Did they have it easier than us now?

Soldato
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I dont have any figures or evidence for this, but if we focus on the so called "baby boomers" in terms of the relative cost of living - owning houses and a car, education, etc and salaries, was it harder for them than for us now? Or do we have it easier?

It's a pretty big subject I know, so this could bomb, but I would be interested in comments.
 
was it harder for them than for us now? Or do we have it easier?

interesting way to put it :(, i might be some time with this decision mommy, given the fact i only have one option.

wahey try this,

was it harder for them than for us now? No
Or do we have it easier? Yes

back at you weird question person :p
 
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My dad just about falls into the category, it was probably easier to get to a minimum standard of living but it was costlier for the middle class. My dad shared a room with 5, parents didn't have a car and only took education up to 16. Though it was probably a bit easier to live on minimum wage then than it is today.
 
Haha, what I'm trying to say is. If for example, in the 80s that you bought a house with a relative salary to today, would you have got more for your money in the 80's than you would now and would the stretch to pay the mortgage each month in the 80s be relatively the same than as it is now? E.g, is what we earn these days, just bigger numbers but equivalently the same? If that makes any sense.....

And then you get into things like public transport - travelling by train, taxi, car park costs, a weekly food shop, eating out, vs today's costs for those things.
 
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I just wish I knew what possessed them to suddenly procreate at such a rapid and unhinged rate.

The same thing happened in China during the reign of Mao Zedong - what a monumental **** up that was too.
 
My father readily admits that his generation had it way better than us now.

This is because it is true.

:)

pure lies, sneaking back from newsagents with paper rolled up, 'hi honey, just popping off to the shed'

we on the other hand have tinternet, fap away in the shed grandad, i got chat roulette !!
 
I asked this question ages ago about older people above 50/60 responding to the question. Never got answered people just trolled my thread.

:/

It's hard to judge because media is making a mess with things. A small helping hand at anyone under the age of 20, keep away from media !

PS. I don't watch the TV, don't watch the news, don't listen to the radio.

I sit and do things what I want to do without media making a mock of the world!
 
And once you'd factored mortgage, public transport - travelling by train, taxi, car park costs, a weekly food shop, eating out, electricity, gas vs today's costs for those things, I imagine it would have been easier for couples, where one person was earning a reasonable salary, for the other to have a child and to not work and to have a better lifestyle than today?
 
Of course we have it easier, far more opportunities, availability of funds and the tech difference is stunning.

Getting a mortgage back then involved a grilling from your bank manager and there was no choice, second wages didn't count and you paid over 10% interest - they also moved into the house with nothing, no multiple consoles tis and tech because every penny they had from the day they started working went on saving for a deposit for house and then paying for it.

We are far better about whining how hard it is tho!
 
Getting on the housing ladder may have gotten harder but everything else is certainly far easier today.

I don't think it is even any harder to get on the housing ladder. that mere turn of phrase just wouldn't exist in the past. I don't know why in the UK people seem to think it is their right and number 1 priority to buy a house as soon as possible an get swamped in a massive mortgage which they will likely default on if the interest rates go up a couple %.


It is inane, no other country in the world has people so determined to get themselves into such massive debt buying a house. In Switzerland my friends friend earning 6 figures GBP would never dream of buying a house, at least not for some time.
 
My dad just about falls into the category, it was probably easier to get to a minimum standard of living but it was costlier for the middle class. My dad shared a room with 5, parents didn't have a car and only took education up to 16. Though it was probably a bit easier to live on minimum wage then than it is today.

There was no minimum wage......the basic standard of living was far far lower, the cost of living was far far higher......there was little in the way of state benefits and relative poverty was more akin to real poverty especially when Full Employment began to disappear in the 1970s and mass unemployment began to raise it's ugly head. Basic rate taxation was as high as 43% and rents began to increase as rent controls were abandoned and the Selective Employment Tax hit the building industry. There was little in the way of social mobility, your station in birth was usually your station in death, with little access to higher education and little opportunity to progress outside of your predetermined social class. Home ownership was a lot rarer, especially amongst the working classes and the working classes made up a significant portion of the demographic, unlike today where the Middle Classes have expanded as the Working Classes have shrunk, partially due to the changes in employment and industry, partially due to increased opportunity and easier access to education and support.

