You have even the IMF and ECB - the very bastions of the European ordoliberal economic paradigm, no less - telling governments that corporations should be *forced* to absorb rising wage costs in their margins as an urgent measure to tackle inflation.
And instead people want to raise VAT just to kick society's poorest in the groin one more time?
Christ on a facking bike.
comment by manusince52 (U9692)
posted 5 minutes ago
In response to Barry and others, in the 1960's houses were indeed more affordable, but just about everything else was more expensive. New cars were never bought by young. TV, washing machine, fridge, oven were all major investments, hence so much HP then.
Clothes, food, holidays, all dearer.
---------------------------------------------------------------------
Electronics are cheaper now as they're built that way, they have a much shorter lifespan. You could have had a washing machine for twenty years in the past. Try getting to five now. Same with fridges, TVs etc. Cars aren't essential, although more essential than they were then, having an affordable home is.
Clothes and food were not dearer at all. No idea about holidays.
There's an established body of evidence that tells us that VAT impacts poorer people more than richer people, because poorer people spend a larger % of their income; and because a larger % of their expenditure is on essentials that can't be cut back on during a financial squeeze.
comment by Red Russian (U4715)
posted 10 seconds ago
There's an established body of evidence that tells us that VAT impacts poorer people more than richer people, because poorer people spend a larger % of their income; and because a larger % of their expenditure is on essentials that can't be cut back on during a financial squeeze.
----------------------------------------------------------------------
You'd think it's common sense for most people.
comment by rosso says the time has come to unlock the unlimited Pote-ntial of the Fernançalvemiro triumvirate (U17054)
posted 4 minutes ago
comment by Busby (U19985)
posted 2 hours, 13 minutes ago
comment by Ji Sung Park's Cousin (U2958)
posted 4 seconds ago
comment by Busby (U19985)
posted 57 seconds ago
"how is the average 25 year old supposed to find a £50k deposit??"
Between two people, it isn't unreasonable. Most 25 year olds out of uni are asking for £30k plus, if living at home that is doable in a couple of years.
People want things without sacrifice these days.
----------------------------------------------------------------------
It's still unreasonable.
You still have to pay tax, NI, you should be helping your parents with bills, food etc.
The unreasonableness of it all is built by design. They want us all to rent all our lives.
Own nothing and be happy.
----------------------------------------------------------------------
Yeah, Lloyds have indicated they’d like to become a landlord for the nation already.
The latency of the BoE raising interest rates and the government refusing to act on inflation by raising any taxes (predominantly VAT) is going to hurt us for the next 5-10 years, instead of what could’ve been a lot less painful.
----------------------------------------------------------------------
The IMF and ECB have both stated that the largest single contributor (almost 50%) to European (including UK) inflation since the pandemic has been corporate profiteering.
If you want to tackle inflation, particularly given that corporate profits are the single leading contributor, you don't do it by indiscriminately punishing the poorest in society by raising one of the most regressive taxes on the statute books.
FFFS.
----------------------------------------------------------------------
And what do you think the rising BoE rate is doing? I'm suggesting realistic alternatives.
We all know corporates and wealthy individuals are an issue in society, but how do you fix that? There's a dangerous balance between allowing successful people to prosper and giving people a free ride.
I think cutting out all the tax loopholes would make a big difference, and would be a good start. As well as the government allowing cartels to control so many of out commodity prices.
Cars are essential if you live outside London
Back in the day, you could buy a nice big house, whilst supporting a family of five, all on one guy's average salary, all before you were 25.
Today on an average salary you can get a room in a flat and a £10 a month Netflix subscription.
But it's the Netflix subscription that's the issue.
comment by Pierre Reedy (U1734)
posted 2 minutes ago
Back in the day, you could buy a nice big house, whilst supporting a family of five, all on one guy's average salary, all before you were 25.
Today on an average salary you can get a room in a flat and a £10 a month Netflix subscription.
But it's the Netflix subscription that's the issue.
----------------------------------------------------------------------
I think the issue is that people run their whole lives on a subscription, car on finance, phone on finance, holiday on credit card, Christmas on a credit card, all the subscriptions etc.
