I am 27 years old. I have £50,000 in savings. Average wage job.
But since the age of 20 people keep telling me how... "House prices never go down and always go up"
Everyone I know is like a parrot repeating the same thing "Buy a house, and then buy another house to rent it out"
Most people I know have 2 houses, or are flipping houses. Some family members have 2 or 3 houses.
I just know in my heart something is not quite right.
Average House prices near me have gone up £40,000 in 2 years. People just say to me "I told you so" or "see you should have bought already"
I'm going crazy here because I feel like the weird guy still living at home with mummy and daddy waiting for a crash to come. When all my friends are buying house number 2.
Anyways, happy I found this website. It will keep me sane a little while longer.