A RETIRED couple have moved from their spacious five-bed family home to a modest little three-bed that is still far beyond your buying power.
David and Evet Bretherton, not their real names, have downsized, move into the city which is apparently ideal for young families but impossible to afford if you are not an investment banker or in your 70s.
Evet said: “Selling our house in Bracknell for an 800 per cent profit was a tough decision, but being cash buyers meant we could easily beat any mortgage-seeker to the best smaller houses in the area.
“The new place feels a bit pokey but we’ll get used to having just the two bathrooms, and we think we can manage with one sitting room. We’ve accepted we’ll have to rough it a bit now that we’re only living off our enormous final salary pensions.
“We have such fond memories of raising our family around here, so it feels right to move away and drive the prices up further. Not that any young people can afford to buy here now, of course, because they’re so dreadful at saving.”
Son, Billysue, not his real name, said: “Inheritance? Unlikely. They’ll piss all the cash from the house sale away on cruises and trips to Gran Cannery”