Many of the social problems we have to day, existed during the 1950s-70s as well, becoming worse from the 1970s until the booms of the late 1980s......Cities began to have urban decay, Governments were forced into creating benefits such as the Family Income Supplement just so families could feed their children.

All in all the social problems were generally the same, but the level of support and recognition of those problems was lower and the State willingness to deal with them effectively relatively non existent.

Because of the relatively lower standard of living generally it is difficult to judge the relative disparity between comparable social groups today and during the 1960s and 70s, but as a straight comparison, the higher basic standard of living today would mean that it was a lot harder then when compared to today.
 
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Of course we have it easier, far more opportunities, availability of funds and the tech difference is stunning.

Getting a mortgage back then involved a grilling from your bank manager and there was no choice, second wages didn't count and you paid over 10% interest - they also moved into the house with nothing, no multiple consoles tis and tech because every penny they had from the day they started working went on saving for a deposit for house and then paying for it.

We are far better about whining how hard it is tho!

You would also need at least a 30% deposit, and since the interest rates were so high many would try to forgo a mortgage and buy outright, or a least try and pay 50-70% down payment. Houses were more than likely handed down from grandparents etc., or you would live at home with your parent until you wee 30 or so in order to save sufficiently for a mortgage at a reasonable rate.
 
Their retirement will be paid for by us and our children. We won't get the same luxury.

That is not necessarily true.....much depends on whether effective changes can be made to the Welfare State and ensuring that people make their own provision.......many BBers have Private or Employer Pensions, they have paid into these themselves and it has been actions by the Government that have devalued pensions......it is arguable that the BBers themselves were complicit in this, but to do that we should also acknowledge that they were complicit in increasing the standard of living in the UK and the expansion of education, social mobility and so on....BBers are entering into retirement now and are not all exactly in a position of comfortable wealth themselves.

It is easy to blame the generation before for the problems of the generation after, but when you look at it objectively they simply had different problems and sought to make life better for their children.....consequences that created unintended issues today and tomorrow.

It is effectively the Generation X and Yers that are paying the immediate price for economic mismanagement, boom and bust, and successive Government failures to tackle social issues.....but that doesn't mean that the problems today are the problems of tomorrow and each generation has the ability to deal with the failings of the one before....as it will be for their Children and their Children after them....as each generation solves the issues and unintended consequences of the one before.

We all have a responsibility to some degree, just some of us would rather lay blame rather than find solutions.
 
I don't think it is even any harder to get on the housing ladder. that mere turn of phrase just wouldn't exist in the past. I don't know why in the UK people seem to think it is their right and number 1 priority to buy a house as soon as possible an get swamped in a massive mortgage which they will likely default on if the interest rates go up a couple %.
You've totally missed the point. Are many baby boomers in massive debt on their houses? I doubt it. You're thinking of people in their mid 30s that bought houses in the peak. My parents (50+) split up over 10 years ago but are both mortgage-free or near enough. Houses were 3-4x your salary back then; it wasn't a ridiculous amount of debt to get into, it was a sensible amount. If you ask a baby-boomer how long they saved for their deposit it wasn't ~15yrs, it was a couple. What's insane now is that your average FTB on an average salary cannot buy an averagely priced home in their area. And when I say averagely-priced home, I of course mean a tiny box-esque 1-2 bed flat.

And the problem isn't just being able to buy a home. It's the ludicous rent that we pay too. How are you supposed to save for a 25% deposit when you pay 60% of your salary on your rent? :confused:

And has no-one thought what happens when we retire? Baby-boomers have awesome pensions, who here under 28yrs old has anything remotely resembling that? How are we supposed to pay thousands of pounds in rent every month when we're retired? It's not like our £40pw state pension will help will it? As it stands we're literally going to starve! :confused: I'd loev to know what percentage of our MPs are landlords..

To the OP, you should read 'The Pinch: How the Baby Boomers Took Their Children's Future' by David Willett's and 'Jilted Generation: How Britain Has Bankrupted Its Youth' by Ed Howker.

