Sinn Fein? They have gone away, you know.

[LC]

https://www.bbc.co.uk/news/world-australia-67723760

Housing probably a major issue in the next election. But it isn't just an Irish problem.

Read the article, scary stuff but not surprising.

My kids are still relatively young yet but I am already making provision to be in a position to support them in years to come and / or else give them a bit of a head start in life.

Back in my day I was able to get through uni, get married and buy my first house all under my own steam without any support from the folks.  No matter how much a grafter any young person his now they will still need substantial support (primarily financial) to get through the main stages of life I referred to above.

Be prepared to have a lot of money, student loans won't cover rent should they move from home to a college across the water or far enough that living at home isn't an option.

I've covered both their rents, to 'help' lessen their burden, that's on top of my own mortgage, throw in the current cost of living, that help will require more funding.

Add in the sos calls of "I've no money" I'm not sure what's been siphoned out behind my back too..

So fair fecks for adding additional help for them to get on the property ladder!

I hope they don't get married 

Part of our planning has been and hopefully will be the case that the summer the eldest finishes secondary school is the year that our mortgage is paid.  Just a few more years to go and has not been easy in that we have had to make a few sacrifices e.g. drive a sh@t car, but at least its paid for.

I have resigned myself that on presumption oldest goes to Uni will be covering their rent and potentially that of siblings coming behind as a minimum.  No way I could do this and cover a mortgage at the same time.

[seafoid]

This was a good example of a US voice joining a Brexit scrum against the Brits. The Shinners still need this.

https://youtu.be/R_byygue6gs

[Milltown Row2]

I've a good friend who's three kids all got apprenticeships with PWC, no loans, no rent paid, all qualified in finance with degree qualifications plus earning a wage!

Not everyone wants a job in finance of course but this needs to be looked at in other professional roles, as it works well in the skilled sector.

Oh other added costs, flights for the wee ones at term time lol! 

[trailer]

https://www.bbc.co.uk/news/world-australia-67723760

Housing probably a major issue in the next election. But it isn't just an Irish problem.

Read the article, scary stuff but not surprising.

My kids are still relatively young yet but I am already making provision to be in a position to support them in years to come and / or else give them a bit of a head start in life.

Back in my day I was able to get through uni, get married and buy my first house all under my own steam without any support from the folks.  No matter how much a grafter any young person his now they will still need substantial support (primarily financial) to get through the main stages of life I referred to above.

Be prepared to have a lot of money, student loans won't cover rent should they move from home to a college across the water or far enough that living at home isn't an option.

I've covered both their rents, to 'help' lessen their burden, that's on top of my own mortgage, throw in the current cost of living, that help will require more funding.

Add in the sos calls of "I've no money" I'm not sure what's been siphoned out behind my back too..

So fair fecks for adding additional help for them to get on the property ladder!

I hope they don't get married 

Part of our planning has been and hopefully will be the case that the summer the eldest finishes secondary school is the year that our mortgage is paid.  Just a few more years to go and has not been easy in that we have had to make a few sacrifices e.g. drive a sh@t car, but at least its paid for.

I have resigned myself that on presumption oldest goes to Uni will be covering their rent and potentially that of siblings coming behind as a minimum.  No way I could do this and cover a mortgage at the same time.

Saving ourselves for kids futures. Whether it's university or Mortgage deposits. Gonna be the way if you want your kids to have a chance to go to college or get on the property ladder.
Using property to do that ourselves unfortunately.

[Milltown Row2]

So is getting a house going to be impossible without help?

Mortgages will be over 35 years nowadays rather than the traditional 25..

If they want a house they'll have to do it the same way I did, you save. You get a house when you can afford it.

People rushing out and living out of the house before they are married makes it difficult, staying at home allows young ones to save while not having big outgoings

My eldest daughter has found that when she has to pay her own rent that it stings!

She'll be back after this current rental is up, get a normal job and start saving!

The bank of mum and dad has to stop at some point.

I'm plotting my retirement now, head down, work hard and save!

[Deerstalker]

So is getting a house going to be impossible without help?

Mortgages will be over 35 years nowadays rather than the traditional 25..

If they want a house they'll have to do it the same way I did, you save. You get a house when you can afford it.

People rushing out and living out of the house before they are married makes it difficult, staying at home allows young ones to save while not having big outgoings

My eldest daughter has found that when she has to pay her own rent that it stings!

She'll be back after this current rental is up, get a normal job and start saving!

The bank of mum and dad has to stop at some point.

I'm plotting my retirement now, head down, work hard and save!

Years ago you didn't need a deposit and the average multiple of earnings needed for a mortgage now compared to 30 years ago aren't even close, along with debt such as credit cards and car repayments that just didn't exist two generations ago

[Milltown Row2]

My first house required a deposit, albeit it was 5%, that was 24 years ago..

The problem with society today is kids want things right away, the new car, having 2 cars at that, the holidays and city breaks, the 3 grand sofas and top end kitchens and appliances 70" tv and the list goes on.

Why was it ok for the 2 generations ago people to settle for and not todays?!

[trailer]

My first house required a deposit, albeit it was 5%, that was 24 years ago..

The problem with society today is kids want things right away, the new car, having 2 cars at that, the holidays and city breaks, the 3 grand sofas and top end kitchens and appliances 70" tv and the list goes on.

Why was it ok for the 2 generations ago people to settle for and not todays?!

