Life passing by people in their 30s

I don't subscribe to this at all.

There are many who enjoyed themselves out there who ended up buying gaffs for 100K or less .... raised a family and continue to enjoy themselves.

Yes....and for a few years post 2008 when the economy collapsed.

Some of you need to cop on here.

The housing market is rigged. Stop blaming young people who are the victims of this rigging.

Is that because you walked into a permanent job at 22 which came with the default gold plated pension at that time - that being one that very few, if any, jobs would be providing for even relatively senior employees in their 30's these days?

I don't think houses were cheap 30/40 years ago. Depending on what someone was warning then plus maybe more inclined to have had kids early, the cost is all relative.

Maybe people's attitudes need to change. Ia it absolutely vital to own a property. Not everyone wants to.

But the government needs to step up and start ensuring that properly built affordable.rental apartments are provided and not just in Dublin.

Because its harder to party in your 40's, 50's etc most of your friends will have settled down and become boring.

I partied in my 20s while in college and until around 32, then I started a business, thats the way to go in my opinion, you dont have to struggle on 30 or 40 k per year working for a soulless company and ar$ehole boss. dont blame the government, they dont care and wont help.

im still trying to party a bit but its harder in late 30s because a lot of people become old before their time.

dont worry about a pension in your 20s, Duncan Banatyne had nothing at 30 years old.

Get a job that pays well.

Sounds basic, but that's my advice. Focus on a career that's give you a salary of 70k+ by the time you're 30 and all the better if you get bonuses,healthcare and pension contributions etc.

I've been poor in my early 20s and rich in my early 30s. I'm having a much better time in early 30s.

Housing, cost of living, childcare etc do not affect me or my partner.

YouTube has plenty of financial content covering investing, growing wealth and financial responsibility.

Work for yourself, thats it.

You will never be rich working for someone else.

Never said it was a big salary. It's a salary that a 30year old could achieve and set themselves up nicely for the next decades of their life.

Why don't you make yourself useful and offer some advice?

Paying all life for a 35sqm hole is quite grim.

Whats the message in that anyway, work all of your life, don't breed, die alone? All to appease the vulture funds. Glory be to the banks.

This thread exemplifies why I - in my 30s - decided to turn my back on Ireland and go and find real life somewhere else. Ditto for all the threads on "having children is so expensive". Back then, in the early 00s, I had a wife and four children and the chance to settle down in Dublin or somewhere (anywhere) else in Ireland, but having spent three months on a "taster session" the one thing that struck me more than anything else was that the Plain People of Ireland had gone absolutely mad in respect of home ownership and I wanted no part of it. I literally sat down with MrsCR one evening and did the sums, and realised that even with a 70k job offer, I'd still end up slaving until well past early retirement to afford a half-decent house and maybe just maybe something resembling "quality of life".

So we packed up our bags, our children and our hard-earned euros and bought a much-better-than-half-decent house in rural France for a fraction of the price we'd have paid in Ireland. I'm now in my 50s and was out partying till 4am last night; I was at a three-day festival two weeks ago; I'm going to another three-day festival in Switzerland next month, and then back to Dublin for a fortnight to see the parents. 20 weeks work a year is more than enough to pay the bills and leave enough for fun. And that's the example my children get to follow. The eldest is coming up on thirty and is definitely not letting life pass him by: he too turned his back on a lucrative Dublin-based IT job with a high five-figure salary to run around in the mud in Belgium, where he's quite happy renting twice the floorspace in Brussels for half the rent he was paying in Rathmines.

Between that taster stay in Dublin and now, I have watched the Plain People of Ireland vote for the same class of do-nothing politicians over and over again, wage bidding wars with each other to drive up the prices of bog-standard houses for which they then need to saddle themselves with thirty-year mortgages ... and then complain that there's a "crisis" and the people have "no choice" but to work all the hours they can get and how they "need" two incomes to pay their mortgage and for their overpriced childcare.

