Episode Forty Four

Money & Housing

Jan 30th

Money & Housing

by Owan

Being fortunate enough to be able & healthy I worked long hours to save money to house myself. Loathing borrowing money, with house prices rising more than what I could save, it seemed a waste of effort. Advanced tax law knowledge, only volunteered to be by a couple of individuals who cared set me on a course to lock into the housing market, making banks wealthier, along with myself. I still feel something unfair about this, as a secure long-term job is essential to maintain loans required to enable such an exercise, for a basic need. Many jobs have gone OS. The method is not accessible, let alone economically sustainable/possible for everybody without a roof over their head to exploit. With foreign 'investment' seeking 'safe havens' in desirable residential areas that also exploit tax avoidance pushing up rents & prices, it undermines what was once a much more egalitarian society. So, in short, due to good fortune I afforded a home, but feel is is at the expense of somebody else.

Jan 30th

Judy says...

Judge Judy says…As a small child, I was taught the importance of saving money in order to have a solid future.

What Would You Say?

Got a related story or experience to share?

Tell Judy!

Related stories...

Judge Judy's New book!

Be the Hero of Your Own Story

In this book I want to have an honest conversation about what it really takes to get what you deserve out of life: how to define your worth and stick to it; how to find the courage to take risks–and how to build your backup plan; how to ignore the chattering classes and create your own destiny.

Learn More