That's the system they want and can control I guess.
comment by There'sOne7-0Reds (U1721)
posted 1 minute ago
comment by manusince52 (U9692)
posted 5 minutes ago
In response to Barry and others, in the 1960's houses were indeed more affordable, but just about everything else was more expensive. New cars were never bought by young. TV, washing machine, fridge, oven were all major investments, hence so much HP then.
Clothes, food, holidays, all dearer.
---------------------------------------------------------------------
Electronics are cheaper now as they're built that way, they have a much shorter lifespan. You could have had a washing machine for twenty years in the past. Try getting to five now. Same with fridges, TVs etc. Cars aren't essential, although more essential than they were then, having an affordable home is.
Clothes and food were not dearer at all. No idea about holidays.
----------------------------------------------------------------------
Disagree with some of that. Clothes were defo dearer - why you think people moaning about fast fashion these days?
And fashion is part of the problem people want new stuff. Back then houses were pretty functional affairs without sleek kitchens and bathrooms where everything is integrated and matching. If the lavvy broke you bought a new one and didn't strip and replace the whole bathroom like today!
Tech is interesting. On the one hand technological advancements cost money and encourage regular updating but on the other have led to huge life efficiencies and cost savings.
Cars are bonkers! Hugely expensive, now come with some neat features but also tons of features way too complex for the average Joe and not really needed or wanted but they are included in the price for the model that comes with the stuff you do want. Who really needs electric windows now you have air con? Who in fack wants the car to come to a stop and call 999 when they don't detect a pulse through the steering wheel?
Bought first house for 28k interest only 1991 @ 19 years old.
Took home 1100 a month, needed a 2k deposit and the monthly payment was 160.
Dress it up anyway you like, we had it easy.
I haven’t read mist of the comments, but will give me experiences.
I’ve bought four properties over my lifetime. The first I didn’t even live in and flipped within 6 months. Moved every 7 years or so (apparently that’s quite the norm in the UK on average). Now in my house for life (unless circumstances change drastically).
I wouldn’t entertain renting, as someone mentioned earlier, it costs more than renting.
I saved for a deposit.
My now 19 year old has just moved into his first house. Saved for the deposit himself, but I helped out with legal fees etc. It’s a doer uper, but he’s looking to flip in a couple if years.
So many variables, like which part of the country/world you live in, but if my 19 year old can do it, granted by making sacrifices, then it’s not beyond the realms of possibility for others to do the same. I caveat this with the fact that it was easier for him to save as he was living at home and not paying a hefty rent somewhere.
If you can, buy.
comment by Busby (U19985)
posted 15 minutes ago
Disagree. Most food items are tax free, childcare is tax free. A lot of things do have individual tax rates and duties which could be kept at 20%.
The point is, the things people "want" to spend money on is driving a lot of inflation, cars, entertainment, clothes, material items.
You are right though, one of the major reasons inflation cannot be halted is because it's commodities driving prices, however raising interest rates hasn't worked this far and it only affects under 20% of the population, whom it absolutely cripples.
As for taxing businesses and wealth, great, but good luck getting through parliament before inflation is through the roof, even better luck getting the people who will be hit hardest to agree to such a policy.
----------------------------------------------------------------------
No need to go full Truss mate.
Food is <10% of the CPI basket weighted index.
comment by Busby (U19985)
posted 2 minutes ago
comment by Pierre Reedy (U1734)
posted 2 minutes ago
Back in the day, you could buy a nice big house, whilst supporting a family of five, all on one guy's average salary, all before you were 25.
Today on an average salary you can get a room in a flat and a £10 a month Netflix subscription.
But it's the Netflix subscription that's the issue.
----------------------------------------------------------------------
I think the issue is that people run their whole lives on a subscription, car on finance, phone on finance, holiday on credit card, Christmas on a credit card, all the subscriptions etc.
That's the system they want and can control I guess.
----------------------------------------------------------------------
You will own nothing and be happy
comment by kramthered (U10304)
posted 3 minutes ago
Bought first house for 28k interest only 1991 @ 19 years old.
Took home 1100 a month, needed a 2k deposit and the monthly payment was 160.
Dress it up anyway you like, we had it easy.
----------------------------------------------------------------------
Damn!!!
comment by 🏴 (U9094)
posted 13 seconds ago
I haven’t read mist of the comments, but will give me experiences.