At this stage, I have no sympathy at all for people who think they're stuck a rut because they can't afford to buy a house in one of the worst regulated property markets in Europe: there's nothing stopping anyone (except the Brits, of course) from moving to some other corner of the Continent and buying a house for 30k, or 15k, or 5k, or even 1 Euro, and then to spend the rest of their time living a life that doesn't revolve around paying off a mortgage.

Pretty similar to my experience, of my friends in their mid 30s at home.

One never moved out. Probably has 100k plus saved. Happy to give out about prices. Isn't willing to rent either due to cost and places not meeting his comfort level. Annoyed he passed on the low prices.

Another moved back in 4 years ago, late 30s, single. Wants a 4 bed. That's out of reach but he won't settle for a 3 or 2 bed. Blames the government.

A good few others did a year or two at "home" at some stage, often to get a mortgage. Really went to ground cutting out nights out etc. They moved in with parents with a financial plan to get out.

I do feel sorry for people given the rents but I think some don't realize when others knuckle down and save for a year. A friend who is saving for a deposit spent 30k on a car. Mine cost me 3k.

For me I would hate to live at home. I couldn't have imagined spending my 20s or 30s with my parents.

I feel some don't mind or prioritize other things like cars and holidays. That's okay. Given the numbers living at home it's never been more acceptable to and some are happy to live and home and say "not my fault".

The IT article seems a bit all over the shop. It gives stats about people in their 20s they talks about people in their 30s.

It says 7/10 people 25 to 30 live at home and that it's doubled over the last decade. That's not what the CSO says. Seems to be the opposite. I think the 7/10 number is from eurostat. Don't understand it to be honest.

From the cso.

To give some context based on cso numbers regarding people in their 30s.

The youngest person in the article is 32, at that age according to the cso (2022) 86% of people don't live with their parents. It was 91% in the 2011 census.

The oldest person is 38. 93% don't live at home at that age. In 2011 it was actually 94%.

The article features some one moving in with parents after "years of travelling" and is then setting up a business.

It seems two of the other 3 have done "a few years travelling". That's not going to help career etc. It just seems they have different priorities and that's why they are in the approx 10% living with their parents in their 30s.

So instead of offering anything productive, your approach is just to sneer at my advice.

At least I know what level you're working from.

A few years travelling wont help with career?

I saw 2 brothers on tv a few years ago, they travelled and saw a product (hand rolled ice cream) in Thailand that wasnt available in Ireland, they came back and set up a shop selling it, they might have set up more shops I cant remember but travelling does open your mind and is helpful and can make you money.

To be fair, a couple of years of travelling should not exclude you from ever owning a home or being able to rent a small place. It's just that the market is so dysfunctional that it does. To succeed in Ireland (And by succeed I mean have some basic level of stability) you either need to get a really high paying job and/or have a partner and scrimp and save for years.

Exactly, it is what we want. Nobody wants their asset (house) devalued by more housing nearby, and object object to planning. Ergo, we want homelessness and permanent accommodation stress.

Im not familiar woth Fremch house prices so correct me if im wrong. But would houses for 30k in France be in the equivalent of buying in connemara or some other far flung corner of Ireland?

With very little work opportunities and nobody who'd speak English? If those prices are achievable in cities then apologies.

But if they're not cities than not only would you need a business plan but you also need French to make such a move.

I'd argue it sounds like a more difficult task then saving your bollix off in Ireland for 2 years and buying a 400k house.

Anyone that believes SF will make a difference to housing in this country needs their head checked out. The situation with FF and FG is bad but with SF in charge it will get way worse. It is very easy for them to say what they will do if they were in charge but reality is what they want cannot be achieved. Anyone who thinks SF will change everything is an idiot.

I agree with you that immigration has damaged our housing supply but the government made their bed in that regard.

The easiest way out of it is to build basic council housing - but the houses they are building are anything but basic and its costing huge amounts which again limits the amount that can be built.

I also think that maximum housing selling prices should be set as a planning condition - developers then have to work to a budget instead of making huge profits. Builders have always been making big profits and this needs to be limited to bring down prices of new builds.