To be depressed about my financial situation compared to my neighbors

Is OP's post for real or a joke? I'd be laughing all the way to the bank with a combined salary of £140k!

Just as you're thinking about this lady, I'm kind of thinking about you!
I think you're quite privileged, I'll never get on the property ladder, and it's all I've ever really wanted.

My god I was just reading the thread about the OP scared of the rat in her house and saw the photos of what she was living in then this. OP you need to check your privilege, you really really do.

Really? You actually believe they had control over when and where they were born and who to?

You are a joke.

Christ, £140k in your 30s. We're in our 40s and on half your income with a £1450 a month mortgage and realised we're more privileged then some (even though we are also surrounded by people a hell of alot more financially solvent then we are too). I can't believe wealthy people go around feeling so hard done by. 😅

Just put some money aside for any future kids, thats what we are doing, just a little bit a month and we might have enough to give their deposit a boost when they're ready to buy. It'll still be a hell of alot more than most!

I'm assuming you must be in a very wealthy neighbourhood if you're comparing yourself to the 1%er millionaires that live next door. Seriously OP, get a grip. Xx

Why do you want to be a property investor? Plenty of other investment strategies out there.

And why do you know her property portfolio value?

Comparison is the thief of joy. You are in a good position. Enjoy it.

This. The pity party here is what is disgusting. Do you realise that compared to many you are incredibly privileged? Yet here you are bleating about how unfair your life is compared to your neighbour. Surely no-one can be this lacking in self awareness.

If this is real and I hope it isnt, you need to get a bloody grip

Get a grip OP, honestly you sound so pathetic! Think about those starving people in Gaza. People, young children and babies, are starving to death. Count your blessings that you’re not in their position!

We've downsized into a tiny property so we can help our disabled son as he's far too vulnerable to live in social housing in our area. Maybe you could do the same when you retire?

This.

You can think this but don't know why you felt the need to post. Most people would love to be in your position and would be envious of you as you seem to be of them.

Be happy with what you've got.

@Kendodd loving your posts. You’re hitting the nail on the head so succinctly

I live up the road from Denise Coates. Her estate is the size of a village. I just roll my eyes as her helicopter flies over and shakes the tiles off my dilapidated semi. But my mortgage will be paid off in 2.5 years and I'm sure many would love to be in that situation.

This is a bit of a straw man, there may be no inheritance if they need to sell the property to finance care.

i think the point is, factually and empirically boomers are the wealthiest generation and millennials as a whole won’t be able to attain the lifestyle lived by many boomers. It’s a very easy comparison as millennials become parents as our parents were largely boomers. We can compare the lifestyle our parents lived and us as children and see that we can’t do the same.

its disingenuous for boomers to pretend this isn’t true which is infuriating, likewise is the older generation voting for the right, which is kicking the ladder out from under them. But it doesn’t mean we resent boomers their relative affluence rather that we wish we could attain it ourselves

You accept it yet proceed to post on a public forum how unhappy you are with your financial position during a cost of living crisis. How very tone deaf of you, be grateful and keep your nose out of people’s business.

You are in such a fortunate position. You honestly sound like a spoilt whiny child. Grow up

id love to be on your income.

I'm old and comfortably off, I thought I'd made that clear in my post.

Agreed. It is sickening to think many families are watching the electricity meter hoping the emergency credit doesn't go before pay day.
Stretching meals like a Mumsnet chicken.
I hope OP feels a bit silly now.

Can I just point out that the average age to inherit in the UK is 61. I find this - you'll get the money when they're gone - really sums up all that's wrong in the UK. It doesn't matter how hard you work, what matters is how much money your parents have.

I'm in a similar position to you neighbour.

Was I handed anything ? No.

Was I lucky being born when I did ? Well, you judge. I grew up in a northern mining community, watched the pits close and the absolute decimation thereafter. I moved south , ALONE when was 20. I got a corporate job, not well paid, but one where there was the chance of progression.More than half my wages went on accommodation. I couldn't afford to go back home more than twice a year. This was well before mobile phones and face time. I met the man who became my husband - he was from the same background and had moved for the same reason. We worked. Very, very hard. We moved up the greasy corporate pole. Had kids late - mid 30's.

So, now, after 30 plus years we are in an extremely fortunate financial position, through our own very hard work and the sacrifices we made. Do we flaunt it ? No. Have we forgotten where we came from. Absolutely not. I know and respect people from all walks of life and treat them all exactly the same.

You don't know your neighbours story, It might be similar to mine.
You should never have started to dig around into their finances. Envy and jealousy are not comfortable bedfellows - as you are finding. You have a good household income.If you want to try and set you children up in the future, you can, but that will involve sacrifices now. Nothing comes easy. if you want something, you have to make it happen, because no one else will.

Hate these kind of posts. Bore off and rattle your money tree. Plenty people don’t know when they’ll eat again.

And yet some of the wealthiest people are your age, have a think about all of those who are thriving without an education, without family wealth! Your age had the benefit of the internet booming, influencers taking off, the ease of setting up a business, equality or pretty near to it, access to working any hours you choose and if you box clever from any location.

You need to live to your generations benefits not look back for someone to blame.

You’re getting a lot of stick here - I knew you would the moment I saw the title.

YANBU - the generation prior to us did have an advantage and from an average salary had the opportunity to multiply wealth tenfold by the time they reached retirement age - something that is unlikely to happen on a 140k combined wage. Posters on these types of threads think that it’s basically a millionaire lifestyle when they don’t factor in that tax on this is essentially a rip off and your take home pay is like being in the bracket below, childcare which allows you to have this is extortionate and eats in to probably a quarter of your earnings etc etc. You’d never be able to afford multiple mortgages / properties / savings in the way that the prior generation could. They had their own struggles in other areas where we don’t now, but where assets are concerned they had a leg up.

So when the Boomers pass on and have inheritance to leave we’re all going to say “No thank you, don’t want your ill gotten gains” I trust

I agree with you OP. And I'm actually in your neighbours position. Yes, life isn't fair, but that's no reason to just shrug our shoulders about the way we have stacked the odds against our young people. Almost all of this is down to housing. You might argue that the housing situation in the UK isn't the fault of older people. I would argue it is and I'm one of them. We hog large family homes on our own, including council housing and we vigorously and determinedly oppose planning applications to build homes for younger people.

Yes, this. DH and I worked our way up on very average salaries, with no parental help, but with the huge blessing of stable homes and encouragement to achieve well at school, and a belief that hard work would pay off in time. And we now own a house worth over 800k with a LTV of under 30%. I was given the tools to build my own security, rather than expecting someone else to do it for me. We are saving some money for our girls, which they will get on a matched basis - we will match their savings up to a certain point, it certainly won't be an easy handout as we don't believe that it helpful.