ConservativeHome: We Need House Prices To Go Up

Percy1983

Cleaver wrote: »

but does the internet guru who makes money from ad clicks make much of an effort? Same difference isn't it?

The difference is all a boomer had to do was buy a house (which they probably would anyway) and they would be rich 40 years later.

Are you saying all me and everybody else born after 1980 just needs to setup a website and we will all be rich? Yes I wish I came up with facebook, buts not something we all would be doing anyway and it can't raise money for all of us.

I do agree in some ways things have got better, but to support that lifestyle both parents have to work full time.

JonnyBravo wrote: »

I won't bother about giving you the story about how I ended up being a landlord (or parasite), whichever phrase you want to use today, but suffice to say it too isn't covered by your simplistic generalisations.

I really am interested in how you become a landlord, I ask why you have to own more than one property, how/why did you end up with more than 1, and why didn't/can't you sell them so a hard working family can live in it without you robbing them?

Maybe I really am missing something, these are genuine questions.

ukcarper

Percy1983 wrote: »

The difference is all a boomer had to do was buy a house (which they probably would anyway) and they would be rich 40 years later.

Are you saying all me and everybody else born after 1980 just needs to setup a website and we will all be rich? Yes I wish I came up with facebook, buts not something we all would be doing anyway and it can't raise money for all of us.

I do agree in some ways things have got better, but to support that lifestyle both parents have to work full time.



I really am interested in how you become a landlord, I ask why you have to own more than one property, how/why did you end up with more than 1, and why didn't/can't you sell them so a hard working family can live in it without you robbing them?

Maybe I really am missing something, these are genuine questions.

We still need to live somewhere.

I could complain that I was branded a failure at 12 because I failed my 11+ had no chance of going to university but I just got on with it and lived my life.

Cleaver

Percy1983 wrote: »

The difference is all a boomer had to do was buy a house (which they probably would anyway) and they would be rich 40 years later.

Are you saying all me and everybody else born after 1980 just needs to setup a website and we will all be rich?

No. I guess I'm just saying that it is what it is. Different generations have good and bad aspects, it isn't always fair, and most people just get on with it.

Percy1983 wrote: »

I really am interested in how you become a landlord, I ask why you have to own more than one property, how/why did you end up with more than 1, and why didn't/can't you sell them so a hard working family can live in it without you robbing them?

Maybe I really am missing something, these are genuine questions.

I don't want to answer for JB and I'm sure he'll respond anyway. I reckon he rents a house because:

1) There's a market for it, i.e. people want to rent a house and he supplies one
2) He feels that it's a long term profitable business, hence why he does it.
3) He doesn't buy in to the 'why don't you sell it to a hard working family?' mentality. If he sees it as a business (which I believe he does) why would he sell it for altruistic reasons? Does someone who owns a sandwich shop, or an insurance agency or an accountancy firm sell it so that a hard working family can buy it?

careinthecommunity

Sibley wrote: »

What is a greedy boomer?

Somebody who buys a house and makes a load of money on it?

That makes me happy as it would you if you had the property.

My personal wealth goes up and chances of good retirement increase.

I don't care about future generations. I don't care about anyone apart from myself and my family.

If you say you are any different you are lying. It's easy to talk over peoples houses down. You wouldn't want to lose anything on your own place.

wow,

quick question how do you see your family living in the future is it a case of landed gentry or a case of ever more loan multiples, either way it doesnt look good if you take a step back does it

JonnyBravo

Percy1983 wrote: »

The difference is all a boomer had to do was buy a house (which they probably would anyway) and they would be rich 40 years later.

Rich? Most aren't rich. You cant get your hands on that money easily as is so often pointed out.

Percy1983 wrote: »

I really am interested in how you become a landlord, I ask why you have to own more than one property, how/why did you end up with more than 1, and why didn't/can't you sell them so a hard working family can live in it without you robbing them?

