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I think it’s still possible to get a house and a car and all those things. It’s not easy but it is definitely possible so we absolutely shouldn’t be giving up on ownership and just accepting subscription. I separated from my wife 6 years ago and I ended up with nothing. Less than nothing in fact. I had debt AND a mortgage on a house I wasn’t living and it took 18 months just to sort the house situation out. 6 years later and I have nice(ish) car and I am about to buy a a flat. It’s been an absolutely shit 6 years (made harder because of my age) but I am finally there. So it can be done and I think we need to try and support young people to get there, get their chins up and their chests out. Act like a society rather than individuals. And for the younger people out there, don’t be too proud to accept any help that is offered and also be prepared to have to wait to get what you want and have to work to get it – don’t expect everything right now. It took me until I was 43 before I got what might be considered a “nice car”, and even that’s a used one (because I can’t actually afford a brand new Jag, but I can afford a used one).
If the young generation is settling for subscription over ownership because they feel like they can’t get a nice house or a nice car, that’s something we really need to try and fix as well