Nobody is priced out..

N1AK

wotsthat wrote: »

Why don't more post boomers get involved in policy then and do something about it?

A small scale example. Mevagissey (small town in Cornwall) has vacancies for 14 councillors - only 8 people applied so in May they are likely to automatically become councillors without any democratic elections. Now I happen to know that whilst Mevagissey does have its share of old farts young people do live there but this is what you end up with....

Councillors have always tended to be older, they're just getting even older as everyone's retirement gets later. Being a councillor isn't an alternative to working so unless you can afford to give up a day or two a week of working to be a councillor then getting involved in local politics isn't really an option until you retire.

There were steps being taken to bring in low levels of pay for councillors work; which would have made it more viable for people of working age to work part time and be a councillor but the conservatives are completely against this and trying to get rid of them.

Out,_Vile_Jelly

harpoboy wrote: »

Very true - I shared a flat above a gay disco bar in Croydon when I first came to London. It was grim, but cheap as chips.

There really is an attitude on this board that folks get very upset if everything doesnt fall into their lap for them

I flatshared in Croydon in my twenties too. Nobody minds cheap n cheerful studenty living when they're young. Once you're over 30 you get a bit tired of other people's pubes in the bath and having to listen to their music through the walls.

Anyway, I'm starting to look seriously at buying (in a depressing part of London), so soon I can be a smug home-owner and can give you daily updates of how much richer and morally superior I am!

PasturesNew

harpoboy wrote: »

Very true - I shared a flat above a gay disco bar in Croydon when I first came to London. It was grim, but cheap as chips.

There really is an attitude on this board that folks get very upset if everything doesnt fall into their lap for them

If it was so ferkin wonderful, how come you're not staying there for life then? Retiring there?

PasturesNew

wotsthat wrote: »

Why don't more post boomers get involved in policy then and do something about it?

A small scale example. Mevagissey (small town in Cornwall) has vacancies for 14 councillors - only 8 people applied so in May they are likely to automatically become councillors without any democratic elections. Now I happen to know that whilst Mevagissey does have its share of old farts young people do live there but this is what you end up with....http://www.mevagisseypcc.co.uk/

http://www.thisiscornwall.co.uk/Barely-half-councillor-posts-filled/story-18729176-detail/story.html#axzz2S2OHDVpU

If people can't be arsed to get involved then they have to accept that people who can be arsed are going to be making decisions on their behalf.

Councillors tend to retired local business owners. A councillor living rough in the bus shelter wouldn't have the clout required to be taken seriously... and without a job that's where you'd be living.

Dragonista

Sibley wrote: »

2 people should be taking home 3K a month plus....

Easy peasy. Live with parents. Save save save.

To get a job where I was taking home £1500 per month I had to move 7000 miles away from my parents. So how was I supposed to live with them? Even if there had been vacancies in my industry at my level (and yes, I have a degree) I would barely have been able scrape that much together after tax.

PaulF81

Back to the OP, we banked 100k in just over 4 years (lived like paupers) whilst waiting for the crash, buying at over 35% below previous sale price.

You need god like foresight and balls of steel when the likes of sibbers are telling you "they aren't making land anymore"; but it certainly worked out for us.

It's simple really, for those on lower incomes they need to get a better paid job. Either scrabble up the promotion ladder or move abroad, get rock star wages and pay no tax (and win one over lazy socialists at the same time) Come back after 5 years with new skills and experience and a massive deposit and get on with your life. Hopefully after buying a house at rock bottom prices after the crash.

ruggedtoast

Flatsharing over 30 for the priced out:

http://www.spareroom.co.uk/flatshare/west_sussex/crawley/2657502

Small clean and quiet people only.

Also, the Groaner charts the phenomenon of those left behind by the boomers housing boom.

http://www.guardian.co.uk/money/2012/may/19/house-sharing-into-40s

Edit: A marvellous comment in that article:

outragedofacton
20 May 2012 1:43pm
44
How lucky we baby boomers were in retrospect. We bought property and inflation virtually wiped out the mortgage debt for many.
We didn't of course appreciate it at the time thinking such things were our entitlement.
Now we sink into our dotage handing over the toxic chalice to others.
Sorry and all that.....

IveSeenTheLight

Dragonista wrote: »

To get a job where I was taking home £1500 per month I had to move 7000 miles away from my parents. So how was I supposed to live with them? Even if there had been vacancies in my industry at my level (and yes, I have a degree) I would barely have been able scrape that much together after tax.

Are you sure it was 7000 miles.
That like London to Indonesia.

What degree do you have?

Percy1983

The whole moving more money idea doesn't always work. ie I could do the same job in london and earn more but then my living expenses would also rise and I would probably be worse off.

PaulF81

Percy1983 wrote: »

The whole moving more money idea doesn't always work. ie I could do the same job in london and earn more but then my living expenses would also rise and I would probably be worse off.

Move abroad then. It gets quite easy when you are on an average of 60k pa tax free in the Far East/middle east.