Debate House Prices


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Youngters getting a poor deal

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Comments

  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    edited 25 January 2013 at 12:32AM
    PaulF81 wrote: »
    It makes sense though, how we end up with the haves and the have nots. Socialists wouldn't like it much if it were true, as it would make welfare pointless. You couldn't lift someone out of supposed poverty if its in their genetic makeup to be a lazy beggar.

    There is more to it than genetics. I have come across some very hard working successful people that have been left biased. That have worked their way up from dire circumstances. Who have made sure they would bettter themselves.

    I also know a number who express right leaning tendencies who are lazy self indulgent and useless at what they did/do. Some that still sponged where ever they could and kept away from work as long as possible spending JSA and whatever their parents lavished on them..

    I don't disagree that some people will follow parental political leanings some till their grave others until they branch out and experience life and find what makes them truly happy. Children from the same family can have very different outlooks on life, hopes, aspirations and abilities that will lead them down different paths. That is more about conditioning.and learnt behaviours.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Pobby
    Pobby Posts: 5,438 Forumite
    Some interesting points. I come from Reading, some 30 ish miles west of London but have lived in the west country for a good while. Regarding wages in Reading, shock, I know a lot of people that earn far less than £25k a year. The housing explosion there is quite scary. As for rents, I really cannot see many youngsters paying the price AND saving for a home of their own.

    I repeat that for my wife and myself it was pretty easy to get a grand together, my gig money from playing in a band, in the mid 70`s and buying a 3 bed semi for a pound under £10,000. My wife left school at 16 with a number of o levels, I at 18. Jobs were aplenty. Also if you did well, I experienced this, you were rewarded. Cannot say that recent experience, in my family and friends, can say that now.

    We import a lot of labour, no problem with that as long as jobs are available. Right now I do not think think that is the case. I am highly worried that the real picture is not what we are to believe.

    In total truth, I have to say that I think the housing market is a bubble, supported by low interest rates. Interest rates that reflect the magnitude of problems if they should rise thus making many more homeless. Enough of that going on anyway.

    The economy as I see it is out of kilter. Government borrowing going up, despite Daves cut backs. Oh well, it ain`t all over until the fat lady sings.
  • Yoof of today need to pull themselves away from the facebook and the twitter and put some hard graft in. Many boomers worked v hard for what they have. They went without for many many years. Nearly all yoof I see have latest phone, been abroad, go out dancing on a sat night etc.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Pobby wrote: »
    Some interesting points. I come from Reading, some 30 ish miles west of London but have lived in the west country for a good while. Regarding wages in Reading, shock, I know a lot of people that earn far less than £25k a year. The housing explosion there is quite scary. As for rents, I really cannot see many youngsters paying the price AND saving for a home of their own.

    I repeat that for my wife and myself it was pretty easy to get a grand together, my gig money from playing in a band, in the mid 70`s and buying a 3 bed semi for a pound under £10,000. My wife left school at 16 with a number of o levels, I at 18. Jobs were aplenty. Also if you did well, I experienced this, you were rewarded. Cannot say that recent experience, in my family and friends, can say that now.

    We import a lot of labour, no problem with that as long as jobs are available. Right now I do not think think that is the case. I am highly worried that the real picture is not what we are to believe.

    In total truth, I have to say that I think the housing market is a bubble, supported by low interest rates. Interest rates that reflect the magnitude of problems if they should rise thus making many more homeless. Enough of that going on anyway.

    The economy as I see it is out of kilter. Government borrowing going up, despite Daves cut backs. Oh well, it ain`t all over until the fat lady sings.

    In relation to earnings house prices in the mid 70s were a lot lower than the early 70s when I first bought. I had to make a lot of sacrifices to save my deposit of £800 equivalent to about £15K now and if we weren't living with our parents we would not have been able to save it.

    I was earning about average earnings may be slightly lower at the time and I think the difficulty young people face today is not house prices but getting a job that will pay average earnings.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Pobby wrote: »
    My wife left school at 16 with a number of o levels, I at 18. Jobs were aplenty. Also if you did well, I experienced this, you were rewarded. Cannot say that recent experience, in my family and friends, can say that now.


    The economy as I see it is out of kilter. Government borrowing going up, despite Daves cut backs. Oh well, it ain`t all over until the fat lady sings.
    ukcarper wrote: »
    I had to make a lot of sacrifices to save my deposit of £800 equivalent to about £15K now and if we weren't living with our parents we would not have been able to save it.

