Quote Originally Posted by goats View Post
Quite a few of my old man’s mates involved with property lost everything in the crash late 80’s and interest rates going up early 90’s, it wasn’t all plain sailing like it’s been the last 10 years. Loads of those boomers as you say are helping out their kids big time anyway, aswell as being told to save all their lives, for what? No interest on their “savings” when they get to retire? No point in having 350k in the bank earning you nothing when you could buy a house rent it out and earn £2k a month from it, no doubt plenty of boomers did this.
£350k in savings? Who the hell has saved this? If they have they’ve probably never even bought a loaf of bread in their life.