Any hope for young buyers?

Do you think home ownership will ever get more affordable?

Do you think home ownership will ever get more affordable?

Houses are affordable.... If you are prepared not to live round the corner from your parents and have a professional paying job with a partner who also has a professional job.

The opportunity for singletons to buy ended years ago.

No, my son bought a house two years ago.

Of course. There are the odd spots around the country where no one particularly wants to live where you can buy houses for a song or equally there are pretty well of singletons whose criteria fit the market where they are looking to buy. But they are in the minority. Most singletons can't afford to buy or rent a place of their own sadly.

There was a really sad article in the Manchester Evening News last year or so stating that there was no where in the whole of Manchester including the really awful areas like Harpurhey and bad lands of Oldham where you could rent a 2 bed flat / house for less than £650 a month!

It's in the south east in a decent area .. he saved and lived at home for three years after uni

Do you think home ownership will ever get more affordable?

Houses are affordable.... If you are prepared not to live round the corner from your parents and have a professional paying job with a partner who also has a professional job.

The opportunity for singletons to buy ended years ago.

I brought a house all by myself 4 years ago.

Well done. I know it can be done.

Then why did you put "The opportunity for singletons to buy ended years ago."

Lots of young people need to accept they simply can't afford to buy in London. You'd think that was obvious but we keep coming back to it.

I think some (not all) young people have high expectations.
A few people i work with wanted new builds (which seem to be expensive near me anyway), or big houses which were pretty pricey. Whereas i brought something more modest (a 2 bed terraced). But some people seem to turn their noses up at them for some reason.

But the problem now extends far beyond London & the UKs other major cities and this is adversely affecting so many childfree average earning uk citizens aged 45+.
So many regions of England and Northern Ireland now lack of relatively affordable residential properties available for the average earner.
Bangor (County Down), Belfast, Berkshire, Brighton, Buckinghamshire, Cornwall, Dorset, Essex, Hastings, Kent, Leicestershire, Winchester.

Since covid and Truss, there are also much fewer opportunities for ordinary British first time buyers & most other non-property professional people who are not cash buyers and are looking to buy a property to live in that needs them to be funding the purchase via finance deals covering up to 70%- 100% of the purchase price.

A few people i work with wanted new builds (which seem to be expensive near me anyway), or big houses which were pretty pricey. Whereas i brought something more modest (a 2 bed terraced). But some people seem to turn their noses up at them for some reason.