Well damn, you're right, I wasn't around during the 80's so I shouldn't speak about it. Well, I better go make an announcement to the world cancelling anything to do with history because none of us were around for most of it so who are we to talk about it? No more history lessons, no more museums, it all has to go since we weren't there to experience it ourselves.

By all means, if I'm wrong, explain it. People WERE getting on the property ladder easier than they do now because inflation wasn't as insane as it is now. a typical house costs in the 80's varied between 20k to around 50k for the most part while the average cost in today's world is over 200k (and that's the lower range). The median annual pay for 2020, btw, was 30k, while in the 80's it was 6k. You could save up every penny of a yearly wage in 2020 and it would still take you over six years to buy a house outright while you could do the same in the 80's and have enough for a house in three at the lower average ranges. Let's not even get into the fact that the cost of living in the 80's was much lower than it is now which made saving up a lot easier.

By all means, make out that you should ignore what I'm saying because I wasn't born in the 80's, it'll just look like you're running with your little tail between your legs.

Wasnt the specials tune, ghost town picked as the song to sum up the decade.:shrug:

I'm sure it has been.

Then why aren't people buying homes as much as they were in previous decades? You make out that it's easier but the numbers don't lie, young people simply cannot afford to get on the property ladder as they could have in previous generations.

What do established families have to do with young people trying to get on the property ladder? **** all, that's what.

It's probably more to do with less young people forming partnerships, thus the need for a family home isn't as prevalent today.

Ah, so people can't afford homes or to start families and somehow they have it easier than people in the 80's did?

You are correct for once..it has nothing to do with that at all.

Which is probably the reason I didnt quote a comment about the property ladder when i posted my statement

That's not really what I meant.. what I mean is, a lot of young people today dont see the need or need the need to move out of mum and dads house until they become financially stable in thier mid to late 20s.

Even then, for some they would rather just sit alone playing games in their darkened rooms and pay dig money to their parents, rather than think about starting families and buying houses.

Its different times. To many luxuries at mums house for many to want to move out.

Such a boomer response

:laugh:

the other thing more prevalent now is the bank of Mum and Dad

there was no bank back in the day ...sigh

kids now benefit from their parents buying their properties either in their lifetime or when the parents sadly die

A different tune to when you were praising Thatcher in another thread.

So what...that has nothing to do with this.

She had her plus sides and is probably one of our best pms.

I was born in 1970..not 1950...

Go troll somewhere else you parasite.

The "bank of mum and dad" is a fantasy concept.

Most working class young people don't have wealthy parents as a safety net. The "bank of mum and dad" is not a thing for most people. Nor is "wanting" to stay at home longer.

What a dumb statement.

There are plenty working class parents who help their kids out, and plenty working class people who have bought their homes and will pass the equity on in time.

Unless you are saying no working class person owns their own home :skull:

Well... read my post and you'll see I'm not saying that. Quite clearly. My post didn't say anything about people who own homes.

Parents "helping their kids out" is not the same as saying they just get their mum and dad to look after them like babies. The word "helping" is an indication.

I said most working class people don't have "the bank of mum and dad" to rely on whether they want it or not. Some kids relying on their parents where they can isn't a "this generation" thing either. Much less a widespread thing. We're not all Prince Charles are we.

Isn't it telling that both the 80's and present day had poor economies and were both run exclusively by Tories?

You always write what I think much better than I ever could dezzy :laugh:

Glenn was right, this is boomerish as hell.

People don't stay at home because they 'don't see the need' it's because they can't and that line about gaming is up there with typical boomer responses like 'Well, they'd be able to afford houses if they didn't buy so much Starbucks and Avacados!!!'

People would be buying their own homes if they could, the truth is that it's simply not as much of an option for most as it was back in the 80's.

It's not even about generations. Even people growing up in the same generation can sometimes not comprehend someone living under different circumstances to themselves.

It's why we end up with the politicians we do. They can't or don't want to address the issues that do not affect their own bubble.

"I have more than you do because I worked harder or I wanted it more" is total bollocks.

Don't rise to it Parmy

It's a fact that some folk work much harder than others, it's also a fact that it bears very little correlation to corresponding success. Right place, right time ( no matter what the economic conditions are) and who you know are for more important than anything else. Those that have come through the pandemic unscathed financially and health wise, will have fallen in to those 2 categories

https://www.theguardian.com/money/20...d-crisis-bites

the fantasy bank of Mum and Dad in action

early one in four home purchases this year will be backed by the “bank of mum and dad” – up from fewer than one in five in 2019 – as buyers struggle with the economic fallout from the Covid-19 crisis.

Financial help provided by the bank of mum and dad, encompassing parents, grandparents, other family and friends, will be a driving force behind the recovery of Britain’s housing market. Those able to assist will lend an average of £20,000 towards a deposit on a home, said researchers from insurer Legal & General (L&G) and economics consultancy Cebr.

Johnson PM will retain the power to exonerate
himself of any possible breach of the ministerial code

Fact.

I often wonder why people trash the public, that consists of their friends and family also :laugh:

Its also incredibly condescending and arrogant to post/act as if you’re smarter or above the whole public because you have a different viewpoint than say the majority.