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No country for young men — UK generation gap widens

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Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
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    By the time boomers were 25 many had worked 9 years and most had worked at least 7

    By the time the current generation are 25 they will probably have worked on 2 or three year

    why would we expect the asset level to be similar?

    why do we describe going to University as 'bleak'?

    Most boomers didn't travel round the world (until maybe retirement)

    whilst almost all the young people I know have been round the world at least once many stopping in Aus to work a while.

    why is this bleak?

    in most parts of the country excepting London and parts of the SE housing is affordable for the majority of people who have saved a deposit.

    Young people have made different choices to the previous generations and don't feel their life is bleak at all.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    CLAPTON wrote: »
    why would we expect the asset level to be similar?

    No one is.

    But similarly, with the points you have made, why expect those people to do the same as your generation did and buy a house before they have kids etc?
  • Loughton_Monkey
    Loughton_Monkey Posts: 8,913 Forumite
    Part of the Furniture Combo Breaker Hung up my suit!
    edited 26 February 2015 at 2:23PM
    No one is.

    But similarly, with the points you have made, why expect those people to do the same as your generation did and buy a house before they have kids etc?

    Priceless!

    I know of no boomer (myself included) who expects the younger generation to do the same. It's almost the reverse for me in that I 'expect' the young generation to do almost everything differently.

    Casual observation demonstrates beyond any reasonable element of doubt that behaviours have changed beyond recognition - especially with regard to parenting, investing, housing, spending, choosing living standards etc.....

    Virtually all choices made by today's young were equally available to me and my generation. But we chose alternative ways [as an overall generalisation].

    The only thing I, personally, expect of the young is that they damned well understand the implications of their personal choices. E.g. renting 3-bed semis in which to have kids rather than (say) rent a 1-bed apartment for a few years, save up, and buy a small 2-bed to get on the housing ladder. E.g. not biting the hand off an employer who offers to match your 10% pension contribution rather than choose to spend your own 10% on lifestyle.

    Sadly, it seems, many of them fail to 'understand' and this results in their whinging that any lack of prospects they perceive are the result of 'Society', the 'Government', or 'Robbery from the boomer generation'.
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    CLAPTON wrote: »
    By the time boomers were 25 many had worked 9 years and most had worked at least 7

    By the time the current generation are 25 they will probably have worked on 2 or three year

    why would we expect the asset level to be similar?

    why do we describe going to University as 'bleak'?

    Most boomers didn't travel round the world (until maybe retirement)

    whilst almost all the young people I know have been round the world at least once many stopping in Aus to work a while.

    why is this bleak?

    in most parts of the country excepting London and parts of the SE housing is affordable for the majority of people who have saved a deposit.

    Young people have made different choices to the previous generations and don't feel their life is bleak at all.

    Good points the only thing I would say is the majority of boomers left school at 16 or before in fact prior to 1972 a large proportion maybe the majority left at 15.
  • thorsoak
    thorsoak Posts: 7,166 Forumite
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    N1AK wrote: »
    And your parents generation were any less generous with their time/money? My Grandparents travel to Australia each year to see one set of grandchildren, they don't pretend its a hardship, but then they actually enjoy it. It seems a shame that you do it out of obligation rather than love for your family and enjoyment of their company; or are you trying to get credit for doing something you want to do!?

    Perhaps if you weren't voting to redistribute billions of pounds from the working poor to wealthy pensioners the people you're robbing wouldn't need your 'charity' in the first place ;)

    Two of my children still are the "working poor" - working in the caring profession at not great wages, the other two are doing well enough ....for the time being. But when we willingly and lovingly helped them with their first mortgages they all were just able to scrape onto the mortgage ladder. Obligation doesn't come into it - its what families do.

    By the way, the "working poor" working for NMW and who receive wtc and hb do not pay tax on their much-needed benefits and have tax codes of 1000. I receive SRP of £614 per 4 weeks and pay tax of £72 per 4 weeks on my NMW for 21 hours of £546 - and I resent your implication that boomers are robbing the working poor!
  • N1AK
    N1AK Posts: 2,903 Forumite
    Part of the Furniture 1,000 Posts
    thorsoak wrote: »
    and I resent your implication that boomers are robbing the working poor!

    Resent it all you like, I find it morally offensive that boomers ARE voting as a group to rob the working poor!

    I bet the working poor facing benefit freezes, the removal of housing benefit for many, bedroom taxes are glad to be funding your pensioner bonds, free transport, free TV, heating allowances, inflation beating pensions etc etc.
    Having a signature removed for mentioning the removal of a previous signature. Blackwhite bellyfeel double plus good...
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    N1AK wrote: »

    Perhaps if you weren't voting to redistribute billions of pounds from the working poor to wealthy pensioners the people you're robbing wouldn't need your 'charity' in the first place ;)

    I've see this written so many times perhaps you could explain exactly how we are robbing the poor and who we voted for to redistribute those billions of pounds.
  • pollypenny
    pollypenny Posts: 29,434 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    N1AK wrote: »
    And your parents generation were any less generous with their time/money? My Grandparents travel to Australia each year to see one set of grandchildren, they don't pretend its a hardship, but then they actually enjoy it. It seems a shame that you do it out of obligation rather than love for your family and enjoyment of their company; or are you trying to get credit for doing something you want to do!?

    Perhaps if you weren't voting to redistribute billions of pounds from the working poor to wealthy pensioners the people you're robbing wouldn't need your 'charity' in the first place ;)


    I think I am of your grandparents' generation.

    What on earth makes you think that we've helped our children out of obligation? We certainly do love them and enjoy their company. If the grandchildren were near our home we'd ptobably have them some time during the week to ease child care costs, as many grandparents do, which was my point about sharing the pie.

    My parents weren't in a position to help us with a penny and the in-laws didn't care.
    Member #14 of SKI-ers club

    Words, words, they're all we have to go by!.

    (Pity they are mangled by this autocorrect!)
  • ukcarper
    ukcarper Posts: 17,337 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    N1AK wrote: »
    Resent it all you like, I find it morally offensive that boomers ARE voting as a group to rob the working poor!

    I bet the working poor facing benefit freezes, the removal of housing benefit for many, bedroom taxes are glad to be funding your pensioner bonds, free transport, free TV, heating allowances, inflation beating pensions etc etc.

    How do you know how boomers are voting the one thing for sure is they are not voting as a group.
  • pollypenny
    pollypenny Posts: 29,434 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    N1AK wrote: »
    Resent it all you like, I find it morally offensive that boomers ARE voting as a group to rob the working poor!

    I bet the working poor facing benefit freezes, the removal of housing benefit for many, bedroom taxes are glad to be funding your pensioner bonds, free transport, free TV, heating allowances, inflation beating pensions etc etc.



    You have no idea how I vote! :p

    It'll be a cold day in hell before I vote Tory!
    Member #14 of SKI-ers club

    Words, words, they're all we have to go by!.

    (Pity they are mangled by this autocorrect!)
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