Where do your parents live?

Please, please don't give up.

Maybe buy a shaver to cut your hair yourself and a kettle to make your own coffee?

A train twice a week costs you 21k a year?

Mass immigration is the main cause for the downfall of the UK. I'm leaving here once I graduate.

And the older generations wonder why we despise them

What awful parents

In India, parents want us to live with them throughout their life. Even after marriage, we all live together in one big house. Life in India is far easy I think, even if you earn less you can still live a good life.

@@shauryasharma7647 Wife, MIL, and then other women in the house. It becomes a nightmare. 2 women can never live under the same roof.

I’m so sorry they’re narcissistic and horrible. Hope you’re ok rn. Keep fighting!!! My dad is a millionaire and I’m a nurse living with my mom. Not complaining as things could be worse but I def understand the feeling of having a rich parent and them not giving a damn about your issues. God speed.

Predicting the housing market in 2023 is challenging because it remains uncertain how swiftly and to what extent the Federal Reserve can reduce cost surge and borrowing costs without negatively impacting buyer demand for various assets, including homes and automobiles.

Indeed, diversifying a $380,000 portfolio across various markets with guidance from an investment coach has proven fruitful. You've managed to generate a net profit of over $790,000 through high dividend yield stocks, ETFs, and bonds. That's an impressive achievement.

Can you suggest the investment coach you've been using? It appears you've had success with their guidance.

My advisor, Stacey Lee Decker, is a highly qualified and experienced professional in the financial market. She possesses extensive expertise in portfolio diversification and is widely recognized as an expert in her field. With her years of experience, she proves to be a valuable resource for anyone seeking guidance in navigating the financial market.

same story in China

seems a good idea to me.

Good idea! Also stronger family bonds.

Stimes isnt possible and u end up in street like I did with severe covid..my life is over and ruined

Yeah... my family's cultural background doesn't frown upon living with parents so you get to grow up with your family and the environment you have can add a lot of meaningful moments to your life. Bottom line is - it's not a good thing to be someone who just decides to up and leave when things get difficult, I think (from experience) working to patch up relationships is better not just financially but psychologically. Of course there are cases where family members are unsafe to be around but in reality I don't hear or see much on trying to make an effort to make what they already have work better...

I just moved back home and am in my late 30's. I've been on my own for the most part since I was 18 though. Decided to rent my home out and stay with family to go to school for 2 years to change jobs. I've also developed health problems since the pandemic...whole world has been turned upside down, but I know I can't give up

Don't blame you it is getting worse and worse here.

What’s holding you here? Serious question! There are lots of affordable countries in Europe, with better quality of life, so what made you select UK from all the options?

@@Deedeevenice it's not easy to just pack up everything and just jump into another culture

​@@ayme5868 Definitely harder since Brexit but not impossible

For Britons especially with the Brexit, options are slimming.

I agree with you 100%

Greetings beckoning you from London England Great Britain 🇬🇧

Yeah but you have to live in Canada

@@hmq9052 Canada is a much better place to live than the U.K.

@@bid84 It's subjective. Silly man

Yes, but here is the kicker. The rate rises mean that the costs to LL went up 200+%.

@@nauxsi That rise is insane. Also, it's fucking Slough! It's not like it's Zone 2 or 3 London! Jesus! @nauxsi - if you think that is in any way reasonable, you're on some strong crack!

​@@doct0rnic0 It's not ideal. I think the government have made the situation and we're all paying for it.

Slough? Jesus christ. I'm in a shared house in Zone 3, and we're paying £3k split between 4. Having to move out soon and dreading how I'm gonna be able to afford anything on my income 😢

​@@Fredreegz Sorry to hear that this is happening to you, rent is going up insane in the UK and other countries. Renters in Australia are having their rent go up by either $100 or more due to landlords trying to get more money before the new law is passed and in place.

the insanity is why not more people live with their parent if that mean you can save more money on renting and invest more on actually buying one

@@skellurip depends what your relationship to your parents is

@@Thedarkknight2244 landlord and tenant

@@Thedarkknight2244 yeah true, in my case I got more for my money moving out. My dad was charging me way too much. I'm his son, and yet he treated me like a tenant. Screw that! it's why I moved out. I'd never do that if I had kids. Only expect them to pay their share of the bills and maybe food. I would allow them to stay as long as they like, unlike my dad who is greedy, I would actually want my potential kids to flourish in life!

@Skelleton Man My parents are homeless and so am I. Your point is?

I used to pay more like 60/70% on a low wage job working silly hours. Left the country 4 years ago best decision ever.

@@mimilovinglife4544 Where did you move?

Agree. Right now my rent is 65% travel 15% food 10% phone, TV netflix/ Amazon 5% literally just break even every month, can't afford to do anything at all.... Really want to make enough online and then move t I Bali or Thailand where I can actually live a little.

Try 80% in San Francisco, California Rent rose from $1,500 to $9400

Actually, a third, 40 or 50 percent spent on housing is not uncommon in the rest of the world. It depends if you can live off the other percentage. I Can.

So if your salary was out of step with the standard for your job, and your boss offered to increase it to match the going rate, would you refuse because you're 'not greedy'? Or how about you decide to sell your car, but instead of selling it for the going rate, you choose to discount it heavily so as not to be 'greedy'?

it's not even legal. CPI + 1% is what's legal. this is TV bs

I agree with you and I believe that Professionals are currently dominating the market since they have access to both the necessary strategy for making money in this industry.

