House price gravy train may have hit the buffers

Many of the younger generation expect to be able to do all that and more, own a property, a nice car, all from their early 20s. Then, when they realise they can't have it all from day one, it's the fault of government, society etc.
It can be done though, ny nephew bought a house with his girlfriend think it was 200k ish, they saved every penny for a few years....they've done well.
 
It is true, but to add some perspective Tattoos and Glastonbury are the only things I can see that were available to me in the 70's.
Does 'George' count as designer clothing?

We must have very different acquaintance groups then as, with me having two kids under 24 and therefore knowing dozens of similarly-aged of their mates, I don't know any who lead that lifestyle.

And I don't read the Wail, nor watch GeeBeebies.
 
Why more and more young people can't afford to buy a house:
View attachment 415094

That chart is not adjusted for inflation. By that, I mean real inflation, which is the printing of money. Houses cost a lot of money because the government has been printing lots of money! Plus they have brought in 20 million or so extra people, and have given them all the extra printed money to spend on buying houses!

It wasn't always like this.
 
It can be done though
No one is saying it isn't, as long as they live with and off, mom and dad.

If anyone for one second imagines house prices are more in reach for young people today as they were for the easy life pensioners of today, they are deluded.

People that have retired over the the last 15-20 years have never had a period of life better. FACT.
 
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