*The problem today is most people always think that, you only need a good job to get rich... These millionaires are operating on a whole other playbook that many don't know exists*

@BrielleSmith-in5fd

22 сағат бұрын

Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investment .

@PamelaArmstrong-zc4ik

22 сағат бұрын

Money invested is far better than money saved, when you invest it gives you an opportunity to increase your financial worth

@DanielSaunders-ni8bh

21 сағат бұрын

The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that doesn't depend on government paycheck. Crypto is the future investing in it is the best thing to do now especially with the current economic crisis.

@JanetOrtega-th6se

21 сағат бұрын

I'm new to Forex I keep seeing how lots of people testify about how they make money from crypto currencies (BTC) and i wonder why i keep losing.. Can anyone help me out or at least advise me on what to do 🙏.

@BettyFoster-yv3fe

21 сағат бұрын

As an investor, should've known by now nothing beats experience and that's final. Personally i had to reach out to a financial adviso (Ava Brenda Harry) for guidance which is how i was able to grow my losing account back to $125k withdraw my profile right before the corrections and now I'm buying again.

My parents kicked me out when I was eighteen, I squatted countless buildings whilst trying to hold down jobs, even study. Now I'm 34 and still live hand to mouth even with a job whilst my mum runs an Airbnb and my dad has his second family. In my experience the reason for this "perfect storm" is selfishness.

@Westcoast10

Жыл бұрын

And the older generations wonder why we despise them

@skyexmonique

Жыл бұрын

What awful parents

@shauryasharma7647

Жыл бұрын

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.

@pbc5137

Жыл бұрын

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

@sayyadinawitch

Жыл бұрын

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.

I rented a one bedroom flat in Slough for £875 pcm in March 2022. The same flat is now going for £1200 pcm, an almost 50% increase in a year and a half. It's completely insane and unsustainable, and makes me very glad that I emigrated from the UK.

@nauxsi

4 ай бұрын

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

@doct0rnic0

3 ай бұрын

@@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!

@nauxsi

3 ай бұрын

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

@Fredreegz

3 ай бұрын

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 😢

@lemravity4453

3 ай бұрын

​@@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.

I live in the USA and I own a duplex and two single family homes. I would never increase the rent without a 60 day notice. One of my tenants has been living in my duplex for nine years and I only increased the rent by$200 one time in the nine years. Even with the rent increase, she was still paying $1,000 below the market value. I also give one month of free rent if they pay their rent on time and also keep the rental unit in good repair and clean. So far all four of my tenants have had a free month of rent. I rather have a good tenant than more money. I spend a lot less on maintenance because my tenants take care of my properties.

@EmilyGloeggler7984

5 ай бұрын

Unfortunately, most landlords don’t act like you.

@teenageapocalypseusa5368

2 ай бұрын

You will do well in life!

@0nurag

2 ай бұрын

You are the hero mate.

@obaidullahsujon2842

2 ай бұрын

God bless you 😊

@garywateridge

Ай бұрын

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.

A third of income on rent? In London, try 40/50%.

@mimilovinglife4544

Жыл бұрын

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.

@GuledAar

Жыл бұрын

@@mimilovinglife4544 Where did you move?

@MasterApprentist

Жыл бұрын

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.

@Misaka-gt5yj

Жыл бұрын

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

@thesaw9988

Жыл бұрын

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.

I moved to the UK 3 years ago and already thinking of moving out lol. Just can’t understand how a country can treat its people so bad and things keep getting worse.

@demonhalo67

Жыл бұрын

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

@Deedeevenice

Жыл бұрын

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?

@ayme5868

Жыл бұрын

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

@washimpatwary1446

Жыл бұрын

​@@ayme5868 Definitely harder since Brexit but not impossible

@SkinnyEMedia

Жыл бұрын

For Britons especially with the Brexit, options are slimming.

I anticipate a housing market downturn due to the numerous individuals who purchased homes above the asking price, even with favorable interest rates. Despite the low rates, many are now at risk because they lack equity. If housing prices continue to decline, they may face difficulties selling or even risk foreclosure if they can no longer afford the property. This scenario is likely to impact a substantial number of people, particularly with the anticipated surge in layoffs and the rapid increase in the cost of living.

@VickyAlvy

6 ай бұрын

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.

@Jason9o669

6 ай бұрын

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.

@AlexanderDanielley

6 ай бұрын

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

@Jason9o669

6 ай бұрын

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.

@marcc1179

3 ай бұрын

same story in China

I was born and raised in London. I knew I’d never rent in London because it was so expensive for not much return. It didn’t make sense. Lived with my parents until 32 and bought recently in Nottingham. I would encourage anyone trying to buy to consider a life outside the capital - at least for now. I’m hoping I can move back one day, but I don’t hold my breath.

@dentistry42

8 ай бұрын

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

@elizabethermakova9479

7 ай бұрын

​@@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.

@dentistry42

7 ай бұрын

@@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

@bobjames6622

6 ай бұрын

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

@llarmerfarmer5905

5 ай бұрын

@@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

As a Canadian visiting family last year, I couldn’t believe how much more everything cost in the UK despite the fact that people make much less money for the same jobs as they would in Canada. That was a year ago… everything seems to have gotten much worse. It’s unbelievable.

@geoffreyk7054

Жыл бұрын

I agree with you 100%

@geoffreyk7054

Жыл бұрын

Greetings beckoning you from London England Great Britain 🇬🇧

@hmq9052

Жыл бұрын

Yeah but you have to live in Canada

@bid84

Жыл бұрын

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

@hmq9052

Жыл бұрын

@@bid84 It's subjective. Silly man

With what I've saved up working in the UK I'm almost able to buy a flat in Poland with cash. Seriously considering just moving back instead of toiling away with no stability.

@cornishhh

Жыл бұрын

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

@eugenecrabs8622

Жыл бұрын

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

@osatoosagie7286

Жыл бұрын

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

@0u73rh34v3n

Жыл бұрын

Any Polish town recommendations? I might do the same.

