Oh Dear

We agree on most essential. My point being the non essential. The most expensive house holidays th flash cars that some of these young people have. We couldn't do that in our days. Until reaching a decent standard of living. Which may I remind everyone we fought for.
Thatcher then destroyed the housing market. To an extent the unions. And not only for today but when she came to power.
It has only exacerbated it with Brexit. And the tories policies of trying to destroy union rights and activities.

 

If I bought that house, in 1977. (forgot to add 10% of that was deposit) so a mortgage of £4300. for say £90 k b4 we retired 3 yrs ago it would be less than 24 months net income. Not as ludicrous as it sounds. I bought well within our means.
The average salary in Barnsley is £23+k as of today (not sure if that's gross or net)
A married couple as in my example both working.
If £20k each equals £80k over 24 months ££100 k over 30 months.

 

Well yeah, your wages pre-retirement are obviously going to be a lot higher than when you buy your first house.

The median net income per month is now just shy of 2k. What house can you buy for £48k?

 

One for £96k if both working over 24 months. my point being you said it was ludicrous. In my example I gave average wages in Barnsley net.

 

Sorry, yeah. Maths fail there. Bit still - you're pushed to find a house for £96k these days

 

Look on properties in barnsley. I used all salaries and house prices based on barnsley.
I think the average house price is around £153 k.
Depending on which site you look at. Some say lower some higher. I think some are quoting town, some borough.
You will get loads of terrace houses below and above £100k and I'm not on about the crime ridden areas.

 

Most of the 20/30s that I know don't seem to have any trouble finding 300 quid to shove up there noses on a weekend

 

I get that. All of that. But it's not people in the 70s who bring up mortgage costs. It's totally the opposite. Folk saying how lucky we were. And we are responsible for all the ills of the younger generations having had it easy. ( Tell my mrs she had it easy.) I was fortunate to have a dad that could afford to take us on holiday. Worked hard down the mines, when dozens of my mates were lucky if they got to get a day out on the wmc trip.

 

Where I live it's essentially 60s and 70s built semi detached houses and they are small. Some social, some private rent & some private owned. I'll be honest most social tenants aren't paying less than £600 pcm and the house that's always changing renters every 6 month is up to £1200 pcm. We're lucky we got on the social side but even with right to buy it's £240k for mine and honestly it's a **** house with an average sized garden and 5 houses looking in on my back garden because we're in the corner. The new builds up the street are shoeboxes and starting at £210k the social ones are now paying above £700.

A couple working 40 hours a week on national minimum wage will be subject to 20% income tax for a start so effectively £1333 per month per adult me and the Mrs get more than minimum wage but we know folk our age that have lost jobs and gone back to living off minimum work.

Bar rent and utilities a normal family like mine having Kids on top cost a fortune theses days, they need internet and laptops or phones just to do homework, school lunches cost £2.50 in primary and secondary kids need minimum of £3 for something substantial. Clothes cost a fortune for them. £30 School shoes fall to bits after weeks, compulsory blazers are £45 and compulsory skirts for the girls are £30 on top. People working generally travel 3 to 4 times further for work than previously so sometimes 2 cars are needed because public transport outside of large large towns and cities is a joke, I drive a 2nd hand Toyota from 2009 and the mrs has 206 from 2008. Fuel prices and multicar insurance has gone through the roof we all know this but if your forced to paying monthly it's mainly because the interests has gone up.

We've not been on holiday abroad since 2019 and we saved for 4 years to afford a week in Disney Paris for the kids, the most we could afford last year was a week before Xmas to Blackpool in an air b n b. We don't go out drinking, we barely drink at home just special occasions and neither of us smoke or do nose candy. Maybe our kids get a bit extra spent on them than we did but you buy em a Lego set and you could be paying £70 for a half decent one and we pay for them all to do a music lesson each week that's £20 for 25 minutes through the schools music service. We get by purely because we're lucky to have kept our employment through COVID and beyond but there are many that are counting pennies to put the electric on and still working 40 hour weeks.

 

With respect..And there are many in your position. I dont believe one of us are in denial lots have it hard. But to read some of the stuff on here. It's the oaps (from the 60s/70s in my case ) To blame.
I did point out some not everyone. I also pointed out like for like In Barnsley. I'm full aware Barnsley has one of, if not the lowest house prices in the country. Im also aware one of, if not the poorest areas of the country. I'm fully aware some in other parts of the country are stuck with sky high house prices. (My son and his partners mortgage is nothing I would like to have round my neck. Let's just say astronomical. And that's walthamstowe.)
This was started as if us oaps are responsible for the issues others face. National service in this instance. When look no further than a tory government who seek to look after their own and not society in general. Dare I ask where you reside and what is the political party that represents you. (Not your voting preference. That is your right to not disclose) If tory MP. Campaign to get the fekkers out.
Let's just say if a tory campaigner knocked on my door. ( highly unlikely in Barnsley) They'll get short shrift. Let's hope the fekkers get thrown out of power and never to return. I still think though any other party will take years to try bring back a more equal society.

 

I'm 73 and worked with lots of men who served in WWII and men who did National Service in the 50s. The NS men all regarded it as a complete waste of time. One told me there was so little to do they had them white washing coal and when they had finished they made them wash it off again. One story I was told by the late John Carr who I worked with in the 60s was that a local lad, who I also knew, was conscripted at the same time managed to shoot a Cow in a farmers field. The tails we were told about Egypt and Donkeys is best kept quiet. A cousin of mine did NS and served in Germany and he said he hated every minute of it. My Brother in Law is in his late 80s and was a Sergeant in the Royal Marines. He said he felt sorry for them as they were poorly paid. They only got about a 1/3rd of enlisted mens pay. Some of them never came back after serving in the far East. The film Virgin Soldiers gives a good account of what life was like for them. I'm very much against it.

