I’m living proof, as are others in this topic that it can be done in this day and age.
If you have a defeatist attitude then you’re never going to get anywhere.
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Did I say it was impossible? No.
You said it was a luxury. I said claiming something that once was considered normal cannot be reasonably called a luxury in a growing economy.
If you’re not going to engage with what was written and create strawman arguments instead, then I’m sure this chat has ran its course.
Not sure this is correct
I’m not arguing with you, it’s all lightheartedness hense the wink emoji and stuff 
There are plenty of things that were super cheap 30 years ago that are now classed as luxury. At least we can agree that house buying is achievable though 
Can attest to that - on a quick look my rent is circa the same as a monthly payment for a £200,000 mortgage for 30 years. 
But the cost of bread has risen in line roughly with inflation
Pay has not been widely different from inflation and has some times outstripped
Houses prices have increased by far more than wages
It is now 11 times
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As someone who as just had to pay for a new roof on their house, I’d love to have been renting.
The cost of it could have seen me living there for many years fingers crossed nothing else goes wrong which would all be covered by the landlord 
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Sorry to hear! - But that new roof will have increased the value of your asset - renting for me does nothing apart from put money into someone else’s wallet - sure they are obliged to repair things for me but overall if you compare a landlord to a tenant - the landlord is rubbing his hands.
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Oh yeah of course, they wouldn’t exist if it wasn’t profitable.
There are pros and cons to renting VS buying. Some people I know don’t want to buy a house and make a very good argument for it. Personally it’s not for me but each to their own 
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What I was trying to get at is when the cost of renting is the same as a mortgage payment - a tenant is paying for the mortgage (and in HMOs probably 4x the mortgage) - what’s the main argument for renting when you want to buy?
I get the arguments for renting and for me right now it works - but to be paying someone else’s mortgage does sting.
I understand
At least renting is a nice safe bubble where you pay a fixed amount and have no unexpected things to worry about.
Back to my roof, I could add value (but personally I think it’s just going to remain the same) or in a few years it could drop and I’d have lost even more money. Then there are mortgage rates which are all over the place and the boiler could go at any time. It’s not all sunshine and rainbows for me either 
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Imagine if in 20 years kids were told mobile phones were too expensive and they had to stick to landlines…
The only reason why something in a developed economy becomes more expensive is due to something better replacing it e.g. coal, candles, replaced with gas heating and lights. Rent is not better than ownership 
For affordability, the ONS have clearly shown housing is becoming more unaffordable:
You can’t be serious??
The landlord can kick you out at anytime because they want new tenants, want to sell etc. Rent is the absolute opposite of a safe bubble. Not to mention the hassle of a deposit. I’ve had to take previous landlords to court over getting my deposit back…
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A big issue is later in life when you want to retire etc. it makes being able to afford things difficult
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Possibly, but you could also argue that by renting you’d have saved more 
Oh of course in terms of subjecting yourself to risk - renting has zero - but that doesn’t take into account the plethora of positives that you get from owning a house. .
I know 
why can’t we all just be given houses and not pay for anything - FOR THE MANY NOT THE FEW 
Rates are the lowest they’ve been for ever so I’d take that back 
and after all is said and done, the property is likely to have increased in value by the term end (or by the time you want to move) - all the money you will have been paying, for the most part will return to you.
In all honesty though I’m just jealous
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In a country where housing prices didn’t increase, that’d be true. For the UK, it is absolutely not true.
What are you basing that argument on?
Renting for 50 years and not owning any property
Hundreds of pounds in Landlord fees.
Last time I moved the estate agent charged £550 per tenant for set up fees
I know you might have to pay for repairs on the house but at least you also own the hosue
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True, but then over time… the property value should increase (even inflation increase) and your equity goes up… which in theory should bring your repayments down…
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I’m not sure this follows - if you’re paying rent (which is the same as a CMP) surely a mortgagee by the term end will have more (by some margin) than a renter?
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Just to add more fuel to the fire when I bought my house I had to put down £32k. I was earning between 22 and 25k, this was post financial crash though.
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