slap and snap out of it.

ohtowinthelottery · 29/07/2025 17:45

I look at friends with property portfolios who have comfortable lives and who are desperately trying to earn even more money to leave to their children and I just think "why?"
I'm just glad we've been able to help our DC with a small deposit towards a house whilst they saved the rest living rent free at home. After that, they know that they will inherit anything we haven't a) already spent enjoying our retirement or b) is spent on care.
I really don't get this obsession with trying to create vast amounts of wealth to give to the children. Whatever happened to them making their own way in the world. And besides, I don't intend going anywhere for quite some time yet so DC will have a long wait!
DMIL is in her late 90's and quite likely to make 100+ so lucky DH wasn't relying on an inheritance to set him up for life!

EmeraldShamrock000 · 29/07/2025 17:44

greenwithenvy2 · 29/07/2025 17:09

I accept I am in a very privileged postion

Yet you're still jealous, comparing lifestyles that are miles apart.
It's a bit cringe.

Fingeronthebutton · 29/07/2025 17:44

with you attitude you will never be happy. You will always want more.
it must be horrible in your head space.

ManchesterLu · 29/07/2025 17:43

A) You're 20 years behind them. You have time!

B) Just focus on YOUR life, don't compare with others, or you'll never be content.

Zanatdy · 29/07/2025 17:42

Why not count your blessings instead of being jealous of others. You’re in an enviable position.

Wells37 · 29/07/2025 17:40

Money isn’t everything but your health is, grow up and give yourself a reality check.
We have income of about a quarter of yours, I can’t work as I’m being treated for cancer and I have 2 kids. I have been hobbling around all day with swollen joints due to side effects.
You have a completely non problem!
i would love to be well enough to get a part time job to take the financial pressure off my husband, but who knows if this will actually ever happen.

gigthenfishdelish · 29/07/2025 17:40

My father born in the 40s is financially very secure purely via being born when he was born. My younger neighbour is a millionaire through her own skill, tenacity, attitude to risk and hard work. Meanwhile, me and DH just keep going as best we can, and are grateful for what we do have. Comparison achieves absolutely nothing!

Richiewoo · 29/07/2025 17:38

greenwithenvy2 · 29/07/2025 17:10

its all online at companieshouse.

You've cyber stalked her as well. Ffs.

PootlePerkinandPosie · 29/07/2025 17:37

greenwithenvy2 · 29/07/2025 17:30

I wouldn't want to be a landlord because I wouldn't want the responsibility of providing a house for someone. It would be too stressful if their boiler broke for example and they didn't have any hot water.

Then recognise that your neighbours DID take that responsibility on and worked for it! Honestly, I'm finding very hard to believe you earn what you do, I always imagined people with high salaries must be very capable at thinking things through and seeing the bigger picture!

Panicpanicpanicpanik · 29/07/2025 17:36

greenwithenvy2 · 29/07/2025 17:30

I wouldn't want to be a landlord because I wouldn't want the responsibility of providing a house for someone. It would be too stressful if their boiler broke for example and they didn't have any hot water.

Well then your comparison is a bit moot my love, as that’s clearly how your neighbours have built wealth.

also that’s what letting agents and landlords insurance is for ;)

Richiewoo · 29/07/2025 17:36

greenwithenvy2 · 29/07/2025 17:08

Because she lucked out by being born 20 odd years before me.
I feel everything is just so very difficult now and we won't be able to help our children in the same way.

You"re an idiot. Its not their fault. Jealousy is an ugly emotion. Concentrate on your own life and stop comparing. My parents couldn't afford to buy me a house. I don't hold it against them! Health and happiness is more important than money.

MaturingCheeseball · 29/07/2025 17:35

greenwithenvy2 · 29/07/2025 17:08

Because she lucked out by being born 20 odd years before me.
I feel everything is just so very difficult now and we won't be able to help our children in the same way.

I am neighbour’s age and no one I know has a “property portfolio” !! I’ve got one house and I doubt if OP would be very jealous of that. Obviously the further back in time you go to a certain extent people had “better” property for their status, eg a clerk being able to afford a house in Clapham at the turn of the last century. But there you go.

greenwithenvy2 · 29/07/2025 17:35

LovelyMuddles · 29/07/2025 17:34

Good grief grow up OP. I worked with a mum recently who hadn’t eaten in three days so her kids could have dinner. Bit of perspective needed perhaps?

I accept I am in a very decent position compared to many.

OP posts:
hazelowens · 29/07/2025 17:34

Mischance · 29/07/2025 17:02

You've got an income of £140k pa.

My income is £21k

Give your head a wobble.

