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Everything posted by dipstick

  1. What debts???? We just sold everything we had to pay the mortgage ... and we were the lucky ones because we managed to keep up. And since when were debts devalued into nothingness? Since when did banks pop up and say, you don't have to pay it back, it's fine? You've actually managed to use a statement that makes it sound as if debts just disappear overnight. Like I said before, people like you aren't worth listening to because if you can't get the simple facts of what did happen correct, then your theories are worthless because they are based on falsehoods and bigotry. Get the truth straight, work from there and you might, just might, have a chance of predicting what comes next. Other than that you are just sheeple.
  2. I'm still not sure if this is going to cover the Home Report in Scotland but have emailed RICS so if I get a response I'll update here. I would think the cost of the EPC will rise somewhat and not that many people will lose work, although I hope it doesn't rise to the £750 it would cost me to get a Home Report done. ... and that is a barrier to selling in my world.
  3. Apologies: it CAN bring out the worst in people. Kudos to those on here that want their parents to spend their money on themselves.
  4. Munro, You've got me completely at a loss here. In one thread it appears you are yet again on the 'boomer' generation thing, yet in another it appears as if you must actually be a boomer yourself??? Who exactly are you railing at - or are you looking in a mirror? To be honest I think there's been some brilliant posts no matter which end of the spectrum. All adds to the fun. Out of interest I mentioned a few posts back that I used to work as a legal sec writing the wills. Once, when a man was in hospital dying, his three daughters appeared (who had come from all over the country) with elderly mother in tow. They wanted the will changing because Daddy didn't mean to leave all his money to Mummy, did he Mummy? He wasn't of sound mind when he made it. Could the solicitor amend it now to leave it between the 3 daughters please. They sat in reception for a good 3 hours with the poor mother, who was about 80, squashed in between them and in absolute shock over her husband while the solicitor kept telling them to go away. Then we got news about 3pm that Daddy had died. Then they wanted Mummy to sign all the money over to them. An interesting afternoon.
  5. Not arguing with you, but still amazed at the number of people who are inheriting and then insist it isn't going to make a jot of difference to them and theirs (keeps popping up that the next generation will be taking a good bit) And I'm not arguing with you that HPI hasn't stopped a great number of people getting on the ladder. BUT, the one thing that has transpired is that most people are going to inherit, and this does (no matter what people say) have an influence on our attitudes towards security and risk. What happens if that is suddenly taken away when house prices plummet? Will we have a small section of the population in the middle that has been given the leg up and the rest that haven't? I'm not, by the way, interested in Inheritance Tax - it wasn't the reason I started the thread.
  6. If you could miss out the boomer rubbish in this post I really could make more sense of it. I actually have some sympathy for you and everybody else dragged into this mess (wouldn't be here otherwise) BUT, working on the assumption that your parents live to over 100 (which is highly unlikely) You then will be retired and could look after them yourself ... couldn't you? What is it with people on here that seems to want them stuffed in care homes!!!!!
  7. Because I've seen the surveys on here before relating to income and occupations ...
  8. ... and it's not about the grief anyway, it's about inheritance becoming the norm and expectations.
  9. ... and don't forget the boomers are going to live well into their 100's ... CCC - I once worked in a solicitors preparing the wills - if you don't think many, many, people are thinking of how much they will inherit then you need to get a job there. Just for a short time, it's an eye opener!
  10. Doesn't stop you telling her to stuff it. And, to be honest, I'd rather have a rich barsteward for a mother than a poor barsteward one. At least there may be a long term benefit! Thing is, if your dad was a lecturer in the 60's (let's say '65) that means he must have been born at the latest 1940. If your mum is of similar age now it means she's 70. So within the next 10 years or so you are likely to inherit - yes? Edited to say: Sorry, didn't mean to minimise your barsteward mother problems - but believe you me, you don't stand alone.
  11. ... and for those worrying about care home fees, you always have the option of looking after parents at home. My neighbour does that. I don't know about this care home thing - most of mine died in a very short space of time - in fact all of them did, no care homes involved.
  12. Munro, You don't have to be nice to the wrinklies - just tell them to stuff it. Have some dignitiy for heaven's sake.