That's awesome to hear. I invested 5k in Robin hood about a year ago and it steadily went down, now my portfolio is down to $800. I don't know what to do and i am in between jobs

@@Florencecoxx Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances.

I’m Glad i stumbled on this. Please, if its not too much of a hassle for you, can you drop the details of the expertise that assisted you and how to get in touch.

@@Florencecoxx I get guidance from *Sarah Alma Martinez* Most likely, the internet should have her basic info..

This is what is needed in the instead of the capitalist free for all wild west that's been going on here for over a decade.

You damn socialists! ;-)

That's fantastic and just how it should be. Good for Sweden 🇸🇪

I think you are not being truthful. I am a Swede and before I sold my apartment, I got more than 50 people wanting to rent within an hour of me advertising it. I could charge anything I wanted. Yes there is rent control but there is also a huge black market.

The same thing will happen in Sweden if the rate of immigration keeps up, Britain has had Swedish rates of immigration for 2 decades whereas Sweden has been going strong like this since only around 2014, eventually you will run put of houses to home people and the same issues will arise there

I've worked with several Eastern Europeans who've done that.

So why bother then, sounds like not worth staying in the UK anymore. One reason why so many Europeans are now leaving the UK.

Another mistake people make is the fact that they get so attached to/ in their country when they can move to cheaper countries even be able to afford to buy a house and live comfortably enjoying their lives

Any Polish town recommendations? I might do the same.

@@0u73rh34v3n literally anywhere is manyfold cheaper than the UK, except maybe tourist hotspots like Zakopane

Unfortunately, most landlords don’t act like you.

You will do well in life!

You are the hero mate.

God bless you 😊

I would rather rent my house at £1200 amonth, £200 below market and give someone whos a good tenant, a break. It still does me okay.

People shouldn't have to though. Not everyone has a good relationship with their parents. Sometimes people simply don't want to live back in their hometowns because in a lot of cases, their hometowns are total pits of misery, which is why they moved away in the first place. Do you know how soul destroying it is to finally move away from a place like that only to end up back in it? Because I do. It's been my life for the past 5 years.

Bunch of losers who failed to launch.

Unless you have abusive parents and are denied to use even their kitchen or bathroom to bathe. Not everyone has a cherishing household. Please educate yourself.

​@@EmilyGloeggler7984damn not everyone grew up unloved, simmer down

That's one thing I'll never do. I joined the military at 18 and never looked back. Best thing I ever did. Been completely independent ever since.

If we increased rent according to inflation then tenants really would be in trouble. The problem has come to a head due to increased interest rates which has been done to combat that inflation and also the change in section 24 tax, which means landlords can't offset all (only 20%) of their "interest only" mortgage. In other words the "interest only" mortgage cost for a landlord is being seen as an 80% profit and something that should be taxable. This isn't done in any other business and means that landlords who were only getting a pretty slim profit on a standard buy to let property, will now be making a significant loss. From a landlord's perspective you now either sell the property, or you put the rent up and both of those outcomes are currently happening. For my tenants I provide bills inclusive and the cost of utilities has gone absolutely mad, but I'm trying to limit the increases for my existing tenants, but for new tenants increasing to market rates. In terms of tenant's rights this has already changed in Wales & this will act to drive more landlords out of the market & put new ones off from entering. The new tenancy agreement is 42 pages long and by default landlords are supposed to provide a hardcopy for tenants! Section 21 (which is no fault eviction) has been removed, which previously gave the landlord some certainty that they could get possession of their property back should they be dealing with a difficult tenant and tenants now have a minimum 12 month term. What this means is that landlords are looking for increased certainty, so they're asking for 12 months rent in advance, they're asking for guarantors who own their own properties and this means that tenants who aren't able to meet this high bar are then excluded from the list. The tenant/landlord relationship is a delicate balance & it's currently out of wack due to market conditions, government taxation and lack of supply. In my area it's now over regulated, which is making the situation for new would be tenants even worse. From my perspective where I previously would have taken a risk by taking on a tenant who maybe doesn't have good credit history, or they're in an unstable job, or they're in a precarious financial position, or they're sofa surfing - now I will take no risks at all because I know it will be nearly impossible to evict that tenant unless I go to court. This is the unintended consequences on increased regulation, it takes the discretion away from landlords where previously they could have given the benefit of the doubt and treated people on an individual basis.

And greedy British landlords

@@patrickcannell2258 Well read my reply above, most landlords make next to nothing on a monthly basis and are dependent on the property's capital appreciation to pay for their pension in later life. These are the types of people that the rental market needs and writing them off as "greedy British landlords" is a massive over simplification.

you not a landlord,,,,you are pimping people,,milking cows,,go find a job en work onest ens top explotation poor people

Yes but you also don't have thousands of immigrants arriving every week to Norway.

Living with your mom and dad as a privilege...

@@felixthecat2786 for people who don't have parents, yes it is.

@@felixthecat2786 yes I know, but between that and homelessness- it really is a privilege

I and both of my siblings rebounded back home several times in our early adulthood. Two of us went on to become millionaires. It's a wonderful thing to have a home to return to when needed and there's nothing wrong with it. We were aware of how lucky we were.