My dad's 'top line' was never above £15000 and he brought up 4 children on that wage and we never missed out on anything whilst growing up. My dad retired when my youngest brother was 20 and my sister 22 and still staying at home and my sister was at Uni, this was in 2007.

SweatyBettyAgain · 29/07/2025 17:34

greenwithenvy2 · 29/07/2025 17:08

Because she lucked out by being born 20 odd years before me.
I feel everything is just so very difficult now and we won't be able to help our children in the same way.

I had this same conversation with my sil recently! It is going to be so hard for DH and I to help our children get onto the property ladder. Similar to you, we have a 6 figure salary. If you'd have asked me years ago what my life would be like on upwards of 100k I'd have said a huge detached house in a desirable are, 2 expensive cars, an all inclusive holiday abroad each year, plus a couple of other UK breaks.... We live in a modest 3 bed semi in a desirable village in the home counties and do have an expensive company car, but certainly not the lifestyle a similar salary would've equated to back in the 90s/00s. Inflation has something to do with that. Although I do also think that I am somewhat blinkered by the fact that we do live in a beautiful, desirable village. A lot of people have much bigger or 'better character' houses than us where we live, but tbh a lot of them are older so made better property gains when the market was cheaper. Even 6-10 years older makes a huge difference.

In summary, I know some have just bitten at your privileges, but I came here to say that I feel you op. You are privileged, as am I, but it's easy to not feel so privileged when everyone around you has more. And if it's on your doorstep it's easy to be reminded of what you don't have.

As for advice - I just try not to look at what others have, or be jealous. It's not easy, but it's helpful to not dwell on others.

LovelyMuddles · 29/07/2025 17:34

Good grief grow up OP. I worked with a mum recently who hadn’t eaten in three days so her kids could have dinner. Bit of perspective needed perhaps?

BlueEchoes · 29/07/2025 17:34

Londongent · 29/07/2025 16:45

Comparison is the thief of joy

Exactly what I was going to say.

Pebbles16 · 29/07/2025 17:33

greenwithenvy2 · 29/07/2025 17:16

Of course they had control over this

@greenwithenvy2 this is madness, no one has control over when they were born.
And looking things up on Companies House and then getting bitter about it makes you sound slightly unhinged.
As the first poster said: comparison is the thief of joy.

Pinkissmart · 29/07/2025 17:32

CozyCoupe · 29/07/2025 16:48

Good grief.
Recognise your privilege and grow up.

And again⬆️⬆️⬆️

Honestly OP, really?

WhamBamThankU · 29/07/2025 17:32

You seem a bit unhinged searching your neighbours online

greenwithenvy2 · 29/07/2025 17:30

Panicpanicpanicpanik · 29/07/2025 17:27

I do get what you mean, although it’s a bit odd to know that much in your neighbours finances

it is purely generational it was far easier (comparatively speaking) to accumulate and growth wealth for the older generations.

i sometimes feel the same about my parents (not that I resent their success of course because I benefited from it and continue to do so) but more like I feel like a loser. My parents for instance were able to get a 5 bed house for 2x their combined salary, which in the last 30 years has gone up in value by over half a million quid. Pension income of just shy of £6k a month. 2 properties, tens of thousands in the bank, holidays to Florida every year as kids. The sheer fact is it was easier then.

But you sound like you’re doing incredibly well, it’s easy to lose sight of that when you’re looking up to people who have more. You’re doing the bed you can, and you are enough, enough for your kids and enough in the grand sense. You should feel proud of all you’ve accomplished.

if you want investment properties go for it, gotta start somewhere, a lot of landlords take the equity out of their residential property and use that as the first deposit for a BTL, up north will buy you more. HMOs will earn more per month but as riskier. Then in a few years take the equity out of BTL property 1 and get another and larger rinse repeat. Just make sure you have a limited company. It’s tough for a landlord right now but due to the dire lack of housing there’s always gonna be demand

I wouldn't want to be a landlord because I wouldn't want the responsibility of providing a house for someone. It would be too stressful if their boiler broke for example and they didn't have any hot water.

OP posts:
menopausalfart · 29/07/2025 17:29

They're already at an advantage, as you can provide them with a home while they get on their feet. You really have to look at things differently. Don't worry about what next door are doing. You sound like you have so much to be thankful for.

greenwithenvy2 · 29/07/2025 17:28

JLou08 · 29/07/2025 17:25

Your household income is around 3x my household income. You may be able to do things I could never achieve. I still count my blessings.
Also, I wouldn't be so sure you can't achieve what they have. I have a couple of friends who invest in property who were on low incomes. I don't know their exact income and expenditure but I do know they are doing very well and started with very little. They are also late 30s and only started a few years ago.

Point taken.

OP posts: