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Defeated and trapped. Young look on in despair at The Kingdom of the Boomers

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Comments

  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    CLAPTON wrote: »
    amasing

    so in the 1990s there was 100% owner occupation from the 25 year olds?

    I never realised that. Since it was 70% overall that means the over 25s owned less houses than the under 25s at that time.:)
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • BobQ
    BobQ Posts: 11,181 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Combo Breaker
    fordcapri2000 wrote: »
    What a thread :-)

    I purchased my first house at the age of 21 in the early 90's, and do you know what, it was easy. .

    But you were 24 in 1986 so you were around 30 in the early 1990s

    https://forums.moneysavingexpert.com/discussion/comment/65043116#Comment_65043116

    So maybe you were 31 when you bought your first house? Having spent 10 years saving your deposit. Or did you buy in the early 80s when you were in the Army?
    Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    BobQ wrote: »
    I never realised that. Since it was 70% overall that means the over 25s owned less houses than the under 25s at that time.:)

    yes and more curious is that as those people aged a bit, fewer owned houses
  • fordcapri2000
    fordcapri2000 Posts: 116 Forumite
    wotsthat wrote: »
    Jackanory - you're in your fifties.


    Keep trying to enligten us day after day after day after day after day after day after day after day after day after day after day after day after day after day...............................
  • GeorgeHowell
    GeorgeHowell Posts: 2,739 Forumite
    BobQ wrote: »
    Which perhaps explains why I never knew or cared that the Good Samaritan had money, but Thatcher clearly thought it was more important than the help he rendered.

    The point is that he was able to offer substantial help because he had money, and the fact that he had money did not stop him wanting to.
    No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.

    The problem with socialism is that eventually you run out of other people's money.

    Margaret Thatcher
  • debbiereynolds76
    debbiereynolds76 Posts: 16 Forumite
    GeorgeHowell wrote: »
    The point is that he was able to offer substantial help because he had money, and the fact that he had money did not stop him wanting to.


    yep could not agree more :p
  • ruggedtoast
    ruggedtoast Posts: 9,819 Forumite
    This super rich boomer has pointed out that the boomers were all handed effectively free housing.

    http://www.telegraph.co.uk/finance/personalfinance/houseprices/10804031/Baby-boomers-were-handed-free-housing-says-top-insurance-boss.html

    This guy has billions in the bank, I believe he looks down on his boomer colleagues who have only managed to plunder the young for a 3 bed semi.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ruggedtoast wrote: »
    This super rich boomer has pointed out that the boomers were all handed effectively free housing.

    http://www.telegraph.co.uk/finance/personalfinance/houseprices/10804031/Baby-boomers-were-handed-free-housing-says-top-insurance-boss.html

    This guy has billions in the bank, I believe he looks down on his boomer colleagues who have only managed to plunder the young for a 3 bed semi.





    Where do they dig these people up from.
  • GeorgeHowell
    GeorgeHowell Posts: 2,739 Forumite
    ukcarper wrote: »
    Where do they dig these people up from.

    Agitprop Central Casting
    No-one would remember the Good Samaritan if he'd only had good intentions. He had money as well.

    The problem with socialism is that eventually you run out of other people's money.

    Margaret Thatcher
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