I don't get this stupid mentality of staying with parents is a bad thing. It doesn't make someone less of an adult. As matter it would be silly to leave a home to move into some overpriced rented place. When that money could be used for one's own parents

They haven’t got the drive to pack up and move, it’s easier for them to be bitter and resentful

​@@dentistry42people shouldn't have to pack up their life and move far away from their family and close friends. All that causes is loneliness and then cause cause depression within a lot of people. Why should people feel like they need to move to a different part of the country to just get by in life.

@@elizabethermakova9479 That’s a typical view of the entitled generation. My friend had to move from Surrey to Lincolnshire to get a house she could afford, I bought a house on the Isle of Wight because it was cheaper, you live somewhere expensive because your parents probably worked their arses off to get there. My parents moved from the north of England and left everything behind because there was no work there. Move, or just stay put and whine

@@elizabethermakova9479 Because life is not fair. Get used to it, snowflake.

@@dentistry42​​⁠​⁠same entitled generation dealing with pittance on the pound for wage inflation liz is right why put all this defense into the idea that people shouldnt have a happy life over making a profit

Move out of London you are not 20 anymore no point in sitting if you dont have a house or you do not make 50k per year.

@@edvinaspetrauskas7594 Life isn't that simple. It's the same issue moving out of London. Not enough rental properties, especially those that accept/ are suitable for pets. Lower salaries out of London. It's a no win no win regardless. I upped my whole life to move to London 2 years ago, I'm not about to throw it all away.

Come to America.

​@@Jesus_Saves_Believersits just as bad here. Worse in many places.

go live with your parents, buddy.

Totally agree mate, affordability criteria is a joke, the ordinary folk has no chance

Valid point but the problem is that most people who rent don’t have savings or an emergency fund. When you rent the landlord will usually cover things like the boiler breaking or general maintenance. Should this happen with your own home, most will fall into even more debt and possibly arrears

That's cause interest rates change and it won't always be a £700 mortgage

As asian.its so weird to me that you need to move out of you parents house when you're 18 in the West.

@@aikogiron3449 You don't. He's talking rubbish. I can't ever remember hearing of anybody being ashamed of it.

I'm Greek. Living with family until we get married. Great idea!!!!!

Migrate to Nigeria and thank me later 👍👌💯

My son lived at home till 26. Then I said, Time to leave the nest, son, and FLY...FLY son! Such is the natural order of all life...

Exactly, great move! People just stay in their shitty situations and complain without working to make a change.

Can I ask how much you're paying/kind of property?

Last time in was in London in 2011,how much are rents there now ?

Im 28 and make a converted £92k/$112k. No debt, just my doggo. What do you think my situation would be if i moved to London?

@@djm2189 Net or Gross?

I rented a room in London in 1994, and that was like auditions then, too. I hated it, it took me a while and ended up in a grotty ground floor room with badly fitting sash windows facing a main road, which made me very ill. Never again.

The entire system is for the poor to fail and the rich to succeed

So true you can’t win

Predicting the housing market in 2023 is challenging because it remains uncertain how swiftly and to what extent the Federal Reserve can reduce cost surge and borrowing costs without negatively impacting buyer demand for various assets, including homes and automobiles.

Consider reallocating from real estate to stocks. Severe recessions offer market buying opportunities with caution, as volatility can yield short-term trading prospects. Not financial advice, but it may be wise to invest, as cash isn't ideal in this period.

Indeed, diversifying a $380,000 portfolio across various markets with guidance from an investment coach has proven fruitful. You've managed to generate a net profit of over $790,000 through high dividend yield stocks, ETFs, and bonds. That's an impressive achievement.

Can you suggest the investment coach you've been using? It appears you've had success with their guidance.

My advisor, Stacey Lee Decker, is a highly qualified and experienced professional in the financial market. She possesses extensive expertise in portfolio diversification and is widely recognised as an expert in her field. I suggest conducting further research into her credentials. With her years of experience, she proves to be a valuable resource for anyone seeking guidance in navigating the financial market.

no no no.. let me teach you.. the reason is that government can create money as it wishes

Since a dollar is a bundle of waste paper, people are looking for ways to save capital@@paske2001

Perhaps only China in the world has punctured the balloon, and housing prices have plummeted.

It's more sinister than even that. It's the WEF and how we will own nothing and be happy.

Probably the illuminati with their filthy claws in everything manipulating everything from behind the scenes also.

Agreed. Everyone having their own place to live in unrealistic, unless you cut the population. People are already having much fewer kids so nature is obviously taking its course.

If he’s 41 and living at home for 20+ years of his working life he should be able to afford a small flat on his own in an affordable area (May have the commute)

Very well-said. Things are returning to how they used to be.

Nothing better than a happy smiling family with a community behind it

@@ausboy2281 You don't know how long he's been working, nor how much he earns. He might not be able to afford to buy or rent.

It's in the news Japan has over a million empty homes that the government is selling off for cheap prices. People dying off and a lower population leaving empty houses. But Japan is not big on immigration I guess unless someone gets a job there?

Are you doing the 'Live in Yokohama, Work in Tōkyō' method? I'd imagine its a lot more cost effective.

