Over Privileged Boomers are not 'Sacred Cows': Wilby

Percy1983

StevieJ wrote: »

But not as easy as the young in the period 1995 - 2003

Isn't that where the boomers bought there secord/third homes or first if they messed up before?

Funnily I look back and if I had left school back in 99 and gone straight to mcdonalds I may have got my foot in just before the boom. As it is I went for the long term with little income and by the time my income was up the boom was past my income, so I just drank and chased the ladies for a few years and the long term plan all came together in the end.

2010

Yet another boring thread for the "green-eyed brigade".

Percy1983

Out of interest which set of people are you refering to as green eyed?

2010

Percy1983 wrote: »

Out of interest which set of people are you refering to as green eyed?

The envious ones who look green-eyed at people who worked hard all their lives, paid all their dues, saved hard and didn`t wrap a millstone of debt around their necks.

Maybe the green-eyed should try to emulate them.

pqrdef

Wookster wrote: »

- The generosity of benefits they accrue (pensions, healthcare, winter allowance etc) is almost certainly the best it will ever be i.e. there can only really be a shrinking of their entitlements.

Will any of you youngsters ever learn arithmetic?

Only the earliest boomers, born immediately after the war, have passed 65. Most boomers still have up to 10-15 years at the grindstone before they get a state pension, if they ever do. Frankly, a lot of us now think we never will. And we certainly don't expect to ever get a free prescription or a bus pass or a winter fuel payment blah blah blah.

Itismehonest

Ah, the generation of NMW (introduced 1999); Tax Credits (2003); low repayment/IO mortgages have it so much tougher than those born 1946-64 that worked & saved without the benefit of those for years.

Every generation has it tough in different ways.

It's about time a few people dug the heavily embedded chips out of their shoulders.

Percy1983

2010 wrote: »

The envious ones who look green-eyed at people who worked hard all their lives, paid all their dues, saved hard and didn`t wrap a millstone of debt around their necks.

Maybe the green-eyed should try to emulate them.

Glad you didn't state any one generation there, as I see envy going both ways, when I see the statements of "houses should cost 5 times more because the yoof have iphones!"

Personally I don't envy many as I just don't think its healthy, I am happy with my own life so why worry what others are doing, I have worked hard and that work is now paying dividends.

chewmylegoff

Just wait for your parents to kark it and then you can waste their fantasic riches on coke and ferraris.

RenovationMan

2010 wrote: »

Yet another boring thread for the "green-eyed brigade".

Same discussion by the same people. Same points put forward. Same responses given. Just another Groundhog Day in the Economy forum.

Percy1983

chewmylegoff wrote: »

Just wait for your parents to kark it and then you can waste their fantasic riches on coke and ferraris.

If only, they have treated the house like a cash machine, mortgaged until 65 now with increasing credit card balances as they can't cash in on the house, the mortgage is more now than it started 27 years ago, I don't expect much if anything from them.

With that I do intend to work any inheritance to get my brother a house as he is priced out as he only works in a normally paid job.

+ more likely to go Aston Martin...