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Why the baby boomers shouldn't feel guilty

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Comments

  • tescobabe69
    tescobabe69 Posts: 7,504 Forumite
    I'm a boomer, I intend leaving my home to my daughter, and ensuring my son has a huge deposit when he wants a house, is that OK ?
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    edited 25 December 2011 at 7:54PM
    I'm a boomer, I intend leaving my home to my daughter, and ensuring my spm has a huge deposit when he wants a house, is that OK ?

    Nepotistic boomer!

    Edit: nice daughter favoritism by the way.
  • LydiaJ
    LydiaJ Posts: 8,083 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    what exactly would they "whinge" about? i struggle to imagine them sat round together at a fondue party or whatever:

    'sigh, owur living standards are by far the highest afforded to any generation'

    'sigh, you're right'

    'etc'.

    So that would be the way you sit around whinging now:

    'Sigh. Clean drinking water - what shall we do now?'
    'Sigh. No risk of starvation. Oh dear.'
    'Sigh. Free healthcare - it may not be perfect, but if we're rushed to hospital after an accident nobody's going to turn us away if we've no money.'
    'Sigh. Standard of living unimaginable for most of human history.'
    'Sigh. Standard of living unimaginable for most of the world's population now.'

    Life's not fair. By a long way. A very long way. Anyone rich enough to be typing on here is one of the very very very lucky ones. If other people on here are marginally luckier than you, so what? Either just shut up and play the hand you've been dealt, or if you want to do something about unfairness, then start by seeing you're not the one at the bottom of the pile.
    Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
    Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
    Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.
    :)
  • tescobabe69
    tescobabe69 Posts: 7,504 Forumite
    Nepotistic boomer!

    Edit: nice daughter favoritism by the way.
    She likes the house he does'nt.His deposit will be the value of the house.
    I need to know, does it meet with your approval that a 22 year old an 18 year old will get a free house? Them being part of the generation robbed by the boomers.
  • We are also giving our son the deposit for his flat.
    (AKA HRH_MUngo)
    Member #10 of £2 savers club
    Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton
  • LydiaJ wrote: »
    So that would be the way you sit around whinging now:

    'Sigh. Clean drinking water - what shall we do now?'
    'Sigh. No risk of starvation. Oh dear.'
    'Sigh. Free healthcare - it may not be perfect, but if we're rushed to hospital after an accident nobody's going to turn us away if we've no money.'
    'Sigh. Standard of living unimaginable for most of human history.'
    'Sigh. Standard of living unimaginable for most of the world's population now.'

    Life's not fair. By a long way. A very long way. Anyone rich enough to be typing on here is one of the very very very lucky ones. If other people on here are marginally luckier than you, so what? Either just shut up and play the hand you've been dealt, or if you want to do something about unfairness, then start by seeing you're not the one at the bottom of the pile.

    The welfare state was started in 1911 and was well established by 1948. I suspect the sum total of the risk of starvation you have experienced in your life is about nil.

    One thing that seems to run common to all boomers is this enormous sense of entitlement that people should be in some way grateful to them.

    The generations that fought and won two wars I can see it. The generation that rode decades of exponential economic growth and rising living standards and left behind almost incalculable debt to their children to pay for it, not so much.
  • LydiaJ
    LydiaJ Posts: 8,083 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    edited 26 December 2011 at 1:47AM
    The welfare state was started in 1911 and was well established by 1948. I suspect the sum total of the risk of starvation you have experienced in your life is about nil.

    One thing that seems to run common to all boomers is this enormous sense of entitlement that people should be in some way grateful to them.

    The generations that fought and won two wars I can see it. The generation that rode decades of exponential economic growth and rising living standards and left behind almost incalculable debt to their children to pay for it, not so much.

    I'm not a boomer. I was born in 1969. I've never had any benefit from HPI. I bought my first house earlier this year.

    If you read my post again, you will see I say nothing whatsoever about boomers, apart from indirectly when I acknowledge that some people on this forum have had it a bit luckier than you. I am not asking you to compare your circumstances with mine, but with the vast majority of humanity for whom the things that you and I take for granted are beyond their wildest dreams.

    You and I are both in the top 1% of "highest standard of living" humans who've ever lived. Why waste energy resenting those who happen to be a bit further up that 1% than we are?
    Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
    Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
    Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.
    :)
  • jay213
    jay213 Posts: 270 Forumite
    Part of the Furniture 100 Posts
    She likes the house he does'nt.His deposit will be the value of the house.
    I need to know, does it meet with your approval that a 22 year old an 18 year old will get a free house? Them being part of the generation robbed by the boomers.

    Was your house also handed down to you by your parents?

    I dont believe many boomers plan to take their good fortune to their graves, of course you are going to pass it down to your family and they're lucky that you are a boomer.

    Now what would their options be without you or if you didnt buy when you did? maybe more like the other x% of the population thats priced out of the market and cant get a mortgage..... but thats okay, I guess it goes something like this "I saved hard to get my £4000 deposit back in the days to buy this £40,000 house" forget the fact that it now costs £250,000 and "it's the new generation want it all because they have more gagdets than we had".
  • lilac_lady
    lilac_lady Posts: 4,469 Forumite
    I and my ex husband inherited nothing as our parents had council houses and poor wages. We didn't expect financial help from the previous generation - they couldn't afford it.

    I have willingly given my family cash (from my pension payout when I retired) now to help them and they will share the profit made on my house when I die.

    I don't feel guilty about being a boomer - np-one handed me money, I had to earn it.
    " The greatest wealth is to live content with little."

    Plato


  • I am a boomer, born of poor parents who worked day and night in order to bring us seven children up just after the war years. They had very very little and eating a pigs head, stretched over several meals, was nothing new. We played on the streets and discovered libraries and were given aspiraion and a pot for savings, which became ingrained at a young age.

    I became engaged at 21 and we spent our engagement living at our own parents houses, saving like mad as well as paying keep. It was a struggle but we got our deposit together and bought our first house, second hand furniture and no carpets but hey we were now home owners. So started our married lives 41 years ago. 3 children, 15% interest rate, recession after recession, camping holidays and always just keeping our heads above water by taking on two jobs and never living beyond our means

    Now we are called boomers and that makes me laugh. Life has been such a struggle but now our children are grown up and we are comfortable and we have carpets and home comforts. We still don`t have mobile phones, or sky. I am proud to be from my generation and I never wasted my time, any of it
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