Reply to: Boomers boomed

[NigelJK]

I'm glad I'm an engineer

One of very few that were home brewed I'd guess.

[PurpleGorilla]

The Bob effect. When I was a permie back then, ICT work permits, mass open immigration, offshoring was just a little dream in New Labour's think tank...

I'm glad I'm an engineer.

[DimPrawn]

Lucky you. I was still at school.

Graduate wage of £16k in 2000 wouldn't buy me the £80k 1 bed flat in Aldershot. And watched the prices spiral from there.



From what you can tell, sounds a bit rose watery for me. No doubt IT is not what it once was, but £50k for HD of does not sound right.

The Bob effect. When I was a permie back then, ICT work permits, mass open immigration, offshoring was just a little dream in New Labour's think tank...

PS If it's any consolation, back in 2005 I had the chance to buy two flats in SW London for peanuts, but turned down the offer because I felt house prices had peaked.

[PurpleGorilla]

Bought first house in mid nineties at the height of the "crash" when prices pretty much halved.

Lucky you. I was still at school.

Graduate wage of £16k in 2000 wouldn't buy me the £80k 1 bed flat in Aldershot. And watched the prices spiral from there.

Salaries from what I can tell have hardly moved in the permie world. If they were in line with house prices, min wage would be about £40/hour. Plenty of team lead senior developers jobs paying £50K today, so salaries are a joke now, why anyone would want them is a mystery to me....

From what you can tell, sounds a bit rose watery for me. No doubt IT is not what it once was, but £50k for HD of does not sound right.

[DimPrawn]

Selective memory DP.

And that's when you bought your first house?

And HD of Software is only £50k today?

Really [emoji33]

Bought first house in mid nineties at the height of the "crash" when prices pretty much halved. I had a tiny bedsit flat before that.

Salaries from what I can tell have hardly moved in the permie world. If they were in line with house prices, min wage would be about £40/hour. Plenty of team lead senior developers jobs paying £50K today, so salaries are a joke now, why anyone would want them is a mystery to me....

[PurpleGorilla]

What makes you think that only MF ever made over £100,000 per month ?

What are you talking about grandad?

[FatLazyContractor]

You were earning £50k mid nineties....

Of course you were [emoji23]

What makes you think that only MF ever made over £100,000 per month ?

[PurpleGorilla]

I was head of software development at a MS Gold Partner, so yes I was. You can believe it or not believe it, up to you.

Selective memory DP.

And that's when you bought your first house?

And HD of Software is only £50k today?

Really [emoji33]

[DimPrawn]

You were earning £50k mid nineties....

Of course you were [emoji23]

I was head of software development at a MS Gold Partner, so yes I was. You can believe it or not believe it, up to you.

[PurpleGorilla]

3 bed semi was £50K back in mid nineties and permie salary was just over £50K.

Now same house is about £250K and permie salaries are slightly lower than £50K, but we do have millions of immigrants that make our lives better in every way.

Our govt has served us well. LibLabCon we thank you.

You were earning £50k mid nineties....

Of course you were [emoji23]

[DimPrawn]

What tulip hole area was that?

3 bed semi was £50K back in mid nineties and permie salary was just over £50K.

Now same house is about £250K and permie salaries are slightly lower than £50K, but we do have millions of immigrants that make our lives better in every way.

Our govt has served us well. LibLabCon we thank you.

[PurpleGorilla]

Look my first house cost nearly a years salary and I paid the mortgage off in 5 years.

BUT there wasn't Facebook OR selfie sticks back then.

So it all evens out.

What tulip hole area was that?

USA, but quite interesting:

[DimPrawn]

Lovely, then they get old, fat, and depressed because house prices are 10x their wages and all the boomers who retired at 55 have property portfolios and complain how tough it was in their day.

Look my first house cost nearly a years salary and I paid the mortgage off in 5 years.

BUT there wasn't Facebook OR selfie sticks back then.

So it all evens out.

[FatLazyContractor]

Lovely, then they get old, fat, and depressed because house prices are 10x their wages and all the boomers who retired at 55 have property portfolios and complain how tough it was in there day.

[PurpleGorilla]

Boomers boomed

Young people are already rich

Lovely, then they get old, fat, and depressed because house prices are 10x their wages and all the boomers who retired at 55 have property portfolios and complain how tough it was in their day.