I’ve finally bought a home, but mortgage pressure means it feels awful
The realities of modern price-to-earnings ratios mean first-time buyers have to make more compromises
The day before purchasing my first home felt a lot like my memories of being a seven-year-old on Christmas Eve — a sense of excited, giddy anticipation for what tomorrow would bring.
The marathon finishing line is behind me; I am now the proud owner of my own little slice of heaven. I may be eating takeaway pizza off cardboard boxes with a dust sheet thrown on them as a makeshift table, but I’m doing it in my own home, not my landlord’s.
Strangely, one of the most common reactions to buying, after the warm and heartfelt congratulations, is the suggestion that this means I can finally stop moaning and groaning about housing affordability. You made it! Why are you still complaining? But while I managed to get there, despite the odds being stacked against my generation, my housing woes have not been wiped clean…
To read this full article on how finally buying my first home hasn’t undone the damage done by extortionate rents, high house prices and consequent low economic growth, please visit i News using the link here: https://inews.co.uk/opinion/finally-bought-home-mortgage-pressure-awful-2735375