I’ve bought four properties over my lifetime. The first I didn’t even live in and flipped within 6 months. Moved every 7 years or so (apparently that’s quite the norm in the UK on average). Now in my house for life (unless circumstances change drastically).
I wouldn’t entertain renting, as someone mentioned earlier, it costs more than renting.
I saved for a deposit.
My now 19 year old has just moved into his first house. Saved for the deposit himself, but I helped out with legal fees etc. It’s a doer uper, but he’s looking to flip in a couple if years.
So many variables, like which part of the country/world you live in, but if my 19 year old can do it, granted by making sacrifices, then it’s not beyond the realms of possibility for others to do the same. I caveat this with the fact that it was easier for him to save as he was living at home and not paying a hefty rent somewhere.
If you can, buy.
----------------------------------------------------------------------
Good for him, mate - I expect you played a big part and encouraged it? Win / win - you and the missus get shot and he learns some important life skills plus makes his way in life, society.
Lots of people unfortunately won't have that encouragement, leg up or wherewithal to see that through and the lack of state accomodation for those people is very cruel. I get why Thatcher did it to encourage self-investment but it is a difficult balance which is not easily righted. However, also too many softies out there that don't 'accept' sacrifice of some things to achieve others, lack the willpower or long-term planning and ignore what people are telling them because they'd rather get MWI every weekend and in Malaga or similar 3 times a year, new phone every 2 year, new car every 3 on PCP etc. We'd be fckd if we ever had to fight a war.
If the lavvy broke you bought a new one and didn't strip and replace the whole bathroom like today!
————
My millennial neighbour had a broken toilet recently and he called a plumber to fix it, like most people do and would. What nonsense.
@Silver
Yeah, we encouraged him, but also told him ti be realistic with his expectations. Less nights out with the lads etc.
He’s moved into a 2bedroom end of terrace that was relatively cheap (if you call £90k cheap).
He’s in the trade, so him and me will do a lot of work ourselves that’s within our capabilities.
Hopefully his sacrifices now will benefit him in the long run.
It’s all about the choices you make to a certain extent, but I do appreciate and understand that not everyone will find themselves in the same (fortunate?) position.
Like I said earlier, if you can, buy.
Being able to live with your parents for an extended period is a massive factor these days and how the majority of younger folk afford to buy places. A large percentage though are not able to do that and have to live month to month maybe saving £100 a month.
That doesn't mean one young person is more hard working and sacrificing than the other, just more fortunate circumstances.
In fact, the one that can't afford to buy the house because they are 100% sustainable themselves probably deserves more respect.
comment by _Viva_Vida (U6044)
posted 5 minutes ago
If the lavvy broke you bought a new one and didn't strip and replace the whole bathroom like today!
————
My millennial neighbour had a broken toilet recently and he called a plumber to fix it, like most people do and would. What nonsense.
----------------------------------------------------------------------
This irks me. YouTube has been my friend in lots if cases, from building kitchen cabinets to plumbing and some other refurb projects. But I was brought up that way, so there is that. I try to instill the same values in my children. They’ll save a fortune over their lifetime.
comment by Pierre Reedy (U1734)
posted 4 seconds ago
Being able to live with your parents for an extended period is a massive factor these days and how the majority of younger folk afford to buy places. A large percentage though are not able to do that and have to live month to month maybe saving £100 a month.
That doesn't mean one young person is more hard working and sacrificing than the other, just more fortunate circumstances.
In fact, the one that can't afford to buy the house because they are 100% sustainable themselves probably deserves more respect.
----------------------------------------------------------------------
This I agree with to a large extent. As I mentioned earlier, maybe my so. Was in a fortunate position, relative to others.
comment by 🏴 (U9094)
posted 6 minutes ago
@Silver
Yeah, we encouraged him, but also told him ti be realistic with his expectations. Less nights out with the lads etc.
He’s moved into a 2bedroom end of terrace that was relatively cheap (if you call £90k cheap).
He’s in the trade, so him and me will do a lot of work ourselves that’s within our capabilities.
Hopefully his sacrifices now will benefit him in the long run.
It’s all about the choices you make to a certain extent, but I do appreciate and understand that not everyone will find themselves in the same (fortunate?) position.
