localhero1983 Posted December 4, 2018 Share Posted December 4, 2018 (edited) https://www.bbc.co.uk/news/business-46430047 Now isn't this the truth in todays Britain, aspiration is on it's last legs and those lucky to be born into money are taking us back to an unfair class system Edited December 4, 2018 by localhero1983 Quote Link to comment Share on other sites More sharing options...
honkydonkey Posted December 4, 2018 Share Posted December 4, 2018 https://www.dailymail.co.uk/news/article-6457027/Young-people-three-times-likely-homeowners-30-parents-one.html Quote Link to comment Share on other sites More sharing options...
btl_hater Posted December 4, 2018 Share Posted December 4, 2018 My own anecdotal experience absolutely  confirms this trend. The majority of home owners under 40 I know have had considerable help from bomad. Quote Link to comment Share on other sites More sharing options...
simvastatin Posted December 4, 2018 Share Posted December 4, 2018 (edited) 1 hour ago, btl_hater said: My own anecdotal experience absolutely  confirms this trend. The majority of home owners under 40 I know have had considerable help from bomad. This is not new, I have never come across a house purchase that was not this, the people without  bomad assistance used to purchase flats Edited December 4, 2018 by prozac Quote Link to comment Share on other sites More sharing options...
dpg50000 Posted December 4, 2018 Share Posted December 4, 2018 37 minutes ago, prozac said: This is not new, I have never come across a house purchase that was not this, the people without  bomad assistance used to purchase flats Absolute ********. I bought my first house, a 3-bed semi detached in 1999 for 2 * my wage in Lancashire, with a 5% deposit I had saved. The last ~18 years are the anomaly. Quote Link to comment Share on other sites More sharing options...
doomed Posted December 4, 2018 Share Posted December 4, 2018 It is not everyone else’s fault if your parents were feckless. People may not like it but parents have the right to help their own children get ahead. I mean what is the alternative? Quote Link to comment Share on other sites More sharing options...
Nabby81 Posted December 4, 2018 Share Posted December 4, 2018 1 minute ago, doomed said: It is not everyone else’s fault if your parents were feckless. People may not like it but parents have the right to help their own children get ahead. I mean what is the alternative? Mine weren't feckless they just all died young , same as grandparents Quote Link to comment Share on other sites More sharing options...
doomed Posted December 4, 2018 Share Posted December 4, 2018 (edited) 2 minutes ago, Nabby81 said: Mine weren't feckless they just all died young , same as grandparents Unlucky. Do you support the right of parents to support their children in any way that would give them an advantage over others? Edited December 4, 2018 by doomed Quote Link to comment Share on other sites More sharing options...
Aidan Ap Word Posted December 4, 2018 Share Posted December 4, 2018 9 minutes ago, doomed said: It is not everyone else’s fault if your parents were feckless. People may not like it but parents have the right to help their own children get ahead. I mean what is the alternative? It's not my parent's fault where they were born. That doesn't mean they were feckless. Quote Link to comment Share on other sites More sharing options...
doomed Posted December 4, 2018 Share Posted December 4, 2018 2 minutes ago, Aidan Ap Word said: It's not my parent's fault where they were born. That doesn't mean they were feckless. Â 7 minutes ago, doomed said: Unlucky. Do you support the right of parents to support their children in any way that would give them an advantage over others? Â Quote Link to comment Share on other sites More sharing options...
Aidan Ap Word Posted December 4, 2018 Share Posted December 4, 2018 2 minutes ago, doomed said:   4 minutes ago, Aidan Ap Word said: It's not my parent's fault where they were born. That doesn't mean they were feckless.    9 minutes ago, doomed said: Unlucky. Do you support the right of parents to support their children in any way that would give them an advantage over others?  I fully support parents supporting their children. I just wish that so much of parents' effort did not have to be spent on supporting their housing needs ... I wish *that* energy could be spent in parental support for items higher up Maslow's hierarchy - not least of which helping their kids to be better relational persons and citizens and creative value adders. Quote Link to comment Share on other sites More sharing options...
