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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

to think a lot of people just don't get the cost of housing?

192 replies

stressedofnorthlondon · 15/02/2012 22:35

DH and I are looking for a house and it's got me thinking. I live in a cheap part of the city, but that's cheap relative to other parts of London and the south east. We've looked a quite a few places now, but with each one I see I just can't quite believe how much a fairly small family house is going to cost us. But, we have completely grown out of our current home so we need to move.

We need to stay in London for lots of reasons. Our jobs are here. I could probably get work elsewhere (or maybe not in the current climate?) but DH couldn't. His profession is London-based. So if we moved away he'd have to commute back in anyway. Our support network is here. Our familes are not but they live in equally expensive areas that are not to far away, close enough to help. All our friends and all that we know, that keeps us sane, are here.

So often on here you see people say "downsize" "move somewhere cheaper" etc etc. The whole HB furore going on at the moment is due to the expectation that people should be moving to cheaper accomodation / cheaper areas. But there is nowhere within commuting distance of London that is cheap! I think it's because people who live in other parts of the country just don't understand that here there isn't really such a thing as "affordable" housing. There isn't anywhere to downsize to, as even small properties, to rent and to buy, are really really expensive. Yes lots of people get paid much higher salaries to work in the capital, but we also have lots of people on minimum wage, lots of people in the service industries, people who clean etc. To rent a family house here is well over £1000 pcm.

So AIBU to think that a lot of people who live elsewhere in the country just don;t understand that housing here is expensive, whatever size of property, or what area you live in.

(and I know that DH and I could stay in our small flat, but we are lucky that we can afford to move, I just can't believe how much it'll cost us!)

OP posts:
IUseTooMuchKitchenRoll · 15/02/2012 22:37

Yanbu

Trills · 15/02/2012 22:38

£1000 pcm is less than a family house (3 bed or more) would cost within 1 mile of where I live (not London).

YANBU to think that people often just don't get it.

Lunabelly · 15/02/2012 22:39

Yanbu. Housing costs are outrageous.

Trills · 15/02/2012 22:39

And where I live a season ticket to London (not including tube) costs £4,000/year (which obviously needs to come out of post-tax salary)

FourEyesGood · 15/02/2012 22:40

I live oop north, and I do appreciate that housing in London is ridiculously expensive; this fact is reported in the national media (yes, we get national news up here) all the bloody time. I also appreciate that it's a lot cheaper here, and that makes me feel a bit smug. Thanks for giving me that warm smug glow just before I go to bed.

Kayano · 15/02/2012 22:40

relaxes in northern house

Yanbu. Even I know that from Watching property programs on tv Sad

Plus all this downsize/ go cheaper arguments are all well and good if you can sell your own for
A reasonable price in the first place Sad

WorraLiberty · 15/02/2012 22:41

YANBU

I think some people just type phrases like 'move somewhere cheaper' because their fingers start moving before their brains are engaged sometimes.

It's the same with 'Learn to drive'

Apart from the huge cost of taking lessons, passing a test, buying a car and being able to afford the running costs...not everyone is cut out to drive as it doesn't come naturally to them.

Fireandashes · 15/02/2012 22:42

Depends on your definition of 'commutable distance', I guess, plus where you actually want to live. I live in Northants, nearest station (3/4 miles away) is a 50-minute train journey into St Pancras. Three-bed houses with gardens rent for £500-700 pcm, sell for £160k+ round here.

maddening · 15/02/2012 22:44

yabu to think we aren't aware - most folk are aware that london is extremely expensive - don't know what the answer to sort this out is though....

AnyFucker · 15/02/2012 22:44

are all these "other people" not as well-educated as you then ?

they've never had any dealings with property at all ?

never watched a property programe, read about house prices, listened to the news etc etc

yes, housing is one of the biggest drains on your outgoings, absolutely

is not really a surprise to all these "other people" though

MissSayuri · 15/02/2012 22:44

I live in Glasgow but I'm very aware of the cost of housing in London as I have many friends there. When I visit I am always shocked by how little you get for such a lot of money. Pokey wee flats for over 150k? Sod that.

