Debate House Prices


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Taxpayers' Alliance: Cut pensioner benefits 'immediately'

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Comments

  • Mummyisbeauty
    Mummyisbeauty Posts: 91 Forumite
    edited 7 October 2015 at 11:06AM
    Better get oneself to the top of the pile then. Study hard, work hard.

    Or send your kids to private school if you afford it or grammar schools if you can't.
  • Mistermeaner
    Mistermeaner Posts: 3,024 Forumite
    Part of the Furniture 1,000 Posts
    or sit around moaning about your rights from a sense of entitlement based on what?
    Left is never right but I always am.
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    Pensioners are not selfish, not anymore than any other group - indeed, they are probably the most generous of all ... gifting vast sums to their children/grand children to buy properties!

    A 10% deposit on an average home is around £22,000 then add on the £5,000 legals and expenses and £30,000 is allocated to each offspring. Selfish? I think not.

    If I look back over the decades - right back to the 50's - the single regret is that I didn't borrow to the hilt at every chance and buy property .... and then more property.

    Bricks and Mortar will NEVER fail to return a handsome reward over any 10 year span .... and it will ALWAYS be the case.

    To the young I say this:- BORROW BORROW BORROW and BUY BUY BUY Property!! You will never look back with regret!

    Forget the dead loss of renting .... money is FREE at the moment, GRAB IT!
    Bringing Happiness where there is Gloom!
  • Nick_C
    Nick_C Posts: 7,605 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    MrRee wrote: »
    Bricks and Mortar will NEVER fail to return a handsome reward over any 10 year span .... and it will ALWAYS be the case.

    Simply not true. There have been a number of occasions in the last 30 years when property prices have fallen over a ten year period. Plenty of people have found themselves unable to sell due to negative equity or have found themselves in debt when forced to sell at a loss.

    MrRee wrote: »
    Pensioners are not selfish, not anymore than any other group - indeed, they are probably the most generous of all ... gifting vast sums to their children/grand children to buy properties!

    A 10% deposit on an average home is around £22,000 then add on the £5,000 legals and expenses and £30,000 is allocated to each offspring. Selfish? I think not.

    If I look back over the decades - right back to the 50's - the single regret is that I didn't borrow to the hilt at every chance and buy property .... and then more property.

    To the young I say this:- BORROW BORROW BORROW and BUY BUY BUY Property!! You will never look back with regret!

    Forget the dead loss of renting .... money is FREE at the moment, GRAB IT!

    I think your post epitomises selfishness.

    Giving money to your children and grandchildren is not selfless. You are giving your descendants an advantage over those from less wealthy backgrounds, exacerbating inequality. Giving your money to charity would be selfless.

    Buying housing as an investment is also selfish. Housing is a finite resource. Buying more houses than you need increases demand, pushes up house prices, and makes it more difficult for first time buyers who don't have a rich parent or grandparent to help them get on the housing ladder.

    Yes, money is free at the moment, but a lot of people with mortgages would be in trouble if mortgage rates rose to the 8% or 15% levels that you and I have probably experienced.

    But if you really are selfless then I hope you will agree that you don't need your Winter Fuel Allowance, and would happily give it up so the Government can pay off debt and reduce taxes?
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    As i pointed out before, my Winter Fuel Payment allows me to heat my swimming pool and keeps me healthy and therefore out of the hospitals ... leaving them available for the young who need to be fixed and back to work to pay the taxes required.

    Family comes first, I'm sure you would agree - so, to my mind paying each offspring and grand offspring £30,000 each for their first property IS sensible ... giving to charity wouldn't help my flesh and blood - and they need the help as much as a charity does.

    Charity MUST start at home.

    Food banks are very good at handing out tins of beans to the destitute - those who can afford to smoke 60 a day, drink cans of beer, own smartphones and 55" Plasma TV's!!!!!! Think I'm giving to that? Think again.
    Bringing Happiness where there is Gloom!
  • Nick_C wrote: »
    <snip>
    I think your post epitomises selfishness.

    There is a famous internet quote which I believe applies here.

    Don't feed the trolls.
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    A troll is not someone with an alternative view ..... so often the stupid get confused with that.
    Bringing Happiness where there is Gloom!
  • Fella
    Fella Posts: 7,921 Forumite
    1,000 Posts Combo Breaker
    MrRee wrote: »
    A troll is not someone with an alternative view ..... so often the stupid get confused with that.

    I think he was giving you the benefit of the doubt. If you're not a troll it means you're being serious when you write stuff like this:
    MrRee wrote: »

    To the young I say this:- BORROW BORROW BORROW and BUY BUY BUY Property!! You will never look back with regret!

    Which to be honest, makes most sensible people (including those who maybe own a property or two) assume you're must be trolling as the only alternative is you're a dribbling cretin.
  • princeofpounds
    princeofpounds Posts: 10,396 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I think MrRee qualifies as a provocateur, rather than troll.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    On HPC they quote the Mr Ree novelty account as evidence of the typical MSE train of thought.
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