MrJonno wrote:Coito ergo sum wrote:Gerald McGrew wrote:Them youngsters....they don't know how good they have it!!! Not like in my day!!
Glad my parents never said anything like that about my generation.
I'm not saying they have it easier. They're saying they have it harder.
Like I said -- oh, they are worried about getting good jobs and finding a house to buy? Well, join the club. It's called "Club Everybody" and we meet down at the Pub at 6pm.
Give me a fucking break -- oh, the humanity -- home ownership levels have sunk to their 1988 rates of 64%, so that means only nearly 2/3 are homeowners. Big flippin' deal. What is expected? 80% homeownership rates? Let me guess -- "we need to start doing more, and subsidizing the home ownership ambitions of healthy, relatively well-educated, able-bodied, young men."

In the 80's there was a rental market especially public housing, these days if you can't afford a mortgage then you won't be able to afford to rent as thats almost always more expensive.
Sounds like there must be a lot of homelessness there, then, if as you say not being able to afford a mortgage means you also won't be able to afford rent.
MrJonno wrote:
It's very simple now if you want to ever buy a house ask daddy, that simply hasnt been true in the past
What does this even mean? It was usually much harder to buy houses in the 80's, 70s, 60's and 50s, etc. Financing was harder to get. Down payments were higher. People saved for decades to buy houses "back in the day." It became easier, for a time, to buy houses because the financing options became easier to get, and cheaper. Houses get financed around here for 4.25% and for like 3% down payments, and the no-money-down mortgage is coming back, too. Not sure if those kind of rates are available in jolly old England -- what are the rates there?