When people finish their studies they do think about two activities: travel and work.
Travel is usually temporary, because once the pot is dry, there is only one way: going home and look for a job in order to get some money in that savings account.
It is common for graduate students to escape the real world and go for a short term trip - which could be a 6 months itinerary. The aim being to discover new cultures and learn what life is about without the parents around. In general, it is a real good lifetime experience.
But after the fun, it is time for work. Finding a job is getting more difficult. In fact, there are vacancies around but it can be mainly in a call centre, warehouse and overall labour positions. Not too suitable for people with a PhD or Master. You mustn't be too fussy these days as the recession's impact is still around.
Getting on the property ladder is another dream and it is getting even more challenging.
In general, the main subject when people meet up after work for a coffee or beer is related to the struggle to survive in today's Society because of all taxes that the Government puts in place. Investment property is and might remain as Utopia.
In recent news the average price for a house is around £250,000!!!
How is it actually possible to get such property and convince the bank to allow the mortgage, even if the available deposit is just under what is expected?! Buying is generally cheaper (in the long term) than paying a monthly rent.
The hardest is to have 15 percent of the total amount for the initial payment. Luckily, some wealthy parents can help and support their children to go on that first step of the property ladder. After this formality it can be a real walk in the park.
Finally, it is certain that the earning cash to invest in an estate/property is still on the planner for a lot of workers - whether single or couple - it is just a question of time directly related to their lifestyle and way of managing their budget.