Saved money from my first full time job. I put away a lot of money into savings. I didn't spend it on going out, nice clothes, shoes, bags, a nice car with a loan (unlike some of my friends who still rent then complain about property prices).
I didn't save the full 20% so I had to take out mortgage insurance to buy my first property. It really was dead money but I really wanted to get on the ladder and got my first property at 21. I didn't use the first home owners grant, I bought it as an investment.
I think it may be the wording people are using that makes this topic emotive and that is people feeling that just because someone says they worked hard to save, doesn't mean ALL others don't. There's not just 2 types of people - hard working and lazy.
I think that there are 4 categories (generally).
1.Those who have the ability and luck and privilege to be able to afford a house deposit and who also make sacrifices in lifestyle choices to save for a house deposit and do so successfully.
2. Those in the same boat as the above but decide not to get a career, not to save and to just l life to the max and enjoy expensive everything - clothes, cars, holidays, partying etc. They didn't save and buy a house and now can't afford it or didn't save enough to live in their dream location.
3. Then there are those who have houses or deposits given to them by family and friends. They truly are the lucky ones!
4. Those who would love nothing but to save a deposit for a house and try very hard, but unforeseen circumstances they have NO control over stops them doing so, whether that be as some have mentioned redundancies, illness, IVF, domestic violence, born into poverty etc. I believe a lot can be done to help support people who find themselves in these situations, but for housing to be affordable to buy these people the market would have to crash at such gigantic proportions that prices will drop but unemployment goes up and many other effects.
Hence why I've said before I feel very privileged to be in category 1 and not category 4.
But I'm not going to also apologise for being in category 1, not to those in category 2 who had the privilege and luck, but hose other priorities.