Hey there! Sign in to join this conversationNew here? Join for free

Does not owning your own house depress you? Watch

    Offline

    16
    ReputationRep:
    (Original post by Voi)
    It's because renting is like being poor.

    You don't own the place you're renting...

    It makes me feel empty, homeless and poor thinking about renting.

    Buying a house means owning a part of this country, and just makes me feel more content and satisfied knowing that it can't be taken away from me as easily as renting.
    Would you call the people paying 2-3k in rent poor? You don't own the place you took out a mortgage for either, people just say they do to make themselves feel better. Your backwards feelings are your business, good luck with them
    Offline

    20
    ReputationRep:
    (Original post by Voi)
    It's because renting is like being poor.

    You don't own the place you're renting...

    It makes me feel empty, homeless and poor thinking about renting.

    Buying a house means owning a part of this country, and just makes me feel more content and satisfied knowing that it can't be taken away from me as easily as renting.
    My dad owns his house, my mum rents hers. From living in both of them I can say there is effectively no real difference, aside from the fact that my mum has more dudes she can call if something breaks.

    I feel like you're really over-exaggerating.
    Offline

    18
    ReputationRep:
    (Original post by MagicNMedicine)
    As you say, why shouldn't they have the luxury of having properties in their name? But young people today who are in professions like chemical engineer, physics teacher, will find it very difficult to get on the housing ladder. They will damn well earn their money but a landlord who already owns a property will take an increasing proportion of that money off them.

    So why shouldn't young people today who are chemical engineers, physics teachers, and working hard for their money, be able to save and give something to their children going forwards? Rather than just work hard but find landlords siphoning off more and more of their wages, restricting their ability to save.
    No I totally understand where you're coming from. My argument was purely against the resentment of people who are fortunate to be in the position of owning properties. Not all landlords are like that, though. It depends whether they're in it for the money or not.
    Offline

    15
    ReputationRep:
    no, because I do own one

    hth
    • Thread Starter
    Offline

    11
    ReputationRep:
    (Original post by Retired_Messiah)
    My dad owns his house, my mum rents hers. From living in both of them I can say there is effectively no real difference, aside from the fact that my mum has more dudes she can call if something breaks.

    I feel like you're really over-exaggerating.
    For a lot of people, the difference is pyschological.

    For me, as I've said, knowing that a house is my own makes me feel more naturally confident, worthy of society and others, and more part of Britain and its culture.

    People who do own their own house wear those big posh coats and try to look like a capitalist and all smug at train stations with a Starbucks in their hand.
    Offline

    18
    ReputationRep:
    (Original post by Voi)
    For a lot of people, the difference is pyschological.

    For me, as I've said, knowing that a house is my own makes me feel more naturally confident, worthy of society and others, and more part of Britain and its culture.
    That's not necessarily a normal reaction to have... Whether or not you own a property does not determine your self worth
    • Thread Starter
    Offline

    11
    ReputationRep:
    (Original post by A-LJLB)
    That's not necessarily a normal reaction to have... Whether or not you own a property does not determine your self worth
    Are people this shallow?
    Offline

    18
    ReputationRep:
    (Original post by Voi)
    Are people this shallow?
    Excuse me? Do elaborate how that makes me shallow.
    Offline

    19
    ReputationRep:
    (Original post by A-LJLB)
    No I totally understand where you're coming from. My argument was purely against the resentment of people who are fortunate to be in the position of owning properties. Not all landlords are like that, though. It depends whether they're in it for the money or not.
    I think this situation brings out a lot of resentment because for those on the losing end of the situation it seems so obviously unfair.

    I'm not saying that hard working people should have their houses taken off them. I'm saying government should deregulate the planning restrictions and housing associating restrictions, and yes government should also increase its own house building, to create enough housing supply so that basic housing is affordable for the average household.
    Offline

    18
    ReputationRep:
    (Original post by MagicNMedicine)
    I think this situation brings out a lot of resentment because for those on the losing end of the situation it seems so obviously unfair.

