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The generation poorer than their parents

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Comments

  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 1 August 2011 at 8:02PM
    Can I query what generation we are referring to my I’m an early boomer and my children and most of their friends are in a better position than I was at their age. But the prospects for children in their early twenties does look very grim especially the ones who have not got good qualifications.

    I think there is to much whinging about house prices ok I got my house relatively cheaper but I could still buy the same house now using today’s lending criteria. But the thing I think I did benefited from as did a lot of other people my age was that you could leave school with hardly any qualification and still get a job with good training and prospects.
  • olly300
    olly300 Posts: 14,738 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    zagubov wrote: »
    When I meant rooms I meant them in the old-fashioned way of 2-apartment 3-apartment dwellings ie 2 or 3 reception or bed rooms.

    There's still houses /flats where people sleep on fold-down beds/sofabeds / put-u-ups / zed-beds whatever in what some would call living rooms, but it used to be a lot more common.

    And lots of people lived in digs/lodgings which would be where people have their spare offices/guest rooms now. I wasn't implying toilets/kitchens/outhouses or toolsheds!

    If it's an office why is it "spare"?

    Unlike in eras gone by lots of people now spend time working from home and some people can be completely home based. This can include people such as call centre workers.

    This again is due to technological advances particularly broadband internet connections.

    So if you have the space then you can dedicate a small room to hold all your work equipment. If you don't then you use part of a room that isn't used in the day.
    I'm not cynical I'm realistic :p

    (If a link I give opens pop ups I won't know I don't use windows)
  • olly300
    olly300 Posts: 14,738 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    ukcarper wrote: »
    Can I query what generation we are referring to my I’m an early boomer and my children and most of their friends are in a better position than I was at their age. But the prospects for children in their early twenties does look very grim especially the ones who have not got good qualifications.
    The article was people under 30.
    ukcarper wrote: »
    I think there is to much whinging about house prices ok I got my house relatively cheaper but I could still buy the same house now using today’s lending criteria. But the thing I think I did benefited from as did a lot of other people my age was that you could leave school with hardly any qualification and still get a job with good training and prospects.

    That's been the case for a few decades.
    I'm not cynical I'm realistic :p

    (If a link I give opens pop ups I won't know I don't use windows)
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    This thread is about wealth and the cost of houses for two (or three) different generations.

    It's not about life expectancy, health, or education. My point was houses get smaller, and worse quality. You've linked up to an article nothing to do with that.

    Sorry about that.

    The OP linked to a TV show with Alvin Hall - did anyone watch it?

    Housing was just a part of the potential wealth gap - it's being overweighted here because this is a debate house prices board and all things have to lead back to that.

    Not quite sure how you work out that houses are smaller now. Do you have some data to support that?

    And it's just wrong to suggest that houses are of a poorer quality. How many houses had central heating, double glazing, gas, lead pipes, even indoor toilets 40 years ago compared to today?
  • geneer
    geneer Posts: 4,220 Forumite
    ukcarper wrote: »
    I’m an early boomer

    Would never have guessed it.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    olly300 wrote: »
    The article was people under 30.



    That's been the case for a few decades.

    I’m not sure it has been as bad as it is now.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    geneer wrote: »
    Would never have guessed it.

    Another of your inane posts
  • zagubov
    zagubov Posts: 17,939 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    olly300 wrote: »
    If it's an office why is it "spare"?

    Unlike in eras gone by lots of people now spend time working from home and some people can be completely home based. This can include people such as call centre workers.

    This again is due to technological advances particularly broadband internet connections.

    So if you have the space then you can dedicate a small room to hold all your work equipment. If you don't then you use part of a room that isn't used in the day.

    Ah that should have been spare room, office,.... The UK used to compare badly with most of Europe in comparing number of rooms per person. Not sure if that still applies.
    Tried to find up-to-date data. Found this and its very interesting but not quite got enough detail on overcrowding.
    http://appsso.eurostat.ec.europa.eu/nui/show.do?dataset=ilc_lvho04&lang=en
    -lots of Europe isn't overcrowded either by the look of it.

    Still looks like twice as many rooms as people though. Ireland more so what with their recent building boom - maybe other countries aren't immune to these bubbles either. :(
    There is no honour to be had in not knowing a thing that can be known - Danny Baker
  • fc123
    fc123 Posts: 6,573 Forumite
    DervProf wrote: »
    And yes, the internet has opened up huge opportunities. Likewise it has closed others.

    I am trying to think which opportunities the internet has closed. Genuine question as I can't think of any.
    ILW wrote: »
    Why do people feel entitled to a higher standard of living than their parents?
    .

    Then there's the clogs to clogs in 3 generations syndrome too.

    Watched a country house rescue recently and the 20 something son trying to work out a way to be able to afford to keep the house ( more of a mansion) and land that he will inherit one day.

    The father farmed and it was no longer viable as a business to support the whole lot whereas it had been a good living for the previous generations.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    wotsthat wrote: »
    Sorry about that.

    The OP linked to a TV show with Alvin Hall - did anyone watch it?

    Housing was just a part of the potential wealth gap - it's being overweighted here because this is a debate house prices board and all things have to lead back to that.

    Not quite sure how you work out that houses are smaller now. Do you have some data to support that?

    And it's just wrong to suggest that houses are of a poorer quality. How many houses had central heating, double glazing, gas, lead pipes, even indoor toilets 40 years ago compared to today?

    Again, were back to technological advances.

    A lot of houses didn't have those things because they were not the norm. Does not mean the house build was of lower quality.

    Give it 40 years, will you state houses are much better quality because most have solar panels on their rooves? Regardless of how the house is built?
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