Totally lighting the touch paper here, flame-proof suit zipped up! Its a long and specific one about people saying they are priced out of housing market ...

[Mintyy]

Aibu to think that if you are 35, have been in full time employment since the age of 22ish, have always earned above the national average wage (so, at the moment, you are on about £28 - £30,000 pa) and for the past 7 or 8 years have lived rent free with no other housing costs such as bills and council tax to pay, then you actually could have got yourself on the property ladder before now? Even if you want to live in the South East (not London).

?

YANBU of course you could have

who we talking about?

In theory, yes. Depends what other bills/commitments you have.

Whose been living rent free? Not me.

Of course you should in that scenario.
But I'm not sure how many people you know who live rent and bill - free ?

A relative Hully. But its loaded.

No, quite right, I'm not talking about you Tee.

Are they of sound mind and wind?

Have they got a cat?

I know one, Janey.

Its a thread about a specific person, just to clarify.

Yes, I gathered that. Not sure why you think you need a flame proof suit. We all know individuals who are utter knobs.

Just wondering, do they actually want to get on the housing market? Is it possible they don't really want to but everyone's expectations are that they would buy, so they're saying that as an excuse?

My Dsis recently sold and went back to rented with a huge sigh of relief!

Yes. What janey said.

Sounds like a knob. What have they been spending their money on?

If you could have been saving for 13 years, earn over £28k and have lived rent free for 7 years then yes you could have should have been able to save up for a pretty substantial deposit.

What I mean is, it's hardly a controversial point. Anyone living on that income with NO housing costs or bills for 7 years would need to be an utter tit to claim they couldn't save a house deposit

Have they got shitloads of shoes?

This could be my BIL, 31, good salary, still living at home, not sure what his money goes on and could have moved out years ago. Why do you think you are going to be flamed?

Should have added, and your partner of 3 years is also rent-free and earns considerably more than average wage, maybe around £40,000 ish.

This "person" must be spending shedloads on other "essential" items, then...

Still not getting the flame proof suit though?

So you've got a combined income of £70,000 ish, and haven't managed to save a deposit between you? What kind of mansion house are you aiming to live in? My partner and I saved £15k for an extension in 18m a few years ago. Think more about what you spend.

I should say our combined salary at the time was less that yours.

I'm just desperate to know HOW these two adults are managing to live rent free.

Crikeyblimey
They work in a profession where they have accommodation provided for them.

Assuming that most people spend a third of their income on rent/bills, the person in question could have saved 10k a year so 70-80k. That's a pretty decent deposit, even in the south east.

However, if they've got used to living with parents (presumably) in a large house, then the reality of buying a more modest house might be a shock to them.

btw it's not at all 'long and specific'.