@456dave7

Жыл бұрын

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

There's no shame in living with your parents. It simply means they are alive, and you have the comfort of home. Cherish it.

@MajimaEnterprises

5 ай бұрын

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.

@email5023

5 ай бұрын

Bunch of losers who failed to launch.

@EmilyGloeggler7984

5 ай бұрын

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.

@MRkriegs

5 ай бұрын

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

@KStew9010

5 ай бұрын

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.

Forced to move 200 miles away from London just to be able to rent. Paying 550 for a 1 bed house in North Yorkshire. No council would help me or even put me on a list. Was told to stay at my parents until im 35 years old and then ask to be added to a register on which i can expect to wait years for a property to come available. Broken Britain.

Moved to London this year - can confirm. I'm earning more than my middle-class parents ever did but I'm living like a student... Don't even get me started on those 'auditions' to find a place - most stressful 3 months of my life.

@airingcupboard

Жыл бұрын

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

@leeche87

Жыл бұрын

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

@djm2189

Жыл бұрын

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?

@jw841

Жыл бұрын

@@djm2189 Net or Gross?

@leopold7562

Жыл бұрын

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.

This is why I do not leave Sweden: Rents are fixed according to nationalwide agreement, and the landlords can not raise the rent without permission or negotiations. You cant no be evicted unless it has gone to court and you always have 3 months time to move out. There is a standard on all rental apartments: There has to be stove,freeze,cooler and a wc with shower/bathtub . The water and heating is almost always included in the rent. I Love this in Sweden.

@Sirlarrythecat

Жыл бұрын

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.

@Buttercup697

Жыл бұрын

You damn socialists! ;-)

@charliegirl3056

Жыл бұрын

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

@olutoki

Жыл бұрын

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.

@samsativa245

Жыл бұрын

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

We moved up north earlier this year. There's simply no way we could have afforded a home otherwise. I understand this is not realistic for most people but you should definitely consider it. For us personally, it's the best decision we ever made. London is a hellhole.

@intotheblue970

Ай бұрын

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

This is happening worldwide. The main reason is that governments have allowed real estate to become a speculative asset.

@paske2001

9 ай бұрын

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

@Roltun

8 ай бұрын

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

@zhengyanjiang

3 ай бұрын

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

@capri2673

2 ай бұрын

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

@gregorytreacy7085

Ай бұрын

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

Financial advisors: "Renting is bad , u should own and make mortgage payment" Banks: "sorry you don't qualify for a home loan. Instead enjoy paying rent amount that would be equal to the home monthly mortgage. "

@king_of_gaming6754

Жыл бұрын

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

@jennywinter3025

Жыл бұрын

So true you can’t win

There's no shame in living with your parents. You can help them out and give them company. There are many other genuinely shameful things people do in this world but I'm pretty sure living with your parents is not one of them.

@andyharpist2938

6 ай бұрын

seems a good idea to me.

@mohammedhumaid7636

4 ай бұрын

Good idea! Also stronger family bonds.

@lbunnygordon1133

4 ай бұрын

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

@Lyonessi

3 ай бұрын

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...

@justinduffer9500

3 ай бұрын

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

It's been like this in Ireland for the last decade and no end in sight, its awful! Theres people in their 20's, 30's & 40's living with their parents.

@kohtalainenalias

Ай бұрын

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

I think a housing crash will happen because all those people who bought homes over asking price, although it was at a low interest rate, they are over their heads. They have no equity if the housing prices continue to go down, and if for whatever reason they cannot afford the house anymore and it goes into foreclosure because even if they try to sell, they will not make any money. I think this will happen to a lot of people especially with the massive layoff predicted for the future and the cost of living rising at a high speed.

@VickyAlvy

7 ай бұрын

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.

@Rodxmirixm

7 ай бұрын

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.

@Jason9o669

7 ай бұрын

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.

@ClementRusso2

7 ай бұрын

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

@Jason9o669

7 ай бұрын

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.

When I moved to Japan 10 years ago, my friends and coworkers said you’ll never be able to buy a place there, it’s too expensive. I didn’t care, I was never going to afford a place in the UK, and didn’t want to pay someone’s mortgage. Not only did I buy my own place in Japan, i have a far better work life balance which is miles better and living the best years of my life in my late 30s than is did in my 20s in the UK.

@samthepoet107

Жыл бұрын

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?

@stephenbanyar1874

10 ай бұрын

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

@beaulieuc8910

6 ай бұрын

Yes but you may live far away from elderly parents

@user-yz3bm4xq1f

3 ай бұрын

@@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.

@user-mc1yd9bp5x

3 ай бұрын

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

Mainly due to the fact you can pay £900 a month rent but the Banks don't think you can afford £700 a month for a mortgage....

@yahyaraje

Жыл бұрын

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

@swanseawales1979

Жыл бұрын

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

@jenjones90

Жыл бұрын

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

It took me 1 whole year to find a flat (I had the money, but had the same issues as this video). My uncle was incredibly kind to me and gave me the spare bedroom for the whole year, and I only had to pay small amount of keep. He helped me so much and I'll never forget it. If anyone reading this has younger neices, nephews, children, grandchildren and you can help them for 6 months to a year... please do it. They won't forget your kindess. I'm in my lovely new (rented) flat now, currently saving up to buy him a new bathroom, and I will of course take care of him when he's older. Sometimes the older generation doesn't realise how bad the problem is, and that it really isn't our fault, and that this 6-12 months of help can get us set up for a good life. And we should help the older relatives we move in with, with the cleaning, shopping ,DIY, walking the dog, cooking.

Damn, increasing someone's rent with 20-30% over night stating that "it is how it is"...That's cold, really cold and pure greed.

@pm2886

8 ай бұрын

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'?

