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Latest Peice Of "genius" From Some "think" Tank!

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ToraToraTora | 08:38 Tue 08th May 2018 | News
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So us older folk who have worked and saved all our lives must bale out the kids because the little darlings are finding it too difficult? Life is difficult life is unfair, get on with it.
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Already mugged of savings income due to unfairly low interest rates, they now want the generation who have had it better than previous ones, due to accumulating wealth in the country over time, to be able to grab even further finance from the older prudent generation to gift to themselves. The property ladder may be a little more difficult to get onto now, but...
09:06 Tue 08th May 2018
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You mean the 'We want it all, but someone else can pay' generation?
Price of chips. So no social life to speak of, no holidays for years on end and forever going into the red on the bank account is the price you pay for a bag of chips ?
It is a proven fact that the price of housing has increased so much in the last forty years of so that a) it is extremely difficult for a youngster to get on the housing ladder. and b) a lot of oldies are sitting pretty. (I am one of those oldies sitting pretty.)

Denying that doesn't make it not a fact.
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Took me about 2/3rds of that to save the deposit. Economies fluctuate. So house prices are higher now. We all had to cope with whatever we found. Remove housing demand and prices will fall.

///The OAPs of today got houses for the price of chips///
Prices reflected the wages paid at the time,
///so why not donate to help the new young get homes?///
Because todays young are not our problem, we raised ours, and they are now home owners.
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No doubt you'll be giving away half your hard earned possessions too then.
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No, but he'll accept yours!
Need doesn't come in to it. If someone sold their home for that then they still needed somewhere to live at today's prices. If it was a second home it's no different to any other investment. This is just younger generation belly aching about "poor me, no one has had it so bad as us, let's grab from others so we feel better".
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With no help from anyone (and living in squalid bedsits for most of the time) it took me well over 6 carless and holidayless years to get on the housing ladder.

Interestingly I've spoken to a few of my younger (home-owning) neighbours and that is exactly what they had to do - nothing has changed - except the volume of "it's not fair" coming from some members of an over pampered generation who want everything 'right now' and aren't prepared to do the heavy lifting themselves.

///God forbid your Granddaughter ever becomes homeless because she faces different financial times than yourself///

That won't happen, because she is one of the ones we are responsible for, you look after family.

And do try and refrain from being offensive,
although I do understand how you know about ignorance.
£10,000 is £150 a month for (less than) 6 years - so get saving - if you cut our holidays/cars/phones then you could probably do it in half the time ...
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The pattern of softening the stance comes earlier that I'd expected but there it is, as per.

And for the record our GD is well on the way to owning her own home in S/London, but then to be fair she is a worker.

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