    I'm not saying that hard working people should have their houses taken off them. I'm saying government should deregulate the planning restrictions and housing associating restrictions, and yes government should also increase its own house building, to create enough housing supply so that basic housing is affordable for the average household.
    I agree. But OP's insults aren't doing anything to help the matter.
    Offline

    18
    ReputationRep:
    Nope.


    Because I bought my house last year.
    • Thread Starter
    Offline

    11
    ReputationRep:
    (Original post by A-LJLB)
    Excuse me? Do elaborate how that makes me shallow.
    No I mean, do people think like this when you meet them?

    Thing is, I don't think renting makes you part of the middle class, regardless of how much your rent is.

    The Daily Mail said you must own property to be part of the Middle class, and have some savings.

    So if you rent, people might think you're poor and not worth their time to be around?
    Offline

    19
    ReputationRep:
    (Original post by Voi)
    For a lot of people, the difference is pyschological.

    For me, as I've said, knowing that a house is my own makes me feel more naturally confident, worthy of society and others, and more part of Britain and its culture.
    I think this phenomenon is only true because the housing market is so bad in the UK, so the choice is of having some control over your living standards by owning a home, or living at the mercy of landlords who keep increasing your rent and make you live in shoddy conditions, if you rent.

    In a lot of other countries where there isn't a housing shortage, renting isn't a big problem. It's important to the flexibility of the labour market as well. In other countries people will get a job in another city and up sticks and move, if they can rent a decent place at an affordable price its not a problem.
    Offline

    20
    ReputationRep:
    (Original post by Voi)
    For a lot of people, the difference is pyschological.

    For me, as I've said, knowing that a house is my own makes me feel more naturally confident, worthy of society and others, and more part of Britain and its culture.
    I suppose psychological is now a synonym for entirely irrational?
    • Thread Starter
    Offline

    11
    ReputationRep:
    (Original post by Drewski)
    Nope.


    Because I've bought my house last year.
    Lucky you. Welcome to the Middle class.

    How much did you pay for your house, where is it and did your parents help pay?
    Offline

    18
    ReputationRep:
    (Original post by Voi)
    No I mean, do people think like this when you meet them?

    Thing is, I don't think renting makes you part of the middle class, regardless of how much your rent is.

    The Daily Mail said you must own property to be part of the Middle class, and have some savings.

    So if you rent, people might think you're poor and not worth their time to be around?
    Obviously owning your own house is a lovely thing, but I can't say I have ever met anyone who links any kind of self worth to owning property. Many people choose not to buy their own property just because it's not for them, but that doesn't make them any less valuable as a person

    If people think that, they're not worth being around
    Online

    20
    ReputationRep:
    Renting seems too much like being a serf. Especially in this country.

    At least with a mortgage you get something at the end of it that is yours and frees you from being bound to any kind of chains like rent or a mortgage.
    Offline

    18
    ReputationRep:
    (Original post by Voi)
    Lucky you. Welcome to the Middle class.

    How much did you pay for your house, where is it and did your parents help pay?
    Yeah, I'm going to put all that on a public forum...

    It's Manchester, so according to you doesn't count.
    • Thread Starter
    Offline

    11
    ReputationRep:
    (Original post by Drewski)
    Yeah, I'm going to put all that on a public forum...

    It's Manchester, so according to you doesn't count.
    What do you mean doesn't count?

    Of course it counts.

    The majority of houses are at least 100k nowadays.

    That's still too much money for most to afford without a 30 year mortgage.
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Brussels sprouts
    Useful resources
    AtCTs

    Ask the Community Team

    Got a question about the site content or our moderation? Ask here.

    Welcome Lounge

    Welcome Lounge

    We're a friendly bunch. Post here if you're new to TSR.

    Groups associated with this forum:

    View associated groups
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.