Baby Boomers making out like bandits as usual

reweird

These ridiculous sence of entitlement and massive chips of the should as displayed by 'ruggedtoastie', 'Percy123', and young 'JimmyLad' are simply the product of these children pushing 30 years old still living at home under the parents rules and finances. If these man-babies, as I perfer to call them, had cut the umbilical cord to their parents purse, moved out, grown a pair, and learnt to stand on their own 2 feet unsupported, then they'd appreciate more that for everything in life you put in you get out. Instead of these boys out working, earning, and learning, they sit on here, and other fora, day in day out moaning about their lot. Meanwhile in the real World people just knuckle down and get on with their life and their lot. Grow up children. No one stole or owes you anyhting.

JonnyBravo

Jimmy_31 wrote: »

100k houses in my area are now priced at 60 to 70k

Jimmy_31 wrote: »

Thats kinda like what im doing, it takes a lot longer than a couple of years to get a deposit together though.

Oh jimmy you drama queen.
How long is going to take to save a deposit for a 60k house?
Gosh I dont know how youll ever manage it :roll eyes: :rotfl:

Going4TheDream

ukcarper wrote: »

This thread was started as a blatant attack on babyboomers so if people respond you shouldn’t be to surprise. I personally don’t think all young people are irresponsible whingers I know plenty who aren’t. Obviously people had fun in the 60s and 70s I had a couple of holidays abroad before I got married. But once I decided I wanted to get married and buy a house we did very little for 2 years and managed to save the equivalent £20k in two years which was all of my take home pay.

Very few if any single working class people bought homes then.

I think the one advantage I did have was the jobs with good prospects available to me after leaving school with not many qualifications.

That is a very valid point and actually a fairly big part of the problem we see today and funnily enough not caused by baby boomers

By 2030 18% of households will be made up of single people. It is around 15% ish today. I know the figures will include those in social housing where extra rooms etc are not encouraged but how many single people younger people have bought houses over the last say 10 to 15 years?

I know of many couples in their mid 30's approx who both owned/were buying a 2 or 3 bed home. And when deciding to marry or move in together often moved into one of them and rented the other out and still do.....

Going4TheDream

FATBALLZ wrote: »

Oh look, another boomer retard talking utter crap and attempting to rewrite history.

Firstly, 'post war' boomers, are exactly that, people who were born after the war, so don't try bringing that into it.

Secondly, the national debt was back to around 100% by 1960, when the very first boomers would have been 14, so even the ones who did work at that age would have made next to no contribution to paying the debt back due to not earning much.

'The UK took a loan for $586m (about £145m at 1945 exchange rates), and a further $3,750m line of credit (about £930m at 1945 exchange rates). The loan was to be paid off in 50 annual repayments starting in 1950, although there were six years when payment was deferred because of economic or political crises.'

http://news.bbc.co.uk/1/hi/magazine/4757181.stm

It seems that baby boomers and their children were paying for a war which happened before either generation were actually born

lilac_lady

I remember interest rates at 15%. My generation had to cope with that with great difficulty. Everything was not handed to us on a silver platter as many younger people seem to think.


Not all young people are in debt, drinking and buying beyond their means but the ones who have adopted that lifestyle seem to be the ones who resent older people who have worked all their lives to have a comfortable retirement.

OptionARMAGEDDON

I remember interest rates at 15%.

And dont you lot like to bore us to death with this trot each time this discussion comes up. As i remember it, your generation didnt do too well with a 70% increase in mortgage interest if my memory serves me right....

I had it out with a boomer the other day in work. was whiningg about his pension being cut. I tried to explain that his generation hadnt paid into the system enough and was expecting too much, especially in terms of nhs care on top of benefits in retirement (pension).

I have not paid a penny interest on credit cards in 5 years, am only just 30 and have been a top rate tax payer for 4 years. what i despise the boomers for their want it all NIMBYism attitudes that the world should revolve around them. the coalition cuts should start with state benefits in retirement, taxes on holiday homes in spain and winter fuel payments, which many spunk up the chimney out of spite rather than need.

