• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
No Result
View All Result
The London Economic
No Result
View All Result
Home News

Baron’s daughter stirs rage after advice for young people wanting a house

But Tory MP Kevin Hollinrake labelled her words as 'good advice'.

Andra Maciuca by Andra Maciuca
2022-02-06 17:51
in News
FacebookTwitterLinkedinEmailWhatsapp

Kirstie Allsopp has attracted hundreds of reactions after telling young people struggling to buy a home to just look for cheaper areas and give up their gym and Netflix memberships.

Allsopp, who is the daughter of an Eton-educated Baron, said she gets “enraged” when young people cannot buy their first home.

But she bought hers with the help of her family when she was 21, while she was earning £11,500 a year and average UK house prices were £51,000, about five times her salary.

Today, average house prices are around £260,000, which means around nine times the average salary, which even with family help is still almost twice as expensive as it was for her.

“I get enraged when people say they can’t afford to buy,” Allsopp told the Sunday Times, adding: “I bought my first property when I was 21. I used to walk to work and take my own sandwich.”

Tory MP Kevin Hollinrake labelled Allsopp’s words as ‘good advice’.

Reactions

But the internet wasn’t as supportive. Tech writer Mark Hillary said: “In the early 90s I bought a new build flat in London at 22 years old for three times my salary… now starting salaries are about twice what they were but that first flat of mine is now six or seven times the price it was – cutting down on Netflix and avocado won’t achieve much.”

RelatedPosts

Ministers to launch probe into the BBC’s ‘Islingtonian left-wing bias’

Brits react to new ‘affordable foods’ list

Top Tory STANDS BY fellow party MP convicted of abusing 15-year-old boy

Watch: Murdoch monopoly isn’t taking Aussie election result well

Writer Marcus Chown added: “I don’t think a person who has had every advantage in life should feel ‘enraged’ at people who have not had every advantage in life having a hard time.

“She should be grateful for all she has had and be ‘enraged’ that we live in a society where so many have so little.”

“As someone trying to buy on commuter belt let me tell you. Cost of living is wiping us out, there isn’t enough housing to go around, house building prices are insane,” actor Isabelle Anderson said. She added: “I’ve saved since 18 and don’t drink and yet I’ve struggled to save for deposit and we don’t all have rich family to help us out.”

One Twitter user said: “I SO hate this narrative of ‘just stop buying coffees/using Netflix’. There are a million reasons why it’s hard or even near on impossible to buy a home. Not everyone has family who can or will give them money for a home.

“Renting is hard, let alone renting and saving a deposit!”

Another added: “This trope is so outdated and tiresome. I was lucky enough to buy my first flat last year (at 30) by having a double income with my husband, getting government support (first time buyer scheme and Help To Buy ISA) AND some help from family.

“Without any of these factors, it wouldn’t have been possible.”

In the early 90s I bought a new build flat in London at 22 yrs old for 3x my salary… now starting salaries are about 2x what they were but that first flat of mine is now 6-7x the price it was – cutting down on Netflix and avocado won’t achieve much #KirstieAllsopp https://t.co/OHSSlLjdVE

— Mark Hillary (em 🏠) (@markhillary) February 6, 2022

I don't think a person who has had every advantage in life should feel 'enraged' at people who have not had every advantage in life having a hard time. She should be grateful for all she has had and be 'enraged' that we live in a society where so many have so little. https://t.co/pvCsZENRCg

— Marcus Chown (@marcuschown) February 6, 2022

As someone trying to buy on commuter belt let me tell you. Cost of living is wiping us out, there isn’t enough housing to go around, 🏠 prices are insane. I’ve saved since 18 & don’t drink & yet I’ve struggled to save for deposit & we don’t all have rich family to help us out. https://t.co/MHagP57hGW

— Isabelle Anderson (@Issy_Storm) February 6, 2022

I SO hate this narrative of ‘just stop buying coffees/using Netflix’. There are a million reasons why it’s hard or even near on impossible to buy a home. Not everyone has family who can or will give them money for a home. Renting is hard, let alone renting and saving a deposit! https://t.co/fqvgj15sFT

— The Brighton Girl (@BtonGirlProbs) February 6, 2022

This trope is so outdated & tiresome 😴 I was lucky enough to buy my first flat last year (at 30) by having a double income w/my husband, getting govt support (first time buyer scheme & HTB isa) AND some help from family. W/out any of these factors, it wouldn’t have been possible https://t.co/SDZ4qzOcIr

— Lizzie Edwards (@Lizzie_Edwards) February 6, 2022

Related: Tory energy secretary claims France has lower energy price hikes because it scared investors

Tags: headlinekevin hollinrakekirstie allsopp

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

We are not afraid: But can love conquer all?

After Millwall, dismissing BLM for its ‘politics’ is risible intellectual laziness

Neo-Nazi terrorist cell held ‘Miss Hitler’ beauty contest in run up to Brexit vote

Labour says Johnson could be in contempt of Parliament after Brexit letter

EU considering Brexit put back until 2020

Spitting Image reveal Piers Morgan puppet – Live on GMB

Thunderball Results for Tuesday 14 December 2021 Tonight’s winning numbers

Lucky Numbers and Horoscopes for today, 6 November 2021

How to Solve a Rodent Infestation

Cross-party group of politicians launch legal challenge to stop PM forcing through no-deal Brexit

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.