Life passing by people in their 30s

Sunny Disposition

I’m read the Irish Times today. There was a long article about the housing crisis meaning people in their 30s are still living with their parents, and the negative impact that has on them.

I thought the people featured were very whingy, but it still made me think. Are there loads of people in their 30s living like teenagers? Will there be a lot of women who never have kids because they had no house of their own? Or are these people untypical?

The 30somethings I know generally buy houses, but some of them are at home until that point, never rent at all. It can’t be good for you to stay at home until late 20s-30s.

babyducklings1

https://www.boards.ie/discussion/2058319119/life-passing-by-people-in-their-30s

Saw that article too, but only the headline. It does seem there’s no where to rent. A lot of younger people are leaving, Australia seems to be popular. During the last crash they left because of lack of jobs and plenty of rental and now it seems to be the opposite! Would you blame them. What good is a job if you’ve no where to live??

Deeec

I think we need to stop looking down on people who still live with their parents. Intelligent people don't pay high rents if they don't have to - the sensible thing to do is stay at home and save to buy a home as soon as you can. This is what happened years ago and didn't stop anyone ' having a life'.

As regards young people leaving the country - it's not true in most cases that they are leaving because of the bad state of the country. Most I know left for the experience of living abroad or wanted to travel. Most will be back in a few years.

The bigger problem now is people seem to want it all. They have to have nice new cars, beauty treatments, designer everything, Weekend breaks one a month, a few hols a year, eat out a lot etc. Im early 40s and see this in my own friend group - they moan how they can't afford to buy yet never even try to save.

https://www.boards.ie/discussion/2058319119/life-passing-by-people-in-their-30s

Yes, quite a lot of 30-40 year olds continue to live irresponsibly; partying, not taking care of themselves, failing to save, spending recklessly, not developing and committing to a long-term plan. Of course, many people stay at home with their parents because they have no choice. Perhaps rents are simply too high. So that's a separate cohort.

But as another poster said, some people want to have their cake and eat it. They want a hedonistic lifestyle complete with Instagram pics of their latest expensive holiday, yet will complain they cannot afford to save for a deposit. They can't have it both ways.

They need to grow up a bit, take some responsibility, cut back on the greed, develop a long-term budgetary plan - and stick to it.

Blaming the government for your own failings is pathetic.

Car99

https://www.boards.ie/discussion/comment/121269875#Comment_121269875

In fairness though government housing policy is a failure and trying to fix it by competing with tax payers in the market to buy homes is making things worse for the working person.

lbunnae

https://www.boards.ie/discussion/comment/121269856#Comment_121269856

I don't know , really intelligent people work in a job where they can afford to not live with their folks in their 30s imo. Can afford to rent and save for a house. I still wouldn't look down on people for living with their folks though , rent is very high.

AyeGer

The housing options for single people in the bigger cities is pretty grim. Either rent indefinitely in house shares or stay at home with their parents.

I think everyone be they married and working poor, single, disabled etc deserve the chance to have an affordable property.

This country needs lots more housing and apartments. Built to a decent standard. Energy efficient and with good soundproofing. In particular we really need to up our game regarding apartment living. Too many horrendous unattractive apartments with terrible soundproofing out there.

dxhound2005

People who move to Australia will find that there is a housing crisis in the cities there. They could probably find cheaper property away from the cities. Same thing in Ireland, they could move to Longford.

https://www.propertypriceregister.ie/website/npsra/PPR/npsra-ppr.nsf/PPR-By-Date&Start=1&Query=%5Bdt_execution_date%5D%3E=01/08/2023%20AND%20%5Bdt_execution_date%5D%3C01/10/2023%20AND%20%5Bdc_county%5D=Longford&County=Longford&Year=2023&StartMonth=08&EndMonth=09&Address=

Cosmo Kramer

https://www.boards.ie/discussion/comment/121269906#Comment_121269906

Or they choose to live in a part of the country where renting and, in particular, buying a property is actually reasonably affordable. There are many such areas. Everyone seems to think they should be able to live it up in the most popular parts of the biggest cities. Life doesn't work like that.

Deeec

https://www.boards.ie/discussion/comment/121269906#Comment_121269906

I know everyone cant stay at home until they can buy but there is no shame in it. Those who can stay at home should - its a great leg up to get onto the property ladder. The notion that everyone should move out when their 18 is actually contributing to the housing crisis as housing is taken up by those who could live at home. The stigma of living at home needs to be removed. Of course there needs to be give and take on both sides ( parent and adult child) for it too work.