Pimperne1

OptionARMAGEDDON wrote: »

And dont you lot like to bore us to death with this trot each time this discussion comes up. As i remember it, your generation didnt do too well with a 70% increase in mortgage interest if my memory serves me right....

I had it out with a boomer the other day in work. was whiningg about his pension being cut. I tried to explain that his generation hadnt paid into the system enough and was expecting too much, especially in terms of nhs care on top of benefits in retirement (pension).

I have not paid a penny interest on credit cards in 5 years, am only just 30 and have been a top rate tax payer for 4 years. what i despise the boomers for their want it all NIMBYism attitudes that the world should revolve around them. the coalition cuts should start with state benefits in retirement, taxes on holiday homes in spain and winter fuel payments, which many spunk up the chimney out of spite rather than need.

In other words "As a top rate tax payer I think I am going to be all right in the future. If you are not a "top rate tax payer" then any pension you get should be discretionary".

ukcarper

OptionARMAGEDDON wrote: »

And dont you lot like to bore us to death with this trot each time this discussion comes up. As i remember it, your generation didnt do too well with a 70% increase in mortgage interest if my memory serves me right....

I had it out with a boomer the other day in work. was whiningg about his pension being cut. I tried to explain that his generation hadnt paid into the system enough and was expecting too much, especially in terms of nhs care on top of benefits in retirement (pension).

I have not paid a penny interest on credit cards in 5 years, am only just 30 and have been a top rate tax payer for 4 years. what i despise the boomers for their want it all NIMBYism attitudes that the world should revolve around them. the coalition cuts should start with state benefits in retirement, taxes on holiday homes in spain and winter fuel payments, which many spunk up the chimney out of spite rather than need.

What benefits in retirement if you have a reasonable pension you don’t get any.

Tax on Spanish holiday homes ok but not just pensioners mind you I don’t think it will affect many people.

Winter fuel payment should be targeted better I agree.

Crash_Over

OptionARMAGEDDON wrote: »

And dont you lot like to bore us to death with this trot each time this discussion comes up. As i remember it, your generation didnt do too well with a 70% increase in mortgage interest if my memory serves me right....

I had it out with a boomer the other day in work. was whiningg about his pension being cut. I tried to explain that his generation hadnt paid into the system enough and was expecting too much, especially in terms of nhs care on top of benefits in retirement (pension).

I have not paid a penny interest on credit cards in 5 years, am only just 30 and have been a top rate tax payer for 4 years. what i despise the boomers for their want it all NIMBYism attitudes that the world should revolve around them. the coalition cuts should start with state benefits in retirement, taxes on holiday homes in spain and winter fuel payments, which many spunk up the chimney out of spite rather than need.

Obnoxious moron.

ruggedtoast

I've lost track of all the boomer-centric pro establishment apologia written by pro-establishment boomers since I last posted.

Its all very well shutting yourself in from the cold and accusing the people hammering on the door of being bitter.

You lot take the cake. The only reason you clowns didnt manage to get us all killed in nuclear Armageddon in the cold war was because the Soviets eventually stepped down and chose sanity over apocalypse.

They were then extricated in an economic arms race they couldnt hope to win because they were foolishly trying to compete with real money based on actual wealth and production, whereas the boomer West were just pulling intangible money out of your a55es, appending a 2 digit interest rate to it and slinging it over your shoulders to land in the faces of your children to worry about.

The only way this country will get back on its feet is if you lot take some of the enormous wealth you have hoarded through rocketing capital appreciation, stifling housing supply, and racking up debts for others to pay, and hand some of it back. Yes, back. Otherwise how are you going to look into the faces of the poor, the destitute, the derelict, the hopeless and the broken down?

Mark my words, a day of reckoning is coming and when it does, The Boomer will be found wanting.


NO




NO



NO WAY


OK