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Trampa501

Youngsters Entering The Market Today Are Fortunate In A Way...

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They're in a position to see what a big mess the property bubble has created. They're not going to get the constant pressure from peers and the media to "Buy now and get on the ladder - prices only ever go up". Now it may be true that jobs are scarce - but in that respect they're in the same situation as those entering the jobs market in the 80s and early 90s. Plus they've now got Facebook - no comparison!!! :rolleyes:

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They're in a position to see what a big mess the property bubble has created. They're not going to get the constant pressure from peers and the media to "Buy now and get on the ladder - prices only ever go up". Now it may be true that jobs are scarce - but in that respect they're in the same situation as those entering the jobs market in the 80s and early 90s. Plus they've now got Facebook - no comparison!!! :rolleyes:

... Not today they aren't. Not next week either. In a year or two perhaps.

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Agreed, I don't think the younger generation are as stupid as some people paint them.

They are now in a position to see the mess their parents etc are in.

Hopefully they won't make the same mistakes.

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Agreed, I don't think the younger generation are as stupid as some people paint them.

They are now in a position to see the mess their parents etc are in.

Hopefully they won't make the same mistakes.

So long as they don't fall for that perennial Achilles heel of the young - misplaced optimism.

I append this verse for their perusal:

Therefore, since the world has still

Much good, but much less good than ill,

And while the sun and moon endure

Luck's a chance, but trouble's sure,

I'd face it as a wise man would,

And train for ill and not for good.

Edited by juvenal

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