[Tom4784]

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.

[Parmy]

Originally Posted by bitontheslide

The 70's and early 80's had massive inflation, mass unemployment, general strikes etc etc etc ... sure life was much easier then

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

I'm sure it has been.

[Tom4784]

Originally Posted by Cherie

You have help to buy now, part ownership, help to buy ISAs, and just announced this week mortgages with a 5% deposits, properties are still very affordable if you move out a little, obviously London is in its own bubble and probably Manchester, but commuter towns are generally affordable, there was nothing like that in the 90s just 16% interest rates

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.

[Tom4784]

Originally Posted by parmnion

There certainly wasnt family upon family having 2 holidays a year in the 80s...that's for sure.

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

[Parmy]

Originally Posted by Dezzy

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.

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

[Tom4784]

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

[Parmy]

Originally Posted by Dezzy

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

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

[Parmy]

Originally Posted by Dezzy

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

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.

[Good King Glennceslas]

Such a boomer response

[Cherry Christmas]

Originally Posted by parmnion

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.

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

[Marsh.]

Originally Posted by parmnion

Yes..of course dezzy..

The 80s didnt have the largest unemployment figures ever. We didnt have made up taxes like the poll tax forced upon us..milk wasnt taken out of schools..etc etc...yes, it was all very rosy when I was starting my working life!!!


NOT.

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

[Parmy]

Originally Posted by Marsh.

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.

[Parmy]

Originally Posted by Glenn.

Such a boomer response

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

Go troll somewhere else you parasite.

[Marsh.]

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.

[Cherry Christmas]

Originally Posted by Marsh.

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

[Marsh.]

Originally Posted by Cherie

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

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.

[Tom4784]

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

[Amy Jade]

Originally Posted by Dezzy

An ignorant viewpoint. It's just another way of saying 'pull yourself up by the bootstraps' by a generation that grew up in rosy economic conditions and only have what they have because of that and cannot understand how things are different now.

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

[Tom4784]

Originally Posted by parmnion

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.

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.

[Marsh.]

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.

[Kazanne]

Originally Posted by parmnion

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

Go troll somewhere else you parasite.

Don't rise to it Parmy

[bots]

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

[Cherry Christmas]

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.

[arista]

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

Fact.

[DouglasS]

Originally Posted by LeatherTrumpet

WHo are "the public?"


everyone but not you?

your contempt for anyone who isnt you is astounding

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

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.