Owning your own home

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  • Lfggs does not deserve my Islington chevron parquet.
    Back on topic, one can point at the ultra-dense residential popping up in zone 2/3, and yes, density is welcome in places in theory, with so much pressure on land. but they are hopeless condiminium designs, silo-designed dormitories, completely devoid of modern thinking.

    Back to the Modern House and the Farrow&ballisation of Leytonstone

  • Thank you. That genuinely really helped.

  • I had to stop looking at the watch thread for a similar reason, couldn't believe how many people my age owned one or multiple Rolex(es?)... I am now very happy indeed with a second hand Nomos for 1/10. Deleting Instagram has also helped massively with inner peace

  • couldn't believe how many people my age owned one or multiple Seikos

  • and Grand Seikos! P.S: not suggesting that houses and watches are in any way comparable in terms of importance

  • This is why you should avoid status games in your life, they make you into an angry, combative or sad person. Status is a zero sum game. Avoid it.

  • Says the man in white jeans

  • lol.

    I'm wearing cords today

  • This is why you should avoid status games in your life, they make you into an angry, combative or sad person. Status is a zero sum game. Avoid it.

    I agree with this. I think houses are slightly different because while they are status, they're also the place where the people you love live. And when you can only afford a dangerous, shabby, or unpleasant place to live, that makes you feel like you're letting your loved ones down.

    Not being able to afford a fancy watch might be annoying but it doesn't have that same emotive quality.

  • Think about all the people in Ukraine (and other parts of the world) that don't even have a home anymore...
    Puts it into perspective a bit.

  • It's happening where I live too (West Wales). Majority of houses are being bought for holiday lets for inflated prices. It's grim. I saw a stat the other day that said 1 in 10 properties are now second homes.

  • In London?

    The terraced house opposite is around 500k with two floor and garden but the floor plan is only 50 feet bigger than our ground floor flat.

  • Same in Leyton, small terraced gaffs start at £500k

  • I can sympathise, especially as there is always a bit of secrecy around money in the UK.

    From people I know, either...

    1. Get given a deposit by relatives, 5-6 figures
    2. Earn enough to save 5 figures each year
    3. Bought 10+ years ago
    4. Combo of all of the above.

    National average income is 27k, London average is 47k, so you'd both need to be on 50K and have a 50-100K deposit to get a small terrace house in zone 3+.

  • because an Englishman's home is his pension

  • A pal of mine just bought a decent sized on for 525 in Leyton, he's gone from sleeping rough to saving 50k a year to get a deposit which is pretty impressive IMO.
    Working in film before anyone asks.

  • How many Rolexes? (Rolexii?)

  • Man starts earning £100k. Is able to afford a house. Good for him but not exactly headline news

  • film

    Portra of 400h ?

  • Cinestill. You've lost your touch.

  • The second home thing just makes me furious and I'm not even directly affected by it (very few people want holiday homes in Dagenham). It's just so grotesque. I think second homes should be taxed up the wazzoo and I have no idea why they aren't.

  • I think second homes should

    Not be allowed?

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Owning your own home

Posted by Avatar for Hobo @Hobo

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