Frustrated young person

Somerset

Percy1983 wrote: »

Dare I say the bigger problem here is regression.

Its all very well things have been this bad before, the problem stems with how its got better and then went backwards leaving many better off just due to there year of birth.

I will add when there was problems in the 60/70s how many council houses was there?

Maybe regression is purely stabilisation ?


The housing stock can only be increased by so much (public & private) but our population has and is increasing. Simply not enough to go round. Hence the £ of existing supply goes up.


Property was always expensive. When I was a kid it was never even thought of by my family as a possibility (council). I was early '30's when I bought and the 80K felt like 8M, it was just, for me, an inconceivable amount of debt. Swings and roundabouts, the income multiple was higher but the % was higher - I was on 12% fixed and black Wednesday ? would have brought it to 15%. I think the expectation of being able to buy has changed - it seriously didn't exist in my peer group.


I take your point about council stock/RTB effect. But again, when I was a kid, if you didn't have max points you wouldn't get a council flat ( central London ). You could be 'on the list' 10/15 year's, I know people who were. But I agree this has worsened greatly.

[Deleted User]

Sorry.. BBC Micros were £400. so they'd cost over £1000 in current money

Percy1983

ringo_24601 wrote: »

Sorry.. BBC Micros were £400. so they'd cost over £1000 in current money

It was said 2 brothers clubbed in, so thats £333.33 each in todays money.

So in the same situation now all 3 of you would just get a PC/Laptop/Tablet each and probably have some change depending which you went for.

I will agree the regression is due to things stabalising due to less homes being built, to which the clear answer is build more.

Dare I say the bigger problem is when those who had it easier are then cheering with glee that you have got it harder, you can probably see how that may annoy many people. I am not saying all of a generation are so selfish, but there does seem to be a large number of them.

IveSeenTheLight

ringo_24601 wrote: »

Sorry.. BBC Micros were £400. so they'd cost over £1000 in current money

Meanwhile the 27.5" iMac will put you back £1,600 and when you boost the RAM, hard drive and add a CD / DVD drive to conform to the latest specs, it will set you back £2,000

http://store.apple.com/uk/buy-mac/imac?product=ME088B/A&step=config

If your flush, upgrading to the top spec 3.5GHz Quad core with 32Gb ram and 3Tb of hard drive will set you back £2,893.99

http://store.apple.com/uk/buy-mac/imac?product=ME089B/A&step=config

Percy1983

IveSeenTheLight wrote: »

Meanwhile the 27.5" iMac will put you back £1,600 and when you boost the RAM, hard drive and add a CD / DVD drive to conform to the latest specs, it will set you back £2,000

http://store.apple.com/uk/buy-mac/imac?product=ME088B/A&step=config

If your flush, upgrading to the top spec 3.5GHz Quad core with 32Gb ram and 3Tb of hard drive will set you back £2,893.99

http://store.apple.com/uk/buy-mac/imac?product=ME089B/A&step=config

Well thats apple premium tax for you.

[Deleted User]

But what I'm trying to highlight is that even in the 80s, people spent silly money on techy toys. Yes, in fewer numbers, and there were no finance agreements, but people still stumped up the cash

PaulF81

Dare I say the bigger problem is when those who had it easier are then cheering with glee that you have got it harder, you can probably see how that may annoy many people. I am not saying all of a generation are so selfish, but there does seem to be a large number of them.

Don't worry. Pounds of flesh and all that, revenge will be gat once they are wearing tenna and dribbling in their soup.

[Deleted User]

PaulF81 wrote: »

Don't worry. Pounds of flesh and all that, revenge will be gat once they are wearing tenna and dribbling in their soup.

But they'll all live forever and drain the crap out of the NHS.

What's going to kill the NHS? Baby boomers, in about 10-20 years time, when they all start very slowly falling apart yet never dying.

ukcarper

Fieldsofgold wrote: »

In many areas of the SE it was incredibly difficult to get a council property in those decades.

When I was a kid in the sixties we live in what would now be classed as a slum 2 up 2 down no bathroom, hot water and toilet outside. My parents were on council list and didn't get a house until my younger sister was 11. The only way I would have got a council house when I got married would have been to stay at home with parents and have a child.


The other thing was that in the south east there was not much private rental as most landlords were selling as soon as they lost their sitting tenant.

grizzly1911

ringo_24601 wrote: »

But they'll all live forever and drain the crap out of the NHS.

What's going to kill the NHS? Baby boomers, in about 10-20 years time, when they all start very slowly falling apart yet never dying.

Could just as easily be overweight heffers gorging on ready meals, takes outs and macie dees asking for gastric bands, diabetes and heart treatment.

Not to mention health tourists, private botch job reversals, drink and drug overdoses on a weekend crowding out A&E or Henrietta who sprained her little thumb.

Or expensive life saving drugs/treatment that weren't even thought of 20/30 years ago.

Legal claimed for alleged negligence that wouldn't have seen their light of day in years past requiring endless form filling and @rse covering.

Old age has always been a problem.