And boomers wonder why millennials are bitter towards them..

It’s a strange back and forth in this thread.

First, it is objectively more difficult to buy property for first time buyers than ever before.

Some people in difficulties claim they have it hardest. Then, others in response say say “hey, we worked hard!” - it all descends into some bumfight with one lot saying “pah you had it so easy what a joke” and the other saying “ no you just need to work as hard as I did.”

The previous paragraph is just noise. The only relevant point is that it is more difficult to buy property than before as a first time buyer.
 
Dude this thread has reached it's conclusion tbh.

Just lock it at this point. I'm done reading it.

"First, it is objectively more difficult to buy property for first time buyers than ever before."

Nah mate fake news, millenials are just entitled and lazy.

You should live out of a shed and work 3 jobs in one of the richest nations in the world. We need to reach slum levels of India before you can call for change it seems. Even then you'll be living in a ditch and people will probably still call you entitled.

The activists that fought for minimum wage and better working conditions. All entitled mate.
 
CREATIVE!11 said:
Dude this thread has reached it's conclusion tbh.

Just lock it at this point. I'm done reading it.

"First, it is objectively more difficult to buy property for first time buyers than ever before."

Nah mate fake news, millenials are just entitled and lazy.

You should live out of a shed and work 3 jobs in one of the richest nations in the world.
Click to expand...
Hey, back in 1947 I lived with my family inside a lump of coal and they all called us the sooty mine spiders. I actually had to turn into a spider to catch flies for food. Dark days.
 
Nitefly said:
Hey, back in 1947 I lived with my family inside a lump of coal and they all called us the sooty mine spiders. I actually had to turn into a spider to catch flies for food. Dark days.
Click to expand...

I believe you, and that's why we fought for positive change. So we didn't have to live inside a lump of coal anymore.
 
But how are we going to compete in this new race to the bottom, with places like India and China, unless we re-create the slums and the abject poverty of the Victorian workhouses? It's how we're going to be competitive in the brave new world.

You don't need a house anyway. You just need one of those BTL millionaires to convert one of their 5-bedroom semis into a workhouse for 150 people. And then you can make some really cheap t-shirts for the burgeoning Chinese middle classes :p You'll get fed once a day, be grateful you swine.

Only half joking, the trajectory we're on is quite concerning. Globalisation coming home to roost is part of it. It's nice to see entire swathes of London being sold off in the Asian markets. If only we could sell Westminster and all those charlatans sailing in her.
 
FoxEye said:
But how are we going to compete in this new race to the bottom, with places like India and China, unless we re-create the slums and the abject poverty of the Victorian workhouses? It's how we're going to be competitive in the brave new world.

You don't need a house anyway. You just need one of those BTL millionaires to convert one of their 5-bedroom semis into a workhouse for 150 people. And then you can make some really cheap t-shirts for the burgeoning Chinese middle classes :p You'll get fed once a day, be grateful you swine.

Only half joking, the trajectory we're on is quite concerning. Globalisation coming home to roost is part of it. It's nice to see entire swathes of London being sold off in the Asian markets. If only we could sell Westminster and all those charlatans sailing in her.
Click to expand...

UK has one of the highest population densities among the developed countries with major populations. We're at 725 people per square mile. Japan is 862, France is less than half, at 319. US is only 87.

We need to start looking at housing in the same way that Japan does, otherwise what happened to Japanese housing market in late 1980s and early 1990s is going to happen here.
 
Nitefly said:
Hey, back in 1947 I lived with my family inside a lump of coal and they all called us the sooty mine spiders. I actually had to turn into a spider to catch flies for food. Dark days.
Click to expand...

I hope you do realise that telling people you identify as a non-binary arachnid isn't the same as actually turning into a spider...
 
philstanbridge said:
Friend of mine bought a 1 bed flat in Canary Wharf when they were first built. Payed peanuts for it. Sold it for over a million a few years ago. What makes me think is I was in the same position as my friend at the same time, and had the same opportunity but I wasn't ready for life in the city so turned it down. How I regret that move now.
Click to expand...
HACO said:
UK has one of the highest population densities among the developed countries with major populations. We're at 725 people per square mile. Japan is 862, France is less than half, at 319. US is only 87.

We need to start looking at housing in the same way that Japan does, otherwise what happened to Japanese housing market in late 1980s and early 1990s is going to happen here.
Click to expand...

Scotland is the answer.

Send them to Aberdeen
 
HACO said:
UK has one of the highest population densities among the developed countries with major populations. We're at 725 people per square mile. Japan is 862, France is less than half, at 319. US is only 87.

We need to start looking at housing in the same way that Japan does, otherwise what happened to Japanese housing market in late 1980s and early 1990s is going to happen here.
Click to expand...

https://en.wikipedia.org/wiki/List_of_countries_and_dependencies_by_population_density

UK is 32 on the list, only just scraping into the top third.
 
