Reply to: Snowflake tax

[Old Greg]

Suprosed this hasn't been done yet:

Tax on pensioners proposed to heal inter-generational divide - BBC News



So blaming older generations for 'having it better' yields results apparently.

Boo hoo. Cry me a river.

[WTFH]

There is a simple answer to the housing crisis, build more houses & have fewer people wanting them.

But the current policy is build houses and sell to the highest bidder, which is coffin dodgers wanting to rent them out to young people or foreign investors.
And while some may hate foreigners who come over here to work, if they are just buying property and pushing up house prices, then that's not a problem to some.

[NotAllThere]

...
If you have immigration requiring the building of a city the size of Newcastle every year and you don't build it then houses will go up in price.

Other factors in the affordable housing shortage are:
1. Lack of social housing - councils restricted in what they can build, coupled with a tendency to encourage high-value developments.
2. Family breakdown - if a couple divorce, they need two homes, whereas before one would do.

But of course that is racist!

Don't be silly. Of course it isn't.

[clearedforlanding]

Do you want me to go on?

Please do.

[vetran]

£25 a week and the annual fees for college were >£200.

so that's 8 weeks money.


£9k doesn't look too bad now?


First flat was £68K I was on £19K at the time. I lived on cheese on toast & cheap coffee.


There is a simple answer to the housing crisis, build more houses & have fewer people wanting them.

If you have immigration requiring the building of a city the size of Newcastle every year and you don't build it then houses will go up in price.

If you then import encourage the arrival of cheap labour the wages stay low.

Interestingly after the referendum the main concern for my employer at the time was who was going to work on the factory floor, because all the British staff had been replaced with Eastern Europeans between 2005 & 2016 for some reason.

At our recent all hands meeting my new employer's CEO said exactly the same thing, no other real issues.


But of course that is racist!

[BR14]

FTFY

Again, the Bkrap in general, -FFS get a life you bunch of morons!

[DimPrawn]

Tax on pensioners proposed to heal inter-generational divide, due to Brexit.

£10,000 handed to all young adults at the age of 25, despite Brexit.

FTFY

[NotAllThere]

...
Nowadays the snowflakes who were lied to by Blairs labour about how everyone should go to university feel that they must go to uni - and the parents feel they must push Tarquin to go to university because Women Studies with Media is really allowing him to get in touch with his feminine side and explore gender fluidity...

It may sound astounding to you, but people going to university this year were 7 years old when Bliar stopped being PM. Much as I hate Bliar, you can't blame him for kids going to uni today.
Also, it wasn't Bliar who increased the cap to £9k in 2010, nor was he involved in removing the ability for students to apply for grants in 2016.

Further, the massive increase in university students, started in 1989, under a Tory government. The maintenance grant was also abolished and student loans brought in under a Tory Government.

My first house was £24000. But that was oop north.

[DoctorStrangelove]

As an older generation, do I give a tulip? Well no, not really. I started on £15 a week with no housing and a pregnant girlfriend. After 40+ years of work and paying not inconsiderable amounts of tax, I feel I have earned my retirement, which is 90% funded by my money anyway.

As for the youngsters who can't cope, f*** 'em, says I. Get out and cope. Or blame your parents for teaching you that you deserve without contributing.

WTF is everyone warbling on about 1993 for?

40 years ago, according to my maths, is 1978.

Dear deity, I remember it well.

All too well.

Mounds of rubbish in the streets, dead bodies unburied in the morgues, half the country on strike.

"Crisis? What Crisis?" from our lords & masters.

http://news.bbc.co.uk/1/hi/uk_politics/921524.stm

I was lucky.

I was on about £1500/yr when I started fixing tellys for a living in 1974.

And the employer gave day release for the HNC.

And paid the fees (£140/yr).

Not to mention the rampant inflation.

[sasguru]

I reckon the yoof have something to complain about, especially if they live in the SE.
Basically, unless they inherit a large sum of money or become millionaires, which only a tiny fraction of the population will ever do, no amount of hard work is going to enable them to buy a property.
That's intrinsically unfair compared to previous generations.

[MyUserName]

The problem when you start saying I had £x left over in 1993 is that you aren't really comparing like with like as some things are much cheaper now e.g. clothes, small electrical goods while other things are much more expensive e.g. housing, childcare.

Also, life is just different now. Potential employers will expect you to have easy access to a mobile phone, internet, a car etc. If you do not then plenty of other candidates will - even if they cannot really afford it.

[SueEllen]

Jeez, you guys really need to learn some history... And perspective

Didn't do university, out of choice, did an HNC relevant to my job instead. £15 a week gross is £12.50 or so after tax, rent was £7 of that, so £4.50 (about £55 in today's money) to cover food for three, stuff for the kid that was necessary, power and transport to work. And no social support at all of any kind other than the social services lady checking on No 1 daughter.

The problem when you start saying I had £x left over in 1993 is that you aren't really comparing like with like as some things are much cheaper now e.g. clothes, small electrical goods while other things are much more expensive e.g. housing, childcare.

[malvolio]

15GBP a week as a young man one generation ago had a hell of a lot more purchasing power than it does now. Did you have student loans per chance or were you also not part of that generation?

Jeez, you guys really need to learn some history... And perspective

Didn't do university, out of choice, did an HNC relevant to my job instead. £15 a week gross is £12.50 or so after tax, rent was £7 of that, so £4.50 (about £55 in today's money) to cover food for three, stuff for the kid that was necessary, power and transport to work. And no social support at all of any kind other than the social services lady checking on No 1 daughter.

[NigelJK]

https://www.adamsmith.org/blog/could...ttle-bit-maybe note the date stamp.

[WTFH]

Don't be daft, we've got at least another 10 years of blaming Labour for everything, upto and including a global financial crisis.

I'm not sure some on here have forgiven Ramsay MacDonald for the letter from Grigory Zinoviev. Sure, it was a forgery, but it helped bring down the Labour government after the Daily Mail ran it. Ramsay should never have received the letter, even though it didn't exist and WWII is basically all his fault.
...oh, no, maybe we shouldn't talk about the DM and WWII...