[DemolitionRed]

Originally Posted by bitontheslide

its also worth pointing out that 95% or greater mortgages weren't available in the 80's, you had to cough up 25% minimum. There were no easy buy schemes either, interests rates were in the 20%+ range. So we can say times were better, but they weren't, they were just different. However, the same principles apply, as they have always done. For Mr & Mrs average to be able to buy a house, they need conviction to do it, they need to focus on that as their goal and go for it.

They were better in that they were a fantastic investment. There was no quicker way for the average person to make money than own property.

[Cherie]

Originally Posted by DemolitionRed

They were better in that they were a fantastic investment. There was no quicker way for the average person to make money than own property.

People bought homes to live in and to pass to their kids, if they wanted to make money they invested in buy to let, no one had a crystal ball back then any more than we do now

[DemolitionRed]

Originally Posted by Cherie

People bought homes to live in and to pass to their kids, if they wanted to make money they invested in buy to let, no one had a crystal ball back then any more than we do now

I'm not saying people bought houses back in the 80s to make money but make money they did and a lot of it.

[Cherie]

Originally Posted by DemolitionRed

I'm not saying people bought houses back in the 80s to make money but make money they did and a lot of it.

And they are resented for it! They were the crusaders good on them

[DemolitionRed]

Originally Posted by Cherie

And they are resented for it! They were the crusaders good on them

Where did I say they were resented for it. I don't resent my parents. I'm envious of the opportunities they were given regarding property. I'd love to be able to do what they did and make the sort of money they made but I don't resent them.

[Cherie]

Originally Posted by DemolitionRed

Where did I say they were resented for it. I don't resent my parents. I'm envious of the opportunities they were given regarding property. I'd love to be able to do what they did and make the sort of money they made but I don't resent them.

I didn't say you per se, but plenty people resent them for it, same as they are resented for having free uni and all the other stuff that was around back then, its pretty pointless being envious because it was just a fluke that they bought at that time, there were plenty people who didn't buy as well, same as now.

[user104658]

Originally Posted by Cherie

I didn't say you per se, but plenty people resent them for it, same as they are resented for having free uni and all the other stuff that was around back then, its pretty pointless being envious because it was just a fluke that they bought at that time, there were plenty people who didn't buy as well, same as now.

I don't think there's resentment for them having things like free uni fees... It's more that a lot of people who did, are now totally against the idea of young people now having the same thing, now that they are working and it would be from their own taxes. They were happy to have it, but also happy to see it go as soon as they personally no longer needed it, which seems hypocritical and selfish. I think that's where the resentment comes from.