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Well it seems pointless working these days?
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<blockquote data-quote="revjames" data-source="post: 527366" data-attributes="member: 5256"><p>I hear this argument a lot.... I bought my first house in 1983 for 9.5K seems cheap but it was a run down doer upper in a poor street and I had to save up for a 5% deposit. Interest rates were in double figures and the house was unheated apart from a coal fire and a HW cyl with immersion. No fitted kitchen, white goods, carpets etc. Made it as good as we could painting and decorating and had family hand me downs for furniture. Also worth mentioning there were no tax credits etc. It was hard but we were determined. </p><p></p><p>Todays first time buyers have high expectations, they don't want a dooer upper, they want brand new with all the appliances etc, also a brand new car on HP and all the latest phones and gadgetry. I know prices are high but we all have to start somewhere. Interest rates historically low too. Maybe I'm just an old fart boomer who knows nothing about todays situation. Things have changed we struggled then and people struggle now, maybe a bit differently.</p></blockquote><p></p>
[QUOTE="revjames, post: 527366, member: 5256"] I hear this argument a lot.... I bought my first house in 1983 for 9.5K seems cheap but it was a run down doer upper in a poor street and I had to save up for a 5% deposit. Interest rates were in double figures and the house was unheated apart from a coal fire and a HW cyl with immersion. No fitted kitchen, white goods, carpets etc. Made it as good as we could painting and decorating and had family hand me downs for furniture. Also worth mentioning there were no tax credits etc. It was hard but we were determined. Todays first time buyers have high expectations, they don't want a dooer upper, they want brand new with all the appliances etc, also a brand new car on HP and all the latest phones and gadgetry. I know prices are high but we all have to start somewhere. Interest rates historically low too. Maybe I'm just an old fart boomer who knows nothing about todays situation. Things have changed we struggled then and people struggle now, maybe a bit differently. [/QUOTE]
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