I remember my parents 'upsizing' to a terraced house in Brighton that cost the magnificent sum of £3,000! Must have been late 1950s or even early 60s (we moved a lot!).
Now, my daughter and SIL with 2 babies are paying £1,000 a month rent in Crawley, and trying to save for a preposterous mortgage deposit in order to get a mortgage from lenders who don't want to lend to anyone!
How will they ever afford their own home?
Perhaps we're moving away from a home-owning society to a more European model where renting is considered the norm? Trouble is, rents are ridiculously high due to huge demand.
All I know is, I'm glad I'm not a youngster in this day and age .
Our generation really did have the best of everything!
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