@historystorybook

3 ай бұрын

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

@jamesdarby3991

25 күн бұрын

@@pm2886 that’s twisted logic and you’re fully aware it is nonsense. Shameful. Have some empathy

@pm2886

24 күн бұрын

@@jamesdarby3991 Not at all. It's exactly the reality of the claim that landlords are 'greedy' because they stay abreast of the market rate. If you're opposed to that kind of thing, you should be happy to work for less than the going rate. And you should be happy to sell your car for less than it's worth. It's EXACTLY the same as a landlord charging the market rate. Not one bit less 'greedy'. Or rather, none of it is actually greedy. People call it greed when they're at the receiving end, but 'fair' when it's a win for them.

I'm a landlord in Norway, here we're only allowed to increase the price on a tenant once a year and it can't be more than the CPI. Personally I've never increase rent on a tenant but I do increase rents between tenants. The biggest issue in Britain with property is a lack of rights to tenants, wages that have been depressed due to austerity then you have the highest inflation rate in Europe. All those things put a massive pressure on the younger populous. This has been here a while, and I see a lot of people seem to mention migration as an issue, to be clear I emigrated to Norway from the UK. I can tell you from personal experiemce that migrating from one country to another is costly and stressful. Doing so into Britain is infact more expensive than Norway, one of the few things trust me.

@marklewis3023

11 ай бұрын

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.

@patrickcannell2258

11 ай бұрын

And greedy British landlords

@marklewis3023

11 ай бұрын

@@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.

@adotholland22

11 ай бұрын

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

@HaggisMuncher-69-420

11 ай бұрын

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

The insanity is that more people live with parents than ever and yet there’s still a supply shortfall

@skellurip

Жыл бұрын

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

@Thedarkknight2244

Жыл бұрын

@@skellurip depends what your relationship to your parents is

@skellurip

Жыл бұрын

@@Thedarkknight2244 landlord and tenant

@shanepatrick641

Жыл бұрын

@@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!

@Zivety

Жыл бұрын

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

I'm 37, on an acceptable salary for London, but can only afford a room rental in a house share. I can't believe I'm this close to 40 & almost forced to share a house with a stranger because of how much of a sh*t show the UK rental market is & just how expensive everything is. I've given up the dream of buying my own property. It's never happening. There are too many new homes being built, because no one can afford to buy or rent new builds. The spacious, empty, beautiful old boarded up homes need looking after & making liveable. We don't need more new builds, we just need more rental properties.

@edvinaspetrauskas7594

5 ай бұрын

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.

@claireburgess8837

5 ай бұрын

@@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.

@Jesus_Saves_Believers

3 ай бұрын

Come to America.

@johnathanera5863

2 ай бұрын

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

@MD-tp5zy

2 ай бұрын

go live with your parents, buddy.

I’m 47 and still renting. Have never had inheritance or bank of Mum and Dad to help get me on the ladder. I can afford to rent a house but not to buy it. The system is broken.

The saddest thing about this is that we're just content to let these hardships happen to us.

@antihypocrisy8978

Жыл бұрын

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

@boyo7918

Жыл бұрын

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.

@jdbruiser

Жыл бұрын

@@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.

@LB-py9ig

Жыл бұрын

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.

@learchipel5802

Жыл бұрын

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

God this is so depressing. When you work very hard on education and get a job- but then you are struggling to even find a place to rent (for vast sums of money)- whilst fighting others for these extortionate rooms or properties- like starving vultures pecking at the leftover slops of a rotting carcass.

@truth.speaker

Жыл бұрын

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.

@krutibhavsar9534

Жыл бұрын

Nightmare 😶

@ARTISTIC1991

Жыл бұрын

This is conservative Britain!

@thomaspowell2043

Жыл бұрын

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

@Rb39-ej5hh

Жыл бұрын

@@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.

Same thing happening in Canada. Rent in my city has skyrocketed. My unit that I rented 1.5 years ago has now gone up 1000$ a month in rent. Myself and our neighbours were forced out and now the units are both Airbnbs charging upwards of $300 a night, and $800 a night in peak season. The landlords obviously make a lot more money on Airbnb. We have so many people coming but no houses or rentals to offer people. So much has changed in the last two years I can’t wrap my head around it and I don’t see a future anymore. Meanwhile my parents and their friends own 3+ homes… I mean good for them but there’s no hope for this generation.

@MMK86

9 ай бұрын

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

I don’t understand this culture where it is a crime to live with your parents, it gives them company and allow you the opportunity to strengthen your finances, while teaching abusive landlords and the renting market a lesson. Solidarity! Help each other people!!

@captain_bretzel

8 ай бұрын

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.

@bluesclues132

8 ай бұрын

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

@hellokaumea8315

6 ай бұрын

My parents are more abusive than my landlord

@astridarroyave

6 ай бұрын

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

"Sticking it out with mum & dad" is an option that many people don't have the priviledge of🙄

@felixthecat2786

Жыл бұрын

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

@jenjones90

Жыл бұрын

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

@iminmypjs3428

Жыл бұрын

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

@kerrynight3271

Жыл бұрын

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.

@boxer786ful

Жыл бұрын

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

My son is 41. Still lives with me. I've come to understand it's not him. It's not a failure to launch. He works. But multi-gen households were the norm only 70 years ago and into the past from there. So this is simply a reversion to the mean. The brief blip in time where most people could afford a home or apartment of their own without sharing resources is closing.

@zuzanazuscinova5209

Жыл бұрын

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.

@ausboy2281

Жыл бұрын

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)

@ta_nimal2023

Жыл бұрын

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

@dezw6485

Жыл бұрын

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

@andrewjones575

Жыл бұрын

@@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.

I’m 58, lived with my parents till 31. Saved my money and fiancé did too. Then we bought a house. This was at a time ppl generally moved out when they were in early 20’s after school completion and job getting. There’s no shame folks. It’s harder now yes, but doable. Our 25 year old son still lives with us, saving his money.

Well maybe if Tony Blair didn't introduce the shambolic open door policy then maybe we wouldn't be so over populated.

Just the fact that British have a term "property LADDER" here in UK says it all, it is a national sport to buy a small property and sell - buy bigger - and sell and so on

@bg1616

Жыл бұрын

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.

@emrankhanlearnwithme4474

Жыл бұрын

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.

@tpeterson9140

Жыл бұрын

@@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

@emrankhanlearnwithme4474

Жыл бұрын

@@tpeterson9140 yes i can believe that.

@artfuldodganz9037

Жыл бұрын

@@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.

Investors can’t predict the future, bearish periods automatically give way for a new set of stocks to buy and watch while setting the stage for a new profitable uptrend. I have come across articles of people that grossed profits up to $250k during this crash, what are the best stocks to put on a watch list or buy at the moment?

@bernisejedeon5888

11 ай бұрын

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.

@fresnaygermain8180

11 ай бұрын

@@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.

@fresnaygermain8180

11 ай бұрын

@@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

@alexsteven.m6414

11 ай бұрын

@@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.

same thing is happening in australia

Rented my whole life and was never poorer,colder and miserable.moved into a van and gave up the flat 2 years ago, best thing I've ever done wish id done it 20 years ago.,no rent,no bills,no council tax or anything I keep all my wages and I've never been better off or warmer

@MrJpmcmenamin

9 ай бұрын

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. :)

@davidmarjason4222

7 ай бұрын

⁠@@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.

@sphenoidjjj

2 ай бұрын

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?

@RGE_Music

Ай бұрын

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

@terrapyn99

Ай бұрын

@@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.

I am an American... and inflation is insane but not unbearable. I hope at some point all of these companies making RECORD PROFITS get what is coming to them.

@WARGODS-ez1bu

10 ай бұрын

a financial crisis

@devinherring5352

9 ай бұрын

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

@mh3743

8 ай бұрын

No its definitely unbearable

@JimmySpoons-dd6td

8 ай бұрын

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

@user-oc5xt7nl7e

7 ай бұрын

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

I became homeless in 2015 because my flat burnt down due to an electrical fault with the cooker: and the landlord, who couldn't be bothered to fix the damage, auctioned off the flat to someone without even informing me, and that someone served me with an eviction notice. Living in Brighton, which is almost London prices, and surviving in a burnt out flat, I couldn't raise enough money for a deposit and months' rent on another flat. So, I became street homeless, a drug addict at the age of 36, eventually psychotic and suicidal, in and out of rehab and hospital for years, on benefits and then in hostels, all at huge expense to the taxpayer, to the state. The rehab stays alone will have cost the government about £100,000. Probably the psychiatric stays will have been significantly more - and on top of that many hundreds of hours of support from community mental health services and drug and alcohol addiction services. It's such a fucking waste: not just in money, which is all we seem to care about, but in lives. So many deaths around me during this period. I know legions of stories like mine: no-one is counting the actual cost of our appalling housing system, not to mention the true cost of all the other deficits in social services and social security which end up costing so much more then it would cost to make sure these problems never happened in the first place.

@truth.speaker

Жыл бұрын

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 ?

@antrewt

Жыл бұрын

@@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 KZread videos on this. Sorry! Can't restrain myself today.

@zcharged8294

Жыл бұрын

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

@antrewt

Жыл бұрын

@@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.

@antrewt

Жыл бұрын

@@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.

Honestly, what is so shameful about living with your parents? Not so long ago, most people lived with their parents until they married and established themselves in a profession.

The only way to own a house is to live with your parents until they both die. Then the house is all yours. Worked for me!

@GNMbg

4 ай бұрын

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

@anm3037

3 ай бұрын

😅

It's such a shame that we are made to feel ashamed in this country for living at home past the age of 18. There are many societies where staying at home is completely normal, you all pitch in and you're a true family. We've somehow been convinced that moving out at 18, struggling to pay rent and only seeing our family members on birthdays or christmas is 'normal'. So i personally see a real positive in families sticking together for longer, as it should be.

@aikogiron3449

Жыл бұрын

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

@KillerWhale99

Жыл бұрын

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

@zhaw4821

Жыл бұрын

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

@johnsonolajide4647

Жыл бұрын

Migrate to Nigeria and thank me later 👍👌💯

@sherrymiller2302

Жыл бұрын

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...

The thing that I've struggled to come to terms with is how this issue is not getting the kind of airtime and priority that such a crisis demands. Politicians of all parties at Westminster are too comfortable in their second homes to feel the pain of those affected by the housing emergency. Labour did nothing to help this during their time in office either ... unless of course you go back to the post-war era. The further we are in time from the mass-social housing building of the 1940s and 1950s, the more we are going to feel the pain. It's the only thing that has ever made a real difference, but sadly, those with the power to do something about it - something radical - are so far removed from the pain that their focus is constantly on other issues.

@nauxsi

4 ай бұрын

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

Rents in the Phoenix Metro have skyrocketed. Where I work, four full-time employees got together and rented a house. It sounds like things are just as crazy in the UK.

From 1994 to 2003, 9 years, I spent an enormous amount of time energy and effort warning everyone I knew, as well as writing letters to the local and national newspapers, warning that this was the future the UK was heading for. All that happened was that I was laughed at an ridiculed. It even lead to my wife divorcing me because I would not stop campaigning. In 2003 I emigrated. I wonder if those who laughed at me are still laughing? These days, if I see the future I just keep my mouth shut. "Human-beings tend only to be motivated to make a change when they are right on the precipice of disaster." From the Sci-fi movie, 'The Day the Earth Stood Still'

@user-oj5gp7qg1t

3 ай бұрын

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

@artsimulation

3 ай бұрын

@@user-oj5gp7qg1t North or South?

@tiatequila1816

2 ай бұрын

nah you are the goat for this

@antoniolima1068

Ай бұрын

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

@thomasnielsen5580

8 күн бұрын

Yeah, I predicted back in 2003 that Donald Trump would win the 2016 election. No one listened to me. I was mocked for my prediction based on solid facts, and people even said i belonged in the lunatic asylum. Who is laughing now?

I got kicked out at the age of 26/27 and rented a room in London, the room was literally a box with no windows, all for £300 a month. I was happy with the price at the time as I am a minimalist and don't carry much around but it was an awful place to live with 4 other people living there, the landlord was always around and it was uncomfortable doing anything especially the hygiene issues, pure disgusting.

@mph5896

Жыл бұрын

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

@alal2192

Жыл бұрын

Landlords are filthy

@Dave_of_Mordor

Жыл бұрын

Why were you kicked out?

@JadaLoveUK

Жыл бұрын

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

@dotuix7064

Жыл бұрын

come moving to kensington, lots of park and palaces

I‘m from Germany and it’s the same over here… Especially the inner cities are so expensive that most students cannot afford to live there anymore. My husband and I were lucky enough to by my childhood home and it‘s big enough so our children could live a fairly independent life while still being at home. I wouldn’t do what my parents did an early on built up the pressure by saying things like „when you‘re 18, I‘ll pack your bags“. If you want kids - that’s a lifelong responsibility. Forcing children to move out when they are not ready financially or mentally in this day in age with housing prices skyrocketing to new heights every single year is just not fair. My children can live with me as long as they want. (And my older daughter is a teenager - so no, I‘m not saying this cause I‘ve got two adorable toddlers at home 😅) .

@Com-bc6jl

Жыл бұрын

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.

@tonyhaynes9080

Жыл бұрын

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

@Ninitschga

Жыл бұрын

@@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.

@LS-Moto

Жыл бұрын

@@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.

@LS-Moto

Жыл бұрын

@@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.

This is a huge crisis and it has to be dealt or solved by someone!! It is around the world also in Spain it is unbearable!!

My mom tells me how horrible the whole situation is then laughs and says, "You can't stay here!" (I've never even felt comfortable enough to ask). Instead we park on a gravel lot and live in our van. Homeless and saving for a home. Can't wait for the day when she needs elderly assistance and I get to say, "You can't stay here 🤪"

@kortni_animations

10 ай бұрын

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.

@raneemabdo1279

9 ай бұрын

​@@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

@Goliath1337

7 ай бұрын

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

@skyethain1221

6 ай бұрын

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

@paulchan6570

5 ай бұрын

MACAO @@missgreeneyesx3512

I’m 44 and I live with my mum and younger sibling. Both my sibling and me are staying unmarried so staying with the parent is no biggie. Everyone chips in for expenses. Driving yourself into poverty just to exhibit independence is the most outrageous lie sold to young people.

@wulfsorenson8859

Жыл бұрын

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

@cozyhobbies_

10 ай бұрын

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.

@starlightgirl8863

9 ай бұрын

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.

@cozyhobbies_

9 ай бұрын

@@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 !

@beaulieuc8910

6 ай бұрын

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

Welcome to Italy- where people have always lived with dad until 40 because of rent prices

Renters in new builds are currently responsible also for decorative defects caused by poor builds. I worked on site as a plasterer and now work in maintenance New builds where being plastered minutes after the boards where stuck to the walls, they where then painted as soon as the plaster was finished but not allowed to dry and sometimes all this was done while it had no doors or windows The house on a site in Hemel Hempstead cost 35k to build and were up in just under two months and being sold for 225k for a two bed I spend my days often explaining to tenants that as part of there agreement they are responsible for the decoration of the property However the bathrooms and kitchens are starting to fail. The paint is all bubbling and flaking away. Wrong paints being used, plaster not being allowed to dry, or once dried it isn’t sealed before final coats….. all causing it to fail And tenants are being told it is there duty to make the repairs!!!!!! Even when I argue the point that it’s not their fault and it’s something the owner needs to fix……. My argument gets dismissed, the tenants are often left in distress……. And the owners will then will take the cost of the poor work from the tenants deposit as they don’t know how to prep the now bare plaster before painting with a water resistant:proofing paint My thoughts are house prices and rents should not increase while there are 100,000s homeless people in the uk. We give billions to the military to go to war instead of building houses. We then destroyed the home of innocent people in countries that we’ve gone to war with……. Then bring them over here, house them , feed and clothe them……… taking away the resources the British tax payers pay for and that are not getting!!!!! I think we should choose what we pay tax for as we are paying for services that just aren’t being used or received……. And when we do…… it’s cheap and unaffected but costing us more and more everyday!!!

That is pretty crazy, Sweden has a similar income-level and you can find reasonably located 1- and 2-room apartments to rent for as low as £300-£600 in any city

This is so true: moved this year as well. Can confirm there's many people queuing and viewing the properties at the same time. We lost bidding wars to several flats until my partner and I finally offered £250 over asking price AND signed for 2 years. Unless you are willing to both sign for that long and for a crazy amount, there is no chance. It's wild out there.

@tomjones8715

Жыл бұрын

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!

@gladiammgtow4092

Жыл бұрын

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

Not only in the UK. Most of the Western countries have the same situation currently, mainly in Europe. To me there have been four reasons causing this vital problem: 1st Many ordinary people for whatever reason (inheritance, bought a second house in the 90's, investment...) have more than 1 property. 2nd Authorities have allow rich foreigner investors buy houses as an investment activity. 3rd Massive and uncontrolled migration movement to richest countries in a very short period of time. And 4th Lack of housing laws, regulating and controlling the house market.

@breeeque

10 ай бұрын

Its crazy high here in the US

@moixyplayz848

10 ай бұрын

Vote reform uk

@KLRN-qc7jp

10 ай бұрын

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.

