[Dave Beans]

http://www.dailymail...art-family.html

Quote

The average adult is an astonishing 19 years behind schedule with their ‘life plan’, research revealed yesterday. It suggests millions of Britons are struggling to tick off significant milestones such as owning a house and starting a family.

Most blame a low level of disposable income, high property prices and limited access to home loans for their lack of progress with their long-term goals. The study – which polled 1,000 40-year-olds – found the average youth had aspirations of earning more than £30,000 a year by the time they reached 31, but for 71 per cent this dream has yet to become a reality. The report also revealed most adults hope to become the proud owners of a house or flat by age 27, but 32 per cent are still renting well into their 40s.

Most said they hoped to start a family by 28, but 38 per cent are unlikely to have done so by the time they are in their late thirties. Even a full time job proves elusive for 13 per cent of adults.

Tracy Fletcher, of Skipton Building Society, which commissioned the study, said: ‘When you are growing up, you have very set ideas about when you will have that big wedding or your brand new house and cradle your first child in your arms.

“Unfortunately while the majority of people hope to have achieved most of their goals in their 20s, it is more likely to be late 30s or early 40s before many are accomplished.’
She added: ‘Money is a key factor for many of these milestones, as people just can’t afford to set foot on the housing ladder and feel lucky to have any sort of job let alone earn a packet, or buy a car.’

I see they're polling 40 year olds...They, should, in theory, have had the benefit of lower house prices...When they ask the future 40 year olds in five years time, I can imagine these figures being much, much higher...On the other hand, I couldn't give a monkies if I've hardly achieved most of that list by the time I'm 40...

This post has been edited by Dave Beans: 28 March 2012 - 01:57 AM

[Sir Sidney Ruff-Diamond]

 Dave Beans, on 28 March 2012 - 01:29 AM, said:

http://www.dailymail...art-family.html
On the other hand, I couldn't give a monkies if I've hardly achieved most of that list by the time I'm 40...

That might work if you're a male of the species. Unfortunately Mrs beans won't be able to put these things off as long.

One of the many reasons why high house prices are so socially damaging.

And boomers wonder why they have no grandchildren. Idiots.

[crash2006]

 Milton, on 28 March 2012 - 05:48 AM, said:

Its ALL about house prices.
Im in this category, and so are millions of others according to Shelter.
Next year, I will be 19 years behind, the year after, 20 years behind.
Thre average house Price TRIPLED in a decade, whilst the median UK wage rose by just 6.5k. Utilities also tripled under Labour and council tax doubled.
Youre 38 years old, and youve been unable to afford a house since you began working. Yet people on the same wage, doing the same job yet just two years older, are sitting on £300k assets they paid 80k for.
And the Governmnet still keeps the bubble inflated. Youve been forced to waste tens of thousands in rent, and put all lifes major decisons on hold.
Youre worthless.
So long as you dont finally snap, and walk into [somewhere] wielding a large weapon, the Government thinks everything is ok.

give it 20-30 years the government going to have a hell of a housing benefit bill.

[winkie]

Not only did house prices go out of control, another reason why life goals are behind is because more people study full time for longer then have gap years before they get their first full time job, they may never catch up with the school leaver in terms of wages or experience for many years....most of my peers left school at 16 and went straight into the workplace or went briefly into technical college to learn a trade, they got their training on the job whilst being paid, the nurses worked and studied at the same time, the best place imo to be both caring and learning from experienced staff.......certain vocations will always require a prolonged period of education but not like we have it today.

[SpewLabour]

 Milton, on 28 March 2012 - 05:48 AM, said:

Its ALL about house prices.
Im in this category, and so are millions of others according to Shelter.
Next year, I will be 19 years behind, the year after, 20 years behind.
Thre average house Price TRIPLED in a decade, whilst the median UK wage rose by just 6.5k. Utilities also tripled under Labour and council tax doubled.
Youre 38 years old, and youve been unable to afford a house since you began working. Yet people on the same wage, doing the same job yet just two years older, are sitting on £300k assets they paid 80k for.
And the Governmnet still keeps the bubble inflated. Youve been forced to waste tens of thousands in rent, and put all lifes major decisons on hold.
Youre worthless.
So long as you dont finally snap, and walk into [somewhere] wielding a large weapon, the Government thinks everything is ok.