Yes but you may live far away from elderly parents

@@samthepoet107 The reason for this is that the Japanese government made sure that everything was fair in life for everyone i.e. housing, healthcare, food, education must be cheap and fair as people require these for survival. The inheritance tax is 55% for housing and redeveloping the same house is not worth the cost hence the reason why houses are empty thus allowing people to own an affordable house. Healthcare, the Japanese people must see a doctor even for a cough, as they are encouraged to do this and with a population size double of the UK, since the UK struggles with its healthcare where people blame the immigrants, I know as I'm a UK national, the Japanese healthcare has no issues where its paid for or ppaid by the government and unlike in USA and UK where private healthcare is super expensive, the Japanese government made sure that the practice of charging obscene prices for healthcare don't take place and the same goes for food etc. Japan may have its flaws, but their culture where humans needs everything affordable to live is exemplary for the rest of the world and the reason this happens in the western world because the people allowed its government i.e. UK/USA corrupt governments to do this to them and the culture in it's self is very low when compared to the eastern culture.

Do you have a problem with immigration in England???? You are a immigrant in Japan

Sir. Can I get some of your opinion about s korea's future?

@@user-oj5gp7qg1t North or South?

nah you are the goat for this

people who see the future make millions,a bearer of bad news is ostracized, nothing new with greed.

That's like saying "don't eat food to teach those big food corporations a lesson". We need food! And we also need a place where we can live our lives the way we want. Living with your parents is not fun for most people.

How are children meant to have their own kids if they're living at home?

My parents are more abusive than my landlord

@@hellokaumea8315 These ideas are general, of course. Cooperation may not be possible due to different reasons. I wish you and everyone the best 🙏

This news story isn't telling everything They are looking at the most expensive part of town. Literally nowhere in the UK charges 3 grand a month for 1 room. I rent flats for less than £500 per month up north.

Nightmare 😶

This is conservative Britain!

@@truth.speaker A bit of Good old-fashioned gentrification. Never makes anything worse. 🙄

@@truth.speaker The demand is higher in the South East than the North, because the South East is where all the main job opportunities are. While I would certainly agree that the UK must sort out regional inequality problem, it should also deal with the housing crisis that is far worse in and around London. The sollution in my view is mid rise (5/6 floors) social housing let out by the government at very small profit rates or break even rates. If there's an abundance of housing let out at a lower rate, there's no way a landlord can exploit somone by charging extortionate rates.

Easy solution is to limit immigrants, who jack up prices and compete for jobs.

Hopefully not for long. It's time the people stood up for themselves and actually did something. If even the middle class can't afford to live comfortably something has to change.

@@boyo7918 I completely agree, but I feel we're more concerned with fighting for LGBTQ and race equality than we are with repelling the worsening economic hardships.

You need to scare your politicians and bully them into building more houses. Otherwise, the red tape they put up to prevent building more houses in the first place will never happen.

@@jdbruiserso true. While economy is going down, people and media still focusing on those things.

Big corporations make renting business a totally different sport. They squeeze every last available penny.

In Europe renting is more standard and accepted than in the UK. Property ladder term implies opportunity. Buying power is bound to increase over time after all you are making more and more payments. The earlier you start the better.

Property should never have been a means to making a profit. I blame the government. When someone makes a profit it means someone else has to make a loss.

@@emrankhanlearnwithme4474 It also mean that those who owns propety will do everything their power to make sure no new ones gets built because that could lower the value of theirs

@@tpeterson9140 yes i can believe that.

@@emrankhanlearnwithme4474 Just because someone sells something for more than they paid for it doesn't mean it's a profit. Your tiny mind probably doesn't understand the concept of inflation, having to pay insurances, having to pay maintenance on your property or the way a mortgage works is you pay more than the initial price in the end. It's called interest, maybe you should educate yourself on what it costs to own a house and have a mortgage.

I'm surprised the council didn't provide you with a hotel room immediately. How long did it take before the council gave you a hotel room ?

@@truth.speaker Eventually, I was put in emergency accommodation then a hostel, but the hostel was so bad, so hopeless, and so dangerous, I decided for my own safety and sanity to go back out on the streets. The hostel had nearly 100 people in it who like me all had serious trauma, were literally all addicts (well, I never met one who wasn't), living in such appalling circumstances that suicide attempts and overdoses and deaths were a regular feature of daily life. After that I was put in more and more small and inadequate B&B rooms that had no cooking facilities and were miles away from Brighton where all my support services were, so I would again and again abandon them and go back to the streets in Brighton. Eventually I got into a more suitable hostel and then rehab, so that was the beginning of my recovery. The problem with the council is that they take no account of your social and psychological circumstances, and routinely offer totally unsuitable placements that people can't endure. I said 'please, don't offer me a B&B in Eastbourne because I can't be so far away from support, and if I refuse then you will call me intentionally homeless and not offer me another place'. The housing officer said 'OK, I understand', and disappeared for a few minutes, returning with a letter. It was an offer for a place in Eastbourne with the caution that if I didn't take it I was intentionally homeless. If it wasn't for the intervention of mental health services, I'd still be on the streets now. This is why so many homeless people give up trying to get housed and spend 30 odd years on the streets, many not even claiming benefits. Their lives involve nothing but going to the free food places and the soup kitchens, waiting for death. I don't think we can truly understand this society without understanding the true stories like these - homelessness, addiction, mental illness, criminality - the repeating pattern I discover in such stories is life trauma, almost always unparalleled childhood trauma. I was utterly shocked in rehab when over half of the people there revealed that they had been sexually abused as kids, three of them being men, two of whom were straight. About 80% had been street homeless too. But we never seek to understand the actuality behind these social labels: we never study social reality, by which I mean the real lives and real stories that are only ever understood macroscopically as the social problems that emerge. Really, all childhood trauma is social trauma, because in a good society there would be water-tight mechanisms to ensure the wellbeing and safety of all children, all families, and all citizens. Compare us to Finland who are ranked the happiest nation on Earth - free healthcare, free education, a sound safety net, and if you fancy quitting your job in order to take some time out, or to travel a bit, or to eat pizza in front of the TV for a while, you get benefits! And they wouldn't change their system for the world. There's good UKposts videos on this. Sorry! Can't restrain myself today.