@leptir7110

10 ай бұрын

Reforme ,promjene zakona ,zakone donose ljudi a ne vanzemaljci ,politike.treba mijenjati ,pogotovo nove generacije ,kapitalizam.onog vremena urušiti če se sam ,pravo čovjeka na stan treba biti pravo i ostvarenje svakog čovjeka ili obitelji ili mijenjajte politike i političare ,ako ne ide milom onda ide ....

@ematisions

10 ай бұрын

Same with Australia

look at the condensation on the window at 1:03 no wonder the pace is full of mould .you have to open the windows and let fresh air in

People need to get angry...we are being had.

I managed to get out of the renting trap after saving for a deposit over 6 years, I lived in the same house for 10 years with the same letting agency, I handed my notice in no confirmation, within an hour 2 viewings had been booked in, they had listed the property with the same listing and pictures from when I rented the property in 2012 alongside this they had put the rent up 30% from what I was paying.

@tomjones8715

Жыл бұрын

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

@radjenovic6843

Жыл бұрын

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

@HOLLASOUNDS

Жыл бұрын

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

@tomjones8715

Жыл бұрын

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

@HOLLASOUNDS

Жыл бұрын

@@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.

This is so true. When I first graduated and made £22k I had to share a room in a house of 6. It was disgusting and some of the housemates were psychos (one had keys to my room, I litetally slept with a knife under my pillow). After few months I decided enough was enough and I moved in with my partner who I have been living with since. Its impossible to live alone in London. Even if you make 100k+, a typical new built studio or 1 bed is like £1.5-2k. And then add council tax, increased electricity and gas, internet, phone, transport, any other subscriptions etc. It's ridiculous. And then what will you even save up?

@Sezfluffy

Жыл бұрын

I hear u its same in york. Its so depressing

@danbee415

Жыл бұрын

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

@henriquecorbilopes9000

Жыл бұрын

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

@JohnyMcNeal

Жыл бұрын

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

@derekporter66

Жыл бұрын

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.

My cousins were really lucky. One has a great salary due to working in a big law firm, the other cousin and her husband were fortunate to find a house that is spacious for two kids, two adults. And another cousin is on the way from South Africa to London due to work, and company has apartments. Basically, all of my cousins have the needed funds to afford anything in the UK (their rent is through the roof for something very small). The lack of apartments and lack of affordable apartments is also a huge issue in Germany. It's okay if you're renting in smaller towns of villages, but the distance to your work place and/or the transit there is a problem.

Economy is really bad right now 😢😢

Yup, I just recently moved in with family at 30 due to rent and cost of living combined with taxes, it's unlivable these days. I don't even feel bad, we just live in a broken country.

@kerrynight3271

Жыл бұрын

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

@benghiskahn3673

Жыл бұрын

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.

@laurieproctor3572

Жыл бұрын

@@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

@angeldann1157

Жыл бұрын

Canada and Australia are also having the same problems!

@2msvalkyrie529

Жыл бұрын

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..??

This is why as a young person, I felt the need to leave the UK. I didn't want to get a mortgage and a house yet, I want to be flexible to take new opportunities as my specialized degree-based job only paid minimum wage. I don't want to live under rising rent prices, I don't want to have to pay unpredictable student loan taxes. I want to live in a place where I can walk the streets at night and feel safe. There's so much I love about the UK, but this government has created every incentive for myself, and anyone with higher education from a low income family, to live elsewhere.

@geoxm6384

Жыл бұрын

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

@bobbobbly7900

Жыл бұрын

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

@327legoman

Жыл бұрын

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

@daveUK1066

Жыл бұрын

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

@moominmay

11 ай бұрын

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

? Chronic under supply of new builds!! Everywhere you look there are new builds popping up like concrete trees. The problem is, these supposed 'affordable new builds' are unaffordable, and you need to be earning approx. £60k to even be considered, when the average UK salary is £35k

I used to live around Canada water, I was a student and the rent was 500pounds and now it’s 800pounds. I lived in London at right time and left at the right time but I love London and English people and the people from other European countries and it was fun to hang out with them. Hope the rent will go down, the prices are crazy.

Thank you for this wonderful video....I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

@francesjean2499

Жыл бұрын

Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong

@Agneschloe

Жыл бұрын

Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

@wyattmaya7426

Жыл бұрын

I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Janet

@rabefalanse9250

Жыл бұрын

Wow I'm just shock you mentioned and recommended Expert Mrs Janet,I thought I'm the only trading with her

@Thomas-ko8mq

Жыл бұрын

YOU DON'T NEED TO BE SHOCK BECAUSE I'M ALSO A HUGE BENEFICIARY OF expert MRS JANET

It is pretty much the same in the US. My childhood home in the 1970s cost my parents $70k. Today it is worth $1.7 million. If I hadn't bought a condo in the 1990s, I would never have been able to get an actual home where I live.

@sayyadinawitch

Жыл бұрын

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

@norwegianblue2017

Жыл бұрын

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

@ICEJosh1987

Жыл бұрын

awwww poor you

@norwegianblue2017

Жыл бұрын

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

@sayyadinawitch

Жыл бұрын

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

A lot of the mold problems can be alleviated with a good cleaning, avoid opening windows when it’s humid and a dehumidifier to prevent it from coming back. I did this and kept the mold from coming back this way. I do recognize that there’s a renters dilemma, but I also see a lot of renters don’t pull their weight when it comes to maintaining their rental.

UK is in rapid decline.

I've had no choice but to rent from age 20 after finishing uni. I am 35, have decent job and deposit but the house prices are going up faster than I can save and the prospect of my own home is becoming a pipe dream. I'd never have thought I'd be considering myself lucky to be living in the rental that I am. When I moved in it was (still is) run down and hugely overpriced. But I've been here 6 years and the landlord hasn't put the rent up meaning I now am paying less than most places advertised so I daren't move or cause any fuss about the gaping hole in the rear door during freezing temperatures or the 30 year old boiler that is hugely inefficient and cost a packet to run. I'm only able to save anything at all because I have housemates... 35 and if I want to have my own space I'd barely be breaking even... never mind OWNING that space... broken Britain indeed!

