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10-02-2019, 17:52   #1
Little Less Conversation
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How can someone in their 30s afford a house - PLEASE READ MOD WARNING IN OP

I wasn't thinking of the future in my 20s, I was useless at saving and who wants a life long commitment in your 20s. The recession hit in my late 20s and I gave up work to go back to college. Then I spent some time unemployed. I eventually got some work but the pay was horrible. I'm upskilling again because a change in jobs wouldn't have done it.

Just how do people do it. I'm a long way off from getting any kind of a deposit together and even if I can get something, I don't think a bank would even look at me.

I'd be quite happy in a mobile home except you need planning permission for that and the only way you would get granted planning permission for a mobile home is if it's part of a new build and it's used as temporary accommodation.

How are we meant to get our own place?

MOD NOTE

Mod Note

I see we have a few new posters, welcome to Accommodation & Property. Please take a minute to read over the forum charter.

For everyone new and old, please leave out the personal digs/trolling/political soapboxing. We do expect a reasonable standard of posting here in A & P, some of the recent posts are well below reasonable.

Thanks

Last edited by Graham; 14-02-2019 at 11:14.
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10-02-2019, 17:59   #3
Poor Uncle Tom
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I'm sorry but that just reads like excuses. You know that to qualify for a mortgage you need savings and probably from both applicants, there is no way around it, 100% mortgages are not sustainable, try your local authority get some ideas from them about a starter home, you may also qualify for the Help to Buy scheme.
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10-02-2019, 18:00   #4
judeboy101
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Marry a farmers son or daughter
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10-02-2019, 18:07   #5
Tuco88
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Id say joint mortgage is the only hope.

But eh... feck thats another can of worms 🀣
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10-02-2019, 18:35   #7
astrofool
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Work hard for a few years, save as much as you can, try and get to the average salary, have a partner who also works, then it all becomes manageable.

Don't have a career, can't save, and plan to stay alone, then shared rent or live with parents.
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10-02-2019, 18:39   #8
Atlantic Dawn
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The bigger question is who the feck will be left to pay the far too generous state pensions when normal working people can't afford to live and breed in the country.
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10-02-2019, 19:02   #9
Alkers
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Lived in shared accommodation for a few years while saving a deposit, it's a lot cheaper than trying to rent a house just for yourself and partner. Dave a fixed amount every month, starting small when we weren't really planning anything and then when we had a plan we put everything we had into savings for about 18 monts
Bought when we were 30 & 31.
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10-02-2019, 19:03   #10
MSVforever
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It's possible. You’ll be surprised how much you can save. Obviously it depends on your circumstances.

Are you living in Dublin? Do you live at home with your parents or do you have your own place?

What is your current rent?

What is your net salary?

You can save a lot of money by doing the following:

1. Bring your lunch to work
2. Bring your own coffee to work
3. Don't get takeaways and don't go to restaurants
4. If you drink then don't go to pubs
Have a few drinks at home instead.
5. Quit smoking if applicable.
6. If you live close enough to work then either get a taxsaver ticket or a bicycle
7. Get rid of the car if applicable.
8. Get rid of bill pay phone - pre pay instead
9. Quit gym and workout outdoors instead
10. Go on cheap holidays i.e. camping, air b&b, couch surfing etc
11. Team up with a girlfriend / boyfriend so you can save more and cut utility bills etc

Be frugal for a couple of years and you'll have a deposit in no time.
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10-02-2019, 19:08   #11
Buttonftw
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Single and in Dublin? Good luck. Other than those 2 things it's doable.
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10-02-2019, 19:16   #12
Jack0125
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A secondary school teacher said to the wood work class one day...you need to be saving a quarter of your net pay from your first job onwards

Its a good mantra...save from 23 to 30 years 5k a year. 40k deposit.

Cant arrive at 30 with no savings in the bank.
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10-02-2019, 19:16   #13
Jack0125
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A secondary school teacher said to the wood work class one day...you need to be saving a quarter of your net pay from your first job onwards

Its a good mantra...save from 23 to 30 years 5k a year. 40k deposit.

Cant arrive at 30 with no savings in the bank.
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10-02-2019, 19:37   #14
abcabc123123
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Buy an apartment, save for a couple of years and trade up?
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10-02-2019, 19:44   #15
Moonbeam
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I took on a 2nd job first in night clubs then doing gig and hotel security,brought my lunch to work every day and lived in shared accomodation.(2005).
I did not have much of a social life and my house is not in my ideal location but it is a nice house and on a train line.
Later on met someone so we bought a bigger place in an area we really liked.
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