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The sign of things to come? Amazing!
Comments
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Pleased to read the newspaper articles - that was good. Has anyone got any concrete suggestions re what way people can provide themselves with pensions, rather than getting buy-to-let housing? At this point - I hasten to add that I only own the house I live in. I can sympathise, however, with those who don't have a suitable employer pension - I would hate to be in that position myself. Is there a way to resolve the question of how these people are to afford to retire at retirement age - without buying-up other peoples potential homes?0
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In between all the prejudice - plus bad grammar and spelling - on this topic it is clear there is a lot of anger and upset all round. Not being expressed in a very articulate fashion most of the time.
Points to make:
1. Ones point is appreciated better if expressed in a grammatical way, with proper spelling and lack of obvious prejudice coming through. Just a thought!
Who the hell do you think you are!?
That good enough grammar for you?!
Sorry, is that enough grammer for one squire?0 -
Pleased to read the newspaper articles - that was good. Has anyone got any concrete suggestions re what way people can provide themselves with pensions, rather than getting buy-to-let housing? At this point - I hasten to add that I only own the house I live in. I can sympathise, however, with those who don't have a suitable employer pension - I would hate to be in that position myself. Is there a way to resolve the question of how these people are to afford to retire at retirement age - without buying-up other peoples potential homes?
Invest in stocks, shares, bonds, gold, silver, copper, managed funds, premium bonds & all the normal investments.
Edited to add: classic cars, fine wines, art & antiques"Mrs. Pench, you've won the car contest, would you like a triumph spitfire or 3000 in cash?" He smiled.
Mrs. Pench took the money. "What will you do with it all? Not that it's any of my business," he giggled.
"I think I'll become an alcoholic," said Betty.0 -
Is there a way to resolve the question of how these people are to afford to retire at retirement age - without buying-up other peoples potential homes?
A quick return to this thread for me. I would comment further on posts but do not have the time today.
I think the above is a very good question.0 -
Guy_Montag wrote: »
Edited to add: classic cars, fine wines, art & antiques
yah for me, i only like old cars and furniture so i am investing by accident0 -
Hmmmmmm,I can feel the anger mounting and certainly see it in younger members of my family.Suddenly they are finding out the real truth.On one hand they can scrimp and save and maybe the day will come when they have the deposit to buy some hovel in a chav infested area because that is all they can afford or they can chose to rent in the private sector on a 6 month agreement.Not very conducive in bringing up a family methinks.
The backlash is coming!0 -
Hmmmmmm,I can feel the anger mounting and certainly see it in younger members of my family.Suddenly they are finding out the real truth.On one hand they can scrimp and save and maybe the day will come when they have the deposit to buy some hovel in a chav infested area because that is all they can afford or they can chose to rent in the private sector on a 6 month agreement.Not very conducive in bringing up a family methinks.
The backlash is coming!
But most youngsters don't scrimp and save, they buy now and pay tomorrow. They go to uni and don't work, just spend the loans and rack up a fortune in debt. Many of them have cars while at uni and they are not bangers. They get their first job and they are straight out to the car showroom to buy a new model. They wear designer clothes and spend a fortune of nights out. They indulge themselves. They have little concept of money, but plenty of style aspiration.
Now when young couples get married they don't want household goods etc because they have bought all that. They want money or vouchers to get a better TV or better car or exotic holiday. These poor couples that have overstretched themselves to buy houses still manage to furnish it with great style.:rolleyes:~Laugh and the world laughs with you, weep and you weep alone.~:)
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Romani_Ite_Domum wrote: »Don't you just love the prejudice on this site!God made man, man made money, money made man mad0
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Protesting peacefully to this government will make no difference. These people have had no other option. Desperate times make desperate people take deperate action.
Desperate people take desperate measures? Well, fire should be fought with fire, see how desperate you are then.God made man, man made money, money made man mad0 -
But most youngsters don't scrimp and save, they buy now and pay tomorrow. They go to uni and don't work, just spend the loans and rack up a fortune in debt. Many of them have cars while at uni and they are not bangers. They get their first job and they are straight out to the car showroom to buy a new model. They wear designer clothes and spend a fortune of nights out. They indulge themselves. They have little concept of money, but plenty of style aspiration.
Now when young couples get married they don't want household goods etc because they have bought all that. They want money or vouchers to get a better TV or better car or exotic holiday. These poor couples that have overstretched themselves to buy houses still manage to furnish it with great style.:rolleyes:
Can you point to objective evidence that says most younger people are living like this?
I don't know which youngsters you know - but most of the ones I know are scraping by trying to pay off student loans (no free grant) on crappy jobs because qualifications are being devalued along with everything else (you have to have a Masters - more expense - nowadays to get anywhere).
Meanwhile some of the oldies are retiring early and living it up with new cars, cruises and second/third homes here and overseas paid for with final salary pensions, BTL income, cheap debt and equity.0
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