Rich babyboomers behaving like the nobility in the peasants revolt...

IveSeenTheLight

neverdespairgirl wrote: »

In 1381?

Well, I presumed that Graham was talking about the more modern experience of riots as he stated it "Took us all by surprise"

So in terms of the London riots of 2011

Originally_Posted_by_IveSeenTheLight_ wrote:

Incidentally, what was the outcome of the "peasants" riots in London.
did they achieve their outcome?
Was there any repercussions?

Would many of those involved think twice given the consequences witnessed?

grizzly1911

Percy1983 wrote: »

Working more hours in a higher paid profession while running my own business.

As a couple we both have to work full time to have what our parents could have with a full time and part time job in lower paid professions.

That's progress for you.;)

Won't be long before three full time wages are needed

wotsthat

grizzly1911 wrote: »

Believe it or not many people don't see their house an investment. They have other savings and investment strategies and will have often provided a nest egg for their own needs in later life.

Being pragmatic they are often using/dipping into that nest egg being prepared to make sacrifices for their offspring.

Doesn't necessarily help the economy as money earmarked for consumption will simply be stored into bricks and mortar. Doesn't necessarily help the welfare budget as they may also be more dependent on the state later on in life.

That's a somewhat pessimistic view IMO.

I help my kids out. Not because they're desperate - I just want to.

The money could be saved and spent on myself in the future - I'd rather spend it now on them.

It would be a grim life if you couldn't spend money on your family just because you wanted to absolutely secure your own future first.

abaxas

N1AK wrote: »

So if your father had been beating your mum you'd have done nothing because he also brought home the money needed to keep you housed and fed? I would hope not.

Proverbs can have an attractive simplicity; they are rarely however a universal truth

It was the 70's. Hence that was more than acceptable, not that he did.

27col

Actually quantic. If they were buying ex council houses they would be getting a larger floor area than if they bought a new-build, in most cases. Council houses were built to a larger size standard than most private houses that were built at the same time. I believe that I am right in saying that in general British housing is much smaller in size than in most European countries.

IveSeenTheLight

N1AK wrote: »

Brilliant so the wealth can be redistributed from the older/wealthier individuals and they won't mind right?...

Oh wait, you mean that the young should put up with what they've got so that their elders don't have to share

No, I mean that the young, never in the past expected life to be easy and it would stand many youth in good stead to realise it's not going to get any easier.

The ease of the last couple of decades is the anomaly in terms of ability to become home owners.

I saw an article last night that 95% of young aspire to be homeowners.
We'll that is to be applauded.
Now they have to set their mind to achieving it.

ukcarper

Percy1983 wrote: »

Working more hours in a higher paid profession while running my own business.

As a couple we both have to work full time to have what our parents could have with a full time and part time job in lower paid professions.

What do you think people did in the 70s I worked at least 40hrs a week went to evening classes worked part time in a garage at weekends my girlfriend/wife worked full time. In fact I was still going to night school in my late 20s in order to make up for the university education I didn't have.

Since the 70s wages have out stripped earnings by about 70%

I think young people today face many problems but the main ones are not the ones people on here moan about.

wotsthat

Percy1983 wrote: »

As a couple we both have to work full time to have what our parents could have with a full time and part time job in lower paid professions.

Maybe they just decided spent a higher percentage of household income on the mortgage than you're willing to.

quantic

IveSeenTheLight wrote: »

Not very positive mindset is it.
My brother recently graduated with no debt.
He worked throughout his student life part time and gained valuable experience and salary out of term with companies broadening his Engineering knowledge.

Likewise, I graduated without taking on student loans and I worked throughout Uni. At the time I didn't realise this was abnormal because I had always been brought up to earn.

It is possible yes but I'm not sure I could do the same with the newer more expensive fee's - I'll admit. It was less expensive when I graduated 7 years ago.

It just feels like the momentum is headed in the direction of things becoming worse for the younger generations not better, I'm not sure how much worse it can get.

My partner applied for a new job the other week and in the interview she asked how many other applicants there were, 180! 180 applicants for a job in a mediocre salary band, they had to do telephone screening, an assessment day and then finally interviews to narrow down the applicants for a 23k job.

Its pretty grim out there...

Percy1983

27col wrote: »

Actually quantic. If they were buying ex council houses they would be getting a larger floor area than if they bought a new-build, in most cases. Council houses were built to a larger size standard than most private houses that were built at the same time. I believe that I am right in saying that in general British housing is much smaller in size than in most European countries.

I would agree, I have bought an ex council house and its an excellent size for the money and the garden is massive.