no matter where someone sends a person, if they are offered a roof over their head id says its probably best to take it. even if further away from your usual services, there are always still emergency lines that can be called from any location to access emergency services that are available within the area where the emergency accommodation is. the risks are too much on the streets, with unpredictable weather, animal hazards, people hazards etc. overall though, I think there needs to be changes to the Housing Act

@@markohenry5891 Immigration is another problem caused by human trauma and nationalistic societies who are irresponsible when it comes to the problems of the world. If we care only about ourselves the rising tide of problems will eventually come knocking at our door. That is not just a statement about nations but about people. We never cared about poverty when it was other people's children. We never cared about the migrant child washed up on the shore because again, it was someone else's child, not even a British child. Thus, we make our own graves and cling to a way of life that has cost us the Earth and all our children's futures. This is who we are. We're beginning to wake up, but we may be waking up to the realization that it is far, far too late. Perhaps the experience of homelessness will prepare us better for what's coming then the lifelong comfort and stability.

@@zcharged8294 That's a judgement. And it's easy to assume homeless people lack judgement, but I did a degree and a masters, and did well at them: I've had a good job: I venture to suggest my judgement is good as the next person - and I shouldn't have to offer my credentials in order to affirm that point. Homeless people are not homeless because they lack judgement. In a way, they are homeless because they lack understanding, and I'm afraid to say the chief reason we don't understand the realities behind labels like homelessness, addiction and so forth is because we so easily judge prior to investigation, thinking we already know, and consciously or unconsciously, we assume that these categories point not to human beings like you, but to unreliable narrators. As long as we have this attitude, we will never understand the problems that lead to homelessness, addiction, criminality, insanity and so forth.

Especially when you no what’s happening is fraud. Those rents are absolutely obscene. It’s a Ponzi scheme.

Yes ! And I’m so many eastern countries they think it’s crazy that we move out in the west. Even when married they stay with parents to take care of them etc.

I’m African and I’m expected to stay with my family for as long as I want and I can also move out whenever. There’s no pressure to be independent because our culture promotes family values.

@@starlightgirl8863 I love this ! I moved out around age 19 as I was in a different county in Ireland for college and now. I’m 29 and I regret leaving home early. Because I feel I could have helped my parents out more and learned more from them. Young me wanted to leave and be “mature “ 😂 African culture is so vast and amazing !

Well said. Stay living with parents, you may have to look after them when elderly

a financial crisis

its pretty unbearable in texas. minimum wage is 7.25. cant afford to live

No its definitely unbearable

do you understand anything about ecomomics at all? Your governments have devalued your currency - the local response to the increase in prices - is where the rhetoric meets reality. your political class have been off in a battle of ideological wills - meanwhile Rome burns

Nothing will happen to those companies because we keep buying their goods.

The thing that should be controlled is foreign buyers using housing as a profit . But unfortunately the U.K. is now very high in corruption. So much so I’m selling up and getting out. Country is a mess .

Its crazy high here in the US

Vote reform uk

@@moixyplayz848 all votes are f*cked U won’t ever see change it’s completely controlled and the population too d*mb to see it Backwards britain

So what, your solution is to take away these people's property? Because they had the "audacity" to inherit it? Instead of that, you could replace tyour thieving tendencies and get rid of illegal immigrants from your country. This would really unclog the housing market without resorting to bolshevik methods.

Canadian real estate and rent is out of control. I spent most of my 20's saving for a home only to be pushed out in my early 30's from buying because suddenly houses were $50k, $75k, $100k over asking price, then in a few years they all doubled, tripled or more in price. When I was making $30/h and with a massive down payment I wouldn't qualify for a mortgage. I gave up on home ownership, gave up on the idea of having a family or getting married....now its just survival and trying not to fall into a pit of depression

The only issue is the van is a depreciating asset and you'll probably need to buy another one down the road. But....I bet lifestyle is way better. :)

⁠@@MrJpmcmenaminit may be depreciating but if let’s say you make 20k a year and the van that cost 10k would last for 3 years. That’s a good solid 30k profit, enough for a down payment on a house. It would be a hard life, but those who are introverted by nature will find this a walk in the park as they are more solitude types. Still not ideal.

What about van maintenance costs? No decent van big enough to live for under 15k thats in good condition with low Mileage. What happens when the Van stops working. What about freezing cold winters?

