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Is getting on the property ladder too difficult?
National World - LocalTV
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27/06/2024
Is getting on the property ladder too difficult?
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News
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00:00
Build more affordable housing when they're doing new-build projects like we
00:04
like in rural areas around me there's loads of new-build projects and it's
00:08
always houses that are like four families are already on the property
00:11
ladder and never enough never enough affordable stuff.
00:14
My niece is trying to buy now and she's saving and saving and she's paying a
00:18
massive rent just finished university and stuff and she's got a lot of you
00:23
know fees to pay back and stuff and all the debts and stuff so it's really hard
00:28
for her but she's paying a lot of rent as well so that's wasted money in my
00:31
eyes. I'm a uni student I'm gonna come out of uni with a load of debt and like we
00:37
don't just have money lying around so I probably if I do it will probably be
00:41
when I'm like 40 so yeah. It's the expense of it and people having to save
00:46
money and paying rent while they're saving and stuff you know and obviously
00:51
people are probably already paying rent and they're looking to buy but can't do
00:56
because it's too expensive and all the interest rates on stuff now as well.
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