Just have a genuine question for those who may have been in a similar situation. None of my family are good with money and my friends are all married so got mortgages with two incomes.
How does someone on 30k buy a decent house? Do people rely on inheritance or just save like crazy? I have very bad lung problems so my main requirement is that the house be a B3 rating or above, maybe a C but I get wheezy when it's cold. In Cork right now there are 7 three bed semi D houses and all bar two are way above my price range (and those two are very far from my work).
I get lonely so would really like somewhere with a spare room or two to rent out. Income wise I should be on 40k in the next two years. I've always studied and worked hard but it seems the main requirement in this country in order to get a mortgage is to be married and have two incomes.
So, genuine question. Should I suck it up and live an hour from work? Or just save like mad? I figure I'd need 60-70k to add to the 120k the bank would give me. I know the obvious answer would be to rent forever but Ireland isn't set up for long term rental. I did it abroad but not here.
Thanks.
How does someone on 30k buy a decent house? Do people rely on inheritance or just save like crazy? I have very bad lung problems so my main requirement is that the house be a B3 rating or above, maybe a C but I get wheezy when it's cold. In Cork right now there are 7 three bed semi D houses and all bar two are way above my price range (and those two are very far from my work).
I get lonely so would really like somewhere with a spare room or two to rent out. Income wise I should be on 40k in the next two years. I've always studied and worked hard but it seems the main requirement in this country in order to get a mortgage is to be married and have two incomes.
So, genuine question. Should I suck it up and live an hour from work? Or just save like mad? I figure I'd need 60-70k to add to the 120k the bank would give me. I know the obvious answer would be to rent forever but Ireland isn't set up for long term rental. I did it abroad but not here.
Thanks.