Pay to maintain it and insulate your van correctly​@@sphenoidjjj

@@sphenoidjjj Living in a van is cheaper than you think. A friend of mine is living in Bristol in a LWB Transit van that cost her £3500. There is a chap nearby that does any maintenance for only £15 an hour.

Here in The Netherlands the same, there are different ways one can get a rental house. IF one makes less then a certain amount they depend on SOCIAL RENT programs. Sounds horrible but is it? It just means that certain apartments and houses are reserved for SOCIAL renters. They also work with the same POINT system, how better apartment/house how higher the potential allowed rent. Mine is not cheap but it is modern enough that my energy bill is very low. So worth it!

That's because despite no country escaping neoliberalism entirely, you remained a broadly social democratic country, whereas we sadly didn't.

I don’t see how that makes any sense. No one is stopping my local car dealer from charging 50k over sticker for a new car. The government has no business telling me what I can charge for my property. Everything is expensive mortgages, insurance, repairs ect… it really gets me going when tenets complain about things when they have no idea how things work on the other side. Inflation sucks and I’m sorry but your land lord isn’t responsible and may even be feeling it worse than you. Managing 25-30 rental property’s can become a nightmare fast.

@@MasticinaAkicta That's just too much commons sense for the stupid UK which loves to screw over its people. These people voted in these useless uncaring unintelligent politicians so we know who is to blame, its the general public.

@@MasticinaAkicta 8

This mentality is so healthy. I'm so glad you understand that we need to help each other out in this world if we ever plan an making it worth our stay. I hate the idea of completely disconnecting from family at 18. It's so cold.

But do you still have the lifetime mortgage over in Germany? In the UK it's limited to a maximum 25 years.

@@tonyhaynes9080 yes we do. It’s finally now keeping people from buying houses and you can see a slow dip in the prices of single family homes but really slow.

@@Com-bc6jl Its an incredible toxic thing to do. Why have kids when you want to get rid of them as soon as legally possible. Those that throw their kids out at 18, are the ones that than complain that no one visits them in the retirement home. And I won't allow for the excuse "they need to learn to pay the bills and be independent". If you as a parent did not teach your kids that, you failed as a parent miserably. My parents taught me the concept of bills and responsibility at the age of 10. When I moved out to my own place, I was not suddenly suprised that rent and energy is something you actually have to pay for, and food is something you actually have to cook. If you 18 year old does not know any of that, I'm looking at you, dear parents.

@@kamilareeder1493 That makes no sense. If she struggles with rent, she should encourage you to find some job that can help support the costs, but not throw you out.

All big corps are just a cohort of centralised system working together, and any damage to one can have a dangerous ripple effect on every other one. I learned a long time ago to not trust corporations. Most of my money is in the stock market and my businesses. I keep only what I need to spend in my checking account.

@@bernisejedeon5888 Iron-ically, these are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The banks are in a big crisis. The market looks very shaky. The bigger the red candles, the bigger the green ones. I have made over $ 280k in the last 4 months by invest ing through my F A.

@@user-hz8fm3dg6x My Financial Advisor is JEFFREY HAROLD STARR I found him on a CNBC interview where he was featured and reached out to him afterwards. he has since provide entry and exit points on the securities I focus on. You can run a quick online research with his name if you care for supervision

@@fresnaygermain8180 Thank you for this Pointer. It was easy to find your handler, he seems very proficient and flexible. I booked a call session with him.

Ace so the landlord was giving you a 30 percent discount allowing you to save up to buy! What a nice person!

@Tom Jones I know, I was so grateful. Thankfully, I paid their mortgage for 10 years.

1 3rd of My wage goes on renting a bedsit and had a damp and mold problem for over 10 yearsl

@@HOLLASOUNDS what’s changed with the way your landlord pays tax?

@@tomjones8715 I got a dehumidifier see if it works. Landlord is a housing association and they sent the detailed break down of what money goes where. Im an assured tenant and they have to go to court to evict Me. They no longer offer assured tenancy and most of the people in this block can be evicted at any time and they have to sighn a new tenancy agreement every year. That's why I'm not moving because I will loose My assured tenancy.

to be honest thats how the world use to be except the last few decades

😅

I wish I had parents to live with. In all honesty, I find it sad people can't enjoy living with their parents. Enjoy your parents while you have them

I would love to but my mum is a hoarder so it's either sacrifice a massive chunk of my wage or my mental health

@@chriswright6245i can relate to this, my mum can be pretty hostile.

Tell your daughters to make their own home. This means they should find a man and settle down. If they aren't too old yet that is...

@@catam9308 once my mum dies i think ill die tbh, nothing else in this world keeping me here

I sold my old home now renting.

buy less shoes and makup

Indian scammers driving the real estate prices up

@@indiancowpeedrinker9241 I knew one Indian guy he spent sometime on a student or tourist visa in Wales , his flatmate was a Lankan scammer who did cellphones.

@@GoldKingsMan 🤔

My dad just sold my childhood home for 1.2mil. They bought it for 185k in 1998.

@@sayyadinawitch 1998 was a great time to buy a home. Record low prices for the era. 2011-2013 was also good.

awwww poor you

@@ICEJosh1987 Did anyone ask for your pity? I'm saying I was very lucky.

@@norwegianblue2017 very true! Unfortunately my generation will not have that opportunity.

I think the house rent has to keep it up house selling market...people with money arriving in the city is normal. BUT if houses are not rising value and just the rent is rising...something is wrong. The government could intermediate the agency of rent to camuflaje the demand. Is some solution.

