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stripycat

Lucky Baby Boomers Never Knew They Had It So Good

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http://www.telegraph.co.uk/money/main.jhtm...1/16/ccom16.xml

"

You didn't realise you were part of the lucky generation. Born in the post-war boom, you were 35 in 1980, buying a new house for your growing family, starting to put something aside for your planned retirement in 2005. Your timing was perfect.

The past 25 years have been an economic and investment aberration and if new figures from Deutsche Bank are to be believed your children aren't going to have anything like such an easy ride. "

The sad thing is that many really don't realise what is going on and expect the next 25 years to have the same growth as the last 25 and so are commiting themselves to 25 year mortages based on an expectation that the next 25 years will be the same as the last.

Edited by stripycat

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http://www.telegraph.co.uk/money/main.jhtm...1/16/ccom16.xml

"

You didn't realise you were part of the lucky generation. Born in the post-war boom, you were 35 in 1980, buying a new house for your growing family, starting to put something aside for your planned retirement in 2005. Your timing was perfect.

The past 25 years have been an economic and investment aberration and if new figures from Deutsche Bank are to be believed your children aren't going to have anything like such an easy ride. "

The sad thing is that many really don't realise what is going and expect the next 25 years to have the same growth as the last 25 and so are commiting themselves to 25 year mortages based on an expectation that the next 25 years will be the same as the last.

Hah!

Lazy hacks have been reading our threads again for articles!

To expand on that - impo it was all due to (and directly shadows) the rise and fall of OIL/Gas!

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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