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Highway to Hell

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About Highway to Hell

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  1. Luxury is relative I suppose, take this beauty....Dolores Umbridge herself would no doubt think this is the height of sumptuousness: https://www.rightmove.co.uk/property-for-sale/property-64601529.html Plus, it is of course hugely over-priced, and the fact it is fixed-price for one week only (where presumably the price goes up?) is a bit unusual
  2. You clearly are a boomer, and many (not all of course) are very concerned about their image; hence the angst when they are not heralded as the heroes they see themselves as. You have already, in just a few words, try to convey what a great guy you are for example. I don't think anyone thinks there was a master plan. Just a great number of people who are clearly demonstrating a scorched-earth policy in every sense for decades. Referencing family tress from a position of complete ignorance was a nice touch too. Stay classy. The "classic" boomer worldview is riddled with inconsistencies and lack of consistent logic. That was the original point that you didn't seem to like.
  3. Absolutely - Boomers still are deluding themselves that they will be remembered for civil rights, the music etc....(the kind of Austin Powers view of the 60's)....Instead, their legacy will be something else. I think that cognitive dissonance should be on the tombstone of many of that generation
  4. US commentary. I hadn't fully appreciated the role of the Federal Housing Administration in the US if I'm honest. Key part for me: "In 2014, the Federal Housing Administration began reducing mortgage insurance premiums on loans by an average of $900 a year, in an effort to nudge first-time home buyers and millennial borrowers who might not have much cash for a down payment to finally enter the housing market. Those other federal moves include Fannie Mae and Freddie Mac making lower down payment loan options available to more borrowers. In 2014, the agencies began to buy loans with just a 3% down payment, or 97% loan-to-value ratio. Fannie Mae also announced in 2015 that it would allow income from a non-borrower household members to be considered as part of a loan applicants debt-to-income ratio. That could help some borrowers, who might have family members on Social Security or disability living with them, or a renter in a basement apartment, to boost their income levels and help them qualify for a loan." Link to article: http://www.marketwatch.com/story/5-reasons-a-2009-style-real-estate-meltdown-is-unlikely-now-2015-08-25 It doesn't take much time on Google to find examples of how the FHA "saved" the real estate market articles.
  5. The anger is mostly from the Guardian crowd in my experience. They are in well paid jobs, nice homes in nice areas (but with large mortgages). They are not at the point of listening to reason at the moment in the main. Pointing out that this is democratic process for example seems to merely antagonise them even further. I'm not sure why. I'm not the first to say this, but the one thing that does unite them is a very odd understanding of the democratic process. I'm still trying to understand it, but it seems to go something like this: 1) Anger at Cameron (he should never have called the referendum). With the result going the "wrong" way it isn't democratic, it is "mob rule" or "populism" 2) Hate / bile at the evil self-serving boomers that have destroyed their future. 3) Having argued that there shouldn't have been a referendum, there now should be another one, immediately. The "people" clearly didn't understand the question is an often used reason 4) In the event that there isn't a referendum (who should yield the right result of course) any means necessary to divert (be it the SNP north of the border, general election with pro-EU MPs, etc. of combination of) is the route to go The other shared common theme (from the remain "ranters", which isn't everyone of course) is a no acknowledgement at all that any other person in the UK would have had anything other than the largely positive experience that they themselves have had. That simply does not resonate at all.
  6. The Guardian types have already started that the democratic process has produced the "wrong" result arguments In Scotland, the guardianistas up there have started the "that democracy is wrong, we want another vote to get the "right" outcome". Totally predictable
  7. Absolutely. Just that many aren't helping out their children / grandchildren. I know there are many that do, but there are many pensioners / will become pensioners that have a sense of entitlement that they believe they should have the holiday home, multiple holidays, change cars every couple of years..... They feel this is utterly justified and deserved, and resent any questions about this. How they came to this conclusion, when in many cases their own parents themselves were very poor (so left nothing, or little) and they only reached mediocre levels in public sector / safe (as they were back then) jobs is something I don't understand how they square that circle. I expect history will not look back kindly on the working class boomers that blew opportunities that the rare set of circumstances that they happened to be born into gave them. In this case, it sounds like the £60k each gifts is as much about perceived social status than anything. They really are a shower of Hyacinths. Owning a few Bob Dylan albums, and occasionally voting labour isn't going to alter that!
  8. Totally agree with that - The "price" is becoming an ever more abstract concept for more and more aspects of what could be called modern life. As covered in other threads, applies to cars (traditionally the second most expensive purchase people would make). An increasing move to a month-by-month view of the world. Is difficult to see how this can be resolved without massive currency devaluation IMHO.
  9. I think the elephant in the room is that when people think of a FTB, they have a mental image of a 20-something individual, or maybe a couple, buying their first kettle, sofa...that sort of thing. What they don't have in their mind, is someone from (to put it delicately) from countries that don't rank so well in corruption indices, wandering new-build developments with brochures tucked under arm, buying multiple properties with an air of being utterly bored by the whole process. Technically they are UK FTBers. Btw I've seen this many times (as I'm sure anyone who live in or near areas where there are a lot of residential towers recently or currently being built. There is also the lower-end of the price range equivalent like the ramping piece the BBC did the other day where people were queing overnight to buy over-priced slums in Slough (the "news" element of this promotional piece was that there was a guarantee in the event of a Brexit result). I'll try to find it if I can. I'll be a good example of one of those pieces where people look back in the future and think "WTF!?"
  10. Highway to Hell

    Iabu

    +1. I'd add deluded to that too.
  11. I think £250k is being optomistic sadly: http://www.rightmove.co.uk/new-homes-for-sale/property-39935661.html
  12. Makes sense to me. The list of people and organisations that are pushing the "remain" argument aligns very closely to public figures who appear (IMHO) to be terrible examples of human beings that are totally self-serving. Tony Blair being the prime example of this.
  13. I'm sorry...."Wendy Cocks of Clement Royds Street...." Seriously?
  14. Maybe it was where Prince stayed; whilst he was in the UK? Perhaps he popped into Worthing for some pancakes after a game of basketball ;-)
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