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The young DESERVE house holiday and good times
Comments
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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
Sometimes I wonder if you are a bull's sockie attempting to undermine the bears.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »Sometimes I wonder if you are a bull's sockie attempting to undermine the bears.
Could be.
First I thought it was another shortchanged sockie. Where is Bantex by the way? That one has gone quiet after being outed.
Don't blame me, I voted Remain.0 -
I am a first time buyer in my early 30s. I have saved a deposit for eleven years since graduating from university. No-one has ever stopped me from buying a house or going on holiday. I hoped that house prices would fall more so that I would be in a better position to buy, however that has not happened - even at the worst point of an economic crisis. I think we are now in an early stage of a boom (according to economic indicators), so I think it is a good time to buy.0
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Mr_F_Dorsetty wrote: »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.
Why is importing more than you export bad? Surely it's a sign of a strong economy that your workers can afford to outbid people in other places.
The weak economies are Germany and China: they have to export huge amounts because their workers can't afford to buy what they produce. What would these 'strong' economies do without countries to export to? They are utterly reliant on external demand for their economic well being.
As for the G8. The UK is the 6th biggest economy in the world and a massive trading nation as both an importer and exporter. Why would they be kicked out of the G8 by Brazil which is the 8th largest economy in the world despite being vastly more populous? Surely Italy and Canada (10th and 11th largest) would be more at risk. China, whilst having a much larger GDP than the UK, has a GDP per head which isn't even a quarter of the UK's. Hardly a model of a rich country, even if it is growing fast for now.0 -
Why is importing more than you export bad? Surely it's a sign of a strong economy that your workers can afford to outbid people in other places.
The weak economies are Germany and China: they have to export huge amounts because their workers can't afford to buy what they produce. What would these 'strong' economies do without countries to export to? They are utterly reliant on external demand for their economic well being.
China btw can create 8% growth on it's internal markets alone without any exporting... just so you're clear.
As for the G8. The UK is the 6th biggest economy in the world and a massive trading nation as both an importer and exporter. Why would they be kicked out of the G8 by Brazil which is the 8th largest economy in the world despite being vastly more populous? Surely Italy and Canada (10th and 11th largest) would be more at risk. China, whilst having a much larger GDP than the UK, has a GDP per head which isn't even a quarter of the UK's. Hardly a model of a rich country, even if it is growing fast for now.
"The weak economies are Germany and China".... pardon? What? You didn't really write that did you?
A country which imports more than it exports is at the behest of the world markets - net exporters control their economies, net importers do not. The UK is very much a Net importer.
As were talking about it then we can also say that the UK is a service industry economy and ask the question "When you're in an important business meeting in a restaurant, do you ask the waiter to join in?"
You are also reading some old data about who is rich and who isn't.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:
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Mr_F_Dorsetty wrote: »
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.
the facts about home ownership within the EU are freely available.
why not look up the facts that show the UK is below the european average
even Germany, which is often said to show virtually 'no-one' is an owner occupier, is about 50%0 -
The weak economies are Germany and China:
Had to laugh
German and Chinese economies are based on manufacturing, not on hot air (also known as financial market) as in UK.
Happiness is buying an item and then not checking its price after a month to discover it was reduced further.0 -
I must say that Germany has never seemed like a weak economy when I have been there.
China is very reliant on low skilled manufacturing however, and most Chinese do not have much money. As repulsive as their government is however, they are making massive strides each year.0 -
Mr_F_Dorsetty wrote: »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.
A post full stupid empty statements
a lot of people in Germany and france rent.....
This isnt as clear as that. For instance in France 58% own while in the UK 64% own. That seems like more own in the UK but it isn't true.
About 18m homes are owner ocupied in France vs about 17.5m in the UK. You might say...but ahh france is a nation with more people which is true but population is virtually the same 64 vs 65m. Even taking population into account more homes are owned in France than in the UK!
Also importantly the french figure is rising while the British figure is falling!
So if the people of france owns more homes than the UK (18m vs 17.5m) why do the stats show the french owning 58% and the UK owning 64%???
The answer is because the UK has a huge shortgage of homes. France has about 31m homes whereas the UK has closer to 27.5m homes. Remeber France inly has about 1m more people than us yet she has 3.5m more homes.
becuase she has more supply renting is far far more affordable
a similar argument applies to Germany.
renting in the UK would be more viable if we had 4.5million more homes this instant (which would bring us to the same hosuing level per capita as Germany)0 -
ruggedtoast wrote: »I must say that Germany has never seemed like a weak economy when I have been there.
China is very reliant on low skilled manufacturing however, and most Chinese do not have much money. As repulsive as their government is however, they are making massive strides each year.
Electricity is what makes a nation rich. It allows machines and tools to improve productivity beyond anything possible without electricity.
The west only really electrified after wW2. It then took 40-50 years to become productive first world nations.
China only really electrified in the late 1990s. And she too in 40-50 years from that date will be a a first world nation so only 20-30 years left (by which yome pretty much all reputable bodies think she will be in the 30-40k USD per capita region)
The idea that china is just a poor nation producing trinkets for the west and reliant om that is stupid. She will become the worlds most powerful nation within our lifetimes.0
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