Homeowner Dreams www.chloemetzger.com

Homeowner Dreams

There was once a time when owning a home was a milestone that the majority of people reached. It was a milestone of growing up, something you did before starting a family. When my Mum and Dad bought their house in 1996, this was the case, they’d never even had to rent before. Skip forward more than 20 years and meet me, their eldest child, and part of generation rent.

Think back to when you’d ask people what they would do if they won the lottery. Buy flash cars, luxury holidays etc. Now, say you won 20K on the lottery, in the South East of England that might get you a deposit for a small house. Not the whole house, just a deposit on a house. This is what young people like us are facing.

Will Young People Ever Be Able To Afford Their Own Homes?

The majority of you reading this are in the same position, the prospect of being able to save enough to merely put down a deposit on a house is more than most 20-somethings make in a year in their area. But, don’t forget people think if we bought fewer sandwiches, we could make the sacrifices to find that money…I’m not kidding that’s a genuine article I’ve linked to.

I don’t know when, or how, owning a home became something seemingly unachievable for most young people. While some are able to live at home until they are in their mid-twenties and save, that is not the case for the majority of us. That and we want our own space, not to live with our parents until we’re between 25 & 30. I don’t go on expensive holidays, I don’t drive an expensive car (I saved for 3 years while at uni for my current car), I take lunch with me most days but I am still paying almost double a mortgage to live in a 1 bedroom flat.

While my partner and I try and work out how we will be able to manage to try to scrape together money to put towards our own home, the prospects look increasingly bleak. A lack of affordable housing and sky-high deposit payments are just the tip of the iceberg. We’re told to give up any luxury, move out of certain places where it’s cheaper etc, this is completely ignoring the issues at hand. Most of which centre around greed.

I know this might have come across as a rant but, truly, this is a post born out of frustration. It doesn’t matter how good you are with money, we’re going back to a state of working people missing out. If you are able to get help from wealthy relatives, you might make it. Although for the average person Homeowner dreams have become just that, dreams.

What are your thoughts on becoming a Homeowner? Have you managed? Let me know in the comments below!

3 thoughts on “Homeowner Dreams

  1. msgracefulnot says:

    For me? I lived on ramen noodles, had a cardboard box as a coffee table, and worked my ass off….no eating out, no gym memberships etc. Can you tell I’m an old lady? 44 is NOT that old :P, So let me tell you about how my 26 year old daughter did it…… ramen noodles , cardboard box as a coffee… you get the point? Ok, now it wasn’t that easy, they did make a lot of the sacrifices that I mentioned above though. They also moved back in with me for a year…the “rent” they “paid” me went back to them as their down payment. It’s tough, but it can be done…make a plan and stick to it. Good luck!

    Liked by 1 person

    • chloemetzger says:

      Thanks for the comment! I’m glad you managed it and your daughter too! It can definitely be done, I wish we had the opportunity to move in with family to save but unfortunately it’s not possible! Thanks for reading 🙂


      • msgracefulnot says:

        😦 how about a roomate situation? It’s a REAL stress on friends ships, but might help in the end. Ok ok…stop trying to be your parent. Truly the best of luck to you


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