The generation poorer than their parents

ILW

Very few bought washing machines and VCRs before buying a home.

Graham_Devon

ILW wrote: »

Very few bought washing machines and VCRs before buying a home.

I dunno about that.

Plenty of those renting from the council, which was a much larger percentage of the population had VCRs and washing machines, and rented TV's from Rumbelows.

ILW

Graham_Devon wrote: »

I dunno about that.

Plenty of those renting from the council, which was a much larger percentage of the population had VCRs and washing machines, and rented TV's from Rumbelows.

True, but they generally did not aspire to buy a house at the time.

ess0two

Graham_Devon wrote: »

Watch any TV property !!!!!! including valuations, the seller will always choose to go with the estate agents who values the house at the highest level. Valuing the lowest for quick turnover will do them no good as they won't get the business to turn over in the first place.

Anyway, this thread has about 10 posts which are decent. The rest are just drivel.

See were back to the mobile contracts. So all those before the 30 year olds today NEVER took out contracts on say TV's, or video recorders? They must have, as shops were in every highstreet offering these services.

People are quick to forget what they spent their money on. It really is quite stupid to try and make the younger generations believe that anyone born before 1980, didn't have any technology whatsoever, never went out, never took our any contract and never went on a holiday.

They DID have technology, because in the next post about house prices being lower in yesteryear, the same people will tell you just how much a video recorder cost then. Just how much a walkman cost, which were all the rage. Just how long they spent saving for their Atari and how their washing machine which according to their theory, they shouldn't have bought if they wanted a house, took a whole months wages...yet you still bought them....but by god, woe betide people today buying technology of today.

People forget so easily. Just because people didn't have iphones 30 years ago, it doesn't mean there wasn't something similar that was all the rage that people spent their money on in their twenties.

!!!!!! vcr's,get with it.

mumps

We bought our first fridge when my son was born, had two children, both out of nappies, before I got a washing machine. VCR? That was 1985, never had an Atari, even though my son desperately wanted one, never had a Walkman. Did get a colour TV in 1974 which was very exciting. My eldest was about ten when we got our first car. Never been on a package holiday. Did have my own house at 19 and thought I was very grown up having a mortgage. Guess we all want different things.

Graham_Devon

mumps wrote: »

Did have my own house at 19 and thought I was very grown up having a mortgage. Guess we all want different things.

And are you going to argue times were tougher when it comes to housing back then?

HAMISH_MCTAVISH

Graham_Devon wrote: »

And are you going to argue times were tougher when it comes to housing back then?

Graham,

How many home buyers do you know today that have to sit on old milk crates for chairs for the first few years because they can't afford furniture? That don't own a TV because they can't afford one? That don't have central heating, and huddle around a coal fire in one room of the house wrapped in blankets every winter because it takes years of promotions and/or payrises before they can afford to heat the house properly?

These were the types of sacrifice many people used to have to make to own a house. Not everyone, but a reasonably large percentage.

I don't see anybody making those sacrifices nowadays.

ILW

Doubt that was very common, but I believe a major factor now is that it appears close on a majority do not start full time work until their early twenties. You can build up a fair bit of financial capital in that five years which for many is totally wasted time doing useless degree courses.

HAMISH_MCTAVISH

ILW wrote: »

Doubt that was very common,.

I remember going over to my mates house when he bought his first flat.

For the first year or two it was milk crates for chairs, and a big old box with a sheet over it for a table.

Like I said, this wasn't the majority, but it was a significant minority.

And I don't see anyone living like that these days.

LilacPixie

HAMISH_MCTAVISH wrote: »

I remember going over to my mates house when he bought his first flat.

For the first year or two it was milk crates for chairs, and a big old box with a sheet over it for a table.

Like I said, this wasn't the majority, but it was a significant minority.

And I don't see anyone living like that these days.

haha I had plastic B&Q garden chairs I liberated from my parents :rotfl: and that was 2003.

When I bought my 1st house I had my bed, bedding, and a toaster. :rotfl::rotfl::o