Generation Whine

A._Badger

I note the persistent mention of 'kids' in some of these posts. What happened to waiting until after you have found stable housing? Has birth control been uninvented? Is this another example of entitlement culture?

Certainly, in the country town where I spend much of my time now the average age for pregnancy seems to be about 16 - whatever the government's statistics are massaged to claim!

I had always assumed it was being done as a means to get on the list for council housing and 'benefits' but I'm starting to wonder.

Graham_Devon

A._Badger wrote: »

I note the persistent mention of 'kids' in some of these posts. What happened to waiting until after you have found stable housing?

What difference does it make? You will still need to pay the mortgage on either one wage, or 2 wages, and find childcare.

Please, don't lump all those working and wanting to provide for themselves in with the 16 year old preganant kids.

And please let's not pretend the boomers all waited. Age of parents is going up, not down.

A._Badger

Graham_Devon wrote: »

What difference does it make? You will still need to pay the mortgage on either one wage, or 2 wages, and find childcare.

Please, don't lump all those working and wanting to provide for themselves in with the 16 year old preganant kids.

And please let's not pretend the boomers all waited. Age of parents is going up, not down.

The age of parents depends on which stratum of society you are talking about. That's precisely what I meant by 'massaged figures'.

Your first sentence misses the point entirely. If you do not yet have children you have access to two incomes to service a mortgage and no need to pay childcare.

Generally speaking, horses go before carts.

ukcarper

Graham_Devon wrote: »

Why not just look at real jobs instead of guessing? The ACTUAL wages are out there, so no need to just pluck figures.

---

Commercial Gas Engineer - Middlesex, Middlesex
Position: Commercial Gas Engineer
Location: Middlesex
Salary: £10-15/hr plus vehicle, o/time

---

Sort out your own van and qualifications and you can get:

Commercial Gas Engineer

Surrey (Permanent)
£16.50 - £19.50 / Hour
Commerical Gas Engineer required for large facilities service and maintenance client. Must possess service and breakdown commerical gas experience on large communal boilers. To start asap for approximately 2-3 months - must have own van and recently gas safe registered

The first job includes van

Generali

ILW wrote: »

My parents both worked full time in the 70s
If it was so much easier to buy house then, why did less than 50% own, as opposed to around 70% now?

Because many people were unable to get a mortgage.

Houses were cheaper. The reason was that they were harder to buy which kept demand down.

HAMISH_MCTAVISH

Generali wrote: »

Because many people were unable to get a mortgage.

Houses were cheaper. The reason was that they were harder to buy which kept demand down.

So, just to be clear.....

In ye olde days, half the population could not buy a house because of mortgage rationing.

In modern days, half the population cannot buy a house because of mortgage rationing.

I think I'm getting the hang of this website now. Argue about the same old !!!!!! for a few decades, whilst nothing really changes.

ILW

HAMISH_MCTAVISH wrote: »

So, just to be clear.....

In ye olde days, half the population could not buy a house because of mortgage rationing.

In modern days, half the population cannot buy a house because of mortgage rationing.

I think I'm getting the hang of this website now. Argue about the same old !!!!!! for a few decades, whilst nothing really changes.

So you agree that lack of mortgage availability drives down prices.

HAMISH_MCTAVISH

ILW wrote: »

So you agree that lack of mortgage availability drives down prices.

Mortage availabilty is one component of demand. There are others.

But whether prices fall or rise in the face of decreased demand depends on whether supply adjusts as well.

And as the last 3 years have taught us, supply in the UK falls off a cliff when prices fall.

Graham_Devon

HAMISH_MCTAVISH wrote: »

Mortage availabilty is one component of demand. There are others.

But whether prices fall or rise in the face of decreased demand depends on whether supply adjusts as well.

And as the last 3 years have taught us, supply in the UK falls off a cliff when prices fall.

That's right.

It's different this time.

HAMISH_MCTAVISH

Graham_Devon wrote: »

That's right.

It's different this time.

No Graham, it isn't different this time.

Which is exactly the point.