  13. But going on what you say, Ah So, some people at 50 now are receiving inheritances and thus will be bailing out their thirtysomethings??? So even though you personally aren't benefitting somebody will be. Again, how much is it skewing the economics? And, of course we always have the possiblity that house prices are going to fall through the floor. If that does happen how much will it effect the social/economic status of the citizens.
  14. I think we are probably singing from the same hymn sheet. I don't begrudge people inheriting (although I do begrudge them making out they're skint) and I actually wonder where we would be without the inheritance situation. I also agree that there has been too much easy money made by stupid people - or are they stupid if they've made the money - Okay, maybe they are just stupid because when things settle down they'll be wondering what's hit them. And you're right about the timing. Nobody was sat around their pc in the late nineties wondering if it was the right time to buy. Some just bought, others didn't and then all hell broke loose. You were either lucky or not, for the majority it wasn't anything to do with being clever.
  15. Who said that DB? I don't think I could ever be said to think that life either was, or was going to be, fair. My point really came from the fact I was getting a bit sick of hearing a few things. The first one was people around me on a day to day basis telling me they were skint. And then, lo and behold, they were paying off mortgages, buying new cars etc. and it dawned that they were inheriting. The second fact was that I'm fed up of hearing about this mythical boomer and how generations have been robbed by the previous one. When, in actual fact, they are going to have their lives eased considerably by the boomers in many cases. I agree wholeheartedly about the non-working comment. How many people on here want to see money 'work' for them, without lifting a finger - quite possibly a different thread though.
  16. But doesn't that also raise the issue of how we are going to see a greater social divide? Okay the people at the bottom may be fewer, but they are going to be well down on the rest? I don't want to mislead you here. I have my own property bought and paid for BUT there are a few biggies. A) it's in a cheap and remote area of the country, It's a right mess and will stay that way for the foreseeable future, and C) I do without most of the stuff people see as a right (I haven't had a holiday for over 25 years) Hope I'm making sense.
  17. I'm miffed as well, Mon. Don't read anymore or we are both going to be suicidal by the end of the day!
  18. Well for starters, to get that security at any age - to know it's coming - is a great ease, but what I've also noticed is that people aren't (as in Mark's post) just inheriting from parents. I've seen a heck of a lot from grandparents and, believe it or not, aunts and uncles. And most of these couples were in their thirties. Plus, as Mark said, they are also in line to then inherit from parents at a later date.
  19. Sorry, Daddy I couldn't finish reading your post because I'm blinded by the tears .... ;-)
  20. Hadn't actually thought about people moving it back into the property market, mainly what I've seen is people paying off their mortgages, doing up their houses and generally improving their quality of life and future security. But you're right, it would be interesting to know just how much it has either contributed to the boom, either in that people have already inherited or regarding their estimation of risk - if you know you're going to be able to pay it off in a few years then you'll go that extra mile, right?
  21. I suppose really I'd got it wrong because it's not all related just to this boom - it's back to the selling off of council houses and the general 'ownership' mentallity - but you're right about the amounts. If I was due to inherit something even of 80k, I'd be laughing.
  22. I've thought about this before but after reading a couple of threads where people are, yet again, spitting their dummies out about the 'greedy' boomers, wondered who out there, is not in line to inherit a property? I'm not, incidentally. We talk constantly about the down sides to the property boom (well deserved in most cases) but hasn't this, for many people, actually brought a benefit? When I was a kid most people had council houses, in fact I bet I'd have trouble counting the number of people on one hand who were going to be lucky enough to 'inherit.' Yet now, when I look around I can't think of one single person who won't. Not one. For me this has sort of become the elephant in the room. It's there, millions will benefit, yet it's never brought up. I now know (didn't originally) that most people on this forum are well paid middle-class and so it's probably a bit skewed, but was wondering out of us lot who wasn't in line to inherit a property and get a fair old boost to their lifestyle?
  23. In fact, before any of you open your mouths again to say the word 'boomer,' go have a scout on the net, buy the DVD or whatever gadget you have at the moment and watch Boys from the Black Stuff. Get your facts right about what happened to the working class before you speak on the subject again. Then we can all stop thinking that you are white collar, middle class people who were brought up in a detached house, sent to uni and have watched your parents do quite nicely thank you. Or did I get that stereotype wrong?
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