Guardian:Impossibly high rent and debt is the reality for millions of young Britons

GeorgeHowell

ruggedtoast wrote: »

Considering he left a suicide note blaming student debt and a hopeless future as a young person I think the article is reasonable in its discussion of debt and putative hopeless futures of young people.

I'm not going to not post articles from national newspapers because it offends the sensibilities of people who refuse to accept generational inequality and seem to think the cure for everything that ails younger people involves iphones and pulling their socks up.

And the faux righteous indignance is nothing short of pathetic, and actually is quite offensive.

Then be offended because you ask for it with your whole approach, stance, and style. There is no generational inequality in the sense you try to portray it, even the vast majority of young people would not agree with you. The whole thing is a trumped up Marxist type ploy aimed at stirring discontent and trouble on class/inequality of wealth grounds where none really exists.

Are many younger people unhappy that housing is so difficult and expensive at present ? Yes.

Do the majority of them blame their parents' generation and want it to be forced to give up capital and property so that they become the wealth holders and their parents' generation become relatively impoverished in their old age ? No

Are you even any good as a would-be troll ? NO !

System

ruggedtoast wrote: »

Nice.

Thats about the level of sympathy I have come to expect from the shrivelled humanity of this board.

I said we needed some more facts.
You need facts before you can meaningfully offer either criticism or sympathy.
Do you have those facts?

ruggedtoast

Clifford_Pope wrote: »

I said we needed some more facts.
You need facts before you can meaningfully offer either criticism or sympathy.
Do you have those facts?

Callous boomer!

Here are your facts:

Student loans start being repayable if salary reaches the threshold level. If he wasn't earning that much then he can't have been weighed down by student loan debt.
Credit card borrowing is voluntary. What had he been buying, and why did he buy it if he couldn't afford it?

The repayment threshold is less than £16k, during that time interest is mounting on the loan. Like with most loans, earning less doesn't make them easier to pay off.

I haven't got a clue what he was buying with his credit card. Maybe he was one of the growing number of people in the UK having to rely on credit cards and payday loans to make ends meet. In absence of any further information I gather you will assume he spent it all on iphones.

http://uk.creditcards.com/credit-card-news/one-in-five-need-over-a-year-to-clear-debts-1368.php

grizzly1911

ruggedtoast wrote: »

Callous boomer!

In absence of any further information I gather you will assume he spent it all on iphones.

http://uk.creditcards.com/credit-card-news/one-in-five-need-over-a-year-to-clear-debts-1368.php

Credit cards are a choice.

Probably not on iphones, booze, take aways, taxis, girls, nightclubs maybe.

ILW

Is the suicide rate amongst late teens any higher than it was say 6 years ago?

GeorgeHowell

ruggedtoast wrote: »

Callous boomer!

Here are your facts:



The repayment threshold is less than £16k, during that time interest is mounting on the loan. Like with most loans, earning less doesn't make them easier to pay off.

I haven't got a clue what he was buying with his credit card. Maybe he was one of the growing number of people in the UK having to rely on credit cards and payday loans to make ends meet. In absence of any further information I gather you will assume he spent it all on iphones.

http://uk.creditcards.com/credit-card-news/one-in-five-need-over-a-year-to-clear-debts-1368.php

Keep digging -- you will very soon disappear beneath the rim.