Generation Whine

Percy1983

jamespmg44 wrote: »

No - most of the 1980 onwards folk can't afford a big fancy house that they want to live in a lifestyle like Cheryl Cole etc.

I was born in 1981 and have a house, my sister was born in 1980 and has a house, all my friends were born in 1980 or 1981 and all have their own houses.

Some of us have nicer houses than others.

Some folk want everything handed to them on a plate - others go out and work for it. It's the same as every generation that has gone before.

80/81 you could have got in just before the 'boom', unfortunately for me I was 2 years later and in training get paid £50 a week for a good few years after school, they have been out of reach for a good while despite working hard, as it is they have corrected quite nicely and are no longer out of reach for me.

ILW

olly300 wrote: »

Yes but are the transport links and schools any good?

I know cheaper areas but both the transport links and schools are poor.

This means if you buy a property there it can take you over an hour to get into central London.

Plus if like most people your job changes and the only one you can find is on the other side of London, or just outside London then you face a terrible journey to and from work.

And then I can go on about the schools where the parents use the school as a baby sitting service and aren't interested in their education. A friend of mine moved to Kent to escape the poor schools in the area.

So now you agree that there are houses available that you can afford, but you only want one which is within 5 minutes of where you work and the schools are above average.
It appears you have just summed up the whinging generation who think they should have everything handed to them on a plate,whilst whining about how easy the previous generation had it.
Grow up.

olly300

ILW wrote: »

So now you agree that there are houses available that you can afford, but you only want one which is within 5 minutes of where you work and the schools are above average.

Actually I work anywhere from my second bedroom to 3 hours away from where I live. I have also worked aboard.

ILW wrote: »

It appears you have just summed up the whinging generation who think they should have everything handed to them on a plate,whilst whining about how easy the previous generation had it.

And while I regard being made redundant multiple times, short term contracts, and not expecting to live to retirement or long past it due to my family medical history as a fact of life, I should point out I am a Generation X not a Generation Y.

ILW wrote: »

Grow up.

You shouldn't attack people personally on the internet as people don't fit into the categories you can think you can put them in.

BTW My siblings and half-siblings vary from Baby Boomers to Generation Y'ers. In my case the Generation Y'ers don't moan they just get on with it. The Baby Boomers in the past few years have suddenly realised how lucky they are. There as us Generation X'ers have known for a long time that we are well off compared to Generation Y.

Generali

Cleaver wrote: »

No, I think there's a bit more to it than that (but then I quite like generational theory).

A Baby Boomer was far more likely to stick at a well-paying job they hated, and save 10% of their salary every month because it was the sensible thing to do. A Gen Y kid is far more likely to stuff a job they hate, no matter what the money, and start a jazz band instead.

All generalisations of course, but then that's generation theory for you.

If all that was true, baby boomers would hold an awful lot more than 80% of the UK's wealth!

ILW

olly300 wrote: »

Actually I work anywhere from my second bedroom to 3 hours away from where I live. I have also worked aboard.



Y.

Apologies if I have misunderstood you, but you did intimate in an earlier post that you considered a one hour commute to be unacceptable when buying a house.

MRSTITTLEMOUSE

jamespmg44 wrote: »

No - most of the 1980 onwards folk can't afford a big fancy house that they want to live in a lifestyle like Cheryl Cole etc.

I was born in 1981 and have a house, my sister was born in 1980 and has a house, all my friends were born in 1980 or 1981 and all have their own houses.

Some of us have nicer houses than others.

Some folk want everything handed to them on a plate - others go out and work for it. It's the same as every generation that has gone before.

You've hit the nail on the head here.
I suppose we're baby boomers(late 50s) and I feel no guilt in the fact we are,why should we?.
My husband has worked none stop all his life and we did without holidays ect to buy a home,pay into a pension for almost forty years and save like mad so that when we got to this stage in our lives we could relax and enjoy ourselves.
We sacrificed,as a matter of choice lots of things that people expect as the norm nowadays.
I seem to remember my parents and also my grand-parents doing the same however we did'nt begrudge them anything as they too had made the same sacrifices.
As for my home there's no wealth there,it's my home(not an asset my home) and I need to live somewhere so if I sold it I'd just have to get somewhere else.
Why are some younger people (and I say some because I know a lot who don't) feel so envious of the so called baby boomers.
When we were in our 20s we had sod all but instead of moaning we just got on with it and tried harder.
Life is a struggle no matter when your'e born,you've just got to get on with it and make the best of it.

kabayiri

Isn't this just the latest 'cause celebre' ?