I'm in Canada we have the same problems no new rentals old rentals turned into condos a basic flat is over a 1000 quid if you can find one if you have three months up front and a credit card if you have references if you're not half indigenous and a man I've been living out of a car for twenty years now I'm a disabled 55 year old person now after working for 40 years my pension is 500 quid I will never be able to live inside ever again I will probably died 15 year younger than canadians if I lose my licence I'll probably died rather quickly we have no council housing and it gets pretty cold here

@@SigFigNewton yes it a western problem expecially in the English speaking countries I'm in Canada they've spent 40 year getting rid of older apartments turning them into condos not building new rentals making single residents bylaws it's over a 1000 quid if you can find an old one plus hydro if you have three months up front and a credit card I've been living out of a car for twenty years good luck bub it's bad all over just here it gets freaking cold

@@SigFigNewton Who is going to built the houses and where ? Too many humans that's the problem, overbreeding,uncontrolled immigration!

@@kyleklukas4808 meanwhile Japan has thousands of empty houses the government is selling for cheap. Low population and those dying off leave property empty.

Labour are banking on a housing crash when they get in, then allow tenants to buy the homes at discount.

I'm glad you don't feel bad about it. You are very fortunate.

Don't feel bad, mate. It's becoming a more and more common occurrence. Add on the energy costs and we basically have a situation where unless you have a VERY good job, it's practically impossible to rent AND save up for a deposit.

@@benghiskahn3673 I’d say 95% of those I know were gifted their deposits. Very few save up for a deposit, even less rent and save up I agree. It’s all a bit twisted and needs some levelling

Canada and Australia are also having the same problems!

Can't be that bad ? Spending nearly £ 6 million a day putting illegal immigrants in hotels.. Net Migration last year ; 500,000 . Why is there a shortage of flats..... ....dur..??

That's what happens when you let millions of foreigners come live here eh 😂👍🤡

I tell people go live in Texas 🌵

Students have such high standards these days. Student accommodation is like hotels. Was very different 20 years ago

Ever since Covid higher education students have been completely thrown under the bus with covid and the current economic climate, my final year of Acting school was completely stolen from me and yet I'm in debt for the same amount of money

@@tomwood555 sorry to hear that! I know of too many people in a similar situation. Hope things work themselves out for you!

Strange isn’t it…the Tory’s massively screw landlords on tax and they sell up causing these issues. It’s a stealth tax on your income and the Tory’s have done a perfect job!

This is happening all over the world due to Corrupt Mainland Chinese money laundering.

I hear u its same in york. Its so depressing

if rent was tax deductible itd be much more managle for living in london

And London was even worse in XIX century, Just to have an Idea; two words:The great stink. A Lot of people were cursed and still are cursed to live in these big cities because of the enclosure

well,thats the point,u dont,they take all your money

Correct. Early 20s we'd all love to be on 100k. These days. Once you pay of the bigger mortgage and bills the rest doesn't last long. The lifestyle we dreamed of needs millions.

Find some other way then instead of living in a flop house.

Landlords are filthy

Why were you kicked out?

Ain’t it illegal to live in a cupboard? No windows…. Surely that’s illegal.

come moving to kensington, lots of park and palaces

In case anyone makes the wrong assumptions: As a teenager, I always pulled my weight and our relationship was good. Then she got into an abusive relationship and he even put his hands on me. She stayed with him, and that betrayal opened up a lot of suppressed memories about what a terrible mom she was. Things I couldn't see before. And now she's struggling to pay for both of them because he's lazy af. And I gave up offering to help her out.

​@@kortni_animations I'm so sorry but is it that hard to live in the uk ? I was planning to study there and get a job

Wow, best of luck, your mom sucks :( *hug*

@@raneemabdo1279It’s quite difficult, there’s probably better places to study and work. Canada, US, other European countries would probs be easier

MACAO @@missgreeneyesx3512

You'd have to assume that anyone spending 70% of their income on rent, REALLY wants to live in a big expensive city, no matter the cost. Like .. wants to live there so badly they're prepared to be impoverished for it. Even to the point of knowingly making themselves a burden on their fellows via a need for public assistance.

I'm in the same boat as you. Does anybody ever make you feel like you should be ashamed or that you're a loser for living at home? Because that's the feeling i get from other people (might just be in my head). If so, how do you deal with it?

guys i'm not entirely in the same boat but currently do live at home am proud of it, because it is an actual house..! Coming on 3 yrs here now. Last year unbeknownst to me i had a gut bacteria called giardia that was giving me malnutrition so had to quit/get fired for poor performance a few times and have had a very inconsistent work schedule for 6 years, but also in that time i did manage to make £70k (for my business so not exactly my own pocket). And with some help used some funds to build my own cabin in the garden, even taught myself some shoddy skills to put the doors on myself and save £600.. If you have a garden with road access I could probably do it again for £5-6k cost and you'd get a nice 30M² to yourself & any ladies, let me know if you want some advice arranging it. Been thinking about offering it as a service but wouldn't charge for a profit until i got some more experience under my belt. All the best.

Try putting your name down with the council. If you earn less than £50,000 pa and you are over 18 you will be housed after awhile. It might take 2 or 3 years but at least you will have a secure tenancy. It's what sensible people do.

