Londoners, will you simply stay at Mum and Dad's?

The Housing Crisis is ridiculous. We are not going to be able to afford to buy homes. However paying 1000+ a month for rent alone is high street robbery. for those who also think this is simply too much but really want to stay in london for jobs, nightlife etc what will you do?

Stay at mum and dads forever?

Bear in mind this could effect social cues for our generation. Do you really wanna be bringing back boys/girls to your parents house? or friends to socialise? etc etc. independence is felt and appreciated by many who go to uni. Will that now have to be sacrificed due to the exorbitant house/rent prices?

PS this is for aimed at those who have graduated and are trying to get a job/start a career. Also aimed at anyone seeking to start a life in london after graduating

(edited 8 years ago)

Reply 1

AzimH

5

Yes of course, I'm Asian so...

Reply 2

AzimH

5

Btw a lot of Asians tend to stay with parents that's why Imentioned it lol xD

Reply 3

choc biscuit

4

Original post by AzimH

Yes of course, I'm Asian so...

Your future wife might have something to say about that...

Reply 4

AzimH

5

Original post by choc biscuit

Your future wife might have something to say about that...

Haha of course I'll move out as soon as I get married. For now tho, I will have to casually enjoy sharing a house and eating curry everyday.

Reply 5

Hevachan

15

Is the student accomodation £1000 a month? o.o how do any students manage that?

Student loans

loans

I'm going to have to move out of London, can't afford a house here nowadays days

Reply 9

abcd1230

8

Just to clear up:
Is this student accommodation or general housing?

Reply 10

Jamiesonn

14

I'm planning to stay at my parents house after Uni until I can afford my own place. How long that will take I do not know

Reply 11

DIN-NARYU-FARORE

OP

17

Im talking about after graduation....when you get a job

Reply 12

DIN-NARYU-FARORE

OP

17

Original post by abcd1230

Just to clear up:
Is this student accommodation or general housing?

general housing

Reply 13

vis break

3

Original post by AzimH

Haha of course I'll move out as soon as I get married. For now tho, I will have to casually enjoy sharing a house and eating curry everyday.

dw bb I dont mind living with ur parents. will they giv me an allowance too?

Reply 14

DIN-NARYU-FARORE

OP

17

Original post by Jamiesonn

I'm planning to stay at my parents house after Uni until I can afford my own place. How long that will take I do not know

Looking at the latest news that could take years...Decades if you're not in the right field

Reply 15

billydisco

3

and this is why allowing more people in to the country isn't a smart idea....

Reply 16

Castro Saint

18

I'm a student at the moment but once I've finished my degree... yep, back to mum and dads, basically. :L

Ofcourse

Original post by DIN-NARYU-FARORE

The Housing Crisis is ridiculous. We are not going to be able to afford to buy homes. However paying 1000+ a month for rent alone is high street robbery. for those who also think this is simply too much but really want to stay in london for jobs, nightlife etc what will you do?

Stay at mum and dads forever?

PS this is for aimed at those who have graduated and are trying to get a job/start a career. Also aimed at anyone seeking to start a life in london after graduating

lol not forever

Reply 19

stargirl63

17

Original post by DIN-NARYU-FARORE

The Housing Crisis is ridiculous. We are not going to be able to afford to buy homes. However paying 1000+ a month for rent alone is high street robbery. for those who also think this is simply too much but really want to stay in london for jobs, nightlife etc what will you do?

Stay at mum and dads forever?

PS this is for aimed at those who have graduated and are trying to get a job/start a career. Also aimed at anyone seeking to start a life in london after graduating

It seems that the UK is moving towards renting, just like a number of European countries.

I think the higher priced houses are for those who can actually afford it. There's nothing wrong with living in London suburbs for £500 a month and commuting.

Graduates need to SAVE their money. Even things like parents asking for rent (which I know a lot of families who do this), is just a waste of money..Save everything, so you can use it as your down payment. If you save up £10k yourself over about 5 years after graduating, you would be around 26ish....and get share a mortgage with your partner ...there's your 20k deposit there. It's hard yes..but it's not impossible. You can get a house with a partner, before the age of 30, if you think about it. But you might need to prepare yourself for not having any spending money.

Londoners, will you simply stay at Mum and Dad's?

Quick Reply

Latest

Trending

Trending

Articles for you