metalblue
Well-Known Member
My niece is 23, she moved out a few years ago with her boyfriend rented a flat down oldham rd near miles platting, rent was about £800 a month, landlord got greedy and upped it after a year to £1100! She moved back to her mum and dad’s with boyfriend in tow. They stayed for around 8 months then decided they wanted to ive to the city centre, rent is around £1200-1300 a month. So instead of saving for a deposit whilst living at her mums they are now blowing close to £15k a year in rent! They could’ve bought a house in Oldham (ye I knew not the best) near her mum for around £120k. Get on the ladder and then move up, but she like many see what others in socia media have and want that lifestyle, she could’ve been paying half that in a mortgage and having a better life, ut she knows better will get to her 30s and be fucked, what happens to all these renters when they retire, unless they have huge pensions they’ll never afford a decent place to rent, but they live for the moment these days and don’t seem to care about their futures.
Quality post that pal, nail on head.
She’s funding someone to own a house they can’t afford without her rent.