| Comment | > but have they really saved £50k in 15 months by not paying for bus/train travel to work
In all honesty, as 40-something DINKYs, yes. Not just travel, but basically spending absolutely fuck all on anything for a year and a half.
Also, and I keep on repeating this every time people ask about how people afford offering over - remember not everyone is a first-time buyer. If you already have a home and have paid off a chunk of the mortgage, the sale of that gives you significant capital to potentially over-offer on the next one, if you're happy to take on a bit more mortgage again. And people are, because they're working from home and want to invest more in where they live. |
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