doomed Posted December 4, 2018 Share Posted December 4, 2018 (edited) 5 minutes ago, Aidan Ap Word said: Â Edited December 4, 2018 by doomed Quote Link to comment Share on other sites More sharing options...
doomed Posted December 4, 2018 Share Posted December 4, 2018 6 minutes ago, Aidan Ap Word said: I fully support parents supporting their children. I just wish that so much of parents' effort did not have to be spent on supporting their housing needs ... I wish *that* energy could be spent in parental support for items higher up Maslow's hierarchy - not least of which helping their kids to be better relational persons and citizens and creative value adders. You can not force altruism. People must be free to choose what they do with their own resources as anything else is tyranny. Quote Link to comment Share on other sites More sharing options...
Aidan Ap Word Posted December 4, 2018 Share Posted December 4, 2018 9 minutes ago, doomed said: You can not force altruism. People must be free to choose what they do with their own resources as anything else is tyranny. I cannot force it, true. But I can demonstrate it in my life. At least, I intend to. I can do that better if I don't have to work like a drone in order for my children to be able to afford a roof over their heads. A dad who has a better work/life balance because money is not so desperately needed is - IMO, anyway - going to find it easier to be a better dad. Quote Link to comment Share on other sites More sharing options...
btl_hater Posted December 4, 2018 Share Posted December 4, 2018 (edited) 40 minutes ago, doomed said: It is not everyone else’s fault if your parents were feckless. Bit of a leap to characterize parents who have not saved up £20-60k to give to their (often more than one?) children as feckless. Saving upwards of £100k is not easy and often the wealth the parents possess is itself inherited. If houses were allowed to be priced sensibly then there would be no need for mammoth deposits and young people could save a reasonable deposit themselves. Your response also leads to the likely relevant question: which category do you fall under, a child who received a payout from BOMAD, or are you part of BOMAD yourself? Edited December 4, 2018 by btl_hater Quote Link to comment Share on other sites More sharing options...
iamnumerate Posted December 4, 2018 Share Posted December 4, 2018 2 hours ago, dpg50000 said: Absolute ********. I bought my first house, a 3-bed semi detached in 1999 for 2 * my wage in Lancashire, with a 5% deposit I had saved. The last ~18 years are the anomaly. Very true. I know people who bought without a single penny from their parents, before BBC (Blair Brown Cameron) of course. Quote Link to comment Share on other sites More sharing options...
BorrowToLeech Posted December 4, 2018 Share Posted December 4, 2018 (edited) 53 minutes ago, doomed said: It is not everyone else’s fault if your parents were feckless. People may not like it but parents have the right to help their own children get ahead. I mean what is the alternative? What on earth are you talking about? People should be able to provide houses for themselves, without any assistance from anyone. Even other animals can manage this. It’s got nothing to do with whether parents should help their children, and everything to do with turning homes into treasure to profit the feckless few. Edited December 4, 2018 by BorrowToLeech Quote Link to comment Share on other sites More sharing options...
doomed Posted December 4, 2018 Share Posted December 4, 2018 20 minutes ago, btl_hater said: Bit of a leap to characterize parents who have not saved up £20-60k to give to their (often more than one?) children as feckless. Saving upwards of £100k is not easy and often the wealth the parents possess is itself inherited. If houses were allowed to be priced sensibly then there would be no need for mammoth deposits and young people could save a reasonable deposit themselves. Your response also leads to the likely relevant question: which category do you fall under, a child who received a payout from BOMAD, or are you part of BOMAD yourself? I bought without help but fully intend to help my children financially to give them a head start if circumstances allow. I agree house prices are insane and should be lower. Quote Link to comment Share on other sites More sharing options...
doomed Posted December 4, 2018 Share Posted December 4, 2018 29 minutes ago, Aidan Ap Word said: I cannot force it, true. But I can demonstrate it in my life. At least, I intend to. I can do that better if I don't have to work like a drone in order for my children to be able to afford a roof over their heads. A dad who has a better work/life balance because money is not so desperately needed is - IMO, anyway - going to find it easier to be a better dad. Well if other parents decide to work like a drone to give their children a financial head start over your own children it is something that you have to accept. Quote Link to comment Share on other sites More sharing options...