Like I said earlier, if you can, buy.
----------------------------------------------------------------------
Aw, you set me off on another rant - too many people turning their nose up at 'trade' when it can deliver a very decent lifestyle, candidate smart or not.
Gov does not help either by facilitating (keeping off the unemployment statistics) conventional education but telling private emp[loyers to take on apprentices who will fck off on their own soon as they're competent. They'd never ask Barclays to give kids 4 years of FT education for, well, next to fck all so why trade?
Meanwhile you can't get decent tradespeople because the decent ones are choc full.
There probably is a generation now that finished uni around covid time, stayed with their parents, got a job which allows remote working, they continue to stay with their parents and work from home and save loads of money.
Flexible working is the way forward to meet people's personal circumstances and allow them to buy a property which they wouldn't be able to (geographically) if they had to be in an office every day.
comment by Pierre Reedy (U1734)
posted 6 minutes ago
Being able to live with your parents for an extended period is a massive factor these days and how the majority of younger folk afford to buy places. A large percentage though are not able to do that and have to live month to month maybe saving £100 a month.
That doesn't mean one young person is more hard working and sacrificing than the other, just more fortunate circumstances.
In fact, the one that can't afford to buy the house because they are 100% sustainable themselves probably deserves more respect.
----------------------------------------------------------------------
I'm late 20's and was fortunate enough to live with parents after uni but I still paid (admittedly small by comparison) rent every month of £250 to help with food, bills etc.
By comparison I had a friend who was in the same situation except he paid nothing because his parents didn't need it.
To absolute no surprise he now owns his own home whilst I'm renting mine and still trying to save, and I acknowledge I'm one of the luckier ones. Genuinely no idea how those without parental help even manage it today.
Sign in if you want to comment
Home Ownership
Page 4 of 6
6
posted on 4/7/23
You have even the IMF and ECB - the very bastions of the European ordoliberal economic paradigm, no less - telling governments that corporations should be *forced* to absorb rising wage costs in their margins as an urgent measure to tackle inflation.
And instead people want to raise VAT just to kick society's poorest in the groin one more time?
Christ on a facking bike.
posted on 4/7/23
comment by manusince52 (U9692)
posted 5 minutes ago
In response to Barry and others, in the 1960's houses were indeed more affordable, but just about everything else was more expensive. New cars were never bought by young. TV, washing machine, fridge, oven were all major investments, hence so much HP then.
Clothes, food, holidays, all dearer.
---------------------------------------------------------------------
Electronics are cheaper now as they're built that way, they have a much shorter lifespan. You could have had a washing machine for twenty years in the past. Try getting to five now. Same with fridges, TVs etc. Cars aren't essential, although more essential than they were then, having an affordable home is.
Clothes and food were not dearer at all. No idea about holidays.
posted on 4/7/23
There's an established body of evidence that tells us that VAT impacts poorer people more than richer people, because poorer people spend a larger % of their income; and because a larger % of their expenditure is on essentials that can't be cut back on during a financial squeeze.
posted on 4/7/23
comment by Red Russian (U4715)
posted 10 seconds ago
There's an established body of evidence that tells us that VAT impacts poorer people more than richer people, because poorer people spend a larger % of their income; and because a larger % of their expenditure is on essentials that can't be cut back on during a financial squeeze.
----------------------------------------------------------------------
You'd think it's common sense for most people.
posted on 4/7/23
comment by rosso says the time has come to unlock the unlimited Pote-ntial of the Fernançalvemiro triumvirate (U17054)
posted 4 minutes ago
comment by Busby (U19985)
posted 2 hours, 13 minutes ago
comment by Ji Sung Park's Cousin (U2958)
posted 4 seconds ago
comment by Busby (U19985)
posted 57 seconds ago
"how is the average 25 year old supposed to find a £50k deposit??"
Between two people, it isn't unreasonable. Most 25 year olds out of uni are asking for £30k plus, if living at home that is doable in a couple of years.
People want things without sacrifice these days.
----------------------------------------------------------------------
It's still unreasonable.
You still have to pay tax, NI, you should be helping your parents with bills, food etc.
The unreasonableness of it all is built by design. They want us all to rent all our lives.