DialsMavis · 15/02/2012 22:45

YANBU. I was turned down for the childcare grant element of my student loan. Until I sent them proof of my outgoings, showing that our rent is £1650pcm, and that is with a 20 min bus to the nearest tube station. I only moved to London a few months ago and we budgeted for doubling our rent budget. It wasn't enough and we lived in Bournemouth before which itself isn't cheap. Good luck with the hunt, where are you looking?

MollyBroom · 15/02/2012 22:47

I think people are aware of how much housing costs . Our housing costs are similar. Having said that I don't think I could afford to have a London based career and a family unless it was very well paid.

FourEyesGood · 15/02/2012 22:47

Just to clarify, I think YANBU for being sad about not being able to afford a house. I do think YABU for suggesting that people outside London don't "get" the housing situation there. So many London-based people seem to forget that those of us who live outside the M25 can read and write (and, more importantly, watch telly). And some of us have even visited London once or twice. No, really.

Trills · 15/02/2012 22:47

Not all the other people.

Just the other people who say silly things.

DialsMavis · 15/02/2012 22:48

Oh gosh yes, I get the learning to drive one frequently. I also like the "why don't you buy somewhere? renting is a waste of money"- because we haven't got £100k for the deposit and fees you dicks

Woodlands · 15/02/2012 22:48

I know what you mean. Our family income is around £60-£70k (no debt apart from mortgage and student loans), but yet my DH and I live in a 2-bed flat in a grimy part of zone 3, which has a dodgy reputation. Who are all these people who can afford to live in nice family houses in most of London/nice commutable areas? I just don't get it.

plus3 · 15/02/2012 22:50

YANBU - we are trying to buy our first home. Both DH & I work in central London & are trying to buy near to DH's parents as they help with our child care (outside M25) it is staggering that we need to spend a quarter of a million pounds on a tiny, needing renovating home. That is on the lower end of the scale. Can't see it happening, and we both earn good wages Sad

mummymccar · 15/02/2012 22:50

YANBU. London is the worst but most of the South East is almost unaffordable now bar a few towns.

KittyFane · 15/02/2012 22:52

I don't live in London.
Most of my support network lives in London and I would earn more if I did, as would DH.
I don't live there because we can't afford to.

marriedinwhite · 15/02/2012 22:53

Almost terraced house here. Victorian. Quite big, difficult to maintain, 4 floors, osp for one car only, residents parking on the street for mine. Nothing grand and would be pushed to pay £500k for it where my mother lives. Admittedly very very good zone 2 location. This is by no means a stealth boast and we are getting on a bit and when we bought it you could have knowed a "0" off. We drive modest cars, buy clothes from M&S and I wear No7 as an economy but, I'm afraid, our house is worth about £3m. There is nothing, absolutely nothing grand about it at all. And I do know we are very very lucky. The thought of starting again at the age of 20 something fills my veins with a deathly chill.

TitchVida · 15/02/2012 22:53

Tell me - me and DD will probably live in my one bedroom flat is South East London until I can send her up a chimney to earn her keep or something. Up and coming areas? Pah. It's nuts.

However, spare a thought. I work in a homeless hostel in London - these guys really ARE up against it.

KittyFane · 15/02/2012 22:53

:o @ "I wear No7 as an economy"

stressedofnorthlondon · 15/02/2012 22:54

AnyFucker I just don't get why, if some people genuinely do understand the cost of living in this area of the country, why do they say "move somewher cheaper" or " downsize" when other post about budget issues etc. I didn't say that I thought they were stupid or less educated for thinking that!

I'm assuming David Cameron is well educated as he went to Eton and Oxford, but he seems to want us to move somewhere cheaper too...

OP posts:
TitchVida · 15/02/2012 22:55

See, it's just so interesting - I think No7 is luxury!

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