Of course this might apply to other age groups but I can only speak for myself. I'm in my 30s. Saved and saved to get a mortgage which years ago would have been possible on my wage. Now, once I've saved enough to get a 5% mortgage, it's not possible and my savings are rapidly declining because my wage no no longer covers everything. I'm lucky to be in a position where I have a bit saved, as some of my friends have nothing and are getting further and further into debt. I'm worried that by the time we are out of this mess, if we are ever out of it, my savings will be next to gone, I'll be back to square one, and will be nearly 50 by the time I can save enough to get a mortgage. I know owning a house isn't the be all and end all, but I'm so disheartened that I spent all those years saving and it's now going on rent, groceries, fuel. Etc. Maybe I'm just feeling sorry for myself but I'm just fed up. For instance when my parents were on a similar equivalent to my wage when I was younger, they could afford a holiday every year. I've never taken my son on holiday and he's 4. I'm not entitled to a holiday but things have changed so much. I thought things were meant to get better for each generation. Not worse. I'm really struggling.