Resentment of this generation

System

Oldernotwiser wrote: »

Personally, I think it's worth explaining that my generation didn't have it as easy as some people think - it's not a question of winning the argument.

Fine.

I guess I should be more specific, I don't see what "young people" have to gain, people spend so much time whinging about what isn't fair, it won't change anything.

Cleaver

Thrugelmir wrote: »

That included walking round Sainsbury's with a calculator while doing the weekly shop to see what was in the trolley.

Calculator around Sainsbury's? You rich so and so. I was forced to wander around Netto with an abacus.

the_flying_pig

Londonsu wrote: »

Actually no it doesnt

We bought a flat In Clapham in the 80s and sold it last year.

In the 80s Clapham was a dump, we had a race riot, a rape murder and armed police storming the flat opposite in the the first 6 months of moving in.

When we sold last year Clapham was being marketed as a desirable area full of trendy bars and eateries which it is to a large extent, young people bought into that and paid over the odds just to live there

So no we couldnt have afforded a Clapham flat on our wages now but we could have afforded one in a less trendy area of London.

Now thats the same position we were in in the 80s, we couldnt afford a property in Chelsea or Battersea but we could afford a property in the 'Rougher' Clapham.

So to ask could we afford to buy our property today is meaningless, when asking prices in Clapham are due to factors that didnt exist when we moved there

yeah but for the reasons you list clapham massively outperformed the national average over that period so it's unsurprising that you failed graham's test.

the more pertinent point is that a very large number of houses in the country, that haven't undergone any kind of gentrification or other change, would fail it too.

grizzly1911

Oldernotwiser wrote: »

If you can only afford £100, it doesn't really matter whether the thing you want costs 1 or 2 grand, you can't afford it.

The trouble is some think they can:o

the_flying_pig

Oldernotwiser wrote: »

I remember it well. The 1 bed flat I would have liked to buy (at £5,000 it was 5 times my income! ) went up to £10,000 in less than a year.

ah yes.

100% p.a. pwoperdee inflation. I remember it well.

well documented by published stats too _pale_

Cleaver

the_flying_pig wrote: »

pwoperdee

For some reason I always hate the way you write 'pwoperdee' instead of 'property'. I have no rational reason for this.

grizzly1911

Cleaver wrote: »

For some reason I always hate the way you write 'pwoperdee' instead of 'property'. I have no rational reason for this.

Thanks for the intwerpretation:p

Seriously I didn't have a clue - how sad.

ukcarper

the_flying_pig wrote: »

ah yes.

100% p.a. pwoperdee inflation. I remember it well.

well documented by published stats too _pale_

Nationwide last quarter 1971 £5.5k 1st quarter 1973 £8.4k = 52% but as is often pointed out that is average. The house I was referring to was a new build in the south east I can assure you that the houses in that particular road were £5350 at the beginning of 1972 and were £10500 in the beginning of 1973.

the_flying_pig

Cleaver wrote: »

For some reason I always hate the way you write 'pwoperdee' instead of 'property'. I have no rational reason for this.

Hmph, well I like it. Not sure I can explain its origins - I suppose I picked it up on HPC. Phil Spencer has a bit of a lisp, I think that's a big part of it. I quite like it because I think it conveys a lot in a single word - sort of like, although I'm not explaining it very well, that the user is trying to ameloriate, you know, it's not a semi - it's a pwoperdee, to try and use a word, and a pronunciation of that word, that puts a positive spin, whilst in fact it's unknowingly pejorative, revealing that the user has thoughtlessly bought into bubble mentality.

the_flying_pig

ukcarper wrote: »

Nationwide last quarter 1971 £5.5k 1st quarter 1973 £8.4k = 52% but as is often pointed out that is average. The house I was referring to was a new build in the south east I can assure you that the houses in that particular road were £5350 at the beginning of 1972 and were £10500 in the beginning of 1973.

yeah, and I bet your mum let you have chips for tea every single night :exclamati