Housing was always expensive. No generation found it easy. Previous generations had a better ethic though towards saving for it and how to get to that goal though. The younger generation now need to realise they cant have it all - they have to make sacrifices.

lbunnae

https://www.boards.ie/discussion/comment/121269921#Comment_121269921

That's an option too , but I think mostly people want to live somewhere close to where they grew up in fairness. Rural Ireland can be a bit into themselves for us Dubs. But many Dubs do still make the change. I would definitely make the change as oppose to living with my Folks for years in my 30s. I don't see that as growing up.

Hoboo

https://www.boards.ie/discussion/comment/121269492#Comment_121269492

They buying houses now, or you mean free ones?

lbunnae

https://www.boards.ie/discussion/comment/121269924#Comment_121269924

Nah I agree it shouldn't be looked down on. I think in your 30s though you should make the effort to move out , one way or another. Previous generations were better at saving? Possibly true. But the price of a house price was 3/4 times their Income not 8/9.

Wanderer78

https://www.boards.ie/discussion/2058319119/life-passing-by-people-in-their-30s

yup, financialisation of our property markets has completely failed, it is now inducing serious, long term social and economic dysfunctions, so, go us!

https://www.boards.ie/discussion/comment/121269897#Comment_121269897

Both can be true at the same time - failure of government with housing and people being financially irresponsible.

One does not excuse the other.

Deeec

https://www.boards.ie/discussion/comment/121269933#Comment_121269933

Most of the people I know who are living at home in their 30s did move out in their 20s paid high rents and then realised they couldn't buy. They've now moved home to save. If they had lived at home in their 20s though they would be homeowners now. They thought the right thing to do was move out and rent when it wasnt.

I feel nowadays you need to be buying young ie in late 20s/early 30s. Those that are leaving it late and buying while having babies are finding it very difficult financially.

Citizen Six

https://www.boards.ie/discussion/comment/121269932#Comment_121269932

Sure the gubbermunt have all the houses on the market bought so they can give them away for free to “single men of fighting age”.

Murph85

https://m.independent.ie/news/brain-drain-fuelled-by-accommodation-crisis-as-young-professionals-seek-lower-living-costs-abroad/a1677330830.html

salaries are low here and accommodation costs mental in Dublin and the other towns. .

lbunnae

https://www.boards.ie/discussion/comment/121269989#Comment_121269989

Yeah average salaries have in no way increased in line with rent or houses prices at all. I think that's why younger people disagree and laugh at the financial responsibility line older people trot out.

Hoboo

https://www.boards.ie/discussion/comment/121269964#Comment_121269964

And to think there are irish families with two and three siblings all sitting on their arses since leaving school at 14, and they’re now in their early 20’s with no job, two kids, and STILL waiting for THEIR houses. Well they were offered one but it didn’t have a south facing back garden.

BrianD3

Much of Ireland's housing stock is underutilised - lots of "empty nesters" in houses that are now far too big for them. There are many reasons including environmental, social and financial why it is better for adult children to live in the family home for as long as possible.

The pressure that people feel to move out of the family home by age x is part of a sheeple herd mentality. Vested interests (i.e. anyone involved in the property industry) take advantage of this. Men are particuarly affected by this due to misandry and average men being regarded as utilities whose role is to provide for women. - hence we get sneers about men who still live at home, what a loser, his mammy probably still does his washing etc.

Remember during the property boom years the ad for a mortgage provider where a lad is bringing a girl back to his (parents') house to ride her and is hoping that his parents are not up. Also, from around the same time, John McGuire's I'm An Adult, Get Ne Out Of Here programme. Vested interests.

Deeec

https://www.boards.ie/discussion/comment/121270046#Comment_121270046

Wha - where did he mention or imply giving houses away to welfare tourists?

lbunnae

https://www.boards.ie/discussion/comment/121270038#Comment_121270038

For as long as possible?Social reasons?? Utter horseshite.

Peter Flynt

https://www.boards.ie/discussion/comment/121269875#Comment_121269875

Translation: Rapidash is a supporter of FF/FG.

Looks as if the "We all partied line" has now turned into "We're still partying".

