Excellent post OP....thank you for pointing this out so clearly. Very scary situation.
reply to post by NeoSpace
You're not a loser...you're being practical, and making the right choice. There is no point in getting all stressed out and in debt over somewhere
to live. Living costs are a total nightmare now...so much worse than even 20 years ago. Recetly, I found an old payslip of mine from 1989, and what a
shock I got. I thought at the time I was struggling, but now when I look at it, I was living the life of bloody Reilly. I took home about 700 a month,
working full time in a gallery, and my mortgage.....yes...I actually bought my own place on that salary....was about 100 a month. Add a few things
like rates and electricity and even then, easily half my income was disposable.
Now, thanks to several decades of long long hours, and the fact that I don't have kids, but do have a partner, I can afford to work part time, but
only because I moved out of the city and have a much much cheaper place to live out in the sticks. Not for everyone, I understand, but if you can, and
there is work available, and maybe you have someone to share with, a relocation to somewhere less urban and cheaper, might provide some solution. Much
better quality of life here too.
The property boom in the last two decades has changed the market so much, and made it completely unaffordable for most people, which is really sad.
Huge mortgages, big salaries, a very competitive market all resulted in an unsustainable property bubble, at a time when we need more housing, not
less. I feel so much for young single people...what the hell are you supposed to do on minimum wage that covers almost nothing? 90% of your income on
rent and council tax? What the hell kind of life is that? I would call it slavery actually. Apart from the minimum wage issue, we also need to look at
affordable urban housing as a matter of urgency, small decently built, easily affordable, social housing for young people, or single people, or small
We all are born here with no choice in the matter. We also have no choice in having to pay for every damn thing that we need to survive...everything.
Something about that "agreement" strikes me as terribly wrong. There should be a default minimum housing option that costs very little and makes it
possible for people to live properly and work with some money left a the end of the month. And it would also boost the building trade if someone
created a solution to that one....so many little apartments to build, but I guess it doesn't suit big business to make it happen.