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WageWar

Middle-Aged Brits Are Forced To Rent Due To Record House Prices

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I presume they mean divorced people.

Otherwise I fail to see the mechanism by which owning a house which has appreciated massively in value would "force" anyone out and into small rental accommodation.

I think they mean people who never bought a house. Like most stuff from the housing industry, the wording's poor.

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Strange use of image.

head_2553516b.jpg

He's not exactly my idea of 'middle-aged'

His body language is more "I have terminal cancer" than "I won't be able to hang pictures"

Edited by Reck B

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I know many people in their 30's who cant afford a house because by the time they graduated and found a job back in 2005 prices were already out of their reach.

The bubble is now just 10 years, in another 10 years time the housing benefit bill is going to be absolutely astronomical.

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I know many people in their 30's who cant afford a house because by the time they graduated and found a job back in 2005 prices were already out of their reach.

The bubble is now just 10 years, in another 10 years time the housing benefit bill is going to be absolutely astronomical.

How many are relying on inheritance to save them?.......what about those who are not in line for any gifts/handouts? who will pay their rent?

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On the plus side, this means there will be a much greater chance for renters to get a better deal in the next parliament. Letting agency charges, mandatory landlord registration, and security of tenure. This ball game is wide open. :)

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All these poor souls need is a cheaper way of borrowing more, or some sort of assisted deposit, or longer term loan.

Easily solved.

WOT?? :unsure::wacko: ???

You mean MORE PREDATORY LIAR LOANS? :unsure::wacko::rolleyes: ???

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Don't forget that many who were in their early to mid thirties in 2005 during the first housing boom and who posted in this forum will now be approaching their mid forties. Perhaps they haven't been able to afford since. They are the people who fit into the article's demographic and the article states that they are the largest group of renters after students. I suspect that many of you who lack sympathy are really only interested in a HPC for financial gain. In other words you are speculators.

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Don't forget that many who were in their early to mid thirties in 2005 during the first housing boom and who posted in this forum will now be approaching their mid forties. Perhaps they haven't been able to afford since. They are the people who fit into the article's demographic and the article states that they are the largest group of renters after students. I suspect that many of you who lack sympathy are really only interested in a HPC for financial gain. In other words you are speculators.

Lack sympathy for whom?

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What is wrong with renting.......how much space to live in does a single person require?

I refuse to live in less than 80 sqm (i.e. average size 3 bed 2 story house) , if/when I buy it will be a minimum of 100 sqm ideally 120+.

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Middle-aged Brits are forced to rent due to record house prices

sui06b.jpg

Don't jump, life is more than just home ownership!

Edited by 200p

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I presume they mean divorced people.

Otherwise I fail to see the mechanism by which owning a house which has appreciated massively in value would "force" anyone out and into small rental accommodation.

They say middle-aged people, and I expect that's exactly what they mean.

I'm in that age range, I'm renting, and I'm not divorced.

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I refuse to live in less than 80 sqm (i.e. average size 3 bed 2 story house) , if/when I buy it will be a minimum of 100 sqm ideally 120+.

That, in a nutshell, is why so many more people rent today. You have the option to be fussy.

In the '80s I rented because I had no choice (until I exercised a different kind of choice and emigrated). Now I do have the choice to buy, but it's no longer necessary.

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Don't forget that many who were in their early to mid thirties in 2005 during the first housing boom and who posted in this forum will now be approaching their mid forties. Perhaps they haven't been able to afford since. They are the people who fit into the article's demographic and the article states that they are the largest group of renters after students. I suspect that many of you who lack sympathy are really only interested in a HPC for financial gain. In other words you are speculators.

i think that's a bit harsh.

most people in this category would dearly love to set up in a family with REASONABLE overheads.

40% of salary at rock bottom interest rate with only one direction to go is not reasonable.

the whole lot needs a shake-up.

if you take housing overheads, food costs,utility costs etc etc, it is not rocket science.(the whole lot of which for comfortable existence should be no more than 50% total,inclusing utility bills)....basic existence these days with commuting to earn in the first place is close to 60%.

I've said before, the people doing this should really read the jeraboam/rehaboam bits of the bible

...ties in with french revolution/corn laws etc etc

quite basic stuff....high tax/high regulation does not work....end of.

and they are pulling the elastic band far too right.

stingy fingers time is close.

Edited by oracle

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Middle-aged Brits are forced to rent due to record house prices

sui06b.jpg

Don't jump, life is more than just home ownership!

nowhere near accurate.

the old bag in the corner has a paintball pistol to shoot him anyway!

..she's thinking," what are you feckin waiting for lightweight, get on with it."

Edited by oracle

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They will just need to use a future scheme HtD 1 and / or HtD 2 ... Help To Die 1 for one aged P and Help To Die 2 to see them both off. But with the NHS and much later retirement age for the youngsters the oldies will probably out last those waiting for the inheritance.

Dukes of Lancaster and Rothesay leading from the front.

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