Bishop Bashes Boomers

ruggedtoast

The Boomer is well known for treating stonking house price inflation with glee.

Never mind the angst of the priced out youngers, unwilling renters in a boomer wonderland of demand and no supply.

If you lot were going to have all these children it would have been nice if you'd a;so provided somewhere for them to live.

StevieJ

Percy1983 wrote: »

How does that work, I am in the same pension, I was given a date then it ended and went average pay, why can't that apply to the older people, all years in the final salary scheme are safe and remain final salary, they would just have a few years of average at the end which would bring it down slightly.

I thought that was exactly how it worked with all pre-change protected and all future accrual subject to the new rules?

Conrad

ruggedtoast wrote: »

If you lot were going to have all these children it would have been nice if you'd a;so provided somewhere for them to live.

My 2 have had their child benefit go into ISA's since birth. Both will have decent deposits one day.

I do not have SKY, an I-Phone nor Lottery ticket expense, so it's perfectly manageable. Many hard pressed mortgage applicants have these expenses and have no child savings, their choice. Funny how every poor person I meet has a far better phone than me. Lefties won't recognise this bit of reality.

StevieJ

Percy1983 wrote: »

Treat them as cash machines.

So you must have a breakdown of equity withdrawal by age, any links?

olly300

Conrad wrote: »

My 2 have had their child benefit go into ISA's since birth. Both will have decent deposits one day.

I do not have SKY, an I-Phone nor Lottery ticket expense, so it's perfectly manageable. Many hard pressed mortgage applicants have these expenses and have no child savings, their choice. Funny how every poor person I meet has a far better phone than me. Lefties won't recognise this bit of reality.

Irrelevant arguments.

1. There are households - one of my friends' use to live in one - who can't or have extreme difficultly getting terrestrial TV through an aerial.
2. Android smartphones aren't expensive unless you specifically go for one of the top brands. In regards to iPhones I noticed one of my SIL's gets a phone and then when she wants a new one after 2 years someone else in the family gets it.
3. Lottery tickets and betting are a whole other discussion involving people's view of the future.

olly300

ruggedtoast wrote: »

The Boomer is well known for treating stonking house price inflation with glee.

Never mind the angst of the priced out youngers, unwilling renters in a boomer wonderland of demand and no supply.

If you lot were going to have all these children it would have been nice if you'd a;so provided somewhere for them to live.

It's the NIMBY group that are the problem and unfortunately lots of the older generation fit into this group.

roddydogs

Yes but we didnt have computers, mobiles, flat screens, holidays abroad till much later in life than the moaners, and everything was much dearer in real terms than now (except houses) 23" colour tv in 1975=£230, 4 channels, no remote, (about 5 weeks average wage then) washing m/c about the same, cars, holidays abroad, clothes were much dearer in real terms then, oh and also life expectancy is now longer. Would you REALLY swap places.?

Percy1983

StevieJ wrote: »

I thought that was exactly how it worked with all pre-change protected and all future accrual subject to the new rules?

It is but those near to retirement can continue in the final salary scheme, in short there is many boomers will get more years in the final salary scheme after the door has been closed on the young.

Percy1983

Conrad wrote: »

My 2 have had their child benefit go into ISA's since birth. Both will have decent deposits one day.

I do not have SKY, an I-Phone nor Lottery ticket expense, so it's perfectly manageable. Many hard pressed mortgage applicants have these expenses and have no child savings, their choice. Funny how every poor person I meet has a far better phone than me. Lefties won't recognise this bit of reality.

I don't have sky, I have a nokia 520 as I got it free on my £6 a month contract and I do play the lottery, its worth the £1 for the dream.

olly300

Percy1983 wrote: »

I don't have sky, I have a nokia 520 as I got it free on my £6 a month contract and I do play the lottery, its worth the £1 for the dream.

You've helped explained why some people particularly in poorer sections of society spend so much on the lottery and betting.

In the last month there have been two programmes that have tried to explain this on different channels.