Being a first-time-buyer doesn’t seem to be much fun these days. I get the odd email from 20 and 30-somethings who complain that the older generation has supposedly been so ‘greedy’ with buying/selling/making a profit on their homes that the youngsters have been excluded from the housing market.
I refuse to accept the blame for current house prices though. When I first climbed on to the property ladder 23 years ago, I stretched myself to the limit of my finances. I had lodgers to help pay the mortgage – a situation that lasted for 11 years! I don’t think that I should feel guilty for reaping the rewards of the considerable risk I took at the time. Besides, I don’t feel smug, I feel thankful….