I'm worried I'll never own a house
Hi everyone, as the title suggests I’m worried I’ll never own a house.
A bit of background, I was raised in a single-parent household (god bless my mum) and we always struggled financially, as you can probably imagine. My mum worked every hour she could but as we all know, if hard work alone made people well off, the donkey would own the farm. She’s always been hard working but she's never been in a position to financially own a property. This also weighs on me because I worry about her retirement and feel like I bear a responsibility to look out for her.
Over the last five years, I’ve come a long way financially in terms of literacy and understanding money but I still can’t shake the feeling that home ownership is out of reach for me. I run my own business but unless it really takes off, I feel stuck at home. I'm not a very intelligent person so I'm unable to get myself a high paying job. I do have savings but nowhere near enough for a deposit and my income isn’t consistent enough month to month to feel secure.
I don’t want anything flashy. I’ve become more off a loner the older I've got and honestly don’t want to rely on being in a relationship just to afford a home. I prefer relying on myself, even though I know that makes things harder financially.
Lately I’ve been looking at houses in remote areas near the Lakes/Wales, which actually suits me because I spend my free time hiking and enjoy peace. At this point, it feels like my only real option is to somehow save up £150k as quickly as possible and buy a cheap place outright. Otherwise, I might be living in a van.
I’m not really sure what I’m hoping to get from posting this. I guess I just want to hear that I’m not alone in feeling this way during the housing crisis which I know sounds a little selfish in itself.