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Debate House Prices
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The destruction of the Middle Classes commences
Comments
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On the contrary, amclueless. It's not a fact at all. It certainly won't be my story. My net worth is increasing at a very nice pace every month through extensive savings and saving returns. Furthermore my earning potential is increasing annually.
I have been completely unaffected by the credit crunch. In fact, I'll take it further. It's made me richer. I was cashed up before the credit crunch happened, and I put lots of cash into shares etc after it happened, and rode the back of the wave last year. I'm back heavily in cash today.
Just because YOU haven't been able to adapt to the changes of the last decade and find yourself one of the middle class poor today, doesn't mean everyone else is in the same boat.
Of course, it does rather explain your doom-obsessed outlook on life.
By the way, putting FACT in upper case letters doesn't make it any truer. If anything it rather diminishes your posts to the level of hyperbole.
Stop gloating, you !!!!!!. :mad: You might think you've shafted the rest of us but it ain't over yet. You would be wise to beware.0 -
amcluesent wrote: »Big homes, nice cars, luxury holidays... what their friends don’t know is that they’re Britain's new MIDDLE CLASS POOR
As I walk down London’s Westbourne Grove, it suddenly hits me. The world looks the same, but my life as it was a decade ago is over.
Around me, well-dressed women are happily chatting in restaurants and cafes, their shopping nestling safely at their elegantly shod feet, next to their designer handbags.
Less than ten years ago, that was me, but today it’s like peering through a window in my past. Like so many middle-class people, I slid into poverty when fees for my work froze or plummeted and the cost of living soared.
I am currently one of thousands of middle-class paupers out there putting on a brave face and pretending nothing has changed when, in fact, beneath the glossy varnish of the facade, our entire way of life is crumbling under the crushing pressure of the credit crunch.
FACT - 10 years from now, that'll be everyone's story. Grim, grey, grinding austerity is the only future, except for the elites.
I'll say this much: back in 1998 people doing my job were earning £40-45k. Now this has gone up to £50-60k - not exactly kept up with inflation, has it? Outsourcing mania has made my job less valuable and I'm pi**ed off, no, I'm mad as hell. :mad: I blame the scum politicians and their wealthy backers. The ruin of this country.0 -
I'll say this much: back in 1998 people doing my job were earning £40-45k. Now this has gone up to £50-60k - not exactly kept up with inflation, has it? Outsourcing mania has made my job less valuable and I'm pi**ed off, no, I'm mad as hell. :mad: I blame the scum politicians and their wealthy backers. The ruin of this country.
RPI June 1998 - 163.4
RPI June 2010 - 224.1
40*224.1/163.4=55
45*224.1/163.4=62
So within the bounds of error of your figures it doesnt look that bad to me - perhaps you should calm down a bit.0 -
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Stop gloating, you !!!!!!. :mad: You might think you've shafted the rest of us but it ain't over yet. You would be wise to beware.
I've shafted noone. I've made the best use of my talents to adapt to the changing marketplace.
You on the other hand have fled to the perceived safety of the public sector which, thankfully, is no longer safe :-)
You couldnt make it up - I love it!0 -
Where is Cleaver?
I bought a blackboard a few months ago, stuck it up on my kitchen wall and wrote the following on it:
1. House prices are rising.
2. No they're not.
3. Yes they are.
4. This report say's they're not.
5. That report isn't written by someone proper.
6. Yes it is, it's your's that isn't. Your's is written by an estate agent.
7. Prices are falling round my way.
8. No they're not, my report says so. Where do you live?
9. Not telling.
10. Debt is not wealth.
11. It's all to do with dem immigrants it is.
It only takes me 30 seconds to read the blackboard each day, which is considerably less than the hour I was spending every day on here to read pretty much the same thing.
Hope you're all good Mr Stevie.0 -
But we miss you, Cleaver.Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.
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