Citizen Six

https://www.boards.ie/discussion/comment/121269995#Comment_121269995

Cool, what jobs are these?

lbunnae

https://www.boards.ie/discussion/comment/121270066#Comment_121270066

It's a very poor argument when you look at average salaries Vs average house prices or average rent even.

circadian

Boards must have a fascinating demographic. I wonder what the average age of the users is. I get the feeling that most regular users, especially outside of the niche categories, are probably pushing mid 40's with the uptake of new, younger users in steady decline for years.

BrianD3

Looks like the financially illiterate sheeple have arrived in the thread. Of course people are free to hand over their money to landlords and property vested interests and turf their children (that they probably shouldn't have had in the first place) out the door at 18, 21, 25 so they can continue the cycle. Because that's what other people do. Then stand there with your mouths hanging open wondering why your family can't build or pass on wealth.

lbunnae

https://www.boards.ie/discussion/comment/121270102#Comment_121270102

What are you talking about hahaha. Families should all just live with each other indefinitely is it? Hahahha

Peter Flynt

https://www.boards.ie/discussion/comment/121270082#Comment_121270082

Most users on here are extremely right wing, excessively selfish (but that's an Irish trait in fairness) and many are cronies/supporters of FF/FG trying to tell younger people they've never had it so good.

AyeGer

That’s an analysis but wrong imo. I don’t know where you get the notion they are FF/FG shills or extreme right wing. And selfishness being an Irish trait. Ridiculous

robbiezero

I used to think some of the houses in my estate were full time party houses with 4 or 5 cars outside them every evening.

But it was just their adult offspring home from work.

Deeec

https://www.boards.ie/discussion/comment/121270120#Comment_121270120

Firstly I have no interest in politics at all - I think all parties are as bad as each other.

So you believe the housing crisis is all down to the government. Do you believe that personal responsibility doesn't play a part in being able to afford a home of your own?

Peter Flynt

https://www.boards.ie/discussion/comment/121270139#Comment_121270139

How are people personally responsible for €2000-€3000+ pm rents in one bed apartments in Dublin with the government supporting US vulture funds buying up entire apartment blocks and housing estate with the sole purpose of ripping off an entire generation of Irish people?

The housing market is rigged and it's the government responsible for the rigging.

"Stick with us" said Leo like a 5 year old boy blushingly to the vulture funds over Zoom. . . . and they sat there and silently laughed to themselves.

Quitelife

Should there be a limit of how many houses a landlord or REIT can own ?

Larry Goodman for example owns over 2,000 houses / apartments through off shore companies for tax avoidance. What benefit is that to the country?

they are pricing young people out of the housing market

ancapailldorcha

I think this could have been an interesting discussion but it looks like it's going to be another finger wagging thread. Of course, the same people sneering at those suffering from the housing crisis will inevitably be the ones hysterically wailing when countries have to encourage more immigration to make up for the shortfall caused by people not having children.

Peter Flynt

https://www.boards.ie/discussion/comment/121270158#Comment_121270158

In the Dáil recently Varadkar admitted that whilst it's true that 80,000 emigrated over the past three years (vast majority of them young people), a similar number have returned.

He literally tried to take credit for forcing young people out of their own country (so that they could afford to work and save in another country) on the basis that they later returned.

rowantree18

I'm in healthcare and as such work with a lot of Indians in particular. They all buy houses, usually within 3 years of arrival. I'm not referring to any with family money. This is how they do it: live as a couple in one room in a shared house near work. Approx 400e each per month, allow themselves an additional 600e per month for absolutely everything else. Food, any travel etc. Save the rest - usually 2k each per month = 48k per year as a couple = nearly 150k deposit in 3 years.

There are no nights out, coffees, necessary clothing only, no holidays. A lot of communal cooking which can double as socialising. There is basically no unnecessary spending of any description. Colleagues and spouse are just about to sign off on house in a very expensive location by living this way.

I fully accept most of us Irish just couldn't, but it can be done......

ancapailldorcha

https://www.boards.ie/discussion/comment/121270178#Comment_121270178

Of course he did. He's not going to actually do anything or even admit to there being a problem.

I toy with the idea of coming back to Ireland. I found an interesting job near Dublin. I don't drive so I'd have to live nearby. I went on Daft to check out the accommodation situation. I found one place for €2,500 s month. Granted, it was a 4-bed but it was literally the only thing in the area.

If people want to sneer they can but it says quite a lot about them.

