Why Are Uk Houses So Expensive?

[Jack8991]

So I’m a teacher earning around £30,000 a year, 23 years old living at home with parents. My grandma was saying that when she dies (which hopefully isn’t for a very long time), I could buy her house, which is a semi detached estimated between £190-200K. I’ve been told by a family friend who is in banking that on my salary I’d be leant roughly £90-100K for property, so I always tell my gran there’s no way I could afford it as I’d have to put a deposit down of about £90-100K just to be loaned the rest. Even a lot of terraced houses are out of my price range. I just find it frustrating that I’ve worked hard since being at school to go on to get a degree and a career to not even be able to afford my own home. I know there’s renting but I don’t want to be paying out for a house I’ll never own until I die. Thanks

[TheWinner]

Jack8991, trust me, there are many people on here who are looking for someone like you. xxx

[Jack8991]

The winner - would you be able to point me in the direction of these people for future reference lol?

[tonyav]

Hang on ! is AB now a dating site ?
( although I know things have happened in the past ).


Why Are Uk Houses So Expensive
Supply and demand I'm afraid, our small island doesn't grow but the population does.

[Ringlet]

Your time scale is a bit of a puzzle to me. You say you are 23 years old. You also say that you used to be a supply teacher, you used to be a high school RE teacher and now you are a primary school teacher.

At 23 years old, you would be only very recently qualified as any kind of teacher - so when did you do all the various jobs of which you are suggesting you have experience?

You also seem to have a strong sense of entitlement. OK, you lived in a nice house in a nice area when you were growing up, and it seems you are still living there with your parents. But it isn't your house - it's your parents' house. They financed it, so you really can't look upon such "luxury" as your right. You have to work for it.
And that takes time. So you need to get used to that idea.

[tonyav]

Should be BA, Ringlet.

[sanmac]

I agree, Jack appears to ooze immaturity.

[bobbinwales]

You may find your grandmother leaves you tge house or at least a fair chunk of its value on her will. Thats sadly how some get on the property ladder, there only chance in some where like London is to be left a inheritance

[Neveracrossword]

Bobbinwale, there's a third share of the house going to Jack - see his post at 23.03.

[Jack8991]

Ringlet- when I was a supply teacher that was my time as a high school teacher, as I was teaching in different high schools

[Jack8991]

Ringlet- also, like I’ve said in this thread countless times, I’m not asking for a semi detached house right now, what I was saying that looking at the prices of them, I’d be saving for years from now and I still wouldn’t have enough. I’m a teacher, so clearly I am working for it. The deacon from my Church lives in a terraced house in Wigan, and he was always complaining about his next door neighbour because they were drug addicts. I don’t particularly want to be living next door to people like that. The rougher areas you go living the higher the chance of getting neighbours like that, which is not what I want

[Jack8991]

Sanmac- why do I? Everything I have said is factual information

[davebro]

Not everyone who lives in a more affordable property is a low-life. Flats around here go for about £80k-100k, there are no druggies or drunks & neighbours a very respectful of each other.

[davebro]

oh - and the ground floor flats have gardens & sheds!

[Jack8991]

I definitely think the main thing that would help is having a partner. I know of a girl who is only two years older than me and her and her boyfriend are living in a detached house with two young kids. Don’t know how they manage financially. Meanwhile I’ve never even been on a date lol

[davebro]

Well ask some women out for date - the worst that can happen is they say NO!

[Jack8991]

Dave bro- well that’s hard when you don’t know any women in real life, all the women at work are much older and married. I’ve been on every dating app I can think of but they only work for guys who are at least a 7/10. I tried cold approaching in the gym but they just made an excuse to leave and I think cold approaching is risky in today’s society anyway

[Bazile]

Just say your name is Derek Duvall - international business man with offices in London, New York , Rome .

The gals will soon come Flocking to you

[naomi24]

Jack, what happened with that girl in your art class?

[Jack8991]

Bazile- I disagree as most women (contrary to common belief) are not all gold diggers. Saying you have money on a dating app will get you some matches, but it sure won’t get you as many matches as the 6ft 3 guy with a chiseled face and jawline. Dating apps are 100% on looks and that’s all you need to be successful on them

[Jack8991]

Naomi- yeah that kind of fizzled out unfortunately