Sunday, February 14, 2010

Getting out before it’s too late

Downsizing: the upside

The asset-rich, time-rich fiftysomethings are the last of the good-time generation, many of whom are selling up and downsizing for an easier life. "......We have priced it reasonably because we know what we want to buy and this price is adequate,” Emma says. “We just thought maybe this is the right moment to sell, before the election. We have raised our family here, but it is time to move on....."

Posted by dill @ 05:04 PM (1069 views)
Please complete the required fields.



5 thoughts on “Getting out before it’s too late

  • “We don’t want to be tied down and want to be able to do whatever we like. Our pension hasn’t provided as well as we hoped but we have done well with property. We are skiers, I don’t mind saying, spending the kids’ inheritance.”

    The most selfish and opportunistic generation in modern history. They’ll gladly stamp on younger generations’ faces to get themselves a bit more wealth.

    Reply
    Please complete the required fields.



  • “The most selfish and opportunistic generation in modern history. They’ll gladly stamp on younger generations’ faces to get themselves a bit more wealth.”

    But when I’ve commented that I will fight tooth and nail to pass my house and an inheritance on to my kids, I’ve been pilloried as a home ownerist, nimbyist, typical of the baby boomer generation etc, etc ad nauseam.

    More hypocrisy on HPC.

    Reply
    Please complete the required fields.



  • I omitted to say @2 that we baby boomers are not all greedy grasping barstewards like the couple in the article but we all get tarred with the same brush and are an easy target for the ageism of some contributors to HPC.

    Reply
    Please complete the required fields.



  • when teh revolution comes I think Mt G should be the first with his back to the wall. He whines too much.

    Vive la Revolution!

    Reply
    Please complete the required fields.



  • inbreda @4

    Don’t take it out on mr g – his intentions are honourable. The Boomers are, in large part, fortunate recipients of 30 years of erroneous policy. This has served only to create intergenerational division by exploiting a common necessity. The fault lies with the Establishment. The rest is greed and fear. So the next Government must seriously address the problem or risk the growing anger and frustration spilling out into violent protest. It’s potentially getting that serious.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>