Maybe I really am missing something, these are genuine questions.

I bought a house which needed work doing on it. We continued to live where we were whilst work was started on it and put our house on the market. It didn't sell by the time the other house was finshed so we decided to rent it out. This was back in 2004.

I'm now of the opinion (like Cleaver has stated) that actually it's nice little earner. I've had the same tenant all these years. Charged a very decent rent and both parties are happy. She can't afford to buy somewhere at the oment so she rents off me or someone else.
I'm not robbing anyone you silly boy.

careinthecommunity

i should really frequent more time on this forum, and should probably read the thread before commenting but

ukcarper wrote: »

PS you have a good chance of inheriting some of that £125k which most baby boomers don't.

bit of a finger in the air contradiction i think

so taking your finger in the air anaolgy, we can say that if you are unlucky enough that you do not get any of the £125k you now have the knowledge of having houses at a higher multiple of wages than your parents, without the job prospects, pension or benefits ...

the one thing you forgot to say is that they have a good chance of winning the lottery and everything will be fine

ukcarper

careinthecommunity wrote: »

i should really frequent more time on this forum, and should probably read the thread before commenting but



bit of a finger in the air contradiction i think

so taking your finger in the air anaolgy, we can say that if you are unlucky enough that you do not get any of the £125k you now have the knowledge of having houses at a higher multiple of wages than your parents, without the job prospects, pension or benefits ...

the one thing you forgot to say is that they have a good chance of winning the lottery and everything will be fine

It’s not a finger in the air and if you could explain to me what you would do or would have done if you were me, to make housing easier to get for this generation please do.

careinthecommunity

very good comment btw

Cleaver wrote: »

They have money in housing, we have access to cheap, worldwide travel. They have a decent pension, we have access to start your own business through the internet that they never ever had. They couldn't have gay relationships for fear of social exclusion, we can generally express ourselfs as we wish.

an advance of technology/lifestyle is naturally greater than the previous generation no? they had technological advances that there parents didnt

Cleaver wrote: »

They (as far as I can see) had far less disposable income and money to spend on entertainment, travel and culture, we're probably the richest generation when it comes to access to these types of things at a low price.

(as far as i can see) the current disposable income has been on credit and acess to easy credit

Cleaver wrote: »

Housing is just one, small thing and who really cares anyway?

come off it there are plenty of people who do care about this, there are even websites dedicated to this and the fact this forum argues this point proves people care

Cleaver wrote: »

Swings and roundabouts. Yes, my parents made money from housing but I think I have a better lifestyle than they did, including more opportunities and excitement.

excitment is a tangable subject, wasnt so long ago people where excited by walking along a pier in blackpool, and i wouldnt say the opportunities are more now than they where, yes someone can start up a business in cupcakes tomorrow, but starting of as an aprentice engineer and working yourself up to be shop manager aren't really there anymore

Cleaver wrote: »

You make it sound as though boomers had a massive and organised plan between themselves to make a shed-load of money through housing. Which isn't really the case as far as I can see, it's just something that happened due to a load of complex factors, many of which were nothing to do with the everyday home owner.

i agree however they do seem to have pulled the rung up beneath them quite quickly, and from what i see not many are willing to pass on any of there recent wealth(even to their own sibblings) even if it is detrement to the population

Percy1983

One of the reasons prices are so high is due to many parasites buying up all the stock, yes you are doing a nice thing in renting to somebody who can't afford a house, but you are part of the reason she can't afford a house!

It nothing like another business, you buy a cake, then there will be another for me and to a point an infinate supply over time, meanwhile you buy a house there is one less house for people to buy.

As I keep saying for the good of the country houses should be homes and not investments, and if they are going to be investments you should be taxed heavily because at the end of the day you are going to get a house so there should be no profit until that house is full paid for. Parasites would think twice about it if the house was actually going to cost them something to buy.

Graham_Devon

Did someone mention cake?