Greyfox

https://www.boards.ie/discussion/comment/121269938#Comment_121269938

Your unfairly blaming young people, your 30's are supposed to be a time of enjoying life and doing things you might not be able to do when you are older. The current government have f**ked people over, the cost of renting and home ownership is now off the charts and our government are still not treating the housing crisis as a crisis. A few decades ago the government had the excuse that their was no money in the country but that's certainly not the case today.

Peter Flynt

https://www.boards.ie/discussion/comment/121270183#Comment_121270183

So these individuals are working in the public sector and they are EACH coming out with a NET €3000 per month? This means their salaries would have to be at least €70,000 EACH.

Just so you're aware they would have to be working for 20+ years as a nurse or teacher in Ireland to be on that net wage.

"It can be done". . . Of course it can on a combined salary of €140,000-€150,000 per year.

The fact that you have to justify such a large combined salary can only come with a deposit for a house after three years of sacrifices which would involve renting with someone else clearly says it all.

BlueSkyDreams

https://www.boards.ie/discussion/comment/121269989#Comment_121269989

Good article, but the lack of accomodation is clearly the biggest problem.

When we cant fill the jobs because there is nowhere for people to live, the jobs wont be long in relocating themselves.

If the govt stops buying up/renting out private housing, professionals here would have more opportunity to get on the ladder or be able to rent somewhere themselves.

We do appear to have a population growth strategy that does not accord with our housing delivery.

That disconnect is only ever going to end badly.

More needs to be done to build homes. Everyone knows it, but nobody is doing it.

Citizen Six

https://www.boards.ie/discussion/comment/121270216#Comment_121270216

But when did that definition of your 30s begin? People in their 30s in the 80s and early 90s wouldn't have been that way would they?

Peter Flynt

https://www.boards.ie/discussion/comment/121270189#Comment_121270189

On the sneering I hear a lot of older people in public random conversation asking others "Where are you living?"

Peter Flynt

https://www.boards.ie/discussion/comment/121270240#Comment_121270240

In fairness it was tough in the nineties when the average price of a semi-detached new build was £40,000.

Citizen Six

https://www.boards.ie/discussion/comment/121270253#Comment_121270253

Maybe so, but you couldn't get a flat white or smashed avocado anywhere!

FishOnABike

https://www.boards.ie/discussion/comment/121270139#Comment_121270139

Largely to successive government policies. My parents could buy a three bedroom house for 4 x a single public service salary.

Nowadays it would be a struggle for a two income public service household to rent, let alone buy a three bedroom house in almost any Irish city.

House price inflation has far outstripped wage increases over time. This is largely due to lack of supply.

Social housing stock was sold off and not replaced. Local authorities left supply of social housing to private developers and then compete with private buyers for the limited housing supply. This is purely down to government policy.

Peter Flynt

The policy of FF/FG/Official Ireland is to allow young Irish people to emigrate and bring in cheaper foreign national alternatives, mainly from Asia. This has been happening in Health for years and the plan now is for this to occur in Education also.

FintanMcluskey

https://www.boards.ie/discussion/comment/121269856#Comment_121269856

The bigger problem now is people seem to want it all. They have to have nice new cars, beauty treatments, designer everything, Weekend breaks one a month, a few hols a year, eat out a lot etc. Im early 40s and see this in my own friend group - they moan how they can't afford to buy yet never even try to save.

Excellent point. A similar rhetoric exists across all aspects of society nowadays.

In reality life has never been as good for people in Ireland.

Another recent phenomenon is listening to entitled **** baying for a recession so they might pick up a cheap house all the while enjoying 4 or 5 foreign holidays a year. Scum

Peter Flynt

https://www.boards.ie/discussion/comment/121270292#Comment_121270292

So people looking to buy a house at a more affordable price are ****s according to you?

lol

This website really is the pits.

rowantree18

https://www.boards.ie/discussion/comment/121270229#Comment_121270229

As a staff nurse, not even nearly at the top of the scale (which is about 51k) you easily come out with 3000k per month into your hand when you factor in twillight differential, night differential, Sunday/Bank Holiday pay. You could easily work 4 Sundays a month as the desperation for staff is there. A bit of overtime bumps you up too. Neither of the couple is on 70k. I'm fully aware of the pay scale. And by doing a cns course (clinical nurse specialist) for example, you can effectively bypass the working your way up the pay scale. You don't need 20 years.

I'm not pushing this as a methodology for house acquisition - merely pointing out that it is possible . As the rights and wrongs of it - another topic.