Resentment of this generation

lemonjelly

chucky wrote: »

it really is ironic - if we don't look forward and look back blaming everyone else you'll probably walk into a lamp post.

forget or just deal with the problems and get on with it.

are Wolves officially the best run club in the Midlands now?

In the entire prem league according to Peston.

Wolves & West Brom with their financial models are set to become the powerhouses of UK football - you read it here first!:eek:

lemonjelly

quantic wrote: »

The previous generations do not believe they have made any mistakes though it seems. They think that the deserve the price increase in the house they are in. Makes me laugh watching these home programs on tv, they genuinely believe that putting creme carpets and magnolia paint in the houses is why they made money on them. In most cases they could have set the rooms on fire and they wouldn't have lost money.

You miss the point.

If this generation does the same & blames other generations, then we simply stoop to their level.

If this generation spends all its time & energy criticising previous generations, how are we to remedy the current situation?

Lead by example. Instead of whinging about it, lets do some positive stuff to make it better. When we've done that, we can point to EVIDENCE and say "look, that's better than how it was".

Then we can all move on & get on with our lives. Life is too short for constant recriminations.

lostinrates

StevieJ wrote: »

Maybe they are open untill 7.30 pm?

My local collectors are open till 5:30pm (I'm looking at the leter/form now). I want to give blood and have been asking too for a while, for obvious health reasons its not considered great idea for me..but I can take a day or two on light duties if its usable, for me its worth it.

what is less worth it is that they park in the small doctor's carpark, leaving no other parking, so you have to go from another carpark (no on street parking) and they suggested when I booked I might not be able to walk back to the car afterwards, and at least the first time should have someone drive me home.

(It would make more sense for them to park in the big car park so that patients needing a car could go to the GPs that day as normal and people giving blood could stop near by, no?)

I live in an area where, according to the leter, there are ''low stocks''. Maybe they put that on the letter everywhere, I don't know!

lostinrates

lemonjelly wrote: »

You miss the point.

If this generation does the same & blames other generations, then we simply stoop to their level.

If this generation spends all its time & energy criticising previous generations, how are we to remedy the current situation?

Lead by example. Instead of whinging about it, lets do some positive stuff to make it better. When we've done that, we can point to EVIDENCE and say "look, that's better than how it was".

Then we can all move on & get on with our lives. Life is too short for constant recriminations.

Agreed...but some of the generation before are still taking more than ours will, I think they are part of the current so I think its fair enough to say...this is what you got, this is what you can no longer consider rightful to receive, to do that, and to see where we can change we have to look back a little.

zagfles

quantic wrote: »

I dont want to live in a society where by all someone had to do was buy a house at the right time and that is the difference between financial security and not. Surely there has to be more merit involved than that?

There's lots of thinks you could have bought "at the right time" and made a bigger fortune from.

Friends of mine bought a flat in the late 80's, couldn't afford the mortgage when rates went up to 14%, got their flat repossessed in the early 90's while in negative equity, and it took years for them to pay off the loan for a flat they no longer owned. The idea that the housing market was plain sailing/sure fire investment before 1995 is crackers

lemonjelly

lostinrates wrote: »

Agreed...but some of the generation before are still taking more than ours will, I think they are part of the current so I think its fair enough to say...this is what you got, this is what you can no longer consider rightful to receive, to do that, and to see where we can change we have to look back a little.

Agree.:)

Compare & contrast can be useful. As long as it isn't just to lay blame.

zagfles

chucky wrote: »

they only fell for 18 months i believe, they then stagnated or rose slowly for 4/5 years.

According to Nationwide index they fell every quarter from Q3 1989 till Q1 1993, then were stagnant (rising a little/falling a little) till Q1 1996

Q3 1989 average price was 62,782
Q1 1993 average price was 50,128

zagfles

candygirl wrote: »

I'm glad I got my house at aged 19 for £20k.It's now worth around £170k, so will kind of be my pension, so I can go travelling as planned in a few years:D
I do feel sorry for young people trying to get on the property ladder.My DD and her bf have to pay an etortionate amount of rent to live in a house smaller than mine:o:o

So where are you going to live when you sell your house? Or are you going to travel permanently:)

I know several people who considered their house their "pension", but when it actually came to retiring, they found the cost of their dream retirement cottage was actually similar to or even more than their large family home! Especially after the costs of moving (stamp duty etc) So they never actually benefitted at all from their house increasing in value.

Someone else I know, single with no kids, looked into these home reversion loans, but unless you are very old the amount they give you is trivial (as they need to account for decades of compound interest).

abaxas

Father died last year and we found some docs relative the first house they bought. 3 bed semi on an estate in Whickham (NE).

House cost £3950.
Ave salary in 1972 2,567.74
So 1.5x salary.

Same area today
House marketed at £199.950
Ave salary in 20010 £25,543
So 7.8x salary.

I'm expecting a riot.

quantic

lemonjelly wrote: »

You miss the point.

If this generation does the same & blames other generations, then we simply stoop to their level.

If this generation spends all its time & energy criticising previous generations, how are we to remedy the current situation?

Lead by example. Instead of whinging about it, lets do some positive stuff to make it better. When we've done that, we can point to EVIDENCE and say "look, that's better than how it was".

Then we can all move on & get on with our lives. Life is too short for constant recriminations.

I don't spend all of my time whining about it, in fact - I believe this is the first time I've thought about it. I just wanted to see what everyone else's opinion of it was.

If it really bothered me that much, I would probably be typing on Housepricecrash and not on here, if the prices made me really bitter I probably wouldn't have took the absolute first chance I could to buy a house irrespective of the long term gains.

I have a private pension so don't need to hope and dream that my house will somehow become it, I just felt that maybe the previous generations had something to answer for. Maybe I was wrong, maybe I wasn't.

Sure I find it all frustrating but its not the end of the world...