Time for a new generation to enjoy same opportunities as their parents...

chucky

MFW_ASAP wrote: »

Where did he say that?

Hamish didn't say that. It's the start of the Mr Muddle routine to try and disrupt the thread.

AlexLK

Joeskeppi wrote: »

Yes that's the point I was making to Alex.

However, on closer inspection of the thread, Alex is hard done by because he can't own a million pound house or send his kids to private school. I can't really relate with that either if I'm honest.

I did not say anywhere that I felt "hard done by". However, I did elaborate on the fact my generation will find it much more difficult to become "self made" than my parents generation did.

MFW_ASAP

Graham_Devon wrote: »

They do say you mix with your own circles. So it would be of no surprise to you to hear that I have the opposite experience. Most of those I still know ho I went to school with rent, rather than having bought.

I think that's the same everywhere, people with a 'bit of get up and go', do just that and get up and go. Others are content to stay put and potentially accept lower paid jobs and a stunted career.

It's no surprise to anyone in my circle of friends that I have worked in Saudi, France, Norway, Germany and now in exotic Aberdeen and own a 5 bed farmhouse and my friends who stayed in our home town own terraces and semis. They wouldn't swap their comfortable lives for my 'living out of a suitcase' and I wouldn't swap my life for theirs. It's all horses for courses. What they don't do however is expect to go home every night to a mansion, unlike some on here.

wotsthat

Graham_Devon wrote: »

Hang on? Hamish? Are you saying today's generation didn't have it as easy as their parents?!

That's a turn around old chap!

You get upset if people paraphrase what you say without using the exact words and punctuation.

I'd love to see how you'd react if people just made up what you were saying - you know, a bit like you've done here.

Graham_Devon

wotsthat wrote: »

You get upset if people paraphrase what you say without using the exact words and punctuation.

I'd love to see how you'd react if people just made up what you were saying - you know, a bit like you've done here.

Blimey, Hamish entitled his thread..."Time for a new generation to enjoy same opportunities as their parents..."

If he's not suggesting that younger people today haven't been able to enjoy the same opportunities, then what exactly is he saying!?

wotsthat

Graham_Devon wrote: »

[/B]If he's not suggesting that younger people today haven't been able to enjoy the same opportunities, then what exactly is he saying!?

Hamish has explained now so hopefully you're no longer confused and recognise he's talking about mortgage opportunities rather than saying everyone born a generation ago had more opportunities than you did.

Percy1983

Personally I see no problem with 95% LTV mortgages, as the risks are higher maybe at slightly worse rates and arrangement fees than the current 90% LTV mortgages.

For course strict lend critera to protect people from themselves should remain.

Loughton_Monkey

Graham_Devon wrote: »

Blimey, Hamish entitled his thread..."Time for a new generation to enjoy same opportunities as their parents..."

If he's not suggesting that younger people today haven't been able to enjoy the same opportunities, then what exactly is he saying!?

I think it's fairly obvious don't you?

Hamish is saying "Time for a new generation to enjoy same opportunities as their parents...". He is saying that in the context of the "opportunity" to get a 95% mortgage.

What Hamish didn't say is "today's generation didn't have it as easy" which is what you attributed to him.

Personally, I think that in most ways, today's younger generation does have it 'easier'. Forgetting very short terms trends but rather taking a snapshot of 2013 compared to, say, the 1980's, we find real wages are higher. Mortgage interest rates far lower. Ownership of cars, gadgets, wardrobe, and ability to go clubbing is far greater. Percent of population in university/higher education has increased dramatically.

Hamish is talking about "opportunity".

This is only 'good' for those who choose to take the opportunities. You can lead a horse to water.....

Graham_Devon

wotsthat wrote: »

Hamish has explained now so hopefully you're no longer confused and recognise he's talking about mortgage opportunities rather than saying everyone born a generation ago had more opportunities than you did.

I was never confused in the first place.

Seems you are trying to spin around on the head of a pin here.

MFW_ASAP

Graham_Devon wrote: »

I was never confused in the first place.

Ah, then leaves only one alternative.