[FnG]magnolia said:
Didn't you advocate genocide once? (that's a rhetorical question; you did).

Maybe that's a way forward?
Click to expand...
There's clearly far too many of us swarming over the face of the Earth. It's not even all that controversial. Just look at the destruction we bring and will continue to bring until we've utterly ruined everything.

I just don't bury my head in the sand and pretend everything is going to be rosy, or that we'll somehow find the collective will to fix the mess we're still busy making. We won't. Not this generation not any generation. The best thing that could happen is for 95% of humans to be wiped out. Genocide if you want to call it that.

But I'm sure even you can see this is slightly off topic.
 
Mr Badger said:
https://en.wikipedia.org/wiki/List_of_countries_and_dependencies_by_population_density

UK is 32 on the list, only just scraping into the top third.
Click to expand...

Most of the ones above us are very small and don’t have serious populations. Come down the page to the “Density of the most populous countries” section, we’re 14th among major countries. 8 of the ones above us are very underdeveloped. So we’re among the most dense developed countries in the world. Not sure how you can possibly disagree with that.

Whether 14 out of 100, or 32 out of 200, were among the most dense counties. Not top third, but top 15%.
 
FoxEye said:
There's clearly far too many of us swarming over the face of the Earth. It's not even all that controversial. Just look at the destruction we bring and will continue to bring until we've utterly ruined everything.

I just don't bury my head in the sand and pretend everything is going to be rosy, or that we'll somehow find the collective will to fix the mess we're still busy making. We won't. Not this generation not any generation. The best thing that could happen is for 95% of humans to be wiped out. Genocide if you want to call it that.

But I'm sure even you can see this is slightly off topic.
Click to expand...

95% is too much. Maybe 50% Thanos-style would be good. Only if Covid was more deadly :D
 
[FnG]magnolia said:
Didn't you advocate genocide once? (that's a rhetorical question; you did).

Maybe that's a way forward?
Click to expand...

let covid run rampant, boomers get killed off, loads of houses open up crashing the market, people can actually afford to buy again.

i mean most global disasters are usually the older generation sending the young off to die in some godforsaken ditch in a country they don't give a crap about, maybe it's about time the tables got turned.......

i've probably put more effort into running with that than i really should have, oh well i've committed to the sarcasm i guess.

on a serious note overpopulation is gonna be a problem at some point, maybe its already too late, maybe we can kick that can down the road for a few more centuries, only so much land, so much food, so much energy etc etc.


however back on topic, gotta love the landlords in this defending their investment when they already have a roof over their heads, guess what- that's what your tenants want too, difference is you want the power to take that away from them just because you feel like it.....
 
philstanbridge said:
Friend of mine bought a 1 bed flat in Canary Wharf when they were first built. Payed peanuts for it. Sold it for over a million a few years ago. What makes me think is I was in the same position as my friend at the same time, and had the same opportunity but I wasn't ready for life in the city so turned it down. How I regret that move now.
Click to expand...

I kind of wish I'd bought my flat in London when I moved out and had the chance to - not that kind of level but when it sold recently it was over twice what I could have bought it for 14 years ago. Interestingly a mortgage on it now would not cost any more than what I was paying in rent on it 14+ years ago while the rent it was demanding just before it sold was over twice what I was paying back then.

While looking up the details I found this place nearby LOL https://www.rightmove.co.uk/property-for-sale/property-71571399.html not bad.
 
God 2 bed lol... it’s crazy. I’ve also got a friend who has a family relation that bought property in Hong Kong. Apparently he’s very high up at HSBC. Anyway, it’s now one of the most expensive houses in the world and it just blows your mind. I was checking it out on google maps lol..
 
I just worked out the numbers for my mum's situation. She would be classed as a boomer (I would be Generation X)

She bought her house in Wales for what would be £30,000 today, adjusted. The house was an inhabitable shell, requiring full rewiring, heating, all plumbing, bathroom (it had only an outside toilet) and new floorboards throughout.
The cost of the renovation work (again adjusted) would have been approximately £8,000 as they cut a great number of corners, fitted second hand bathroom suite, boiler, even used copper pipes and used electrical cables etc etc etc.

Let's call it 40k in today's money all in.

The property also required a new roof, new windows and structural repairs to the rear of the house but they were flat broke by now and so just lived with it like that for 20 years.

20 years of damp ceilings, poor insulation, drafts, poor heating, single pane hand thrown glass in wooden sash windows.

She eventually raised enough to replace the roof, windows, heating, bathroom and have the structural work done - around £25,000.

The current value of the house is £101,000.

To be honest, that doesn't really sound like a big fat profiteering exercise to me.
 
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