08-12-17, 12:10 AM
(07-12-17, 03:32 PM)YamFazFan link Wrote: [quote author=darrsi link=topic=17546.msg272120#msg272120 date=1512648199]
[quote author=YamFazFan link=topic=17546.msg272073#msg272073 date=1512590280]
Home owning pensioners who claim...'It was just as difficult for us to buy 50 years ago!'
Around this way average house prices are now over 14 times average salary.
Don't think that was the case in 1967 :rolleyes
I'm in London, you can multiply that quite a bit more.
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I'm Cambridge. I think we are 2nd or 3rd behind London in the bonkers prices league along with Oxford.
Contrary to popular belief not everyone in Cambridge is a university don or a company director.
This horrible old witch phoned into Nicky Campbell's Radio 5 show last week claiming the reason younger people can't get on the housing ladder is because they won't cut back and go without like they did all those years ago (when purely by coincidence prices were a fraction of what they are now, even allowing for inflation).
That generation had the best of the lot.
Secure jobs, affordable housing, final salary pensions, free university education, retirement at 65 (and in many cases earlier).
Contrast that with what the young generation now have to look forward too.
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I fear you have been mis-informed, and that the old witch has a point, to a degree. Secure jobs - I was made redundant 3 times in the 70s-80s-90s, I never had a pension scheme until 1990 let alone a final salary scheme, and lost a significant amount due to lack of government regulation. Affordable housing, it was called Council housing and properties were allocated to local people until the system was swamped by the failure to control immigration. I frequently walk the dog through one of those modern estates where the taxpayer part funds the cost of purchasing the property cos the owners cant afford it. The money saved by the occupants clearly goes on new audis and bmws, so they can drive the kids 200 yards to school, and the local nail bar and tattoo parlours weekly
We have never had anything that we didnt have to work for. Someone else on here calls todays lot the Snowflakes, and I think hes right