Own nothing and be happy.
----------------------------------------------------------------------
Yeah, Lloyds have indicated they’d like to become a landlord for the nation already.
The latency of the BoE raising interest rates and the government refusing to act on inflation by raising any taxes (predominantly VAT) is going to hurt us for the next 5-10 years, instead of what could’ve been a lot less painful.
----------------------------------------------------------------------
The IMF and ECB have both stated that the largest single contributor (almost 50%) to European (including UK) inflation since the pandemic has been corporate profiteering.
If you want to tackle inflation, particularly given that corporate profits are the single leading contributor, you don't do it by indiscriminately punishing the poorest in society by raising one of the most regressive taxes on the statute books.
FFFS.
----------------------------------------------------------------------
And what do you think the rising BoE rate is doing? I'm suggesting realistic alternatives.
We all know corporates and wealthy individuals are an issue in society, but how do you fix that? There's a dangerous balance between allowing successful people to prosper and giving people a free ride.
I think cutting out all the tax loopholes would make a big difference, and would be a good start. As well as the government allowing cartels to control so many of out commodity prices.
posted on 4/7/23
Cars are essential if you live outside London
posted on 4/7/23
Back in the day, you could buy a nice big house, whilst supporting a family of five, all on one guy's average salary, all before you were 25.
Today on an average salary you can get a room in a flat and a £10 a month Netflix subscription.
But it's the Netflix subscription that's the issue.
posted on 4/7/23
comment by Pierre Reedy (U1734)
posted 2 minutes ago
Back in the day, you could buy a nice big house, whilst supporting a family of five, all on one guy's average salary, all before you were 25.
Today on an average salary you can get a room in a flat and a £10 a month Netflix subscription.
But it's the Netflix subscription that's the issue.
----------------------------------------------------------------------
I think the issue is that people run their whole lives on a subscription, car on finance, phone on finance, holiday on credit card, Christmas on a credit card, all the subscriptions etc.
That's the system they want and can control I guess.
posted on 4/7/23
comment by There'sOne7-0Reds (U1721)
posted 1 minute ago
comment by manusince52 (U9692)
posted 5 minutes ago
In response to Barry and others, in the 1960's houses were indeed more affordable, but just about everything else was more expensive. New cars were never bought by young. TV, washing machine, fridge, oven were all major investments, hence so much HP then.
Clothes, food, holidays, all dearer.
---------------------------------------------------------------------
Electronics are cheaper now as they're built that way, they have a much shorter lifespan. You could have had a washing machine for twenty years in the past. Try getting to five now. Same with fridges, TVs etc. Cars aren't essential, although more essential than they were then, having an affordable home is.
Clothes and food were not dearer at all. No idea about holidays.
----------------------------------------------------------------------
Disagree with some of that. Clothes were defo dearer - why you think people moaning about fast fashion these days?
And fashion is part of the problem people want new stuff. Back then houses were pretty functional affairs without sleek kitchens and bathrooms where everything is integrated and matching. If the lavvy broke you bought a new one and didn't strip and replace the whole bathroom like today!
Tech is interesting. On the one hand technological advancements cost money and encourage regular updating but on the other have led to huge life efficiencies and cost savings.
Cars are bonkers! Hugely expensive, now come with some neat features but also tons of features way too complex for the average Joe and not really needed or wanted but they are included in the price for the model that comes with the stuff you do want. Who really needs electric windows now you have air con? Who in fack wants the car to come to a stop and call 999 when they don't detect a pulse through the steering wheel?
posted on 4/7/23
Bought first house for 28k interest only 1991 @ 19 years old.
Took home 1100 a month, needed a 2k deposit and the monthly payment was 160.
Dress it up anyway you like, we had it easy.
posted on 4/7/23
I haven’t read mist of the comments, but will give me experiences.
I’ve bought four properties over my lifetime. The first I didn’t even live in and flipped within 6 months. Moved every 7 years or so (apparently that’s quite the norm in the UK on average). Now in my house for life (unless circumstances change drastically).
I wouldn’t entertain renting, as someone mentioned earlier, it costs more than renting.
I saved for a deposit.
