Generation Whine

ninky_2

i think there was a lot more social mobility for the boomer generation. those poorer kids that went to university had not tuition fees but maintenance grants. they were also entitled to housing benefit during the holiday periods to cover rent.

neither of my parents went to uni but (despite my dad working) were offered a council house or a glc mortgage. they chose the property ladder and could afford a detatched country home by the time i was ten on just my dad's wage (which wasn't very high).

people talk about their parents struggling but compare this to the many who live in shared rented accommodation well into their 20s and even 30s these days.

the_flying_pig

Chris2685 wrote: »

No, we haven't. Most older folk I speak to at work or family totally agree that todays generation of school-leavers - 30 year olds have a much harder time economically than they did in the same situations. However, it is not the worst thing in the world. At least World War III didn't start, I am sure I prefer being a bit hard up than having my head blown off

I think it's fairly widely recognised by most reasonable boomer-generation types who are mentally capable of properly remembering how things were 20 or 30 years ago that people born in the 80s [and typically much of the 70s] have it harder financially than they did.

Two of the last five or so weddings that I've been to [one catholic, one protestant] have had vast mortgage debt explicitly referred to by a clergyman in his 50s giving the service as a particular challenge facing today's generation of young marrieds.

Of course there are also plenty of boomers who don't care and/or who are too stupid to properly cast their mind back to their younger days.

Percy1983

ninky wrote: »

people having children later isn't a social problem really though. people are living longer and having more healthy years. it will actually slow populaton growth down which isn't a bad thing. some like me might decide not to have them at all.

To which I agree, but when you have some 'none workers' having children for a living, and people from other cultures having way more than the 2.2 kids I can see a problem.

It seems the indigenous workers are a dying breed and are being replaced by indigenous chavs + other cultures.

abaxas

Why should people be allowed to whine?

If you know something costs £70,000 to make, wouldnt you be a bit hacked off spending 300,000 on it?

ukcarper

ninky wrote: »

i think there was a lot more social mobility for the boomer generation. those poorer kids that went to university had not tuition fees but maintenance grants. they were also entitled to housing benefit during the holiday periods to cover rent.

neither of my parents went to uni but (despite my dad working) were offered a council house or a glc mortgage. they chose the property ladder and could afford a detatched country home by the time i was ten on just my dad's wage (which wasn't very high).

people talk about their parents struggling but compare this to the many who live in shared rented accommodation well into their 20s and even 30s these days.

I would agree that social mobility was better but not because of university. If you didn’t pass your 11 plus you had almost no chance of going to university so most children had their university education taken away by an exam at the age of 11. Fortunately though your chances of getting a job with a future without a degree were much better. I along with a lot of my generation were giving day release and were able to gain qualifications along with work experience a chance denied to most people now.

Blacklight

abaxas wrote: »

If you know something costs £70,000 to make, wouldnt you be a bit hacked off spending 300,000 on it?

Post of the day.

Yes, why shouldn't everything just be sold at cost plus 5% profit margin. The EU should implement this as an absolute cap.

I'll take a this new build flat, I'm sure it didn't cost the builder £4,295,000 to put it together. I'll give them £30,000 and not a penny more!

Generali

abaxas wrote: »

Why should people be allowed to whine?

If you know something costs £70,000 to make, wouldnt you be a bit hacked off spending 300,000 on it?

How would you reflect the scarcity of land in places like Central London? Price reflects scarcity not necessarily cost of production.

abaxas

Blacklight wrote: »

Post of the day.

Yes, why shouldn't everything just be sold at cost plus 5% profit margin. The EU should implement this as an absolute cap.

I'll take a this new build flat, I'm sure it didn't cost the builder £4,295,000 to put it together. I'll give them £30,000 and not a penny more!

You are confusing open and manipulated markets.

Anyone who makes someone has the right to charge what they like, the decision of purchase comes from the buyer. Ie the price is set by what the market will take.

Housing is different as there is a block on supply via market manipulation, ie the 1947 housing act.

Dont you find deliberatly casuing rationing of human need a little sick? Lots here do, maybe we should ration their healthcare? Food? etc?

ninky_2

Generali wrote: »

How would you reflect the scarcity of land in places like Central London? Price reflects scarcity not necessarily cost of production.

of course many would like to move out of central london but the concentration of certain types of work in the capital means this isn't possible. successive governements have failed to move things out the regions which would alleviate the pressure.

StevieJ

Percy1983 wrote: »

If you can honestly say you would recommed any sane person buy a flat in Oldham? if you know the area you will understand.

Ideally I would love to get out of the area, its all very well you saying there is cheap housing near me, but trust me you don't want to live there. There is nicer parts of Oldham which aren't to badly priced to which I am saving for. Round here most cheap property gets bought up by BTL parasites, which then get rented to none working parasites. I don't want to move into the middle of it.

Don't worry my name isn't actually Percy, I have a normal name so no bitterness there. :rotfl:

I have actually been in that Alexandra park near where one of those properties I quoted and I thought it was very nice and well looked after which is a good sign the Asians seem to like it there. I must admit though if I were to move to Oldham, I would head for them thar hills.