Ricki wrote:
<A professor up in
Canada explained that this verse was intended as a warning against young
men,
that they weren't supposed to hang around their parents' house until they're
37,
One problem in the UK is the price of houses. Many offspring are staying at
home with parents to save having to pay rent so they can save up to buy a
house or flat. It's not unusual to find sons/daughters of 30+ still living
with parents (with or without a partner).
Renting a house or flat in the Poole area starts at around GBP500 a month
and goes up from there with really no upper limit - there are some extremely
expensive houses in Poole. That's a minimum of GBP6,000 a year on rent and
wages in this area start at around 11,000 before deduction of taxes. So the
only way they can really afford to save is to stay at home. Even then with
prices for older smaller properties starting around 150,000 (the most
expensive are around 4.5 million), and being able to borrow three or four
times their annual salary, that means a huge down payment. It's got so bad
that some parents, who have paid off what they owed on their houses, are
re-mortgaging them to provide their son/daughter with the down payment.
To keep down what they have to pay out for a house, some people are just
paying the interest on the loan, and letting the lender worry about getting
the loan back from their estate when they die. It's cheaper than paying
rent.
Jean in Poole, Dorset, UK
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