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A few years is different to what people face now which is 30!

That is very very true. Stag do costs out of hand too!

The people from work in the 20s who I know don’t live at all like I did in my 20s. We were always pissed and most of me and my mates had mortgages. It is so much harder for the youngsters now it is almost surreal it has got like this. I just don’t see how it is sustainable.

Another wow post. The immigrants are required to fill the gaps we have NOW. the economic migrants who come to work in care, hospitals, and often low paid roles. This is an issue for the present day. The issue with birth rates falling is the impact this will have in 20-30 years. We will need...

And what was that as a multiple of your salary. Even when I got my first mortgage in 2004 it was only 3 times combined. Now it is 6 or 7 times. It is crazy. And what was the deposit required as a proportion of your salary ie how possible to save. People say 50 quid a week on lunch. That is...

I agree with this. Why do we feel they should sit on assets and not pay for care while young families can’t afford to buy a home and have kids. It is so backward.

I took this chat to be about closing loopholes that allow those boomers with wealth to sit on it when gained through certain routes. Obviously until now the tax system is designed to please older people because these are the people who always vote but with young people getting more engaged in...

And the expense of marriage is also putting people off. More kids born out of wedlock. Another issue linked to house prices. https://ifstudies.org/blog/marriage-is-disappearing-from-britain

You don’t need to be a mathematician to understand the impact of falling birth rate like this. These are the future workers. People can’t afford kids. And those who have them are less educated which is also something my boomer dad says is a problem “wrong people having kids”...

But that is where we disagree. The level of risk was 2.5 times one Salary. Now you need 6 times joint salary. They afforded the massive interest rates easily so kept payments high when rented came down. With such a high proportion. Of income going on paying mortgages and rent (used to pay off...

Which generation invented the crap plastic to give their kids and package holidays?

It was in a small village in south Devon that is now full of air bnb and second homes that people sit on. Local primary school had 125 kids when I went In 80s now has about 70 kids as families can’t afford to live in the area.

Wow. This is very ignorant. We have an ageing population. That is why. And the pensions have to be paid. Primary school rolls are falling. So we will need further migration to fund the pensions of those clinging on. High divorce rates increase demand on housing but then younger people are not...

Wow. This is not about me. I have a house. Almost paid off mortgage. I grew up without mobile phone and internet as well. I was a kid of the 80s. My old man was armed forces and we had experience of the impact of IRA on daily life. He couldn’t travel in uniform and we had big checks...

It is not double tax though. My folks have made hundreds of thousands on property. It isn’t taxed until second home. So you could buy a house for 20k and leave a million. All just by complete luck. No inheritance tax if they stayed together is there? They have divorced so it is different but if...

The funny thing about flights abroad and the boomer line of “I didn’t do it until I was x years old” yes but then that generation started the boom of package holidays and taking their kids abroad. Then throw it back at those kids. I can’t believe anyone who celebrates things being worse in...

My comment on taxing on property values was more about inheritance tax but also we need to close loopholes people have for avoiding capital gains and you could apply huge capital gains on second home owners. Make it pointless to make money out of property. State could run the rental market or...

More on the demographic time bomb. I hear lots of boomers say “if you can’t afford kids then don’t have them” so now people are not. The data is genuinely scary. With those in 20s and 30s unable to afford a home and therefore start a family where are the workers coming from? So in 20 years...

When you say “seems to unobtainable” about owning a home. It implies you think it is simply a mindset. Please explain how you think someone on 25k can save a 20k deposit when they are paying 1k a month in rent before any other living expenses. Bear in mind that if a graduate they pay something...

Independent schools are an excellent way for boomers to avoid tax. They are charities so by paying for their grandkids to go they can ensure that not only will they not have to pay as much inheritance tax but they can also ensure their grandkids get a leg up. All paid for by money gained by just...