This weeks announcements about the ‘housing crisis’ and the plight of the poor snowflakes who can’t get on the housing ladder has caused me to think back to the ‘bad old days when I were a lad’ and how it was so much easier for my generation. Not.
Here’s how it used to work :
(1) You can’t afford to start with a four bedroom detached house in the same street where your parents live. You have to start with a one bedroom flat in a cheaper area and commute. That’s reality. Get used to it, snowflakes!
(2) You can’t afford to buy it on your own as a single person. In our day you decided to get married and bring two incomes to the table.
(3) You haven’t got a deposit so you have to save for one. This means you and your future partner opened a joint building society account and went without the simple things in life like going out every night with your mates, eating out instead of cooking at home, buying your coffee in Starfucks – that sort of thing. It’s called ‘making sacrifices’.
(4) After three years of saving, you went grovelling to the building society to apply for a mortgage. This was based on joint incomes, not a single income, and you had to prove by saving regularly that you (a) had a deposit and (b) could make the repayments. If you were very very lucky then you could get away with a 95% mortgage. 100% or higher was unheard of! 90% was the norm.
That’s how easy it was for us – which is why it makes by piss boil when I hear the entitlement generation whinging and bitching on about how it was so much easier for us and how they’re never going to be able to afford a home of their own. Reality seems to be something that simply doesn’t impinge on their view of the unfair, harsh cruel world that they’re living in.
In this life, you don’t get ought for nought. You have to earn it like we had to.
Get used to it…!