Millennials are likely to enjoy the biggest "inheritance boom"

[Scam]

Of course not, young people always get angry at the old people, it's life. One day they walk in those old peoples shoes and realise what the word perspective means, but until then angst and anger is their right of passage. Ever was it thus, ever will it be.

Apart from the quite glaring fact that every newspaper/economist etc. has already proven that the millennials are the first generation ever to be poorer overall than our parents. Meaning a quite massive backwards step for society as a whole. But yeah, you know.. whinging snow-people and all that

Yep a friend of mine has a 2 bed apartment in Greenwich and it makes me feel claustrophobic. Maximizing dwellings and profits are the priority, not providing a decent living space for the lower and middle parts of the market.

Well if they own it then who cares, it'll be worth £1m soon enough!

 

[Sankari]

Millennials: 'We hate the Baby Boomers, what a bunch of greedy ********! They're the reason our lives are so hard!'
Also millennials: 'Thanks for the inheritance, Grandma! Now I'll never need to get a proper job,'

 

[PapaLazaru]

It would be nice if all these baby boomers weren't incessantly popping up on "A Place in the Sun" or "Homes Under the Hammer" - or playing amateur landlords to make a quick buck for their next 3 week jaunt in the Canaries -- and spend all the money -- instead of what they should be doing which is giving their kids a tidy £50k whilst it's actually useful to set them up on the property "ladder" and save them from an inevitable lifetime of paying some other ****s mortgage. Rather than wait until they've spunked all their extra money, their kids are in their fifties and you now need four times that amount for a deposit on a flat.

Me? Bitter? No..

Yep, carry on watching trash TV of a very small group set to form your opinions.

 

[Housey]

And conversely ever older generation has dispared at the younger generation. Your parents/grandparents will have been just as disparaging about your generation as you are about ours.

Yup, rights of passage and all that.

 

[Fusion]

Apart from the quite glaring fact that every newspaper/economist etc. has already proven that the millennials are the first generation ever to be poorer overall than our parents. Meaning a quite massive backwards step for society as a whole. But yeah, you know.. whinging snow-people and all that

A lot of people forget the leg ups they've had or fortuitous circumstances they've experienced, particularly if they happened a long time ago. I became a property owner earlier this year, but it doesn't change the fact that I still sympathise with people, particularly those rooted in the south and other expensive regions. There should be more house building, end of. I'm not overly concerned about my house value, because the primary purpose of it is for me to live in, funnily enough...

 

[Housey]

Apart from the quite glaring fact that every newspaper/economist etc. has already proven that the millennials are the first generation ever to be poorer overall than our parents. Meaning a quite massive backwards step for society as a whole. But yeah, you know.. whinging snow-people and all that

You aren't even aware of the irony of your post are you?

Also that green face to me is the internet equivalent of Kevin from Harry Enfield.

 

[Housey]

A lot of people forget the leg ups they've had or fortuitous circumstances they've experienced, particularly if they happened a long time ago. I became a property owner earlier this year, but it doesn't change the fact that I still sympathise with people, particularly those rooted in the south and other expensive regions. There should be more house building, end of. I'm not overly concerned about my house value, because the primary purpose of it is for me to live in, funnily enough...

It is written nowhere that life is easy. It is written nowhere that it should get easier and easier for each generation. It is written no where that all people of one generation should put the world on hold to ensure the next one has it easier. It is written nowhere that circumstances, governments, wars, decisions can also be decisioned on the basis of the next generations needs. When I see a young person moaning about all the things those that went before have done wrong, that have acted in a way to make it worse for them, I have no sympathy, none. I think well now over to you, make it better, your turn and do you know what, most people do. As I keep saying, ever was it thus. Stop telling everyone else how hard your life is because we laugh at it, fix it, you have the reins now. The irony of people telling me how bad the word is now compared to say the generation coming back from fighting in WW2 is frankly beyond laughable.

 

[Vonhelmet]

It would take into account the circumstances of the recipient, rather than the deceased, both for calculating whether tax is due and at what rate.

I get that, but I’m not sure how much practical impact that would have. I suppose it would have more of an impact on people who are already wealthy, say.

 

[LabR@t]

as has been said before, a large number of roles require you to have a degree to be even considered now.

We just interviewed for 2 new starters, degree required, most youngster's have then but the candidate that impressed most was slightly older no degree but already had management experience.

The young have been fooled into all getting degrees, they are so common now that they actually irrelevant a lot of the time.

 

[Martini1991]

We just interviewed for 2 new starters, degree required, most youngster's have then but the candidate that impressed most was slightly older no degree but already had management experience.

