Some have said this generation might well be called "generation rent" owing to most not having much chance of doing the whole home ownership bit (house prices around here are around the £300,000 mark for something worth having and for 10% down on a 25 year mortgage that is doable only with a partner or fairly high paying job, and if you hit about 30 without that you are likely not going to). This led to some interesting arrangements, as well as in many cases it being socially acceptable to live with parents for periods others would have deemed highly unusual 30 years ago.
It is not a sole thing for the young though and I have met many of many ages that head down this path. Most of the older people doing it tend to be of the trades that allow for it (tradesmen that spent time in mining/construction*, truck drivers, sales...), or were serious PTSD sufferers and that allowed them to get on with it.
*friend of a friend had a really quite nice Arctic grade truck with a toilet and shower and everything. That said a more general insulated van and the option to shower in swimming pools/gyms
I then saw something on youtube about people living in their car, but not necessarily through any kind of poverty
It is a subject that fascinates me, though perhaps not as much as the potential legal implications (a lot of things require you to have a "permanent" address, something I discovered a few years back as I thought I would see what goes if I pretended I did not have somewhere like that).
To that end your thoughts on the matter. Would you eschew rent in favour of something like that? Still having a job, regular showers, good food and all that but either working less or having money for nice toys and travel.
I have considered it but I do also like to have lots of tools, books and machinery so that is harder.
It is not a sole thing for the young though and I have met many of many ages that head down this path. Most of the older people doing it tend to be of the trades that allow for it (tradesmen that spent time in mining/construction*, truck drivers, sales...), or were serious PTSD sufferers and that allowed them to get on with it.
*friend of a friend had a really quite nice Arctic grade truck with a toilet and shower and everything. That said a more general insulated van and the option to shower in swimming pools/gyms
I then saw something on youtube about people living in their car, but not necessarily through any kind of poverty
It is a subject that fascinates me, though perhaps not as much as the potential legal implications (a lot of things require you to have a "permanent" address, something I discovered a few years back as I thought I would see what goes if I pretended I did not have somewhere like that).
To that end your thoughts on the matter. Would you eschew rent in favour of something like that? Still having a job, regular showers, good food and all that but either working less or having money for nice toys and travel.
I have considered it but I do also like to have lots of tools, books and machinery so that is harder.