My now 19 year old has just moved into his first house. Saved for the deposit himself, but I helped out with legal fees etc. It’s a doer uper, but he’s looking to flip in a couple if years.
So many variables, like which part of the country/world you live in, but if my 19 year old can do it, granted by making sacrifices, then it’s not beyond the realms of possibility for others to do the same. I caveat this with the fact that it was easier for him to save as he was living at home and not paying a hefty rent somewhere.
If you can, buy.
posted on 4/7/23
comment by Busby (U19985)
posted 15 minutes ago
Disagree. Most food items are tax free, childcare is tax free. A lot of things do have individual tax rates and duties which could be kept at 20%.
The point is, the things people "want" to spend money on is driving a lot of inflation, cars, entertainment, clothes, material items.
You are right though, one of the major reasons inflation cannot be halted is because it's commodities driving prices, however raising interest rates hasn't worked this far and it only affects under 20% of the population, whom it absolutely cripples.
As for taxing businesses and wealth, great, but good luck getting through parliament before inflation is through the roof, even better luck getting the people who will be hit hardest to agree to such a policy.
----------------------------------------------------------------------
No need to go full Truss mate.
Food is <10% of the CPI basket weighted index.
posted on 4/7/23
comment by Busby (U19985)
posted 2 minutes ago
comment by Pierre Reedy (U1734)
posted 2 minutes ago
Back in the day, you could buy a nice big house, whilst supporting a family of five, all on one guy's average salary, all before you were 25.
Today on an average salary you can get a room in a flat and a £10 a month Netflix subscription.
But it's the Netflix subscription that's the issue.
----------------------------------------------------------------------
I think the issue is that people run their whole lives on a subscription, car on finance, phone on finance, holiday on credit card, Christmas on a credit card, all the subscriptions etc.
That's the system they want and can control I guess.
----------------------------------------------------------------------
You will own nothing and be happy
posted on 4/7/23
comment by kramthered (U10304)
posted 3 minutes ago
Bought first house for 28k interest only 1991 @ 19 years old.
Took home 1100 a month, needed a 2k deposit and the monthly payment was 160.
Dress it up anyway you like, we had it easy.
----------------------------------------------------------------------
Damn!!!
posted on 4/7/23
comment by 🏴 (U9094)
posted 13 seconds ago
I haven’t read mist of the comments, but will give me experiences.
I’ve bought four properties over my lifetime. The first I didn’t even live in and flipped within 6 months. Moved every 7 years or so (apparently that’s quite the norm in the UK on average). Now in my house for life (unless circumstances change drastically).
I wouldn’t entertain renting, as someone mentioned earlier, it costs more than renting.
I saved for a deposit.
My now 19 year old has just moved into his first house. Saved for the deposit himself, but I helped out with legal fees etc. It’s a doer uper, but he’s looking to flip in a couple if years.
So many variables, like which part of the country/world you live in, but if my 19 year old can do it, granted by making sacrifices, then it’s not beyond the realms of possibility for others to do the same. I caveat this with the fact that it was easier for him to save as he was living at home and not paying a hefty rent somewhere.
If you can, buy.
----------------------------------------------------------------------
Good for him, mate - I expect you played a big part and encouraged it? Win / win - you and the missus get shot and he learns some important life skills plus makes his way in life, society.
Lots of people unfortunately won't have that encouragement, leg up or wherewithal to see that through and the lack of state accomodation for those people is very cruel. I get why Thatcher did it to encourage self-investment but it is a difficult balance which is not easily righted. However, also too many softies out there that don't 'accept' sacrifice of some things to achieve others, lack the willpower or long-term planning and ignore what people are telling them because they'd rather get MWI every weekend and in Malaga or similar 3 times a year, new phone every 2 year, new car every 3 on PCP etc. We'd be fckd if we ever had to fight a war.
posted on 4/7/23
If the lavvy broke you bought a new one and didn't strip and replace the whole bathroom like today!
————
My millennial neighbour had a broken toilet recently and he called a plumber to fix it, like most people do and would. What nonsense.
posted on 4/7/23
@Silver
Yeah, we encouraged him, but also told him ti be realistic with his expectations. Less nights out with the lads etc.
He’s moved into a 2bedroom end of terrace that was relatively cheap (if you call £90k cheap).
