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Debate House Prices


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500,000 pensioners pay the price for the indebted.

1679111217

Comments

  • jay3_2
    jay3_2 Posts: 165 Forumite
    Let me translate what Yvette Cooper said last night.

    I have a higher than average salary
    I have a 2nd home for free
    I receive payments for expenses that you have to take my word that were incurred in the first place
    I only pay class 2 and class 4 NI
    I have a gold plated non-contributory pension, but I am bitter that it is not as good as Goodwin's

    I'm alright Jack, so stop whining

    Yawn

    "I don't know why I bother, pay my taxes and all they do is ruin the country, things are so much worse than they ever were you know, those poor pensioners, All politicans are a waste of time, blah blah blah" (cont'd page 94)
  • Jennifer_Jane
    Jennifer_Jane Posts: 3,237 Forumite
    1,000 Posts Combo Breaker
    jay3 wrote: »
    Yawn

    "I don't know why I bother, pay my taxes and all they do is ruin the country, things are so much worse than they ever were you know, those poor pensioners, All politicans are a waste of time, blah blah blah" (cont'd page 94)

    Who are you?
  • Who are you?
    Ed Balls:rotfl:
    [strike]Debt @ LBM 04/07 £14,804[/strike]01/08 [strike]£10,472[/strike]now debt free:j

    Target: Stay debt free
  • jay3_2
    jay3_2 Posts: 165 Forumite
    Ed Balls:rotfl:

    Must have taken you ages to think up that one, well done, hilarious.

    :T
  • jay3_2
    jay3_2 Posts: 165 Forumite
    Who are you?

    Who are you?
  • kabayiri
    kabayiri Posts: 22,740 Forumite
    Part of the Furniture 10,000 Posts
    Err, can we get back to the 499,999 hard done by pensioners please ?

    (It was 500,000 , but one has probably passed away during this brief off-topic moment)
  • 1echidna
    1echidna Posts: 23,086 Forumite
    I have the feeling that for some here this is just crocodile tears and a stick to beat the gov't with. If a lot were in power that they had more sympathy with and doing much as this lot are doing their concerns would be quietly forgotten.
  • tesuhoha
    tesuhoha Posts: 17,971 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Mortgage-free Glee!
    Well you are talking about house prices doubling over the past four years which is presumably a decent windfall gain for people who could look to exit the property market. I am not sure they are morally entitled to that gain.

    I am not suggesting they should have to sell, but if not they may need to accept they have to make sacrifices to stay in a house that is now beyond their means.

    It strikes me as a little odd for asset rich, cash poor people to plead poverty. Generally I think pensioners have done rather well with low inflation, rising asset prices and a bouyant stock market for the past decade.

    If you bought a house and it made a profit, as many of you do want to on here (the ones who criticise present home-owners for not wanting to drop the price of their houses) would you question whether you were morally entitled to it? What about all the city bankers who have made millions out of all this? Are they morally entitled to their millions? I notice you don't mention them, instead choosing to attack ordinary people who have worked all their lives for what they have. Life was very tough when they were young, much tougher than it is now in a lot of ways. I think if many of you could have the same profits you would grab them with both hands and not stop to ask questions so please stop moralising.
    The forest would be very silent if no birds sang except for the birds that sang the best






  • jay3_2
    jay3_2 Posts: 165 Forumite
    tesuhoha wrote: »
    If you bought a house and it made a profit, as many of you do on here (the ones who criticise present home-owners for not wanting to drop the price of their houses) would you question whether you were morally entitled to it? What about all the city bankers who have made millions out of all this? Are they morally entitled to their millions? I notice you don't mention them, instead choosing to attack ordinary people who have worked all their lives for what they have. Life was very tough when they were young, much tougher than it is now in a lot of ways. I think if many of you could have the same profits you would grab them with both hands and not stop to ask questions so please stop moralising.

    You make a good point, but can I just respectfully point out that no-one works for a profit generated by house price rises - it's merely a windfall.
  • 1echidna
    1echidna Posts: 23,086 Forumite
    tesuhoha wrote: »
    If you bought a house and it made a profit, as many of you do on here (the ones who criticise present home-owners for not wanting to drop the price of their houses) would you question whether you were morally entitled to it? What about all the city bankers who have made millions out of all this? Are they morally entitled to their millions? I notice you don't mention them, instead choosing to attack ordinary people who have worked all their lives for what they have. Life was very tough when they were young, much tougher than it is now in a lot of ways. I think if many of you could have the same profits you would grab them with both hands and not stop to ask questions so please stop moralising.

    I think the point is that there are winners and losers in society often through no particular merit or demerit. Life is not fair and even more so in a recession. Personally my ideal in a recession would be for us all to suffer a degree of pain (but perhaps less for those near the breadline) irrespective of so called moral cases of immunity and perhaps not excessively even on those who have a degree of culpability or are regarded as unworthy(having borrowed too much or being reliant on state benefits). I know many here will not agree with me.
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