Must.... Own....property....

[D'oriel]

What is it with our compulsion to own property?

People bend over backwards to scrap together all the cash they can possibly get hold of, to put a deposit down.
You have men and women in their twenties, and even thirties, moving back home with their parents, just so they can purchase in a year or so.

Why?

If buying a property meant that I would have to forfeit independence, then I don't think I'd want it. And I'm genuinely surprised at the amount of people who do.

What do the majority of Irish and British people have against renting for decades?

I come under this as well, as I've been looking into ways in which I can buy a place, and I wonder why I bother thinking about it. If you find a place you love, and you live there, why not just stay their? Why bother with the hassle?
If you have the cash fine, it's a longterm investment and security, but if you don't, why break your skull to try and make it happen?

I find our whole outlook on this bizarre.

 

[pudgee]

If we had better rental systems, it wouldn't be a problem.

Blah blah Sweden blah

 

[hiawatha]

If we had better rental systems, it wouldn't be a problem.

Blah blah Sweden blah

Börk! Börk! Börk!

 

[i_didnt_do_nawtin]

Börk! Börk! Börk!

Icelandic

 

[pudgee]

Icelandic

Fjitzy

 

[Limp Diego]

What is it with our compulsion to own property?

People bend over backwards to scrap together all the cash they can possibly get hold of, to put a deposit down.
You have men and women in their twenties, and even thirties, moving back home with their parents, just so they can purchase in a year or so.

Why?

If buying a property meant that I would have to forfeit independence, then I don't think I'd want it. And I'm genuinely surprised at the amount of people who do.

What do the majority of Irish and British people have against renting for decades?

I come under this as well, as I've been looking into ways in which I can buy a place, and I wonder why I bother thinking about it. If you find a place you love, and you live there, why not just stay their? Why bother with the hassle?
If you have the cash fine, it's a longterm investment and security, but if you don't, why break your skull to try and make it happen?

I find our whole outlook on this bizarre.

Totally agree. same applies to careers. Everyone needs to relax. Chill.

 

[HappyMonday83]

What is it with our compulsion to own property?

People bend over backwards to scrap together all the cash they can possibly get hold of, to put a deposit down.
You have men and women in their twenties, and even thirties, moving back home with their parents, just so they can purchase in a year or so.

Why?

If buying a property meant that I would have to forfeit independence, then I don't think I'd want it. And I'm genuinely surprised at the amount of people who do.

What do the majority of Irish and British people have against renting for decades?

I come under this as well, as I've been looking into ways in which I can buy a place, and I wonder why I bother thinking about it. If you find a place you love, and you live there, why not just stay their? Why bother with the hassle?
If you have the cash fine, it's a longterm investment and security, but if you don't, why break your skull to try and make it happen?

I find our whole outlook on this bizarre.

As you know i'm one of these people who have moved home in order to save money with a view to buying. There are a couple of reasons why i'd buy instead of renting.

The money you'd spend on renting would be roughly the same amount as you'd spend of a mortgage. So you'd be better off buying you're own gaff that renting someone elses.

Also the apartments for rent in ireland are of a completely different standard to the one on the continent. Most apartments in ireland are far too small in which to raise a family. For example my brother rents an apartment in cork with two bedrooms and living/kitchen area for about €1,500 a month. While for the same money a friend of mine in amsterdam rents a two story, 4 bed apartment with a large kitchen, large living room, private garden and access to a communal living area.

 

[northmallexile]

'Tis a folk memory of sherriffs and landlords setting our collective roof on fire with their demon yellow spleen.

 

[pudgee]

I'll sleep in the chicken coop

 

[D'oriel]

I know people talk the talk about our history having a sub-conscious effect - to what extent is that true?

This question goes to Number 3.



HM83 - I get your points, but the only perspective I can look at it from is mine. I live in a quite spacious 3-bed house with a private garden in quite central London. For 2 of us to buy something, it would be a tiny, pokey flat in a dodgy area.

To put myself under financial pressure to raise the deposit for that really isn't worth it, imo.
I like the idea of having my own place (if only so I could decorate as I see fit!), but I don't understand people who jump through rings of fire to get it.