We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The young DESERVE house holiday and good times

There seems to be a feeling amount the boomers that the young shouldn't have a house, holiday and good times. Why shouldn't the young have these things. They go to Uni get there degrees I see no reason they shouldn't have a house to own, nice holidays a nice life
«1345

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    yes they need to build more houses
  • Voyager2002
    Voyager2002 Posts: 16,349 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Yes, but the first priority has to be dealing with poverty and starvation, both in the UK and in Africa. No-one should have money to waste on alcohol and TV until everyone in the world has adequate food and decent medical services.
  • tberry6686
    tberry6686 Posts: 1,135 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I don't see anyone saying the young shouldn't have a home of their own, holidays, good times etc. If they want them then they have every right to go out and earn the money to pay for them.
  • floridaman
    floridaman Posts: 113 Forumite
    But they are to expensive inline to wages
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    floridaman wrote: »
    But they are to expensive inline to wages



    Don't you mean inline with your wages.
  • Running_Horse
    Running_Horse Posts: 11,809 Forumite
    Part of the Furniture Combo Breaker
    Most people don't get degrees. Most people do get houses.

    I bought my house then earned my degree in my spare time outside work.
    Been away for a while.
  • jaydeeuk1
    jaydeeuk1 Posts: 7,714 Forumite
    Debt-free and Proud!
    When Russia starts chucking nukes at us in a few weeks house prices will drop. Especially in Derby if you live near Rolls-Royce.
  • Moto2
    Moto2 Posts: 2,206 Forumite
    floridaman wrote: »
    There seems to be a feeling amount the boomers that the young shouldn't have a house, holiday and good times. Why shouldn't the young have these things. They go to Uni get there degrees I see no reason they shouldn't have a house to own, nice holidays a nice life

    Or save up and do what I've done and buy a holiday home
    You get to tick all the boxes.
    Change is inevitable, except from a vending machine.
  • The reality is that until 'a' government of whatever colour grows a spine and outlaws 'Land banking' then this situation will continue.

    It's not helped of course by the UK public's complete addiction to credit/debt.

    It stuns me as someone who has been bankrupted that if you read the threads on here about BK, many of them are about "How to rebuild my credit limit!"

    Why would you want to do that? BK leaves you debt free, the pressure is gone and look around, even those not going BK are mostly still up to their eyeballs in debt. You have no debt but can't wait to get some? It's sick & twisted imo, just utter madness.

    My daughter and her fianc!e have a £250k house at age 22 and 23 respectively. Now after two years they are selling it because they have realised that owning a house ties you into the system and they want a life instead.

    They both have good degrees. Apart from the mortgage and the usual student loans they have no debt so they are off abroad and good for them. Everyone should have a life before a house or kids, everyone imo should go to work & live abroad for at least a year for the experience, if not to stay abroad.

    House ownership is a peculiarly British illness in Europe. Oddly enough vast swaths of people in say France and Germany never buy a house; doesn't seem to kill them does it? They are not lesser human beings are they?

    People, please, young or old, widen your horizons. There really is a great deal more to life than debt and house ownership.
    I am not offering advice, at most I describe what I've experienced. My advice is always the same; Talk to a professional face to face.

    Debt - None of any type: Bank or any other accounts? - None: Anything in my name? No. Am I being buried in my wife's name... probably :cool:
  • jaydeeuk1 wrote: »
    When Russia starts chucking nukes at us in a few weeks house prices will drop. Especially in Derby if you live near Rolls-Royce.

    LOL, I think you are a bit stuck in the 80's, we're not going to have a re-run of 'Threads'

    To be realistic, if Russia wants to hurt western Europe all it has to do is turn off the gas.... no need to nuke anything.

    Ultimately many a sabre is being rattled but forget the noise and look at the detail. No one is looking for a cross border war, not even the Yanks.

    Most of their (America) financial institutions are now either owned or significantly controlled by Chinese and Russian money. In the UK the City of London would cease to function without Russian and Chinese money.

    Therefore, nothing of note will be happening about Ukraine. War costs money and there isn't any credit available for the west's favourite war mongers USA & UK.

    If one looks at it sensibly then it is fair to say that relatively a few hot heads have taken over and that the vast majority of Ukranians , in Crimea and the whole of eastern Ukraine seem to want nothing to do with those in the unelected government in Kiev.

    What makes me really laugh is the UK response, in refusing to attend preliminary talks at Sochi before the G8... the UK should not now be in the G8. It has a seat purely because China and Brazil don't bother to attend.

    Surely it is high time the UK realised how important it is since it is no longer an empire; it's just a tiny island with an appalling economy, debt which makes it vie with America for the world's most indebted country and an appalling balance of trade.

    It is simply not a world power anymore but because it pretends to be it is the UK public who suffer badly and will suffer worse yet in the decade to come.
    I am not offering advice, at most I describe what I've experienced. My advice is always the same; Talk to a professional face to face.

    Debt - None of any type: Bank or any other accounts? - None: Anything in my name? No. Am I being buried in my wife's name... probably :cool:
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.