Well obviously we all went through our working lives swimming in money. None of us under the Thatcher assault struggled to pay bills. None of us suffered lost relationships through hardship. Life was just dandy. There's millions of pensioners reliant on handouts in the form of pension credit, they have hit been just as hard as anyone.
My wife often points out that I brought a plastic carrier bag and three pairs of nylon underpants to our marriage. We knew what it was like to have little or nothing and were determined never to go back there.
Seen the comments from some about us baby boomers having it so good. Well I’m not so sure. From my experience I had a decent wage got married in 77 then decided to buy a flat and get on that property ladder. We did at the expense of 7k and a 7.25% interest rate. Within 6 months that rate increased to 15%. We almost were at the point of selling up but did manage to pull through. But it was not easy. Just can’t see how anyone can say baby boomers have had it easy. Anyway fk the tories. I will not forget.
I'm not saying there weren't hard times, but the inflation of house prices has utterly ****** young people. Even when interest rates went through the roof the average mortgage payment as a proportion of income wasn't materially higher than it is now. And that was temporary.
I voted remain 'cos the only investment round here was EU money; nowt's changed since, though BMBC have tried their best with meager support.
Seriously mate there are tens of thousands of pensioners, if not millions, living in social housing. Your claim of no one over the age of 55 not being able to comprehend hardship is f*ck*ng disgusting.
I don't dislike all old people. Just the ones who are too myopic or ignorant to realise it's not harder for young folk these days.
Apologies - probably didn't come across in what I posted but the point I was trying to make is that the hardship that young people currently face at the age of 20 - 30 is incomprehensible to older people.
Thanks pal, but even though I am not as educated as you are, I can recognise when you are talking sheeit. I was one of many on here who spent an entire year on strike with fellow miners so I reckon I have a good idea of what it is like to be short of(or in some cases no)money for a while. You claiming that over 55s are all well off?….I am ok mate but but know loads in a different boat……you no nothing of what it was like in the era you say we come from, glad you got a good living btw but a retain my opinion to say you talk sheer sheeit and you know F A
Incomprehensible my arse. Not everyone lives in poverty and some oaps do. You seem to think it wasn't expensive in our day. Thing is we cut our cloth to suit. I didnt have a car till 30. Never bought anything I couldn't afford. (My wife for example was brought up in in a 2 bedroom no inside toilet. Tin bath. TV hooked up to the light socket. (No sockets as we know today ) Never got into debt through it. We spent 12 months on strike most including us. with nothing to our names , seeking security for ours and others futures. We ( lots of us in industries ) weren't the got to have it now era. We fought to get what we thought we deserved. Not stand by. Let others do it for us. We both ended up in professional jobs and it gave us the lifestyle we have. What planet did you live on.
Nope, not saying that anyone never faced hardship but the fundamental position is that the cost of housing meant that you had it easier overall than young people have it these days and that your generation was afforded the opportunity to benefit from an increase in housing prices which massively outstripped wage increases in the same period.
There's only one reason housing is as expensive as it is, Tory doctrine. Sell off the social housing stock then make it difficult for authorities to replace it while at the same time make giving Tory donor house builders license to extort those trying to get on the property ladder. Limit supply = vast profits for said builders.