AIBU-Sick of the narrative that young people can’t buy homes?

[Henryhoover12]

I had a heated discussion with some friends who said it’s “impossible for young people to get on the property ladder these days”.If they do their parents either lent them the money, gifted them the money or they lived at home rent free to save up. It’s not just my friends a lot of people of this age go on about it.

As a young person myself I’m bloody sick of this narrative, anything can be done if your willing to make sacrifices and prioritise for your goals which most young people aren’t. I purchased my own 4 bedroom home at 22 (few months ago) WITHOUT any help from family and whilst paying rent on a flat WITHOUT help from my family to pay for.

I called out all my friends who are blaming how it’s going on their ability to stop online shopping for new outfits every event, going out for cocktails, getting hair/nails/tan done weekly, Taking flashy cars out on finance, etc. that if they stopped then they to could buy but I got told I was being extremely unreasonable and that it’s impossible, well is it or do they not just like to hear the truth.

She’s married, so she did have help, she had another whole income to get a mortgage out on.

Bit different to “I worked hard for what I have”. 😂

Molly Mae is that you? 😅

By which I mean an accountant

You seem quite scornful of people who make different choices to you OP, I think its rich that you would say you are a friend to these people.

@NoNameHere12 “nothing to do with hard work” 😂 sorry but that sounds dumb. Me buying my house had everything to do with hard work, unfortunately luck doesn’t look great on your mortgage application but guess what does- someone who worked hard, saved lots of money and got themselves through uni and into a good job. All hard work.

[quote Henryhoover12]@ninnynonny no I can’t see that because that’s exactly my point. As both Person A and Person B live in the same area, want to buy in the same area, earn the same amount so what’s stopping them from buying when they both can? For person B it’s that they want all the little luxuries in life such as her car, clothes, cocktails but then moans she can’t buy when she can if she just made it her priority.

I’m not comparing buying in wales and buying in London[/quote]
You said in your OP it's not just your friends you were talking about but that lots of people your age group "go on about it"

Yes OP you are the most amazing, best, most hard working person in the world. I am in awe of your utter brilliance.

Or you’re a goady fucker.

I’m leaning towards the latter

3 years at uni and went travelling.

Really?

And married two years ago!

There's a whole lot missing from this story.

[quote Henryhoover12]@gabsdot45 I totally agree! When I used to rent my rent was more then my mortgage and that’s what made me make sacrifices to ensure I wasn’t doing that anymore.

@monkeysmum21 thank you! My friend funds Zara through all her spending then wonders how she can’t afford to buy a house. Would I not love to drive around in a flashy Audi and the latest trainers. Yes! But could I … no. So I prioritised[/quote]
Perhaps your friend doesn't really care about buying a house at such a young age? Perhaps she feels the need to say she can't afford it just because it is a 'hot topic' of conversation.
Not a great topic to be had as mates down the pub is it ? Smacks of 'considerably richer than you' and a bit chippy tbh.

I had to move out at 17 because my stepdad and I didn't get on. No chance of me going to uni! Became a single parent young. Was on benefits for a while.

I do own my home now but I wasn't able to buy it until I was 29.

Not everyone is in the same boat.

So basically you are on high wage (much higher than most people have), live in an area that has a lower living costs than other areas (so renting, activities etc… cost you less) and you have been more frugal than your peers.

All good but it certainly doesn’t mean that ALL young people EVERYWHERE can easily do what you have done.

Does it mean that your peer, who I assume has a similar wage?? But do they?, could do it too? Well maybe. Or maybe they are choosing to spend their money in a different way and IT IS OK.

The reason why you are getting related though is because your title is very general, implying that this can be the case for anyone when it really isn’t. Same with building a pension etc…

Henryhoover12 No one is being sucked in with your lies!

Oh and I work hard too by the way. Plenty of people who work hard still will never earn enough to buy a house.

@Henryhoover12

Honestly I had no help from my parents, they were never in a position to help me and so I was always raised with the mindset that if I want something I work for it. I agree it’s so much more difficult then before but if it’s all we ever know is it? we have only ever known house prices to be this much and so I always knew I had to work hard to get that and so I did.

Also I did make sacrifices but I never didn’t enjoy being young, I was at uni for three years and then I travelled for a bit. So it’s not like I stayed at home watching life go by to afford it

So you've only been working one year and you can afford a 4 bed house?

Of course it’s nothing to do with hard work.

Would you be able to have bought that house in your own without your husbands help? NO! (Even though you work hard)

You got lucky that you found someone worth marrying young.

So you have a friend who is shit with money, that doesnt mean that there isn't a very severe problem with housing and affordability in this country.

You didn't make good choices, you had good choices. There will be people out there working as hard as you who can barely afford the roof over thier heads. Be grateful for the home you have instead of judging people.

Zoopla has a 4 bed semi detached in port Talbot £115,000 looks ok needs tidying up but yes doable £11,500 deposit needed.even has a nice little stream running past back garden, don't know about the area etc but yes TBF could be done,

they splash about £400 a month on pretty little thing their Audi A1 cost them about £300 on finance

I don’t think the average person can afford that either btw.

I’m not smug at all, I’m proud that I worked hard and a had a good head on my shoulders to invest in a home then finance a car and splash on fast fashion so that I could be smug over Instagram.

All of this is stuff I say to my friends and most of them actually agree. They know they can do it but moaning about it is the easier option. Do they want to stop online shopping and going for cocktails, not right now but they will one day as they will realise okay we do need to buy a house and this is how to do it.

maybe in your area op but my dsis and partner needed 90k to buy their house it wasnt doable without help

@Henryhoover12 I'm confused. You bought your house at age 22 ? Prior to that you spent 3 years at university (taking you up to age 21 at least).. and you went travelling?

I don't understand. How did you do this?

I'm honestly just trying to understand.

@Henryhoover12

I just think young people want everything handed to them. I saw it even in university the level of entitlement “oh my parents need to pay for this”. But why? Your parents aren’t the ones who chose to come to uni or benefit from the degree. Going to uni is a luxury so why should your parents foot the bill. “Oh our grandparents had it so much easier” yes they did but guess what complaining won’t make it better. Work hard and you’ll get there.

Interesting that society disagrees with you and offers student financial support means-tested against... the parents.

I'm surprised you have any friends. Doesn't your smugness put them off?

You sound very naive. Do you think the people working in minumum wage jobs can't afford to buy a house because they're buying designer gear and cars? Or that they just aren't working hard enough?

Me and my DH work normal jobs in London our combined income barely covers our rent bills and travel let alone savings (don’t even have a car)

We would have to move into MIL’s to save up then look at either leaving our jobs and all family behind to afford a house, or help to buy that I’m very dubious of.

Hardly any of my friends own their own properties and are all stuck in the rental market.