doomed Posted December 4, 2018 Share Posted December 4, 2018 14 minutes ago, BorrowToLeech said: What on earth are you talking about? People should be able to provide houses for themselves, without any assistance from anyone. Even other animals can manage this. It’s got nothing to do with whether parents should help their children, and everything to do with turning homes into treasure to profit the feckless few. Yes and they can currently. It is just that the more desirable property is more difficult to acquire so some parents help their children. There should be no issue with this. Quote Link to comment Share on other sites More sharing options...
iamnumerate Posted December 4, 2018 Share Posted December 4, 2018 7 minutes ago, doomed said: Yes and they can currently. It is just that the more desirable property is more difficult to acquire so some parents help their children. There should be no issue with this. Even on a good wage there are problems with acquiring undesirable property now days in Greater London. Quote Link to comment Share on other sites More sharing options...
GregBowman Posted December 4, 2018 Share Posted December 4, 2018 (edited) 1 hour ago, Aidan Ap Word said: I fully support parents supporting their children. I just wish that so much of parents' effort did not have to be spent on supporting their housing needs ... I wish *that* energy could be spent in parental support for items higher up Maslow's hierarchy - not least of which helping their kids to be better relational persons and citizens and creative value adders. Nice to bring up good old Maslow. Thee 2nd level at the base is Safety including of employment, of health but also interestingly of property. The theory as you know states that without that base levels being fulfilled you never get to Esteem and Self actualisation. Its not a pick and mix its a pyramid. Not sure they are mutually exclusive I spent money on the items below and love / time on the higher levels - different currencies So helping with property is entirely congruent with that as is private health care and private schooling. Parents can help with self esteem of course but if your living In a HMO at 35 I would suggest might be wearing a bit thin. Edited December 4, 2018 by GregBowman Quote Link to comment Share on other sites More sharing options...
simvastatin Posted December 4, 2018 Share Posted December 4, 2018 3 hours ago, dpg50000 said: Absolute ********. I bought my first house, a 3-bed semi detached in 1999 for 2 * my wage in Lancashire, with a 5% deposit I had saved. The last ~18 years are the anomaly. Either your wages were really high or house prices in Lancashire are very low your rule does not apply to london Quote Link to comment Share on other sites More sharing options...
Aidan Ap Word Posted December 4, 2018 Share Posted December 4, 2018 26 minutes ago, doomed said: Well if other parents decide to work like a drone to give their children a financial head start over your own children it is something that you have to accept. Except that if the gubbermint wasn't constantly fiddling the market for property would actually work and prices would be sensible then a sensible amount of effort would be required to house ourselves and our children. Drone mentality is a symptom not a cause. Quote Link to comment Share on other sites More sharing options...
Aidan Ap Word Posted December 4, 2018 Share Posted December 4, 2018 19 minutes ago, GregBowman said: Nice to bring up good old Maslow. Thee 2nd level at the base is Safety including of employment, of health but also interestingly of property. The theory as you know states that without that base levels being fulfilled you never get to Esteem and Self actualisation. Its not a pick and mix its a pyramid. Not sure they are mutually exclusive I spent money on the items below and love time on the higher levels - different currencies So helping with property is entirely congruent with that as is private health care and private schooling. Parents can help with self esteem of course but if your living In a HMO at 35 I would suggest might be wearing a bit thin. Just as a note: Brought up "good old Maslow" just as a short-hand for stating that my children have other needs and I want to provide safe context for them to grow and mature in other things as well as housing and security and safety ... because my resources for caring and providing for my children are limited ... It is by no means unique to me that I could go and work for a dubious organisation in the city for serious wads of cash (or, at least, a lot more than I get where I am) ... and have more than enough to fund deposits for them ... but have contributed nothing to my children in the other things that count. Sitting on a train in a commuter-daze is not good parenting - even if it does mean they don't have to scrape for a deposit to rent some moldy flat from the Wilsons. Yes, that's hyperbole for illustration purposes only.  Quote Link to comment Share on other sites More sharing options...
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