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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

to feel cheated and lied to?

156 replies

mhmhhhhho · 08/11/2011 16:59

"They" told me that if I grew up, worked hard, became a loyal employee, did the right things, stayed the right side of the law, treated people well... I'd reap the rewards of it all in life.

So I went to uni, did my years there, got into the minimum amount of debt I could manage whilst working part-time in crappy night-time NMW jobs, got myself a job in a sector which means I'm just paying only a tiny bit of the student debt off each month (because I don't earn enough).

DH and I have no hope of getting the deposit together for our own flat (don't even think of a house). We rent, and despite both of us working fulltime (him on NMW) there's barely enough to make ends meet at the end of every month after bills, tax, commuting costs.

Don't even think about having DCs - I joined thinking it might be a nice idea in the future, but childcare would wipe out my salary, leaving us to rely on DH's NMW and tax credits (which are being targetted for reduction by the government).

Am I the only person in their early thirties that feels utterly fucked off with their current situation, that they've done all the "right" things in life, but basically can't ever see the light at the end of the tunnel where things become comfortable? That's all I'm really asking for really - not rich, just comfortable, where we could think about being able to afford our own home, maybe 1 or 2 DCs, and perhaps have an occasional treat.

Am I the only one of my generation that feels cheated by society, that says if you are a good person and do the right things, you'll get rewarded for it? nonsense! life seems to get harder!

Theoretical question really - I'm not about to jack in my job or anything - but I was mulling over the idea my mother told me when I was younger, about how if you work hard, you'll be comfortable (in a way we never were - parent illness meaning couldn't work - not a benefit bashing thread).

OP posts:
wordfactory · 09/11/2011 16:02

Well when I was a youngling it was easier.

University was free. I even got a grant.
I convinced a firm in the city to sponsor me through law school.
Then I bought a flat on 100% mortgage.

Don't get me wrong I've worked my arse off and been very shrewd...but it was a good start.

TadlowDogIncident · 09/11/2011 19:29

It does fundamentally come down to luck, though. I'm 37, have two degrees and a professional qualification, and am lucky enough to own a flat in London and have a job that pays the mortgage on it. Yes, I worked hard and I chose a career that would pay me decently, but a huge amount of my present comfort is down to various bits of good fortune, of which the biggest is being relatively old and well established by the time this recession hit (and therefore also having bought before house prices went completely bonkers). Like wordfactory I went to university for free and got a grant, and then another grant for postgrad stuff. I could have got a 100% mortgage if I'd been willing to risk it (I'm very cautious so didn't).

My sister, meanwhile, has been very ill, had a spell on benefits and although she is now better and working her prospects are nothing like as good as mine. No moral difference between us or difference in our work ethic, just that I had good health and she didn't.

I feel cold and sick thinking about DS's future, to be honest, especially if he's academically only average or has any health problems. Yes, the past sixty years have been historically unusual, but are there really people on this thread who feel comfortable with the idea that we go back to a few people living in vast houses with staff and everyone else crammed into slums?

Proudnscary · 09/11/2011 20:38

It's all about property prices. In 1970 when my dad bought our first house it cost roughly half his salary. The same house now costs about five times my salary.

TadlowDogIncident · 09/11/2011 21:22

Agreed, Proudnscary. And that ought to be fixable. I don't see why anyone thinks high house prices are a good thing - obviously a crash wouldn't be good, because that would land a lot of people in trouble, but a nice gentle decline would be good or neutral for nearly everyone.

Bugsy2 · 10/11/2011 10:06

but is it about prices or is it about demand? We have a big population & more small families / single people who want to own their own home or be housed separately than ever before.
Is this possible & sustainable? You only have to look at the sub-prime loan disaster that set this whole economic crisis rolling to wonder if that is possible. I can't help feeling that the issues are more complex than just pricing.

MistyMountainHop · 10/11/2011 10:11

yanbu OP

i feel like this sometimes too. i would love to own my own home but i doubt it is ever going to happen :(

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