This is f**king bollocks. Same shite about lattes and Netflix subscriptions. My Da's first house was £800. He earned £250 a year roughly. Now a house is £200k (here anyway more in the south and GB). Good wage out of college is £25k maybe £30k. Saving 20k for a deposit would take years while trying to live, pay rent etc.
The problem with society is that people see housing as an investment and not a human right.

[LC]

My first house required a deposit, albeit it was 5%, that was 24 years ago..

The problem with society today is kids want things right away, the new car, having 2 cars at that, the holidays and city breaks, the 3 grand sofas and top end kitchens and appliances 70" tv and the list goes on.

Why was it ok for the 2 generations ago people to settle for and not todays?!

Drive past any school now and the standard of cars with R plates (some even with personal reg) tells its own storey.

Whether I can afford it or not I will not be buying my youngster a car when they are 17.

They will get insured on my banger.

At least this way when ever they get their own first car properly they will at least appreciate it as it will be on the back of their own graft.

[seafoid]

My first house required a deposit, albeit it was 5%, that was 24 years ago..

The problem with society today is kids want things right away, the new car, having 2 cars at that, the holidays and city breaks, the 3 grand sofas and top end kitchens and appliances 70" tv and the list goes on.

Why was it ok for the 2 generations ago people to settle for and not todays?!

A lot of stuff is bought on credit and savings levels are much lower than they used to be. That is not ideal.

[Milltown Row2]

My first house required a deposit, albeit it was 5%, that was 24 years ago..

The problem with society today is kids want things right away, the new car, having 2 cars at that, the holidays and city breaks, the 3 grand sofas and top end kitchens and appliances 70" tv and the list goes on.

Why was it ok for the 2 generations ago people to settle for and not todays?!

A lot of stuff is bought on credit and savings levels are much lower than they used to be. That is not ideal.

That's on them, I saved for a year nearly every penny and worked 7 days a week leading up to getting a deposit for a house.

I'll help as much as I can, but, there is a limit. Some selfishness too I suppose, you get one crack at this life, enjoy the fruits of your labour and if there's any left over they can have it.

I'll be hopeful that they'll get decent jobs, meet someone and then they'll follow the blueprint, instead of expecting things to just land on their lap.

Social media is putting a serious amount of people in debt

[Rossfan]

Send yer kids to the 26 after the next Election

https://www.sinnfein.ie/housing-4

[Tony Baloney]

Definitely a balance to be achieved. Like MR I'll help where I can but I'm not planning to work myself into the grave to set up the weans when they have 40 to 50 years of life ahead of them to get what they need.

My first house required a deposit, albeit it was 5%, that was 24 years ago..

The problem with society today is kids want things right away, the new car, having 2 cars at that, the holidays and city breaks, the 3 grand sofas and top end kitchens and appliances 70" tv and the list goes on.

Why was it ok for the 2 generations ago people to settle for and not todays?!

Drive past any school now and the standard of cars with R plates (some even with personal reg) tells its own storey.

Whether I can afford it or not I will not be buying my youngster a car when they are 17.

They will get insured on my banger.

At least this way when ever they get their own first car properly they will at least appreciate it as it will be on the back of their own graft.

Most of my middle son's mates are driving Golfs and A-Class Mercs. One of them has a brand new Focus. Most of the parents are business owners and no doubt working them through the books.

He will be doing the test in a few months and he'll either get insured on his brothers 1.1L Fiesta or we'll buy him something of similar quality, but it won't be a pile of money.

[RedHand88]

Have you noticed how every single thing you go to buy online has an option for finance? Even stuff at £100 or less. Why pay £100 when you can pay £33 a month for 3months on Klarna etc etc.
If things are so tight that you can't afford to spend £100 on something you really should wait until you can.

[AustinPowers]

My first house required a deposit, albeit it was 5%, that was 24 years ago..

The problem with society today is kids want things right away, the new car, having 2 cars at that, the holidays and city breaks, the 3 grand sofas and top end kitchens and appliances 70" tv and the list goes on.

Why was it ok for the 2 generations ago people to settle for and not todays?!

A lot of stuff is bought on credit and savings levels are much lower than they used to be. That is not ideal.

That's on them, I saved for a year nearly every penny and worked 7 days a week leading up to getting a deposit for a house.

I'll help as much as I can, but, there is a limit. Some selfishness too I suppose, you get one crack at this life, enjoy the fruits of your labour and if there's any left over they can have it.

I'll be hopeful that they'll get decent jobs, meet someone and then they'll follow the blueprint, instead of expecting things to just land on their lap.

Social media is putting a serious amount of people in debt

Should parents not  be partly to blame for raising  kids who just want want want?

Two families near us : both sets of kids around same ages .  One set demanded/got  everything they wanted growing up,  now have no idea the value of money. Want want want all the time. If they got a fiver or 1000 quid , it'd be gone  in hours.  They work but spend everything they earn , always on the borrow , never paying back or. COntribute. Never save even  though big events coming up.  They know parents  will bail them out

Other set ,  the opposite. Knew from early age  they wouldn't get everything they want. Made to save up  or wait for things.  All sensible with money , although not  tight arses either  with it. They know the value of it. Most importantly they know if they blow all their money ,  they won't get more handed to them. 

The reason for  the 4 spoilt kids in one house , is  clearly their upbringing/parenting