    I was earning about average earnings may be slightly lower at the time and I think the difficulty young people face today is not house prices but getting a job that will pay average earnings.


    Getting reasonable jobs with prospects is one thing. Demographics are another.

    In the 70s and 80s many left work at 16/18 , would live at home and would save a proportion of income virtually from day one. Jobs for school leavers would often have career prospects of differing degrees.

    In my case it was 8 years before I brought my first property, brought modestly with a 20% deposit.

    Now jobs are hard to come by for school leavers, let alone good ones. Company structures and recruiting policies have changed.. Many go to university then need to move straight into rented accommodation, being flexible, to achieve jobs. They have less opportunity to save and are starting a lot further down the track when they can.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Getting reasonable jobs with prospects is one thing. Demographics are another.

    In the 70s and 80s many left work at 16/18 , would live at home and would save a proportion of income virtually from day one. Jobs for school leavers would often have career prospects of differing degrees.

    In my case it was 8 years before I brought my first property, brought modestly with a 20% deposit.

    Now jobs are hard to come by for school leavers, let alone good ones. Company structures and recruiting policies have changed.. Many go to university then need to move straight into rented accommodation, being flexible, to achieve jobs. They have less opportunity to save and are starting a lot further down the track when they can.

    As you say things were a lot different in the 60s and 70s and as I’ve said although house prices are high it’s not the main problem.

    In my case it was 7 years before I bought my first house but I was able to leave school at 16 get a job with company willing to spend money training me and by the time I was at the age most people leave university I was fully qualified and earning a reasonable salary

    It is still possible to save while not living at home, I know people who have done it by living in shared accommodation.
  • PaulF81 wrote: »
    Work harder at school instead of dossing behind the bike shed. You get paid more in the long run.

    Fresh fruit and veg is vat free,turkey twisters aren't. Get cooking, it's cheaper.

    I'll try and take onboard your suggestions. To give me a target to aspire to and aim at, what is your annual income?
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    PaulF81 wrote: »
    http://www.cosmosmagazine.com/news/5936/left-or-right-wing-its-genetic-researchers-say

    Left = lazy sense of self entitlement, don't bother working, get it all paid for you by the strivers with no shame. Ie the cast of Jeremy Kyle.

    Right = work hard, get on in life no matter what life throws at you. Don't blame your ills on the world.

    search?um=1&hl=en&client=safari&tbo=d&biw=768&bih=928&tbm=isch&sa=1&q=uk+salary+vs+political+preference&oq=uk+salary+vs+political+preference&gs_l=img.3...7166.17019.0.17612.33.11.0.22.22.0.196.1186.3j8.11.0...0.0...1ac.1.AjuS3-UzeGY#biv=i|20;d|y58At3CvbqnULM:


    It's genetic.

    I have no problem with expecting people to work hard and get ahead. Unfortunately the irony of your paradigm is that the more right wing a country's administrative governance becomes, the more unequal it is and the less the rewards for working at all are.

    The world is full of working poor who do a darn site more graft than any pampered city spiv but will never be anything other than a missed paycheck away from homelessness and starvation. Largely thanks to right wing neoliberal ideology.

    Instinctively these people will usually want socialism, unless they are the American working class who appear to be barking mad.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite

    Instinctively these people will usually want socialism, unless they are the American working class who appear to be barking mad.

    Wait for the sky advert to play and then behold red kneck ode to joy. The daughter is revered apparently and has her won TV show.

    http://tlc.howstuffworks.com/tv/here-comes-honey-boo-boo/videos/boo-boos-back-ode-to-joy.htm
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    I have no problem with expecting people to work hard and get ahead. Unfortunately the irony of your paradigm is that the more right wing a country's administrative governance becomes, the more unequal it is and the less the rewards for working at all are.

    The world is full of working poor who do a darn site more graft than any pampered city spiv but will never be anything other than a missed paycheck away from homelessness and starvation. Largely thanks to right wing neoliberal ideology.

    Instinctively these people will usually want socialism, unless they are the American working class who appear to be barking mad.
    Work or starve. In the perfect scenario, that would be the choice. It's a bit like that in Singapore, I don't see them having too many social problems.

    Same in china. Knock their lack of democracy all you want. History will prove its an infinitely better model than what we have in the west.
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