In days gone by there were only a few expectations about property. You were going to either rent or buy. If you did well at school, you went on to university, got the degree and then a decent job – one for life. The first steps were to move from home into a rented flat, then a step up to a bigger rented flat or maybe you saved that extra expenditure and saved for a deposit. Eventually enough was available for you to buy the first place. That would generally be expected to be a little flat. Then the 2 bedroomed terrace house. Later a 3 bedroomed semi detached and so on. Getting on the mortgae ladder ws hard, but not as scary as it has been of late. You were on your way!