Comments by "P M" (@pm2886) on "Rent crisis: half of renters just a month from losing home" video.

@africamilton934 Well of course it's a joke .. if you expect to buy in areas you can't afford. And why would you expect that? If you can't afford to buy in the area, you shouldn't be renting there. You'll never buy if you keep doing that.
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@aleayh No it isn't. If young people stay at home (rent free, obviously) for the first few years of full time work, they can save most of their income. That easily covers a downpayment - as long as they're not an entitled lunatic and expect to buy in one of the world's most expensive cities .. like LONDON.
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@brownnomad6805 Well said. Kids have to do what the current economic climate demands. If they don't adapt to the economic conditions, they'll fail. For those who aren't born into money, that means STAYING AT HOME and saving as much money as possible while there's no rent or mortgage to pay. It may be the only time in their lives they can do that, so they have to make it work for them. Push it as far as they can. All decent parents will encourage and support this 100%. To do otherwise, would be to sabotage what may be their child's only chance to build any kind of financial security .. and what kind of parent would do that? One who hates their kid, maybe. Or one who's own 'freedom and comfort' are more important that their childs' welfare.
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@StillJustD 100%. The vast majority of those who claim to be struggling with housing, are in CITIES! It's insane. It's very difficult to feel anything but contempt for them, given that. You wonder what happened .... after all, we used to accept the realities of our economic status, and didn't expect to have champagne on a beer budget. Now we live in fantasy worlds where we think we can live like the rich, and get angry when it doesn't happen. We even demand that govt fix it for us, so we can live where the rich live. Incredible!
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@brownnomad6805 Exactly. And the good thing is that it's all optional. Those who want financial security will do it. Those who don't care what happens to them, will likely chose otherwise. There are still an awful lot of young people out there who think conditions are the same as they were for their parents - in other words that 18 year olds can 'make it alone' on a minimum wage. It's actually really weird to see young folk so out of touch with what's happening currently. They're normally very across trends - both social and financial. The current youngsters are unusually stuck in the past. You wonder if it's some new brand of 'conservatism', to keep plodding along using the same old methods, long after they stopped working.
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You can only ever know what's affordable for YOU. What you think isn't affordable, is affordable to someone else. Ditto what you can afford, won't be affordable to the next person. Thus there's no such thing as 'affordable housing'. There's only what you can afford, personally.
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They're not being displaced, because they were only ever there 'temporarily'. That's what renting is .. temporary use of someone else's property. Those who choose to rent, know that those are the terms. They know full well that they cannot control how long they'll be there. That's what they sign up for when they sign their lease.
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@imnottellingyoumyname3050 If the obvious solution is considered 'moronic', it's no wonder we're in so much trouble.
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Huh? is right!
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It's not the job of landlords and govt to take care of you in retirement. You're supposed to plan ahead so that you can take care of yourself.
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@MrSatnavatron No, it's called profiling. Police do it too. It has nothing to do with racism .. it's statistics based action.
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@yamomsass1263 So do something else. Buy a house in the city with family. Share.
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