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Wesley

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Posts posted by Wesley

  11. Posted

    I love throwing stuff away.

     

    Pretty much everything I own back home has been thrown away.

     

    I've not needed/missed it for 3 years while being at uni... so...?

     

    It's great.

     

    *throws away everything*

  19. Posted

    Fuck knows how most of us will get a foothold on the property ladder.

     

    It's not even the case of people's attitude/saving ability.

     

    Look at the trend of housing prices over the last 20 years and then look at the average incomes for that period.

     

    Doesn't take an expert to see that it's not great for your average Joe.

  22. Posted

    It's entirely possible. I could probably get a mortgage right now if I wanted to (hell, people in my lab in the exact same position of me have got mortgages and they're on an even lower stipend). I earn 18.5k per year (tax free PhD stipend) but 2 people in my lab are on 16k and have got mortgages for houses in London. Obviously not far from central London as our lab is as central London as you can get (UCL, right near Euston station) and they get here pretty quickly, so they're living reasonably close to London on a PhD wage.

     

    It's all about not spending too much money and saving where you can. If not for a mortgage, something important.

     

     

     

    Again, see above 2 examples. It is possible, you have to be good at saving though. Also assuming you believe you will one day earn a higher salary (I'd hope you think you will) you would need a deposit to take out a mortgage, so saving rather than spending everything every month is good in the long term.

     

    The problem I have with this is the simple fact that mortgages aren't even necessarily suitable for a lot of people.

     

    The amount of people on here who've been moving from one place to another for jobs...

     

    You've just been quoting nightwolf and ReZ.

     

    Nightwolf has been moving around the country since graduation for different jobs.

     

    ReZ is a rapist.

     

    But also ReZ not so long ago lost his job due to redundancies (and probably being a rapist) - he managed to find another job while not moving, but many would have to move to find another job they enjoy.

     

    It's just not practical to be tied down to a mortgage for a lot of people.

     

    Of course you could just sell-up and buy somewhere else, but then how much money are you losing through all that bullshit paperwork?

     

    A lot of people in my family moan about renting, saying it's money down the drain and you're not "getting" anything in return.

     

    I just don't see it.

     

    I don't get the obsession some people have with "owning" property.

     

    Fuck if you own it, you're just in the banks pockets.

     

    Makes sense for some.

     

    Not for others.

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