 

I completely get that, I'm not for one blaming you or OAPs or over 55s for the difficulties folk in my generation (I'm the late 30s ilk) face, I applaud a lot in your generation that faced up to thatcher and fought so that we could have a better quality of life.

I'm from Hoyland common, son of a coal miner and a care worker. They ended up moving to Cornwall when RJB laid off a load including my dad, south crofty originally had work for him but that went too, I was finishing up school and I joined the navy at 17 and now live with my Mancunian wife in Cornwall (where we met), in former mining area that is Camborne, Redruth and pool (essentially 3 small towns in 1 area) and is probably the poorest part of a poor county that many think is wealthy because of its sheer numbers of 2nd home owners and lovely looking beach resorts like Bude and Newquay (horrible when the tourism goes) a lot of retirees are down here hence why private home care is an option for my wife to work in and they essentially help feed my kids (£16.50 per hour) and they are paying a stack more to her employers.

I'm very much a left - center left voting persuasion and I hate the Tories because I grew up in the wake of living in a mining family dad and great granddad's were miners, my other grandad was a diesel fitter doing a lot of industrial machine fitting for the miners and a labour supporter, that's my mother's father he was from the south east came to Yorkshire to support the miners with food and clothes during the strikes and my mother never went home. I'll vote tactically between Labour and lib dems because independents and greens have no support here, although Tories had landslides here last time so my vote was useless either way in 2019. I still travel home for 1-2 games a month if I can afford it and it's a Saturday that's my 1 treat and the rest is dodgy box because I've paid my season ticket any road.

We had Tories come round last week and my wife shut the door on them so I couldn't spout off.

 

Good post again. Just a gimmick to get kids off the street imo. Instead of giving em hope and summat to look forward to. And it's about time National living wage was from any age and not 23. So the young are not exploited. Under 23 the real living wage is a voluntary scheme.
Edit apologies looking at old info.

The rates which will apply from 1 April 2024 are as follows:

NMW Rate Increase
National Living Wage (21 and over) £ 11.44
18-20 Year Old Rate £ 8.60
16-17 Year Old Rate £ 6.40
Apprentice Rate £ 6.40 £

 

Thanks. May have known your Dad if he worked at Elsecar.
My son in law is from Plymouth (hates the tories as well. Schoolteacher) and it astounds me. All parts of cornwall and parts of Devon are tory strongholds. Only 1 labour MP. 1 liberal rest Tory. Yet have some of the most deprived areas in the country heavily reliant on tourism.

Astonishing
Cornwall council presumably tory.
Quote
We house a high number of people over 65, have very high housing, transport and fuel costs. Work is often seasonal and though the Cornish are an extremely proud nation more are unhappily turning to handouts.

You can lead a horse to water but you can't make it drink so to speak.

 

I really dislike this inter-generational blame game stuff that happens. If one wants to, one can say, quite correctly that house prices as a proportionate drain on take home pay are worse for young people and make it much harder for young folk to buy their own homes and indeed rent. Its clear enough to me and I'm in my 60's. Its really hard for young folks. However, looking at the big picture its also important to consider what factors caused this to happen over time. Why is it that governments since the 1970's have allowed this to happen, allowed society to drift into this and, indeed, pushed society towards this position? Its not individual older people like the ones posting on this board. Its governments like Thatcher's which have encouraged house price booms and profiteering by private sector landlords and builders, done little to promote supply and also ensured that financial inequality is much worse now than it was in the 1970's. Policies to promote redistribution of wealth have been effectively shelved because of Thatcher and apart from the minimum wage (which has had some success) not tackled by Labour. There are other factors as well. For example, tuition fees which contribute to young peoples' debt. Government policy. So, yes, I agree with Mansfield Red with the basic point that older people 'overall' tend to be better off than Gen Z/millenials (even though some pensioners are living in poverty) but its wrong to have a go at baby boomers because of the inequality. The target of any criticism for the current state of the housing market and other aspects of our unequal society should be governments (especially Thatcher) which have encouraged inequality or done little to reverse it.

 

If folk today went on strike for as long as you did then they simply wouldn't have anywhere to live a few months in.

Nowhere. It wouldn't be a case of being short,or cutting back - we'd be on the streets within weeks.

 

How are you saving up for that £10-20k deposit while paying rent well above that quarter of your income? And that's if you're lucky - not sure about Barnsley, but rent round me is rapidly approaching half average earnings, and only going one way. Any increase in people's wages just gets swallowed up by the landlord, and then some.

£585 per month might just about get you a mortgage on a half-decent flat here if you can raise that deposit, but if not it wouldn't get you anywhere close to the rent on the most basic cold-infested rat hole.

 

Leave it that pal, now go

How do work that out?, just shows how little you know doesn’t it. I like almost everyone else had their mortgages suspended until after the strike.

 

What mortgage?! I'd like to see you try and get free rent off my landlord, strike or no strike!

 

I might have worded it wrong mate when I said “suspended”, all mortgages/rents where frozen as far as I am aware, there was nothing for free and all had to paid back.