House prices have risen 6.9% a year since 1980 according to the ONS

ruggedtoast

CLAPTON wrote: »

I am full of praise for young people and know most of them take full advantage of the fantastic opportunities that are available to them in this country.

Sadly most (but not all ) homeless people are suffering from social and mental problems that complicate their situation : obviously you wouldn't have cause to know that.

Youth groups owning a mini bus is a wonderful example of the opportunities that the young have these days and I'm very glad they make full use of it.

Sadly you have missed out on so much but until you are wiling to accept help, little can be done for you.

However the young of other countries know what wonderful opportunities are available here which is why they come in their hundreds of thousands each year.

One takes consolation that your lose is their gain.

Don't start pretending you are keen on the young of other countries. You are anti the young unless they were born middle aged. And you would send the foreign young away on trains if you and your ukip buddies had their way.

CLAPTON

ruggedtoast wrote: »

Don't start pretending you are keen on the young of other countries. You are anti the young unless they were born middle aged. And you would send the foreign young away on trains if you and your ukip buddies had their way.

Don't let your bitterness and hatred towards certain sections of society cloud your judgement
nor attribute normal decent people, the same bitter and twisted views as yourself.

All sections of society should be accorded respect, concern and support.

Anyway do try to reconcile yourself with your parents and grandparents, aunts and uncles before time rounds out

TickersPlaysPop

Jack_Johnson_the_acorn wrote: »

Right now ..... But that would mean going to the Caribbean maybe once every 2 years instead of twice a year.... Luckily neither myself or the Mrs particularly want children yet or maybe even ever :T

So you are saying you could survive in 1 wage in your house hold?.... and do you have the room for children in your house.

My point is.... even when most young people get a house, they cannot realistically afford to have children.

System

You don't have to able to survive on one wage to have kids.

Jack_Johnson_the_acorn

TickersPlaysPop wrote: »

So you are saying you could survive in 1 wage in your house hold?.... and do you have the room for children in your house.

My point is.... even when most young people get a house, they cannot realistically afford to have children.

Yes it has 3 bedrooms and there are 2 of us, probably have to move the pool table though!!!! We would have to cut back initially, but we would save whilst planning the child.... 2 of us would return to work asap I imagine as neither of us particularly like children haha.

MARTYM8`

ruggedtoast wrote: »

I don't want you to make sacrifices Mr Acorn. I want you to live and dance and sing and enjoy the precious gift that is your youth without having to worry about fixed or variable rates, without having to subsume your identity into a financial system that wants only to masticate you.

Beneath your bean counting exterior don't you want that for yourself? Just a little bit.

As you say - should you really have to choose between having a huge mortgage on a house or having a life. Cos those posts 'we never went out for 10 years so we could save up a 10 per cent deposit on a one bed flat' are rather a indictment of our priorities as a country.

What a sad country we have become where the pursuit of ownership of some bricks becomes more important than enjoying your twenties.

Still - it keeps the bankers and estate agents in business!:D

ukcarper

MARTYM8` wrote: »

As you say - should you really have to choose between having a huge mortgage on a house or having a life. Cos those posts 'we never went out for 10 years so we could save up a 10 per cent deposit on a one bed flat' are rather a indictment of our priorities as a country.

What a sad country we have become where the pursuit of ownership of some bricks becomes more important than enjoying your twenties.

Still - it keeps the bankers and estate agents in business!:D

The choice is yours but you should realise that the 20s are not all of your life. I like many others thought the sacrifice was worth it and it doesn't mean you have to spend your 20s in missory you can enjoy yourself without spending lots of money. Perhaps it says more about the country that people think they can't have an enjoyable life without having the latest gadgets, expensive holidays and nights out every weekend.

chucknorris

ukcarper wrote: »

The choice is yours but you should realise that the 20s are not all of your life. I like many others thought the sacrifice was worth it and it doesn't mean you have to spend your 20s in missory you can enjoy yourself without spending lots of money. Perhaps it says more about the country that people think they can't have an enjoyable life without having the latest gadgets, expensive holidays and nights out every weekend.

I actually struggle to spend money because the things I like doing are free or not expensive: walking/running with my dog, cycling leisurely with my wife and dog, running, cycling and swimming for exercise, bowls, chess, meeting up with friends for dinner and going to the cinema.

michaels

chucknorris wrote: »

I actually struggle to spend money because the things I like doing are free or not expensive: walking/running with my dog, cycling leisurely with my wife and dog, running, cycling and swimming for exercise, bowls, chess, meeting up with friends for dinner and going to the cinema.

And this is my theory on the financial crisis, inequality results in those with capital not being able to spend what they have and thus looking to save it at high rates of interest, however the glut of savings as a result of the inequality pushes down interest rates to the point where individuals (and countries) end up borrowing to consume rather than invest and of course borrowing to consume is not a process that can increase exponentially forever. Once debt surpasses a certain proportion of income it becomes unsustainable (doubly so because of the interest rate risk dynamic that means the rate payable on the entirety of the debt increases as the debt to income ratio rises and thus perceived ability to service declines).

Income inequality -> excess savings -> low interest rates -> borrowing to consume (also driven by income inequality) -> out of control debt ratios -> financial crash