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Debate House Prices


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

123457

Comments

  • MFW_ASAP wrote: »
    He's squeezing every last drop out of his single issue before he moves onto a different bandwagon. It's now the priced out generation, even though he's just acknowledged that he's disingenuously comparing the bottom of a deep crash with the top of a high boom.

    This is going to be interesting to watch. :)

    Nice misquote renoman.

    I noticed you missed out the etc from what I had said, like I think IO mortgages were the only problem.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Nice misquote renoman.

    I noticed you missed out the etc from what I had said, like I think IO mortgages were the only problem.
    The high oil prices were going to cause a double dip recession too.
  • chucky wrote: »
    The high oil prices were going to cause a double dip recession too.

    You're right chuckles. Good to see you now accept that high oil prices were crippling for the economy.
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    You're right chuckles. Good to see you now accept that high oil prices were crippling for the economy.
    No shortbrained, get it right. You're lying, that's not what you said.

    You kept on claiming that high oil prices would cause a recession. You did realise the global financial crisis was the main contributing factor...
  • chucky wrote: »
    No shortbrained, get it right. You're lying, that's not what you said.

    You kept on claiming that high oil prices would cause a recession. You did realise the global financial crisis was the main contributing factor...

    Yes chuckles.

    But didn't we start to show signs of recovery if I remember. Then along come the high oil prices and any chance of a continued recovery went up in smoke. You know, high inflation and all that.
  • Now I wonder chuckles if you're busy looking through all my old post to prove me wrong. :)
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    Now I wonder chuckles if you're busy looking through all my old post to prove me wrong. :)
    No need to look through posts. I have an extremely good memory that allows me to remember lots of things not like yours though...

    You say something then deny you ever said it like now. Don't be an excuse of a man, admit it when you have been proved wrong. Have some dignity about you...
  • 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).


    My dad was born in 1939 and started off living in a bedsit where he had to share a bathroom with all others in the building. He saved like mad, doing any extra jobs he could.

    Eventually he wanted to buy a derelict house where he could do the work himself. It was incredibly hard to get a mortgage in those days and he had to have an interview with a bank manager. The first bank turned him down. The second one put him on a waiting list and he had to wait for 6 months before it was his turn to get a mortgage.

    He is from the baby boomer generation and they did not have it easy. My generation had it much easier as I was lucky to buy during the end of the housing crash in the 1990s. My dad was amazed I what we could afford compared to his first house bought in the 1960s.
  • LydiaJ
    LydiaJ Posts: 8,083 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    My dad was born in 1939 and started off living in a bedsit where he had to share a bathroom with all others in the building. He saved like mad, doing any extra jobs he could.

    Eventually he wanted to buy a derelict house where he could do the work himself. It was incredibly hard to get a mortgage in those days and he had to have an interview with a bank manager. The first bank turned him down. The second one put him on a waiting list and he had to wait for 6 months before it was his turn to get a mortgage.

    He is from the baby boomer generation and they did not have it easy. My generation had it much easier as I was lucky to buy during the end of the housing crash in the 1990s. My dad was amazed I what we could afford compared to his first house bought in the 1960s.

    He's a bit older than a boomer - the baby boom didn't start until after 1945. I suspect things were tougher for those born those few years earlier.
    Do you know anyone who's bereaved? Point them to https://www.AtaLoss.org which does for bereavement support what MSE does for financial services, providing links to support organisations relevant to the circumstances of the loss & the local area. (Link permitted by forum team)
    Tyre performance in the wet deteriorates rapidly below about 3mm tread - change yours when they get dangerous, not just when they are nearly illegal (1.6mm).
    Oh, and wear your seatbelt. My kids are only alive because they were wearing theirs when somebody else was driving in wet weather with worn tyres.
    :)
  • MFW_ASAP
    MFW_ASAP Posts: 1,458 Forumite
    chucky wrote: »
    No need to look through posts. I have an extremely good memory that allows me to remember lots of things not like yours though...

    You say something then deny you ever said it like now. Don't be an excuse of a man, admit it when you have been proved wrong. Have some dignity about you...

    I'm afraid that's his modus operandi, I'm still waiting for him to find a post about something he accused me of. I've not had any response apart from his evasions. I guess it does serve as an example to the other board members, who can see the evasions and make their own minds up about him.

    I dare say he's wishing he never said it now, he's looking really quite foolish. :(
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