Anyone other Gen-Zers on here sick of daily life

[lorrisandthesnowman]

Just that really. Endless bills, no hope ever of getting on the property ladder as the mummy and daddy bank wasnt an option, paycheck to paycheck living. The fruitless thought cycle of if we should have children/can we/ what would that future even look like.

Or is it just me and im in a bit of a negative slump

This.

I'm 50 with a good job, and have only ever been able to manage shared ownership. No "bank of mummy and daddy" as you delightfully put it here.

I am also Gen Z. I have been fortunate - I didn’t get help from my mum and dad, but I was just insanely lucky a few times in a row. I also worked super hard, but realistically I’d know hard work doesn’t mean shit unless you get lucky. You won’t get sympathy on here, especially not on AIBU but you are right, life is definitely harder.

It is tough.
What is your combined monthly income ? You need to sit down and make a budget of all incoming and outgoings and work out how much you can save per month. Pay it into savings on pay day. If there’s two of you you’re in a much better position to save - sharing bills, food shop etc. I do think most singles stand little to no chance these days.
re having children you might need to consider moving to a cheaper area when the time comes. Or even before hand, in order to buy a house.

@Satisfiedwithanappleit wasn’t harder to get mortgages then!

It was.

Prior to 1975 women couldn’t get one at all.

Plus this:

https://worksinprogress.co/issue/britains-forgotten-financial-crisis/

@Satisfiedwithanappleso you are saying it was harder for men & couples to get mortgages too? And what about post 1975?

Yes, as above. Prior to the late 70s. It affected poorer boomers, fundamentally.

It was easier for the Boomer generation to buy homes & secure mortgages than it is for today’s young. That is a fact due to lower ratios of salaries to house prices & more flexible lending. Why the refusal to acknowledge this by some on here I never know.

@Satisfiedwithanapple but why are you focusing on pre late 70s? I’m talking about the “boomer” generation, many of whom would have bought later.

I’ve refused to acknowledge it where?

i have merely pointed out that more disadvantaged boomers were completely left behind as once credit was available the prices shot up. While on balance yes it’s hard now, presenting it simplistically is unhelpful.

There are lots of poorer older people and there are reasons for that too.

Well exactly. My boomer parents and in laws bought in the early 70s.

It’s really quite frustrating that a lot of people don’t actually want to learn about the challenges of history as it doesn’t fit their narrative.

Why not just say ‘ah that’s interesting, I didn’t know that?’

Very good point. And wtf 29 years later we still get paid 30k p.a.

Op first of all don't let anyone tell you it was the same for their generation. It is quite obviously much harder for your generation buying houses than it was any generation up to baby boomers that came before you. The difference now is most parents realise that and help kids with deposits. I think it helps to acknowledge that but not let it stop you from trying.

Op would you consider moving to somewhere in the Midlands or North? I'm a millenial and it was well reported how hard it was for our generation to buy. People always used to say on articles about the issue that they should all move away from the south.

I have always lived in the Midlands because I love it, but when I was attending stay and plays a lot a year or so ago nearly every parent I talked to had fairly recently moved from London. So it seems lots of people listened and moved! They've ruddy well pushed our house prices up which isn't great for us, but they're still a lot cheaper than in the South East.

There's jobs across lots of different fields just as you find in the South East. Granted we take a lower salary than the South East, but when you consider the cost of housing being so much less our money is actually worth more than yours. Nursery costs are cheaper here too. Our cities are smaller so easily commutable by bike, which saves lots of money. I live in one of the further out suburbs of Birmingham and it's only a half hour cycle into work in the centre. Places like Leicester, Nottingham or Sheffield are probably walkable from most areas.

I had a look and you can still get flats for 75-150k in a less desireable, but safe enough family area of Birmingham.

That's really helpful to the op whose feelings are perfectly valid.

Next time you have a moan l hope someone tells you you're better off than others and totally undermines your feelings ffs.

@Satisfiedwithanapplebut you understand that boomers range from 62-80 today so the average one wouldn’t have bought in the early 70s!

Feel your pain

The irony! 😆

Where have I said that all boomers were rich & none of them are poor?

I simply said it was easier for boomers to get on the property ladder than it is for today’s young, that’s it….

Hey!
I’m older but it absolutely hit hard any millennials who hadn’t got on the property ladder by the time of the financial crash and all Gen Z - and of course especially those without family help to buy.

You aren’t imagining it! It is harder. The massive change in average house price to average salary ratio is indisputable. Of course every generation had to work and save. I don’t pretend anyone had it ‘easy’.

My best advice is that a house can be bought at any time, Babies can’t necessarily and IVF will be expensive.

I had babies at 28 in rented and bought at 36.
No regrets.

Could it possibly be because some of us were actually around at the time and have lived experience??

Seriously what is your issue? What do you want me to say to make your ego happy?

I agree with you on balance it was easier and for Gen X.

But the point is that the ‘boomers’ at the greatest advantage bought before the late 70s when house prices shot up because of credit availability. So if you bought after (ie you were a younger boomer) you didn’t have that advantage. And the poorer ones got left behind at this point. There are loads of boomers who don’t own property.

Gen Z otoh have student debt, that is a huge difference in its own. Things are hard for Gen Z.

Agreed was just about to start up with an Xennial moan.

It does affect society adversely when enough people feel there are no straightforward ways to improve their living standards.

My Ds2 is finding it hard. We helped him with a deposit, but the bills and mortgage are crippling him and I do feel sorry for him. Going it alone is always hard, but he tries to stay positive and works hard. It’s just that he feels his being left behind.