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Debate House Prices
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Generation Whine
Comments
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Well it was certainly my experience of living in the (always expensive) SE of England. I didn't now a single person who began home ownership with a house. Things may have been different in other regions, of course.
I know plenty of people who started out home ownership with a house.
And still know people who have done.
FTBs cover people at different stages in life as not everyone buys a property in the same situation or age in life.I'm not cynical I'm realistic
(If a link I give opens pop ups I won't know I don't use windows)0 -
So what happens when one parent (normally the woman) stops working or works part-time?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?
The mortgage isn't suddenly going to decrease in price.I'm not cynical I'm realistic
(If a link I give opens pop ups I won't know I don't use windows)0 -
the_flying_pig wrote: »Is he quite that old? If so his occasional attempts at using juvenile webspeak such as 'epic fail' are even sillier than I'd imagined. I'd imagine him being born kind of, er, roundabout the time England were last good at football so 1966-1970 pretty much. More early than mid 40s. Very much a baby boomer in the British rather than international sense.
If he'd been born in 1966, he's be 44, or nearly so. Pretty much bang on mid-40s (-:...much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
pinkteapot wrote: »
No doubt my parents despaired of the state of the market in the early 70s; they simply couldn't have imagined how their position would change.
My parents married in 1974, and bought a maisonette in Blackheath. 2 beds, living room, dining room, kitchen, bathroom. They were then aged 27 and 25, my mother was a teacher (the elder of the pair) and my father was a baby barrister.
I really doubt a couple in the same jobs could buy that place now....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
I and many others aren't having children until we have a house, higher house prices to many mean more saving and basically which leads to having children later. In our case we will be having children in our early 30s if all goes to plan, yet ask the baby boomers and they mostly had there children in there early 20's.
Not always. My maternal grandmother was 39 when my mother was born (the war got in the way of child-rearing), my mother was 30 when I was born, her eldest child, and I was 27 when my son was born.
We haven't bought a house yet, and our child is 5....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
What I am trying to say is, if you want to have kids, just have kids. Don't be irresponsible by any means, but you shouldn't put off life for a house.
My mother says that if everyone waited for the "right time" to have a baby, the human race would die out sharpish....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Blacklight wrote: »
First of all you're lucky to have a bloody education and not have to leave school at 15/16 to support your family like your parents did. Most baby boomers I know with a degree were in their 50's when they got it. So you have to pay for higher education. Tough, if you want to earn a big salary you're going to have to shed the cotton wool wrapping, stand on your own two feet and deal with it. Your parents had it harder at your age.
Depends. Not true for me. My parents were both university educated (they are now 60 and 62) and were the first generation in their families to go to higher education. They left university with no debts....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
Not sure you are right there, rough wage for a lorry driver now is about £40k. This would get a mortgage of about £150k. You can buy a house in nearly any region of the country for that. (Even some parts close to London)
Are you sure about the wages?
My sister has an HGV licence. She was on £7.50 an hour last year....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
pinkteapot wrote: »
I think that's a massive generalisation. The boom-age people I know who are in a 'nice' house; the type of that age that people targeting the generation have in mind, had the main bread-winner in a reasonably senior job, and the vast majority had the other person in at least some employment (part time, low paid generally).
Most of my school friends at secondary school lived in a large-ish house in south London, had a working father, a not-working or part-time working mother, and siblings....much enquiry having been made concerning a gentleman, who had quitted a company where Johnson was, and no information being obtained; at last Johnson observed, that 'he did not care to speak ill of any man behind his back, but he believed the gentleman was an attorney'.0 -
neverdespairgirl wrote: »Are you sure about the wages?
My sister has an HGV licence. She was on £7.50 an hour last year.
I agree and think HGV wages have been pushed down over the past few years. I know HGV drivers on £20-25k in the SE as well as very highly trained ones who drive petrol tankers on less than £40k.Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
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