Heart breaking story in the Daily Wail

[Jeff Maginty]

..

[Bagpuss]

I've no sympathy for fools who lived beyond their means and are now struggling. By playing their part in the whole credit/debt/house-price/banking bubble they have helped to make innocent people suffer, for example: pensioners who are seeing their income slashed by falling annuity rates, rampant inflation and pathetic returns on savings. How do reckless people sleep a night, knowing they contributed towards making the innocent suffer. Answer = they don't give a damn because they are too stupid to recognise the consequences of their actions.

Ok you are right cash isn't king..yet. You make a very good point above about pensioners and those on fixed incomes are paying for this. I can tell you how the feckless sleep, just watch question time, they blame the Bankers, and yes they were partially to blame, but you can't have a market without participants. It seems people will not take ANY responsibility for their own actions in modern Britain, and that takes us nicely back to the Woman in the Mail article.

[DimPrawn]

One finds one's life more relaxed, enjoyable und klar when one unplugs from this hideous, deceptive, all-controlling Matrix of filth.

Are you talking about YouPorn or CUK there?

[hyperD]

Are you talking about YouPorn or CUK there?

Neither, my dendrobranchiata friend, those that you mention are the fruits of enjoyment and life!

[Mich the Tester]

Number 2 son is an IT manager in the city and his missus is an accountant in the city specialising in company law with a well known firm. Very few earn what they do at 30 and they still had to borrow 25k off us for deposit to buy a maisonette.

Which would suggest that prices have some way to fall yet. If people in their income position (I'm assuming their combined income is around or even well above the 100k mark) can't buy a simple house then houses are overpriced.

[OwlHoot]

+ 2

I feel your comments are age-ist. If only that was a crime in society, as many people treat younger generations like garbage. Positive discrimination yet again huh! The facts are though, as I have observed, is the young arent "irresponsible" with cash and older people more sensible. ...

Hang on - Although I didn't state it explicitly, I'm not _blaming_ young people for their property predicament, just the opposite - I think they've been stitched up one way or another by older generations, mostly politicians and their "useful idiots" over the last 30 years or more.

[psychocandy]

£400K house and school fees to pay. hmmm. Not exactly feeling much sympathy for them.

Complete bell-ends if you ask me...

[wim121]

Hang on - Although I didn't state it explicitly, I'm not _blaming_ young people for their property predicament, just the opposite - I think they've been stitched up one way or another by older generations, mostly politicians and their "useful idiots" over the last 30 years or more.

Ahhh ok misunderstood because Ive found too many people assume maturity based on age as a factor.

House prices are out of control, but there are plenty of bargains if one has time to look hard. I feel the only real way people have to get on the property ladder is to buy, gut and redo a home.