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

wotsthat

Graham_Devon wrote: »

I was never confused in the first place.

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

If you weren't confused then you were obfuscating. One or the other.

Loughton_Monkey

MFW_ASAP wrote: »

Ah, then leaves only one alternative.

Mr Muddle

Mr Muddle Mr Men Book
Number 23

Where does he live?
Seatown
Mr Muddle is an individual who can never get anything right. The simplest of things confuses him, such as putting on his coat and hammering in a nail into the wall. Mr Muddle even walks back to front! On a day out, Mr Muddle met George the fisherman, who really confused Mr Muddle when he simply asked him to help him push his boat out to sea. George told Mr Muddle the exact opposite of what he really wanted him to do, and Mr Muddle did exactly the right thing! George then told everyone in Seatown how to deal with Mr Muddle. The next day he met Mr Brick, the town builder, who did exactly the same thing when he asked him to hold his coat (so Mr Muddle held his ladder), and so did Mrs Scrub and Mr Black.

Mr Muddle Facts:
• When making his dinner, he tried to slice the gravy!
• His house is all muddled up as well, with the roof upside down.
• When he had breakfast, he poured tea on his toast and buttered the table!

THE_MASKED_TURNIP

It's very telling that the only ones on here moaning that they cannot own a million pound house and send their kids to private school are members of the self entitled yoof of today. It's also telling that their loaded up to their eyeballs in idebt and expect their parents to bail them out one day one way or another. Sound familiar Percival? It's as galling as it is pathehtic really.

Graham_Devon

LOL at this thread.

Something so simple turns into this. It must have been a bloody good point to gain this reaction from the Army of Hamish supporters!

Hamish's thread suggests people today don't have the same opportunities. Do you really need me to define everything to the nth degree? The context I wrote that in, it in the context of the thread itself....as if that wasn't obvious.

Percy1983

THE_MASKED_TURNIP wrote: »

It's very telling that the only ones on here moaning that they cannot own a million pound house and send their kids to private school are members of the self entitled yoof of today. It's also telling that their loaded up to their eyeballs in idebt and expect their parents to bail them out one day one way or another. Sound familiar Percival? It's as galling as it is pathehtic really.

I am guessing THe Percival reference is to me?

Nope sorry can't relate to any off it, I don't expect a mansion, I don't expect to send my children (if I have them) to private school and my parents have never bailed me out (if anything it look more like I may end up bailing them at this rate).

So sorry I can't help with your attack on any other people/generations here.

Loughton_Monkey

HAMISH_MCTAVISH wrote: »

http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/10359425/Time-for-new-generation-to-enjoy-opportunity-of-95-per-cent-mortgages.html

:beer:

Public apology:

I may, by thanking this post, have given the impression that I agreed with it. An impression strengthened by agreeing with other similar posts. My replies, such as "Fill yer boots Hamish", "Bring on HPI", "HTB is good", may well have misled readers of my posts.

I now realise, after new information coming to light (from a South Westerly direction), that your post is totally and utterly wrong. While the older generations are rolling around inebriated in a sea of subsidies, cheap house prices, 'never had it so good' pensions, free rides, tax handouts, £million house equity, jobs for life, fat bonuses, and cheap energy, today's younger generation are all destined to be renters, have no opportunities whatsoever to drag themselves from a lifetime of part-time minimum wage slavery, are being exploited by HTB in an aura of interest rates the highest since records began. We, of our generation, should be ashamed of being subsidised, consigning the whole of the younger generations to the scrapheap of humanity, fighting for their places in the dole queue, and destined to a life of abject poverty.

Conrad

AlexLK wrote: »

However, I did elaborate on the fact my generation will find it much more difficult to become "self made" than my parents generation did

Read some contemporary history - every generation always claims things are going to get worst for the next in survey after survey, you can set your watch by it.


More small business's than ever are being created.
Much more opportunity now to go it alone / become a self employed consultant compared with 3o years ago when people tended to be employed.

I deal with youngsters embarking on a buy to let journey that no doubt will be framed as some sort of lucky boomer in 30 years time. They don't have the slightest sense they are hard done by.

Conrad

MFW_ASAP wrote: »

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.

Your siggie is a little vulgar, the subtext seems to be something like 'wow look at marvellous me, come worship at greenback heaven'. Plenty of wealthy people I know that are not remotely pious or showy. A GP friend came over yesterday with her head teacher hubby, they drive a Skoda and live in one of those dreadful terraced houses.

Plenty of clients of mine have very large incomes and assets but live in a very modest house.

Wealth whispers...........

MFW_ASAP

Conrad wrote: »

Your siggie is a little vulgar, the subtext seems to be something like 'wow look at marvellous me, come worship at greenback heaven'. Plenty of wealthy people I know that are not remotely pious or showy. A GP friend came over yesterday with her head teacher hubby, they drive a Skoda and live in one of those dreadful terraced houses.

Plenty of clients of mine have very large incomes and assets but live in a very modest house.

Wealth whispers...........

Lots of people on the MFW, DFW, and pensions threads have challenges going and their signatures are used to indicate their progress. I'm just following in their footsteps as I am in a Mortgage Free Wannabe challenge and I contribute to the Early Retirement Wannabe thread. As it's all anonymous on here anyway, I certainly don't go around in real-life with a sign around my neck with my MSE signature on it. I'm probably as unassuming in real-life as your clients/friends, though I would never class myself as wealthy, anything but.

To be honest, I can't see anything 'showy' about having £240k of mortgage debt and only £15k of savings. Plus my pension amount is paltry next to some people, especially those who have been lucky enough to get into final salary schemes. However, I am trying to better myself and my financial position.

Anyway, your post isn't about my signature (after all I've had a variation of it for the last 5 years on MSE and you've never once mentioned it), it's about my comment about those people willing to travel to earn a higher income and those happy to stay put and potentially earn less. I assume you are still in the same town you were born in and hold a grudge against those who have a bit of 'get up and go'?

BJV

AlexLK wrote: »

Turnip: Absolute rubbish! The "boomers" lived through a time of fabulous economic growth. Today, people my age (early thirties) and below are going to find very difficult to not only get on but move up the ladder, if their own parents struggled, only owning a modest house or renting. One could say this country was a meritocracy during the latter part of the twentieth century. However, things do not look so rosy now. (All IMO, of course).

Sorry do not agree.

I bought my first house was I was 23. I needed a deposit and both of us had to save 3 years.

Although it was not a million pounds in relation to what I was paid it was a fortune.

No new clothes no going out. No I am not 95 just over 40 however I think it is about priorities. I have a friend who moans and groan constantly about never having the deposit yet she has enough money to go out, have lots of new clothes. !!!