So you're a 20 something who wants to make money. Might I suggest some options ? :-
- the next Google / Facebook / Amazon opportunity is sat out there right now, with a vast global audience of information hungry customers
- you're in your 20s right?, so you are obviously in a 'band'. It's never been easier to put out your music to a global audience
- exercise the 'no ties' option. There is no law saying you have to buy property in the UK.

The reality is that the current times are a period of uncertainty for everyone, not just the younger generation. The reasons are many. Rather than look for a visible target group to pin the blame on, we should look at ways of creating new wealth and cheaper housing.

bodmil

HAMISH_MCTAVISH wrote: »

Read this elsewhere today....

Kippers "Kids In Parents' Pockets Eroding Retirement Savings"

Ipods "Infantile Posse of Over-indulged Drunks"

Sounds about right with all the house price whiners on here.....

Those who moan about the young generation forget who raised it.

ILW

kabayiri wrote: »

The reality is that the current times are a period of uncertainty for everyone, not just the younger generation. The reasons are many. Rather than look for a visible target group to pin the blame on, we should look at ways of creating new wealth and cheaper housing.

I have an idea.
Build lots of quality houses and sell them cheaply whilst making a good profit on each one.
Problem solved, now world peace.

the_flying_pig

MRSTITTLEMOUSE wrote: »

You've hit the nail on the head here.
I suppose we're baby boomers(late 50s) and I feel no guilt in the fact we are,why should we?.
My husband has worked none stop all his life and we did without holidays ect to buy a home,pay into a pension for almost forty years and save like mad so that when we got to this stage in our lives we could relax and enjoy ourselves.
We sacrificed,as a matter of choice lots of things that people expect as the norm nowadays.
I seem to remember my parents and also my grand-parents doing the same however we did'nt begrudge them anything as they too had made the same sacrifices.
As for my home there's no wealth there,it's my home(not an asset my home) and I need to live somewhere so if I sold it I'd just have to get somewhere else.
Why are some younger people (and I say some because I know a lot who don't) feel so envious of the so called baby boomers.
When we were in our 20s we had sod all but instead of moaning we just got on with it and tried harder.
Life is a struggle no matter when your'e born,you've just got to get on with it and make the best of it.

What a load of crap.

It is a matter of public record, never mind common sense, that it is far more difficult for an average earner to get decent housing housing today than it was for an average earner to get decent housign 30 years ago. Why do a handful of idiotic boomers have to insist that it's 'just the same'? Why presume this? Why not, if one is bothering to contribute to a debate of this sort, take the trouble to remember what both housing costs and wages were back then?

You mention holidays, that's something that's patently many times cheaper today than thirty years ago - did hundreds of thousands of average 20 year olds of the 1970s get the chance to routinely go on holidays to Thailand, or Mexico, or India, or whatever else in those days? Of course not, it's a new opportunity that today's young have and yesterday's young didn't... so why not apply the same rigour to housing when we've just seen how ridiculous it might potentially be to say that opportunities [of various sorts] have remained unchanged through the decades? Does today's average 25 year old have access to the same standard of accommodation as the average 25 year old of the 1970s? The answer is of course not - housing has become vastly more expensive and scarce, just as exotic holidays have become vastly cheaper and more widely available. Just look at the places that young average earners are living in today compared with then and look at how much debt they have.

And before anyone thinks of suggesting it, no the two things don't exactly cancel it each other out. The impact of house prices doubling in a short space of time blew any number of holidays, ipods, etc out of the water - the order of magnitude was vastly different.

Today is a better time to be a 15 or 20 year old than the 1970s in terms of the cheap gadgets, holidays, etc that are available just as it's a worse time to be a 25 or 30 year old in terms of housing costs.