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That's not the point people are making though. The major expense in anybody's life is shelter and that is rampantly out of control, it wasn't back then. It would make a huge difference to me if my rent was even a quarter cheaper, it won't ever happen because the government has to protect house prices like they are it's firstborn.Originally Posted by + the native hipster
It is only in the past 12 years that interest rates have been as low as they are. Interest rates historically were around 7-10%, on occasions rising to 15%. It is accepted that housing is the single biggest cost, so I can't see how interest rates being a fraction of what they were back then has made the situation as bad today as you are alluding to.
You need to move away from the Thatcherite policy of homeownership that you favour. Whilst home ownership is nice to have, take a leaf out of our continental cousin's playbook where renting is so much more the norm.
I wonder why young people can't afford to buy houses?
https://www.newstatesman.com/politic...-average-wages
Its always been this way for young people. This generation is not special.
Youth unemployment is much higher than other generations. It's also incredibly expensive to go to uni. Apprenticeships basically don't exist so you can't learn a trade and if you get a good paying job, house prices have grown so far out of line with wages, it's incredibly difficult to buy a house. Apart from that, young people have it great.
https://twitter.com/AvaSantina/statu...H5a0RDJBA&s=19
Thick as shit.
Amazed to find out you follow left wing polemicists on twitter who share out of context clips to their echo chambers.
Nah you're talking rubbish. When has housing, gas and electric and petrol been this expensive? Millenials currently have around 7% of wealth compared to 22% boomers had at the same age (https://fortune.com/2022/03/22/mille...llion-boomers/).
Your generation just deny deny and deny that there are any issues and then act shocked when people begin to strike.
I honestly think lead paint has ****ed your heads.
This is the problem with statistics, taken on their own they don't tell the whole story. When boomers were in their 20s, the average life expectancy was considerably less than it is now. As most unfettered homeownership occurs in your 50s and beyond, its true to say that as people live longer, the nations wealth is going to decrease for any age group year on year. Whether the drop from 22% to 7% can be accounted for this alone, I doubt.
Out of context? She is literally comparing rail strikes to dinosaurs. She is clearly thick as shit.
Do you even know what a hashtag is?
**** me sidewaysIt's a metaphor! She's not literally calling them dinosaurs. That twitter account is away with the fairies (and no, i dont mean that literally..)
Surprised the Brexit guy talked a bit of sense. The Tory cabinet woman looked bewildered and totally out of her depth, a fitting advert for the Tory cabinet.
They all harp on about democracy but are shite scared to speak out or even say the truth or the clown will get rid of them in a heart beat
It's been refreshing to see Mick Lynch time after time call out and make whoever has been trust in front of him look complete and utter idiots whether it's the so called media elite Kay Burley, Piers Morgan etc or any of the Tory lap dogs who like said above all look bewildered and totally out of their depth.
I didn't watch the Kay Burley clip, but the Piers Morgan one was ridiculous, you could see he was actually embarrassed for Morgan that he has come to this.
Wtf are you wittering on about? I meant that, when wages and cost of living is taken into account, mortgages etc, young people are worse off than their parents were at their age in comparable terms.
And you're more interested in trying to be right than the actual plight of people on low wages. Knob.
Nothing gives odd people satisfaction more than trying to win an internet argument.
And the other side there are right wing deluded brainwashed Tory supporters and why we have a Tory Govt. 😂😂😂
Just give pay increases based on inflation
In a ideal World, the problem is it would add to inflation and drag the problem on longer, we need the country to dig deep and grind through the next two years, we've had to do it before and we will have to do it at certain times in the future.
All Drakeford should be concentrating on is this, it's peoples lives, forget speed gimmicks, free prescrptions, longest covid restrictions in the World and all the party politics, get these numbers down, do whatever it takes!
https://www.walesonline.co.uk/news/h...n-nhs-24301231
NHS Wales waiting times: Two years growth and new record
Waiting times for hospital treatment in Wales have again reached record levels, latest monthly figures show.
They reveal two years of solid growth since the Covid pandemic began.
But the longest waits - those of more than two years - are starting to go down, although 68,000 are still waiting that long.
The figures for April show more than 707,000 patients were waiting for hospital treatment, although the rate of increase has slowed.
Emergency waiting times nearly worst ever
More cash wanted to help older people manage pain
Wales' top doctor not ruling out future lockdowns
'I spent four nights in A&E waiting for a bed'
https://www.bbc.co.uk/news/uk-wales-61908285
What does this have to do with a thread about Mick Lynch?
More billionaires than ever richer than ever, but it's the poor who had to dig deep, right.
Erm no. If 9.50 per hours means you are not able to afford basic living costs then you are happily condemning a shit load of people to poverty.
The aim of the minimum wage should be to ensure basic living costs can be covered by somebody in full time employment, not some Dickensian tool to motivate the lazy.
yes, and in my opinion the minimum wage should be enough to live off without any additional benefits.
As it is we have ended up in a situation that businesses pay so little that the poorest have to rely on handouts from the government and charities in order to survive, and those at the top have bigger and bigger pay.
Why do we allow this?
You can work your guts out in a full time job in this country and still struggle to make ends meet
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