Do you own your own home?

It's my house, and I live here...

  • Total voters
    55
Genuinely can't believe the prices of some areas, or why people would choose to pay that much to live there.
 
I know a few people who live on boats and honestly the reality is pretty GRIM but it is by far the cheapest way to live in central London, although I feel like a crackdown is due now that EVERYONE and their dog is doing it.
 
I suppose it depends on the boat, I’d happily live on the one Kate posted, but they’re not all so LUXURIOUS.
 
Aren't boats a horrific investment though? Surely they only depreciate in value.
 
Well then we're back to the question of why you would treat property as an investment rather than a home.
 
Kate said:
Well then we're back to the question of why you would treat property as an investment rather than a home.
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Oh sure, if you can afford it and it makes you happy, go ahead!

I was just thinking about the maintenance, and the fact that if you wanted to move on at any point you'd be more or less back at square one.

I have a friend who lives on one in Cambridge, but he's a full hippy and sure as hell didn't pay that much for it!
 
ButterTart said:
I can’t see myself buying a house in this country. I’m going on A Place in the Sun so Jasmine can set me up with a two bedroom townhouse with sunroom and semi-separate kitchen.
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I'm sure you can be an honorary gay in the aforementioned Moopy Ghetto. Well you will be if they want any of my millions to go towards it, anyway.
 
lolly said:
OMG, Star could totally set up MOOPYTOWN

It will have to be somewhere GRIM initially, but imagine a GAY GHETTO :disco:
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And I could finally set up my dream of a Moopy Retirement Home for ageing homosexuals :o
Imagine the fun we'd have with our live ASFM/Karaoke/album plays in the communal living room.
 
VoR said:
Oh sure, if you can afford it and it makes you happy, go ahead!

I was just thinking about the maintenance, and the fact that if you wanted to move on at any point you'd be more or less back at square one.

I have a friend who lives on one in Cambridge, but he's a full hippy and sure as hell didn't pay that much for it!
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I think you can pick one up for like £25k, which even if it depreciates to nothing over 10 years would still be a fraction of the price of renting a place in London for the same amount of time.
 
Yes, we bought a 3-bed townhouse 3 years ago just a 10 minute drive from the city centre for €225k. We were extremely lucky at the time as house prices skyrocketed here shortly afterwards.
 
My manager at work has just bought one though and it sounds like a fucking NIGHTMARE so far!
 
Reading this thread is really dispiriting - things are so much worse than were even 10 years ago.
 
Star said:
And I could finally set up my dream of a Moopy Retirement Home for ageing homosexuals :o
Imagine the fun we'd have with our live ASFM/Karaoke/album plays in the communal living room.
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Imagine the SCENES. Hopefully the Retirement home is welcoming to the elderly fag hags too.
 
Kate said:
Well then we're back to the question of why you would treat property as an investment rather than a home.
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I think for us, it's less about investment and trying to obtain the nicest home etc, and more how we can live somewhere that isn't a complete dive rent-free save for the basic bills. That feels like a much happier goal, ultimately having a bit more free cash or conversely then being able to work a bit less instead, either/or. Otherwise it's a long old road.

We've definitely considered the caravan route (for about 2 minutes)
 
octophone said:
Reading this thread is really dispiriting - things are so much worse than were even 10 years ago.
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Unfortunately the rate of worsening only seems to be accelerating.

When my parents bought in 1964, the house cost £600. Obviously wages were a lot lower then, but my dad was 20 and working for my Gay Great Uncle RIP at that point, who had a shopfitting business. My uncle bought the house outright for him, and my dad paid him back out of his wages over 5 years.

Imagine.
 
Presumably because we still love to tug our forelocks to feudal lords, as evidenced by the popularity of the Conservative party. :manson:
 
Oh I totally wonder WHY THE FUCK DO YOU CHOOSE TO LIVE IN LONDON when I realise that plenty of people who live in the suburbs around Bristol think the exact same about us.
 
lolly said:
I'm sure we could buy a LOVELY house in Weston Super Mare

But I'd never call it LIVING
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lolly said:
Unfortunately the rate of worsening only seems to be accelerating.

When my parents bought in 1964, the house cost £600. Obviously wages were a lot lower then, but my dad was 20 and working for my Gay Great Uncle RIP at that point, who had a shopfitting business. My uncle bought the house outright for him, and my dad paid him back out of his wages over 5 years.

Imagine.
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I read that as “shoplifting business”
 
As soon as a) anywhere else in the country has a choice of alternative nightclubs for aging goths every weekend and an extensive Meetup network for making new friends who don't have kids and like going to the pub at every opportunity, or b) I have had enough of going to alternative nightclubs and having friends, I might think about leaving London. Until then I'm FINE IN MY OVERPRICED SHOEBOX THANKS.
 
London for me is home and the only one I’ve ever known. All of my immediate family are here - in fact my mum was in West Sussex for 15 years and never felt comfortable, so after her divorce she came back to where she has always belonged. Luckily the sale of their house afforded her to buy a very nice one bedroom flat for cash.

I don’t understand people who live and stay with no major job or connections keeping them here though (referring to my flat-mate again).
 
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