This MP claims he can't afford to buy his own home on £70k salary. Sounds like he can't manage his money to me.http://www.standard.co.uk/news/politics/conservative-mp-admits-he-cannot-afford-the-deposit-to-buy-a-house-a3176886.html …
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@JuliaHB1 seems a bit harsh to tell all wannabe home owners that they can't go on holiday or dine out -
@joeltaylorhack@juliahb1 the difference is holidays and meals out are much cheaper than were for parents generation and houses aren’t. -
@AdamBienkov@JoelTaylorhack that is true, but I have spoken to dozens of young people who have no concept of deferred gratification. -
@juliahb1@joeltaylorhack average LDN first time deposit is £90k. You can go on holiday for a few hundred quid. Would take lifetime to save. -
@AdamBienkov@JoelTaylorhack but he's talking about buying a home in NW England, not London! -
@JuliaHB1@AdamBienkov there's been a huge increase in 20-34yr-olds living with parents, housing costs clearly a factor -
@JoelTaylorhack@AdamBienkov yes, they are a factor, but not the only one. Parental homes much nicer now than they used to be. -
@JuliaHB1@AdamBienkov saving money by staying with his parents to save money seems sensible to me. - 1 more reply
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