@zuzanazuscinova5209

Жыл бұрын

Emigrate. No point in living there sounds like.

@angeldann1157

Жыл бұрын

I would repair that hole myself its costing you anyway

@Amazonwarrior777

Жыл бұрын

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

@SamuelBlack84

Жыл бұрын

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

@jasoncreighton5140

Жыл бұрын

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

This is why zoomers want to do OnlyFans, crypto, being an "influencer," etc over your standard 9-to-5 job that pays you ~30k a year. And even some of those who saved and skipped on the avocado toast have still been screwed over thanks to the cladding crisis.

@juleslefumiste9204

Жыл бұрын

@asgkasgasi you can always dress up like one lol

@eyonfrankston1344

Жыл бұрын

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

@__-gn3tp

Жыл бұрын

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

@mezjean5966

Жыл бұрын

@@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.

@Daltonson

Жыл бұрын

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

It took me and my flatmates from May until September to find a flat that accepted students and had an HMO. Our old lease ran out three days after we managed to move into our current place. We viewed over 50 different houses and it was just never ending

I just moved out of a place I was renting for £1k a month in Sept, agency guy came around to look around the place for legit, less than a minute, out of curiosity I went on rightmove to check what they were relisting the place for... £1300 a month.. In what world, 42+ miles outside of London, is a 30% increase in base rent cost a reasonable inflation adjustment? ... Tell me, in a single year, a 30% flat increase to the cost of rent.. Someone tell me how this makes sense?

Here, In Denmark, rent is somewhat regulated by law - we have the possibility to bring our rent-level before a committee that calculates the maximum rent for the area and size of apartment, and the landlord has to comply to whatever they come up with. Yearly increase of rent is also regulated, as is increases after renovation. If a landlord is renovating ypur apartment , he has to re-house you for the duration of renovation.

@MasticinaAkicta

Жыл бұрын

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!

@abraxis20

Жыл бұрын

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

@Bethany_mo

Жыл бұрын

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.

@zrymill

Жыл бұрын

@@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.

@arnabchabiri9670

Жыл бұрын

@@MasticinaAkicta 8

I have 3 daughters living with me all adults, I have told them they can stay here for the rest of their life's if they want to. I don't know why people find it strange if you are living with your parents.

@catam9308

Жыл бұрын

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

@chriswright6245

Жыл бұрын

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

@1Strawbz1

Жыл бұрын

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

@geroestetumor

Жыл бұрын

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...

@yungmentalproblems

Жыл бұрын

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

I've seen this from both sides. One of my family and her son faced homelessness a couple of years ago. The stress was enormous, and only a cash injection from a family member got her through. In her areas, holiday accommodation swallows up most of the housing stock. But, though I would never choose to take responsibility for providing anyone else with a home, I was left a tenanted house in poor condition. The tenants had not paid any rent for months because they said the house needed repair. They claimed housing benefit and used the money to buy a car. I live in another country and couldn't afford to put the house into good condition, so I had little choice but to evict them and sell the property. It took a year before they left and they didn't pay rent in all that time. They were extremely angry and said I was taking their home, but it wasn't theirs - it was mine. By not paying their rent, they robbed me of thousands, but they were astonished when I told them that. I don't think private rented accommodation is appropriate for most families - it's the business of the state to control the housing supply, which they are significantly failing to do.

Seriously what's wrong with living with parents...in my country it's common and cultural to live with your parents

@SuperMontana2008

25 күн бұрын

Nothing is wrong with it, but people shouldn't be forced to do it.

Same problem in Australia. We are moving back to a feudal society. Landlords can buy houses with money they have not earned. If you have a spare home you can borrow to buy more because renters are desperate.

I am currently living in Dublin and we have the same problem. People are sharing the same bed to sleep and you can see homeless everywhere. The government is ridiculous .

@cliffsofmoher4220

9 ай бұрын

Ireland should have a child limit law like the UK dose

@valygarss

9 ай бұрын

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)

@2msvalkyrie529

8 ай бұрын

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 !!

@cliffsofmoher4220

8 ай бұрын

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

@pobinr

2 ай бұрын

And you have mass immigration also. Connect the dots

The mould is very dangerous, both financially and medically. As a former landlord with a 60 yr old house I had to spend 1000's in remedies and repairs to eradicate black mould from the house. Attention to roofing details, new windows, vents installed and fans to remove stale air in kitchens and bathrooms etc. These measures only reduced the mould somewhat, you also need tenants to adequately air (open windows daily) and heat the house adequately. Some do and some don't. I was lucky in that the local authorities gave me time to arrange the works and also had tenants who arranged some of the works and carried them out at cost. Mould gets into furniture and prevents the use of built in wardrobes etc. so all had to be replaced or repaired.

Average house size in UK is 950 sq ft, yet the Royal Family live in huge Mansions and Palaces and own all the land

This video has been made several times throughout the years. The housing crisis has been a problem for years and it just gets worse. Affordable and reasonable rent costs are a distant memory for a lot of people. My friend, who is 27, has to move back into her mum's house because her rent is going up by £200.

@carlosr192

Жыл бұрын

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.

@kyleklukas4808

Жыл бұрын

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

@kyleklukas4808

Жыл бұрын

@@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

@delcamelot

Жыл бұрын

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

@samthepoet107

Жыл бұрын

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

It's ridiculous how hard it is now. My husband & I are currently in London & we tried moving up to Manchester a few years ago so that we are near to my family but it's proving very difficult.

Glad I bought a house when I did back in October 2021. A veerryy low price for what it was, at 1.32% interest rate, fixed for 5 years.

It’s a perfect storm in the UK this year with very high inflation, increased rents, decreased supply, and record high energy costs. I feel lucky to have left back in 2019.

@ADZ01982

Жыл бұрын

It ain't much better in other Western nations

@HaggisMuncher-69-420

11 ай бұрын

Why did you leave out unchecked migration? That's the bigger reason.

