Isn't that just reinforcing the same point @Dis86 made that wealth in this country is generally held by the older demographic, younger people are typically less well off as you've highlighted?
Ageism should we tolerate it?
- Thread starter LabR@t
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Isn't that just reinforcing the same point @Dis86 made that wealth in this country is generally held by the older demographic, younger people are typically less well off as you've highlighted?
Deleted User 298457
Deleted User 298457
Instead of quantifying this in "feelings" why don't you check the data that dis posted from the ONS?
It's literally from the same source I've used throughout. It's truly staggering how many people are in denial despite having the details there in front of them.
Just because they aren't wealthy or their parents aren't they're neglecting the fact that many are.
Soldato
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I agree that there are some pensioners really struggling and they need support. But the UK is buckling under the pressure of trying to pay for the current elderly's pensions and healthcare.
Something should have been done years ago but it's a bit too late now.
Something should have been done years ago but it's a bit too late now.
Young people are always getting things for free or cheaply. I remember using my NUS card for discounts all the time.
At least there is an excuse for older people, that most have contributed and paid in to society. If there is a case against older people then there is a bigger case against younger people.
Look at the amount of money the government wastes on people taking university loans out and then they aren't paid back. Why should other tax payers pay for your childs education? Borrow your own private loan.
At least there is an excuse for older people, that most have contributed and paid in to society. If there is a case against older people then there is a bigger case against younger people.
Look at the amount of money the government wastes on people taking university loans out and then they aren't paid back. Why should other tax payers pay for your childs education? Borrow your own private loan.
Absolutely. But the mean average of £79k property wealth for 25-29 year olds tells a much different story than the median of £12k
Most retired home owners have more unearned property wealth than they ever paid in a lifetime of tax.
I.e. they have, in fact, not contributed at all.
Old people have a lower poverty rate than children, adults with children, and adults without children.
Interestingly, they were the only group who improved more than a couple of percentage points under the last Labour government: it halved for pensioners.
Of course, the silly old ******* then vote 80:20 for the Tories and you now see their poverty rate going back up.
LMAO Uni fees didnt used to cost a thing to the generation you're claiming have paid into the system. Can we get them to pay that back please?
"Young people are always getting things for free or cheaply."
Just not education though eh. Fancy paying for my childs school dinners as they arent free either. Absolute nonsense.
Unless they were given a house how is it unearned?
If someone is rich then they end up having to pay a high inheritance tax when they die.
If you ever need to have some type of health care then if you have any money saved you have to pay for your care. When old Johnny who blew all his money and never bothered to save ends up getting the same level of service as you, for free. How is that fair?
Most were working instead of going to Uni.
Now we have mass unpaid loans. You want to have a go at older people yet you give that situation a pass.
Why should I pay for your childs school dinner? I hope that was your joke?
I agree, conflating wealth with income seems a rather narrow view of the situation.
Just look at something more relatable like disposable income:
UK average disposable income per household by age 2023| Statista
In 2023, the highest average amount of disposable income for any age group occurred in the 35 to 44-year-old group, while the age group with the lowest average disposable income were those aged 85 and over.
www.statista.com
Whichever way it's cut, a 65 year old will have approx same disposable income as an 18 year old and it only gets worse, by 85 you are far below that level..
To lump in 'wealth' i.e. property seems so badly thought out, just one facet.. You are living in it, so assuming you sell, you then rent a new place? My mothers house is worth £285k, it's equivalent rental is £1200pcm, she'd have burnt that up in rental in 20 years, what if she lives longer? What about capital gains on the £285k? etc, etc, etc.
Why are people in 'poverty' deciding to have kids and putting them in that position? I didn't have children until I worked hard enough to feel financially comfortable enough that I could bring them up into a good life.
Soldato
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Are these the same old people with amazing pensions who sit at home with their heating on all day and eat out every other meal? 
Don't have a problem with it though really, just being contentious.
Don't have a problem with it though really, just being contentious.
Because simply owning something isn't 'earning' anything.
How does it create financial insecurity? If they sold an additional property it turns speculative funds in to liquid funds. Far more useful.
If they sell their main property to downsize again, more security. Access to liquid cash for immediate needs. Lower council tax bill. Lower energy usage.
There's that saying again "worked hard enough" as though all life takes is working hard to be financially comfortable. Plenty of people work very hard and are still the working poor, so they shouldn't be able to have children?
What about if your circumstances change and you lose your job and unable to gain similar employment and fall on financial hard times?
And believe me, children don't need to be in a "financially comfortable" household to be brought up properly and have a good life.
I would imagine most people have bought their own home.
Those that made a good deal was under Thatchers right to buy. When people were buying their council houses at a reduced rate and then went on to sell them for a higher premium. A lot of that went on in my town. Most people did it. I think all of the semi-detached houses on my road used to be owned by the council. But today only one is owned by the council.
33% of children in the UK live in poverty. We could insist they don't ever get born, but it would reduce our already-too-low fertility rate down to about 50% of what we need to maintain population. It'd be about 1 child per couple.
Plus, given that housing and other essential costs are so high, you need to be earning more than average salary to not be in poverty when you have kids.
Soldato
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Yeah they do some good stuff, iceland's own brand cornetto's are pretty decent. I used to get some frozen pizzas as well, but I make my own now in my pizza oven.