Generation spent

[original PM]

You still had free education, a windfall of national assets (oil, gold, gas, coal), and cheap houses. Oh and **** loads of boomers have final salary, redundancy early retirement pay outs etc.

Teachers house 70's



Teachers house 80's



Teachers house 90's



Teachers house 00's



Teachers house today

What I do not understand about you is you are about 4 years younger than me and I have a completely different mindset to you.

What happened between 73 and 77?

Purely for research purposes where were you raised?

[PurpleGorilla]

Generation spent

What I do not understand about you is you are about 4 years younger than me and I have a completely different mindset to you.

What happened between 73 and 77?

Purely for research purposes where were you raised?

In the jungle.

When did you buy your first place?

[original PM]

In the jungle.

the mighty jungle?

[PurpleGorilla]

the mighty jungle?

When did you buy your first place?

[SueEllen]

When did you buy your first place?

Why do you keep asking people that?

Posters on here live in different parts of the country and have different circumstances. Some even work far away from home just so they can have a nice home lifestyle.

[PurpleGorilla]

Generation spent

Why do you keep asking people that?

Posters on here live in different parts of the country and have different circumstances. Some even work far away from home just so they can have a nice home lifestyle.

Because if you bought 2000 or earlier, you have it made.



You can't see it because you are inside the bubble.

And why am i bothered?

The volatility and bubble behaviour wrecks lives, and makes lives.

I would like a cheap, benign market leaving plenty of wealth to be spent on the economy. (Maybe Germany is a good example).

[SueEllen]

Because if you bought 2000 or earlier, you have it made.

Including like people I know who are older including those born in 1973 who handled their keys back into the building society in the early 90s recession?

Also remember in the 1990s houses were cheap because many people didn't have jobs.

[PurpleGorilla]

Including like people I know who are older including those born in 1973 who handled their keys back into the building society in the early 90s recession?

Also remember in the 1990s houses were cheap because many people didn't have jobs.

And where are they now?

[original PM]

It was about 98 cos I had to raise 2k for the deposit

However made no profit on that it was the house me n the missus bought in 01 which jumped from 80 to 180 k in 6 years. However the house I bought in 07 had also jumped by 100k so..

Also was earning about 15 k per year when I bought my first house

What about you?

[PurpleGorilla]

Generation spent

2005 £150k gone up maybe £30k maybe.

In many ways I am fortunate to have bought, younger folk are completely screwed.

But it's very very modest.