to be worried my kids won't be able to buy a house

[lemonbanana]

I know it's silly but I worry so much I've nothing to leave them even though I work loads, does any one feel similar?

If tenents had the same rights as those in other countries do then renting is a perfectly fine option. But they don't. I know this first hand. They have to trust that their LL is not going to fuck them over. Most don't, but a select few do. I also know this first hand.

Actually when dp and I got together we had both started mortgages on our own places. So rather than dp selling up when he moved on with me we kept his place on and this is the one we have in mind for dd. We are lucky but we've not had family support or big deposits. Just bought early in cheaper areas which have now become more desirable. When I look at the wealthy people who live around me now they are a different league. I am in caring professions and we are both on average salaries.

What positives are there to private renting in the U.K.?
Unless you rent a council house because that has many upsides?

I've wondered about the pension thing too. How do renters pay the rent and bills once retired?

Yanbu to feel a bit sad that you can't help them out but it's really not something to worry about. I've had no help from my parents and have been able to buy.

Oysterbabe in this country at least I think a lot will rely on housing benefit (unless they have a sizeable private pension of course).

I've wondered about the pension thing too. How do renters pay the rent and bills once retired?

Easy. Today's under 30s won't ever get to retire. So that's that problem solved!

I rented in order to move around for my study and career up till I was 30. Then I was able to buy (moved out of the SE).
I suspect my ds will do similar and I don't plan to help him buy in his 20s unless he was to have a family and desperately need my help.

David Cameron himself is worried that his kids won't get on the ladder either!

Maybe we should start a Gofundme page for them? I haven't got much, but I can spare 50p

Renting is the norm in many, many other countries, and has its advantages.

I know this is right but just wondering... who actually owns the houses people rent?!?!

Individuals, family groups, groups of investors, pension companies, housing associations, etc.

Those who have inherited wealth, very high salaries or shares in companies that use housing as investments (most people with a pension).