But they don't just talk about the housing market too, they talk about jobs (how jobs are hardly safe anymore) and the like. They touch on the social problems that this is causing. With people unable to find a steady job, and a home that is theirs; people are marrying later, having kids later (or not at all). Those parents that have had kids are both forced to work which leads to more issues. All this will cause even more problems in the future. They really are good reads.

Says it all (from Jilted Generation):
jilted_gen.jpg


As you can probably tell I do feel quite strongly about it, especially when it comes to the housing market. I'm not saying they didn't have tough times, but when it comes to a lot of things such as housing, jobs etc. we are pretty screwed.
 
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I dont have any figures or evidence for this, but if we focus on the so called "baby boomers" in terms of the relative cost of living - owning houses and a car, education, etc and salaries, was it harder for them than for us now? Or do we have it easier?

It's a pretty big subject I know, so this could bomb, but I would be interested in comments.

I guess being born in 1953, I am classed as a baby boomer. I have noticed a load of siht being uttered when talking about this group, how we had it so easy blah, blah, blah.

Was it harder ..... yes, most definitely.

The country was still recovering from the war, food rationing was partly still in force when I was born. Emergency housing was thrown up so the quality was very poor. I remember as a child, in one of the new houses, during the winter, icicles formed on the inside of the windows. My parents were glad to get this house as the rooms they were forced to rent beforehand had no running water. Heating was coal and when it was really windy the smoke was pushed back down into the room.

Cost of food ....... You have to remember this was before factory farming which led to lower costs of food, so food was expensive compared to wages. Wages were poor .... post war...this continues until the late 60's really. Unless you lived in a large town you usually had one source of food supply and you had to pay whatever price they charged. Food variety was very poor. Early on, you could not get the stuff taken for granted today and later
when it did arrive you could not afford it. Fish and chips was a pricey item. It gives you some idea. Diseases from poor nutrition existed.

Owning homes was a lifetime ambition, literally, it took you all your working life. The way mortgages were calculated was the old method, done once a year, they worked out your yearly interest on the loan then took off all your payments from that interest. I think it was the 80's before they started to change it to monthly calculation and when computers became more widespread they use today's method. Most people could not afford to even consider owning a home. Furniture, before a lot of manmade fabrics (80's) was expensive. Ditto clothes. Wearing hand downs was common. No washing machines or fridges.

Owning a car? When I grew up the only people I knew who had a car were salesmen. Well newish cars anyway. Others were falling apart and held together by various means. Transport was almost universally by bus ... cold rattley, smelly and noisy. Holidays before mass cheap air transport was, in my case by bus ... day outings to the countryside or by bus to the local coast.

Education ...... A lot of rote learning. Exams were graded .. only a certain percentage got 'A', 'B' or 'C' grades so if you had an exam that year you could do well but end up with a 'C'. Universities were elitist and with the grade limitations getting on a course was hard if you did not come from the feeder grammer schools. If you were not from at least the middle class the system worked against you. I managed to get an offer in 1971, the first from my whole family to do so but the expectation was to go into a factory or learn a trade. I went to University, got a full grant due to a very supportive person at the University writing to the official Board. You could not live off a full grant anyway due to the high cost of books but it helped a great deal. I got my degree and started a better life. Promotion was usually dead men's shoes. Lots of areas were closed shops(I don't mean industrial but professional careers)

Entertainment was the pub, the cinema or the local dance hall. We actually had a television when I was young. It was still a rarity, the picture was ghostly and signals in our area were poor.

The people from my generation built this country up from the post war scarcity and helped the country to get back on it's feet so when we are now approaching or retired you can maybe, if you are honest, see why we say we deserve a decent pension.

Today's generation do have it easier. Daily living is not such a grind to exist. The cheaper cost and variety of food today means you are healthier or should be. A lot of older people being fat is often due to over_indulging in things they has no chance to get when younger. Chances to go to University and give yourself a chance in life are easy. Lots of things to entertain you. Cheap Japanese or now far Eastern electrics have transformed your life. As for being in some kind of power .. for most some leisure after the dailly grind was all you wanted.

Hope this helps:)
 
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