Might I ask you hat your degree is in?

@@MikeBassCovers It shouldn't be that way, as I think we're finally learning as a culture that moving out costs are impossibly high compared to what they were. There has to be some kind of level headed agreement that rent has just gotten too ridiculous.

Ireland should have a child limit law like the UK dose

Dublin is even worse :D I've lived 9 years in Ireland and moved to UK 5 years ago. Even 5 years ago I remember lots of ads on Daft, where people were sharing beds! Or living in a room with 2 bunks beds, paying like 500 EUR per 1 sleeping place (so 2000 in total for a bedroom)

Please explain that to the idiots.on here who think it's ONLY Britain that has housing problems. Also to thickos who compare countries like Norway and Denmark ( 5 million population ) with UK !!

@@valygarss how is it like in the UK compares to dublin

And you have mass immigration also. Connect the dots

That would be the right thing for every rented house, and its condition to be checked, but that's not realistic at all. I doubt it would happen.

what seems weird to me (that doesnt live in UK) is that ur houses doesnt seem designed to withstand and cold during winter. I talked to a guy who lived in a really luxurious apartment in London with crazy high rent but even his place was rly cold during winter

@@tpeterson9140 yes thats the harsh reality.. tho in the rest of uk.. new houses are being built with proper insulation( on roof,under floor and in the walls) n come with 10 years guarantee if smth isnt going as it should. The other common practice is to buy a house n then put the insulation needed.

The price increase is not fine

@@dappadondadda100 it’s very much realistic. Consumers need protection in order for capitalism to work especially when there is a high demand for finite supply of housing. We pa politicians to protect us from them.

That’s the right thing to do, I feel sorry for the parents who get dropped off to an old peoples home, where they probably get abused.

❤❤❤❤❤❤

Yeah I'm planning on getting out of the UK as soon as I have enough money and job experience

your degree based job pays ''minimum wage''..well you wasted time and money doing a useless degree..what was it ??''lesbian dance'' ??

@@bobbobbly7900 You laugh until a nurse tells you she studied for 5+ years and tells you she's making minimum or just above.

I lived in Vietnam for 5 years with a degree (in Business Admin) and a TEFL and was clearing 3 grand a month teaching English living like an absolute king, 3 bedroom apartment, swimming pool, Gym, cost of living is peanuts .. If you have degrees get out there teaching

@@bobbobbly7900what a nasty and negative thing to say hope no one says such a thing to you when you’re sharing an experience 🙄

@asgkasgasi you can always dress up like one lol

no such thing as hard work in todays day in age innit? these OF girls are no different than dole bludgers, barely lift a finger just for a bit of coin

@@eyonfrankston1344 and yet men still pay for it... Lol

@@dmystify1381 You do realise that the top 5% on only fans make a bout a 1000 a month on average. The overall average for only fan models is 180 dollars a month. OF is such a over saturated market you would be insane to even try it.

@asgkasgasi I think this is changing quickly due to over saturation and money now hitting guys hard around the world.

What about now? Thinking of moving there

I'm so sorry. People who have loving parents with a house are miles ahead of everyone else. It's so annoying when people complain about having to live with their parents.

@@Rafaelleao1977 you need to get a life.

@@Rafaelleao1977🤓

@@Rafaelleao1977 everyone is not meant to be rich, even if everyone tries their best for it. what people don't understand noeadays is that living a normal life is not such a bad thing

@@Rafaelleao1977it’s easier to save all your income at your parents then to spend 75% on rent and live on whatever’s left. For young graduates or people nothing is wrong it’s not permanent it’s temporary until you have a deposit on a house. Yes not everyone has the privilege to do so but those that do take it.

And most of all mass immigration

You could move in with me instead

Nailed it on the head. Excess investment funds have to go somewhere. After 2008 you had low housing prices and low interest rates. REITs bought all the affordable properties, thus causing a shortage which raised prices and priced out buyers. Those potential buyers are renting from the REITs so that they can have a house but will never build equity. Those that have even less are stuck in apartments at the mercy of landlords. The rich get richer.

@@roww10 Also lots of people made easy money with crypto/stocks boom recently and again some of them invested in property.

You also import foreigners like it's going out of fashion. It was over 400k people last year. That's a ludicrous number of people arriving versus Canada's population.

Accurate. I’m a doctor who lives with my parents, loads of my colleagues do too, it’s just so expensive

Many are selling up and that is exacerbating the shortage of rental properties.

Welcome to a debt based economic system where there is no underlying asset restricting your cabal of central bankers from printing fiat currency. If you trade your labor for an income your time is being made worth less as a function of moneyprinting. Step outside the system and use non-sovereign currencies & own assets. Otherwise you're in Klaus Schwab's world where you will "own nothing and be happy" under the CBDC.

Since 2016, landlords have been net sellers of property in the UK that's one of the reasons rents are higher becusse rental supply is lower

Also Landlords dont own 40% of properties its less than 20%

Emigrate. No point in living there sounds like.

I would repair that hole myself its costing you anyway

@@zuzanazuscinova5209 I would love to. Not so easy with Brexit. Plus my friends and family are here

I don't understand this obsession for owning your own home

@@Amazonwarrior777 Brexit has nothing to do with it, just a childish excuse, aim for North America or Australia