Quote:
Originally Posted by denphone
And one needs to have a chance to buy a house something many of the younger generation nowadays have no chance of doing now with hefty deposits and house prices well out of their range now...
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And the reason for that being the case NOW, is that in the recent past it was TOO easy. They had to make the rules tougher because of the crash.
---------- Post added at 10:24 ---------- Previous post was at 10:19 ----------
Quote:
Originally Posted by OLD BOY
Buying houses was very popular when I was young. The fact that young people have been priced out of the market is due to the 2008 crash. Now that we are gradually emerging from the austerity measures that followed, hopefully we can start to restore that balance.
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The problem is that people on zero-hour contracts, and/or on minimum wage, or just left university with a useless degree, expect and have been led to believe is their "god-given" right, to be able to buy a huge house to sell on for an easy profit.