or you could commute ? season ticket from leicester is around £8K / year and takes around 1 hour from St Pancras - 3 bed detached houses are around £350K
I salute you for having a degree that it’s worthy of the efforts and financial contribution from you.
I hope you do well!
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That’s a pretty ageist statement! No one is saying it’s a right, we’re saying it shouldnt be something out the reach of the majority of “young” people
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I don’t think that is what he is saying.
Nothing is out of reach, it just needs hard work and sacrifice. If it was easy, everyone would own a house.
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We will never agree my friend. It’s down to the individual where they want their career to go and how successful they want to be.
If everyone could afford to buy there would be no rentals and then people would moan there is nowhere to rent because guess what? There is still going to be someone poorer than you. Always. Just like there will always be someone richer.
Basing your life around money, assetts and houses etc. Will mean an unhappy life.
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would they be bitter renters forced to buy a house they don’t want so they can live somewhere 
thats a joke by the way - well nearly
I’ll explain how it works where I live.
Local rent for a one bed house in area 1 is 500pm, which goes up every few years.
Person who lives 20 minutes away in area 2 pays 750 a month also going up every few years. They decide they need to find somewhere cheaper and move to area 1 and are able to pay 650pm comfortably, therefore pricing out local people in area 1.
This also works with selling houses, person in area 1’s 1 bed house is 150k, person in area 2 has a 1 bed house worth 200k. They decide to sell and move to area 1 and offer 180k on the house, therefore raising prices in area 1.
All of which forces the local people in area 1 to move north to find cheaper prices for rent and property. This is unfortunately what’s happening to a lot of people who live along the london commuter lines, local people forced out by people with more money who lived closer to london and therefore can afford prices further out that locals cant
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However some zone 1 people might want to live closer to station and be able to pay more now. Meaning supply and demand will work it out.
There might be people who don’t want to be responsible for everything that could go wrong with owning a house. Boilers breaking, leaks, negative equity and all those other financial worries that come with ownership.
Perhaps they would just like to rent and have the landlord responsible for all of that so they can sleep better at night.
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Plus a easy move to another rental if you have a job relocation 
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I can agree with you on that ^. All I am saying is, you’re obviously fine and I personally will be able to afford to buy my own house. I’m only able to because I started planning and saving extremely early.
I just think the local cleaners, hospital workers, librarians etc should be able to afford to buy or rent affordably regardless of the fact their professions don’t pay as well.
Happy to agree to disagree 
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Unfortunately if you take a look at London commuter lines and the patterns of locals versus people who were closer to London and therefore their homes were higher value, you’ll see this rarely works out. It just results in a big shuffle of people to cheaper areas, which then raises those prices too
Not experienced that where I live. I live on a London commuter line and it seems pretty one into London or somewhere better and one out. My experience though I don’t know any statistics or have any to show.
And you’ve just explained the laws of economics and the world goes round and round.
I think what your saying is we should consider communism then? Lol
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I agree that in some jobs it’s tough. The problem is the job is underpaid not that the houses are overpriced as the market sets the price. Though I do think london needs a price recorrection though.
However in all fairness if someone chooses to be a cleaner for example and there’s no harm in that they must accept that they won’t ever be well off enough for home ownership. Now if that cleaner decides I love cleaning and I want to earn more they can go self employed, start their own cleaning business build it up. Hey Presto! They still are a cleaner but all of a sudden are producing a very attractive income.
It’s not about the job it’s about the right time. A nurse at some point will be able to afford to buy. Maybe not in central London but that’s the compromise they have to make.
I earn well into 6 figures and even I couldn’t afford central London unless I had no luxuries. That’s why I choose to live in the Midlands. I can have a nice house, car etc. The problem is up here the crime is getting too much.
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I cannot wait for the market correction that Brexit will bring
I really hope Brexit causes the ass to drop out of the market slashing prices so that people can actually afford a home without having to drop £50k+ on deposits etc however the flipside to that will be the landlords with portfolios swooping in to by said properties and charge thousands a month.
The poor mans loss is the rich mans gain
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Oh yes!
I think london and the South is in trouble there.
Interestingly up by me prices still seem to be rising after a blip last year. People think HS2 will change the world bit I’m not convinced. Though by the way HS2 is budgeting I might be dead by the time it’s completed.
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I am surprised Brexit wasn’t said sooner in this thread tbqh.
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If the market slumps that much I think it will be a little more complicated than that.
The housing market is a powerful force. If it goes pear shaped so will a lot of other things like in 2008.
So yet again people will moan about not being able to afford to buy.
There’s a solution to all of this though.
Stop worrying about what they can’t do and start thinking positively about how they can make it happen.
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