He’s in the trade, so him and me will do a lot of work ourselves that’s within our capabilities.
Hopefully his sacrifices now will benefit him in the long run.
It’s all about the choices you make to a certain extent, but I do appreciate and understand that not everyone will find themselves in the same (fortunate?) position.
Like I said earlier, if you can, buy.
posted on 4/7/23
Being able to live with your parents for an extended period is a massive factor these days and how the majority of younger folk afford to buy places. A large percentage though are not able to do that and have to live month to month maybe saving £100 a month.
That doesn't mean one young person is more hard working and sacrificing than the other, just more fortunate circumstances.
In fact, the one that can't afford to buy the house because they are 100% sustainable themselves probably deserves more respect.
posted on 4/7/23
comment by _Viva_Vida (U6044)
posted 5 minutes ago
If the lavvy broke you bought a new one and didn't strip and replace the whole bathroom like today!
————
My millennial neighbour had a broken toilet recently and he called a plumber to fix it, like most people do and would. What nonsense.
----------------------------------------------------------------------
This irks me. YouTube has been my friend in lots if cases, from building kitchen cabinets to plumbing and some other refurb projects. But I was brought up that way, so there is that. I try to instill the same values in my children. They’ll save a fortune over their lifetime.
posted on 4/7/23
comment by Pierre Reedy (U1734)
posted 4 seconds ago
Being able to live with your parents for an extended period is a massive factor these days and how the majority of younger folk afford to buy places. A large percentage though are not able to do that and have to live month to month maybe saving £100 a month.
That doesn't mean one young person is more hard working and sacrificing than the other, just more fortunate circumstances.
In fact, the one that can't afford to buy the house because they are 100% sustainable themselves probably deserves more respect.
----------------------------------------------------------------------
This I agree with to a large extent. As I mentioned earlier, maybe my so. Was in a fortunate position, relative to others.
posted on 4/7/23
*son
posted on 4/7/23
comment by 🏴 (U9094)
posted 6 minutes ago
@Silver
Yeah, we encouraged him, but also told him ti be realistic with his expectations. Less nights out with the lads etc.
He’s moved into a 2bedroom end of terrace that was relatively cheap (if you call £90k cheap).
He’s in the trade, so him and me will do a lot of work ourselves that’s within our capabilities.
Hopefully his sacrifices now will benefit him in the long run.
It’s all about the choices you make to a certain extent, but I do appreciate and understand that not everyone will find themselves in the same (fortunate?) position.
Like I said earlier, if you can, buy.
----------------------------------------------------------------------
Aw, you set me off on another rant - too many people turning their nose up at 'trade' when it can deliver a very decent lifestyle, candidate smart or not.
Gov does not help either by facilitating (keeping off the unemployment statistics) conventional education but telling private emp[loyers to take on apprentices who will fck off on their own soon as they're competent. They'd never ask Barclays to give kids 4 years of FT education for, well, next to fck all so why trade?
Meanwhile you can't get decent tradespeople because the decent ones are choc full.
posted on 4/7/23
There probably is a generation now that finished uni around covid time, stayed with their parents, got a job which allows remote working, they continue to stay with their parents and work from home and save loads of money.
Flexible working is the way forward to meet people's personal circumstances and allow them to buy a property which they wouldn't be able to (geographically) if they had to be in an office every day.
posted on 4/7/23
comment by Pierre Reedy (U1734)
posted 6 minutes ago
Being able to live with your parents for an extended period is a massive factor these days and how the majority of younger folk afford to buy places. A large percentage though are not able to do that and have to live month to month maybe saving £100 a month.
That doesn't mean one young person is more hard working and sacrificing than the other, just more fortunate circumstances.
In fact, the one that can't afford to buy the house because they are 100% sustainable themselves probably deserves more respect.
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I'm late 20's and was fortunate enough to live with parents after uni but I still paid (admittedly small by comparison) rent every month of £250 to help with food, bills etc.
By comparison I had a friend who was in the same situation except he paid nothing because his parents didn't need it.
To absolute no surprise he now owns his own home whilst I'm renting mine and still trying to save, and I acknowledge I'm one of the luckier ones. Genuinely no idea how those without parental help even manage it today.
posted on 4/7/23
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