@allenk6373

11 ай бұрын

@@ADZ01982 I would much rather be born there than in Russia Being Russian citizen and under 27 is hard right now If you know what I mean

@Dennis_Reynolds

7 ай бұрын

@@HaggisMuncher-69-420- I don’t know enough about this to comment but it seems like an issue across Europe.

I moved back in with my parents at 28 when my relationship at the time ended and I was left with nothing. I'm now 34 and saving money to someday buy eventually, but the line is moving almost quicker than I'm able to save. It's beyond frustrating, but I'm thankful that I have the option to live here and that I have two rooms for myself.

@GoldKingsMan

Жыл бұрын

I sold my old home now renting.

@driesvdg8743

Жыл бұрын

buy less shoes and makup

@indiancowpeedrinker9241

Жыл бұрын

Indian scammers driving the real estate prices up

@GoldKingsMan

Жыл бұрын

@@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.

@FredericFreedom

Жыл бұрын

@@GoldKingsMan 🤔

I am 77 years old, bought my first house 50 years ago. No goverment has faced the house problem in this country. Not enough and therfore overpriced,

There is nothing wrong to living with your parents at age 34. If you are working, it is the best time to start saving up for future. It is way too difficult to be on your own (even with a roommate or 2) these days. Why throw your hard earned money at the hands of landlords? Be smart. The illusion of "independence" is no long feasible. Back in the 60', 70' and even 80's, you could have a single income earner being able to buy a house and feed the rest of the family. In today's market, both parents (or couples) need to work in order to make ends meet.

I am from Brazil and 35. The problem here is like, I live with my parents and I pay the rent too. I'm going to build my house this year and we will still live together as I'll take care of them.

@HeartNDagger18

Жыл бұрын

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.

@29DPT

Жыл бұрын

❤❤❤❤❤❤

Same thing happening in Canada. I think it's a mix of foreign buyers, empty homes, and Air BnB. Also I’m 38 and had to move back in with my mom

@wulfsorenson8859

Жыл бұрын

And most of all mass immigration

@alexanderpepkin4110

10 ай бұрын

You could move in with me instead

@roww10

10 ай бұрын

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.

@valygarss

9 ай бұрын

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

@user-kh2wc8nx1f

9 ай бұрын

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.

that second girl clearly had no clue if she made those plans. the first in fairness didnt have a choice the market is insane right now either live with your folks or dont leave anything reasonable you have.

Watching this I feel really grateful that I managed to find a social housing property to rent (three people turned down this property before me so I feel really lucky as the property is perfect me and my my accessibility requirements). The housing agency are really good when it comes to repairs like when I had a wobbly leaky tap and the drains got blocked and they’re very accommodating at working with my occupational therapist to adapt the property to meet my needs. The rent is also reasonable and is covered by housing benefits. I wanted to move out because I was turning 30 and I felt it was time to have my own home. I also needed a property that would better meet my needs so now living in a bungalow is perfect for me. There are issues with neighbours but we can’t have everything perfect. It was difficult finding a property that met my needs and I know of other young disabled people in other parts of the country who have also experienced difficulties finding suitable accommodation or have been turn away by certain social housing providers because they are disabled or because of the adaptations they require or simply because of the lack of accessible social housing in their area especially for those who aren’t elderly (ie there is accessible housing but only for those over a certain age). When I was looking for social housing I was made eligible to bid on age reserved properties because of my medical needs.

I'm 32 years old and I still live with my parents. And have done since I graduated from university (this coming July will be 10 years since my graduation!). While I'm working a full-time job in financial services, my salary in my current job and from previous jobs are sadly not high enough to move out when all added together. While I don't have in any way a bad life living with my parents, I one day hope to move out. But the last thing that I want to do is move out too soon, not be able to afford it and then move back in with them again. And with the UK now in a recession and potentially in a longer and worse one than the financial crisis of 2008, finding a job with a higher salary in order for me to move out seems like a dream. I'm not giving up in any way but equally understanding that trying to move out in 2023 at least will be a tall order. Rent and buying prices where I live are simply out of reach at the moment.

@MikeBassCovers

Жыл бұрын

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?

@Nick_Tag

Жыл бұрын

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.

@KillerWhale99

Жыл бұрын

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.

@odiedodieuk

Жыл бұрын

Might I ask you hat your degree is in?

@brad5426

Жыл бұрын

@@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.

I'm 38 and still living with my parents in the Philippines. It's not right but it's okay. 🙄

I think shaming people for living with their parents is all part of the con to drive demand for rentals. If your parents own their own house and you get along, and they won't charge you rent or charge you affordable rent, why not. Parents care about you more than a landlord does.

Simple mathematics: A couple (wife and husband) requires 1 home. A single man and a single woman require 2 homes.

I live and work in Switzerland as electrician. Earning 3800 Fr. If I had to rent an appartement a third of my salary would go for the rent. Another 10% for Healthcare wich in Switzerland has to be paid every month even if you don't benefit. Then car assurance, motorbike assurance, electricity, phone, ect... I would have to live for working instead working for living. So I stay with my mother so I have a bit of money to go to the gym and eat fresh food not junk food.

@davidmarjason4222

Жыл бұрын

Don’t you guys make a lot over there? I’m training to become a uk electrician myself and I hope to god that the money is there and I can survive working as an electrician!😢

@kod9400

Жыл бұрын

@@davidmarjason4222 You surely live well as an electrician in Australia.

@davidmarjason4222

Жыл бұрын

@@kod9400 that's australia dude ;-; I'm uk

@W1DO

Жыл бұрын

@@davidmarjason4222 2 options then, scotland (cold and wet but you can buy a basic house) or leave the UK.

@thyerriwolf

Жыл бұрын

@@W1DO It depends,not in Edinburgh maybe in the around, there are some options, but the capital is unbelievable very expensive unfortunately