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Debate House Prices


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Resentment of this generation

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Comments

  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Percy1983 wrote: »
    I am doing tasks many of those before me could not, while many of them did tasks I can do.

    So you agree you have it better than them.

    I presume you would not like to be forced in to a factory at 16 along with 90% of the population to bring money in.

    Strange how people lose track of why they are in the jobs they are in and the oppertunity they now have.

    Your fore farther's were not thick or lazy, they are the reason you have the oppertunity you have now. they never had the chance you had!
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 16 June 2011 at 12:09PM
    I don't personnally hold a massive level of resentment as I am doing just fine, it was more an open question of do you expect resentment when you expect people to do more for less reward?
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Percy1983 wrote: »
    it was more an open question of do you expect resentment when you as people to do more for less reward?

    Is there any proof of that though?

    When most of the population were low paid houses were cheaper.

    As better work opened up to more and 1 in 3 were supervisors/ managers instead of 10% is it really a shock that you need more to buy a house.

    It is current higher incomes that make house prices what they are today?

    So perhaps the argument is the oppertunity they gave to their children caused HPI not them.
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Really2 wrote: »
    Is there any proof of that though?

    I can look directly at my parents, as a full time security guard + part time checkout operator they could afford a bigger house than we can now afford as a full time accountant + full time teaching assistant.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    Percy1983 wrote: »
    I can look directly at my parents, as a full time security guard + part time checkout operator they could afford a bigger house than we can now afford as a full time accountant + full time teaching assistant.

    But that is because everyone was on a lower wage? (if 80% are on a lower wage prices will be cheaper)

    You are an accountant cant you see if you have
    (simple terms)

    Then
    10% Very low Wage
    70% average - low wage
    10% Above average
    10% Very High

    Now
    10% Very Low Wage
    20% Low Wage
    40% Average Wage
    20% Above Average Wage
    10% Vary High Wage

    It is easy to see that the demographic for purchasing has changed from a low to average wage to a average - above average wage.

    80% then made up the lowest paid, in the later 70% make up average to Very high (the same as very low to Average)

    More people in better jobs mean that being a security guard will not get you a house as your wage now would be low compared to then it would have been at least average.
  • JulieElizabeth
    JulieElizabeth Posts: 1,981 Forumite
    zagfles wrote: »

    We have enough property in the country to house everyone, afforably, if the incentives were there to use property efficiently rather than waste it.


    That sounds like communism to me
    NO MORE HANDWASH GLITCHES PLEASE :D:D
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    FTBFun wrote: »
    "Older people have more money"

    In other news, bears also like to leave their droppings in forested areas.

    That's uncalled for, I am house trained - just managed - it shame I will be going the other way soon.:)
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Really2 wrote: »
    But that is because everyone was on a lower wage? (if 80% are on a lower wage prices will be cheaper)

    You are an accountant cant you see if you have
    (simple terms)

    Then
    10% Very low Wage
    70% average - low wage
    10% Above average
    10% Very High

    Now
    10% Very Low Wage
    20% Low Wage
    40% Average Wage
    20% Above Average Wage
    10% Vary High Wage

    It is easy to see that the demographic for purchasing has changed from a low to average wage to a average - above average wage.

    80% then made up the lowest paid, in the later 70% make up average to Very high (the same as very low to Average)

    More people in better jobs mean that being a security guard will not get you a house as your wage now would be low compared to then it would have been at least average.

    Very true which goes back to my previous statement, we have to do more for less reward... do you expect that to breed resentment/bitterness?
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • Really2
    Really2 Posts: 12,397 Forumite
    10,000 Posts Combo Breaker
    edited 16 June 2011 at 1:11PM
    Percy1983 wrote: »
    Very true which goes back to my previous statement, we have to do more for less reward... do you expect that to breed resentment/bitterness?

    But that does not ring true to me, you have a better job but that better job is offset by everyone else having a better job?

    I can see what you are saying but would rather be where you are now as a coal miner or as an accountant?

    It is those around you on similar wages that set the price, not your farther as a Secrity Guard.

    Ony way of changing it is going back to the past and limiting opertunity but would that be fair and do you not feel they would have more to resent not having a chance of betering themselves.

    So I think what you are trying to say is you earn more but have to pay more to get the same things (like a house).
    To Me that is reflection of money competition in your salary range, not something you should resent the past for.

    On true thing in life no matter how fair you make things (equal opertunitys for all, better education for all etc) It will always look like some one is getting more than your entitlement if you compare it to the past and not too what is happening now.

    I dare say your son will be busting your balls about it when you are older, I look at my sons toy room and think I never had a 10th of this.
    I dare say the boomers resent the chances you have had also and the things they had to sacrifice to get you to where you are.
    I bet your first bike was a weeks money to your dad, look what they are now. Looking back can look unfair to both I think.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Really2 wrote: »
    But that does not ring true to me, you have a better job but that better job is offset by everyone else having a better job?

    I can see what you are saying but would rather be where you are now as a coal miner or as an accountant?

    It is those around you on similar wages that set the price, not your farther as a Secrity Guard.

    Ony way of changing it is going back to the past and limiting opertunity but would that be fair and do you not feel they would have more to resent not having a chance of betering themselves.

    So I think what you are trying to say is you earn more but have to pay more to get the same things (like a house).
    To Me that is reflection of money competition in your salary range, not something you should resent the past for.

    On true thing in life no matter how fair you make things (equal opertunitys for all, better education for all etc) It will always look like some one is getting more than your entitlement if you compare it to the past and not too what is happening now.

    I dare say your son will be busting your balls about it when you are older, I look at my sons toy room and think I never had a 10th of this.
    I dare say the boomers resent the chances you have had also.

    Come on Really. The last decade has shown us it wasn't solely about the amount of money you had.

    Regulation and lending was a massive part of the house price boom. It wasn't all based on the amount people earned.
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