The young have been fooled into all getting degrees, they are so common now that they actually irrelevant a lot of the time.

I wonder why.

 

[Martini1991]

It is written nowhere that life is easy. It is written nowhere that it should get easier and easier for each generation. It is written no where that all people of one generation should put the world on hold to ensure the next one has it easier. It is written nowhere that circumstances, governments, wars, decisions can also be decisioned on the basis of the next generations needs. When I see a young person moaning about all the things those that went before have done wrong, that have acted in a way to make it worse for them, I have no sympathy, none. I think well now over to you, make it better, your turn and do you know what, most people do. As I keep saying, ever was it thus. Stop telling everyone else how hard your life is because we laugh at it, fix it, you have the reins now. The irony of people telling me how bad the word is now compared to say the generation coming back from fighting in WW2 is frankly beyond laughable.

The whole "We've got the reigns" isn't exactly accurate is it? Brexit directly contradicts this given the vote breakdown for demographics.

 

[Housey]

The whole "We've got the reigns" isn't exactly accurate is it? Brexit directly contradicts this given the vote breakdown for demographics.

A moment in time.

 

[LabR@t]

I wonder why.

This is a recent addition to job write up, the people currently in the role none have degrees, it's purely feeding into this nonsense.

 

[Ayahuasca]

We just interviewed for 2 new starters, degree required, most youngster's have then but the candidate that impressed most was slightly older no degree but already had management experience.

The young have been fooled into all getting degrees, they are so common now that they actually irrelevant a lot of the time.

Then your employer should stop advertising for it being a requirement (when it evidently isn't) as they could be missing out on all that experience? They're a part of the problem you're arguing against.

You're always going to get cases like the above where the odd candidate has experience in the sector without a degree that will trump early 20's with a degree but little to no employment history. Many other employers though will only offer an interview if you have the degree or level of degree being asked for.

 

[Martini1991]

A moment in time.

Except brexit won't be just a moment of time, the effects it has will probably be in effect for the most important parts of my life as far as finding stability goes (I'm speaking for my generation, I'm personally "okay", I've got a mediocre job, live with my girlfriend but we've got a mortgage and live comfortable etc).

With this all being said I struggle to see how we have the reigns.

 

[nitram100]

I'm not inheriting a penny.

 

[Irish_Tom]

The young have been fooled into all getting degrees, they are so common now that they actually irrelevant a lot of the time.

It depends on how you value education.

If it’s purely a means to a career then yes, the rise in the number of graduates has led to “qualification inflation” whereby certain jobs now require higher qualifications than they would have done in the past.

However, there are a lot of other benefits that come with a more educated populace.

Generally speaking, a better educated society is a better society as a whole.

 

[Nasher]

We just interviewed for 2 new starters, degree required, most youngster's have then but the candidate that impressed most was slightly older no degree but already had management experience.

The young have been fooled into all getting degrees, they are so common now that they actually irrelevant a lot of the time.

That is very common.

A lot of people are taking degrees, but they aren't actually useful degrees.

 

[englishpremier]

We just interviewed for 2 new starters, degree required, most youngster's have then but the candidate that impressed most was slightly older no degree but already had management experience.

The young have been fooled into all getting degrees, they are so common now that they actually irrelevant a lot of the time.

Sounds more like the guy is over qualified for the position if you were also interviewing a bunch of youngsters with degrees.

It happens. Last few positions I had before becoming self employed I considered myself way over qualified/experienced for, but that was all there was around. Bad times. I did the job, but ended up resenting it, resenting the company, and as time went on caring less and less about the role or even doing a good job. Contrast that to when I was younger (i'm early-mid thirties now) and I'd consider the types of jobs I was applying for to be on par with my skillset and allow for growth and development. As such I came at them with energy and enthusiasm.

Of course, that's just me. But in times of turmoil and economic upheaval you do get older people (who want security) competing for jobs with younger generations. It doesn't always turn out well.

That is very common. Plus a lot of people are taking degrees, but they aren't actually useful degrees.

The degree can be important in terms of a career path, and of course some role require it, but it is also useful in terms of learning how to learn, how to properly evaluate source, construct arguments, conduct yourself in certain environments etc..

Of course I say all that, but I studied Business Management, and Economics. It's been shown that students of which actually undergo negative moral development. they become more likely to cheat, free-ride, bend rules, break convention, and act more in self interest as they begin to resemble Homo Economicus.

 

[Nasher]

No such thing as over-qualified from the employer's perspective.