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Midlifemum

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About Midlifemum

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  1. Sounds familiar - 30,000 empty homes on air bnb yet no homes for people to live in. Think the global economic model went wrong somewhere: https://www.theguardian.com/cities/2018/nov/29/empty-dublin-housing-crisis-airbnb-homelessness-landlords
  2. These figures are extraordinary for one of the wealthiest countries in the world (allegedly) and it’s all by design. A country that can’t house it’s population properly is massively failing. It’s a housing boom that’s creating a social collapse surely? https://www.independent.co.uk/news/uk/home-news/homeless-housing-shelter-figures-poverty-benefits-a8644516.html
  3. Overheard this gem in the garden centre in Brighton this afternoon: “yea, the estate agent has told me to knock 25k off the price as the market is falling like a stone” Brighton has seen the worst of the madness in recent years so is interesting that the London ripple is maybe starting here. I hope so. https://www.theguardian.com/business/2018/apr/12/london-house-prices-falling-fastest-rate-nine-years-halifax
  4. Midlifemum

    The Brighton mega bubble

    I meant So...
  5. Midlifemum

    The Brighton mega bubble

    Do you are basically a troll who comes on here to criticise the situations that other people find themselves in (thanks to a wholly dysfunctional housing market) and to gloat about your second home ownership. Nice.
  6. Midlifemum

    The Brighton mega bubble

    But you are talking about it all as if the traditional formula of leave school, get job for life, get married, buy house, have kids, work until retirement still exists in the UK in the way it did in the 1950s. It doesn’t for a whole lot of people for all of the reasons of many of the posts on this site. I have a senior professional career, a good pension, a higher than average income and I chose to have kids before I got too old. I hope to be able to buy a house in the next year or 2 but it will mean uprooting my kids life. I’d rather not have rented for as long as I have but actually, that is real life in the UK at the moment.
  7. Midlifemum

    The Brighton mega bubble

    The assumptions that you have made in your post are huge. I did save a deposit before having a child. I also put 2 offers down on houses but on both occasions was outbid as the property market down here has grown so fast my deposit couldn’t keep up with house price inflation. I haven’t chosen to rent for 17 years (I actually spent 2 years of that time overseas) - like many many people I have been priced out of a dysfunctional housing market. I have tried to move to a cheaper area but couldn’t find a job that matched what I have now. I have tried many things to get on the ‘housing ladder’ but we don’t live in normal times where normal incomes apply anymore. The normal rules simply don’t apply. Friends got mortgages by ‘self cert’ but I couldn’t do that as I worked for a big company. I’m fully aware my situation isn’t ideal- I am fully aware that at the moment I need to act to protect my retirement. I am fortunate in that I am still one of the few that has a final salary pension. Your post is rude and full of massive assumptions. Life doesn’t always work out exactly as planned and in a rigged housing market, even less so. My original post was making the point that very few people in Brighton can afford to rent family homes- doctors, nurses, teachers- anyone. I am not in the minority and to be honest, never expected that because I didn’t buy a house at a certain moment 17 years ago, it would mean that I was priced out forever.
  8. Midlifemum

    The Brighton mega bubble

    My problem is also school catchment areas etc. We have to stay close to a particular area to stay in catchment which obviously makes life much more tricky! I think I am just worn down by the constant feeling of being a child looking through a glass window at sweets but not being able to eat them!! (Sorry, crap analogy) I’m sick of expensive rents and being priced out of something that is, for most people, a normal part of life ie. buying a house! We live in a constant state of flux and I can’t give my kids the security they need. I’m also finding my landlords retirement overseas aswell.
  9. Midlifemum

    The Brighton mega bubble

    Err, no, i’m not a troll. I saved for many years to try and buy a house but have never kept up with house price inflation. I wish now that I had taken a risk 10 years ago but it seemed like prices were dangerously over inflated then in Brighton. If only I could have predicted what happened next.
  10. Midlifemum

    The Brighton mega bubble

    Thanks Its anything between £1500–£1800 pcm for a 3 bed in Brighton now. We rent a 2 bed terrace for £1200 at the moment. I think we have had enough. I like living here & have stayed because after 17 years I have lots of friends and a life here- good job, kids happy in school etc But ultimately my son needs his own room as he’s close to secondary age. We genuinely feel like we are being forced out. My partner is too old to get a mortgage now & our deposit saving has not kept up with house price inflation as it’s pretty much lottery win territory down here now. Its so depressing. I have always wondered how Brighton continued to defy all rational logic really as it is looking very deprived again- Parks look shabby, no investment, massive homeless and social problems but as someone commented, most of the money isn’t earnt in the city.
  11. Midlifemum

    The Brighton mega bubble

    I can’t. My kids are in school in Brighton. And I’m not a man... A doctor friend of mine has just left Brighton because they couldn’t afford to live here with a family. But I do also know someone with a lifetime self cert interest only mortgage here who pays £100 a month and has never paid a penny of their mortgage off in a decade. A divided city/ nation
  12. I have lived (rented) in Brighton for 17 years- I love it here- but I am close to conceding defeat as can’t afford the rents anymore & have 2 kids. House prices are beyond out of control in a town where apparently 1 in 64 people are homeless and house prices rises annually are higher than the average wage in the town. 5000 Londoners apparently moved here last year making a big problem many times worse. 11% yoy according to today’s Independent but even earlier in the year it was up 9% http://www.plumplot.co.uk/posts/area/Brighton-mid-2017.html Our household income is 75k and yet we can’t afford to rent a 3 bed family home. It seems to be a town for people who can rent a room for 800 a month or for London money. Despair doesn’t come close.
  13. Working families evicted because of high rents- when will it all end? You work but will cant afford private rents and end up homeless with your family- when will it all end? Protect BTL private landlords while the entire country burns around them? https://www.theguardian.com/society/2017/dec/15/homelessness-report-working-families-stable-jobs-local-government-ombudsman
  14. Midlifemum

    Are we on the brink of social collapse?

    In this article about house prices, there is a comment about the UK being on the brink of social collapse because of the cost of housing. I agree, no matter how much denial Mark Carnet appears to be in judging by today's comments. What are people's thoughts? Is a socialist government the only current way out? https://www.theguardian.com/money/2017/oct/17/house-prices-rising-5-a-year-in-more-bad-news-for-would-be-buyers?CMP=share_btn_wa
  15. In this article about house prices, there is a comment about the UK being on the brink of social collapse because of the cost of housing. I agree, no matter how much denial Mark Carnet appears to be in judging by today's comments. What are people's thoughts? Is a socialist government the only current way out? https://www.theguardian.com/money/2017/oct/17/house-prices-rising-5-a-year-in-more-bad-news-for-would-be-buyers?CMP=share_btn_wa
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