Not everyone in their 40s are rolling in it, you know!

I took the decision in the mid 90's to save hard for several years so as to drastically reduce the mortgage I'd need to take out, plus with a level of savings giving me some security in the event of redundancy, only to watch as the house prices ramped up far quicker.

After 10 years of saving hard I'm now much further away from buying a house, and watching inflation eat away at my money.

[stuckmojo]

 Sir Sidney Ruff-Diamond, on 28 March 2012 - 05:45 AM, said:

That might work if you're a male of the species. Unfortunately Mrs beans won't be able to put these things off as long.

One of the many reasons why high house prices are so socially damaging.

And boomers wonder why they have no grandchildren. Idiots.

..or you could do it like my dear father, whom re-married and had a child at the ripe old age of 60. He doesn't need/want grandchildren.

He can surely afford it with his huge final salary pension, house paid for and money in the bank (and a young wife with more money than him).

[Grrrr I'm a tiger]

Some people think that young teenage Mums are stupid and ignorant. They are the sages of the modern day.

[stuckmojo]

 hotairmail, on 28 March 2012 - 07:32 AM, said:

Some people think that young teenage Mums are stupid and ignorant. They are the sages of the modern day.

Absolutely.

[winkie]

 stuckmojo, on 28 March 2012 - 07:36 AM, said:

Absolutely.

...also agree.

[PricedOutNative]

Very true!

 hotairmail, on 28 March 2012 - 07:32 AM, said:

Some people think that young teenage Mums are stupid and ignorant. They are the sages of the modern day.

[singlemalt]

 crash2006, on 28 March 2012 - 06:10 AM, said:

give it 20-30 years the government going to have a hell of a housing benefit bill.

and a hell of a demographic problem unless young, educated, hard working, decent people start having many more offspring otherwise let’s face it, the country is screwed!

You can’t have a successful country that can earn its way in the world off the backs of people from broken, uneducated, dysfunctional families many of which seem to contribute disproportionately to the number of children being born today.

[Guest_James Toney_*]

 Milton, on 28 March 2012 - 05:48 AM, said:

Its ALL about house prices.
Im in this category, and so are millions of others according to Shelter.
Next year, I will be 19 years behind, the year after, 20 years behind.
Thre average house Price TRIPLED in a decade, whilst the median UK wage rose by just 6.5k. Utilities also tripled under Labour and council tax doubled.
Youre 38 years old, and youve been unable to afford a house since you began working. Yet people on the same wage, doing the same job yet just two years older, are sitting on £300k assets they paid 80k for.
And the Governmnet still keeps the bubble inflated. Youve been forced to waste tens of thousands in rent, and put all lifes major decisons on hold.
Youre worthless.
So long as you dont finally snap, and walk into [somewhere] wielding a large weapon, the Government thinks everything is ok.

agreed, the problem is all about house prices, and until / if they fall this will be the problem forever

[pyewackitt]

With a 3 bed semi in Barnet going for this kind of money why is any of this a suprise...

http://www.rightmove...y-22420152.html

I mean really

[rantnrave]

 singlemalt, on 28 March 2012 - 07:58 AM, said:

and a hell of a demographic problem unless young, educated, hard working, decent people start having many more offspring otherwise let's face it, the country is screwed!

It's a rational reaction when access to affordable and reasonable housing is on the whole denied to younger people for such a while. Millions of individual decisions to have less kids combines to form a market's response to the problem, ie less people to chase a scarce supply of affordable, family-sized housing. Alas, it isn't going to work because the uneducated, unhard-working are still having kids in droves and immigrants keep arriving.

[rantnrave]

 pyewackitt, on 28 March 2012 - 08:12 AM, said:

With a 3 bed semi in Barnet going for this kind of money why is any of this a suprise...

http://www.rightmove...y-22420152.html

I mean really

You'd hope Savills could at least be bothered to write up a description for the property, given how much fees they earned if they sold that place (huge if). But no...