The Selfish Generation

MobileSaver

MumOf2 wrote: »

No television, no phone, no holidays, no alcohol, I remember rationing anything other than tap water to one glass a day (lemon squash very diluted with water my favourite).

^ This.

In a way it is all the boomers' fault; not because of the lie that they lived the life of Riley spending money their kids would have to pay back but because of how they've brought up those kids.

The sense of entitlement amongst the under 30's is staggering and they appear to either have no idea or simply don't care about the sacrifices their parents made to get to where they are today. Those parents have to take some of the blame for allowing this to happen.

Similar to Mumof2, as a child I had one family holiday ever; a camping trip in Cornwall. I was late 20s before I could ever afford to go abroad. When my girlfriend and I got our first (rented) place together a treat for the weekend was literally "4 cans of lager!"

And yet today the under 30s with all their shiny new flat screen TVs, latest iPhones and iPads, dirt cheap holidays and dirt cheap alcohol still aren't happy. They see the lovely family home their parents have and they want one too, right NOW, conveniently forgetting that their parents took 30 or more years to get to that point and made countless sacrifices along the way.

ess0two

MobileSaver wrote: »

^ This.

In a way it is all the boomers' fault; not because of the lie that they lived the life of Riley spending money their kids would have to pay back but because of how they've brought up those kids.

The sense of entitlement amongst the under 30's is staggering and they appear to either have no idea or simply don't care about the sacrifices their parents made to get to where they are today. Those parents have to take some of the blame for allowing this to happen.

Similar to Mumof2, as a child I had one family holiday ever; a camping trip in Cornwall. I was late 20s before I could ever afford to go abroad. When my girlfriend and I got our first (rented) place together a treat for the weekend was literally "4 cans of lager!"

And yet today the under 30s with all their shiny new flat screen TVs, latest iPhones and iPads, dirt cheap holidays and dirt cheap alcohol still aren't happy. They see the lovely family home their parents have and they want one too, right NOW, conveniently forgetting that their parents took 30 or more years to get to that point and made countless sacrifices along the way.

The last paragraph sums it up well,i started off in a 2 bed terrace,most wont entertain this and want what what their parents have taken years to achieve straight away.

Cyberman60

Labour shafted you by building unaffordable debt (2 Trillion National Debt and 160 Billion annual deficit), ruining any chance of a good final salary pension in the private sector by crazy changes in 1997, and setting the country on the road to an Islamic State via ridiculous immigration levels. They also gave 50% of you the 'opportunity' to waste a few years at Uni to get a worthless degree while again building massive personal debt, as 'all must have prizes'.

The fact is though that if you have ambition you can do very well for yourself by training in a relevant skill and working hard. Blaming other hard-working people that have become wealthy by their own efforts for your failings is a cop-out and will only mean that you will doom yourself to failure by your bitterness and negativity. :eek:

StevieJ

ringo_24601 wrote: »

However, 'boomers' do still fail to mention that whilst they were paying 18% mortgages and drinking stale ditch water to survive, house prices reflected this high interest rate,.
.

Certainly not true for me, in Oct 88 I bought a starter home at 4x salary (In the north), and then interest rates rose to 15.4%. It got better as time went on but I wasn't to know that at the time, it was pretty tough.

ruggedtoast

ukcarper wrote: »

Got any figures to back that up

Considering that the average age of a first time buyer is late 30s and a second time buyer has now hit 42 I think its logical enough to use this to adduce that boomers are the main property owners.

http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/10227737/Average-age-of-second-time-buyer-hits-42.html

Even when the young do manage to buy, the houses they will begin, and end with, are tiny compared to the veritable mansions the boomers preside over.

StevieJ

Interesting that Russell Brand is leading the revoloution

Russell Brand Net Worth: Russell Brand is an English comedian, actor and radio host who has a net worth of $20 million dollars

http://www.celebritynetworth.com/richest-celebrities/richest-comedians/russell-brand-net-worth/

James_B.

ruggedtoast wrote: »

Naturally some boomers are badly off and some young people are rich. The fundamental difference is that plenty of boomers who were poor when young eventually got to own a house, whereas the same benefit isnt likely to be applied to today's young.

What a weird thing to write. It's easy enough for the young to buy a house, they just have to make sure that they put in the effort at school, pick a job wisely, and work hard and intelligently at that.

What I think you perhaps mean is that those who preferred a smoke behind the bike sheds to working are going to struggle. Of course they are, and of course they should.

We are starting graduates on £50k this year. They all look pretty young to me.

ruggedtoast

James_B. wrote: »

What a weird thing to write. It's easy enough for the young to buy a house, they just have to make sure that they put in the effort at school, pick a job wisely, and work hard and intelligently at that.

What I think you perhaps mean is that those who preferred a smoke behind the bike sheds to working are going to struggle. Of course they are, and of course they should.

We are starting graduates on £50k this year. They all look pretty young to me.

And let the other ones eat cake I suppose.

ukcarper

ruggedtoast wrote: »

Considering that the average age of a first time buyer is late 30s and a second time buyer has now hit 42 I think its logical enough to use this to adduce that boomers are the main property owners.

http://www.telegraph.co.uk/finance/personalfinance/borrowing/mortgages/10227737/Average-age-of-second-time-buyer-hits-42.html

Even when the young do manage to buy, the houses they will begin, and end with, are tiny compared to the veritable mansions the boomers preside over.

This shows you are wrong

Linton

ruggedtoast wrote: »

And let the other ones eat cake I suppose.

Sorry, but we live in a country where you need to be prepared to get qualifications and work hard to earn and save the money to be able to compete for scarce resources and build a good life for yourself. This is how it has been for the past 60 years or more. One could envisage societies where this isnt a requirement, perhaps where housing was allocated by a committee of local worthies or by a state run points system, but the UK isnt one of them.

I agree that more needs to be done for those who cant compete, but the council housing system which served that purpose was largely destroyed by politicians I didnt vote for.