Wednesday, March 28, 2012

Consequences of failing to burst a bubble

Life begins at 40: How Brits are 19 YEARS behind on life goals to marry, own a home and start a family

The average adult is an astonishing 19 years behind schedule with their ‘life plan’, research revealed yesterday. It suggests millions of Britons are struggling to tick off significant milestones such as owning a house and starting a family. Most blame a low level of disposable income, high property prices and limited access to home loans for their lack of progress with their long-term goals.

Posted by quiet guy @ 08:08 AM (1997 views)
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20 thoughts on “Consequences of failing to burst a bubble

  • sibley's b'stard child says:

    That’s all good and well but the article fails to take into account the younger generation’s lack of work ethic and proclivity for intemperate attitudes. How else can you explain the rising age of FTBs?

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  • happy mondays says:

    My sentiments exactly sbc, not forgetting the vast amount of drugs & alcohol they consume, that mixed with there contempt of a just & fair system, no wonder they just go out & riot..They need a good thrashing & put into military training, then they will become a good decent human beings contributing to this fine country of ours.

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  • mark wadsworth says:

    They just spend all their money on flat screens and iPods. All they want to do is claim benefits and concrete over the countryside.

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  • I’m certainly one of these people. Crazy how quickly time goes!!

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  • @Back to the article… I find my long term goals have been muted by the continuous desire to find a way around high house prices one way or another. It takes up a lot of time I could spend more productively.
    Think of all the collective thousands of hours wasted each year by people posting on this site. TBH, if everyone got together and did something productive instead then we could all afford a house.

    High house prices kill productivity in the real world.

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  • who wants to collectively buy a large plot with me and build several houses?

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  • How much are we talking Mark?

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  • @7 – Sounds like a good idea, depends upon location.

    Also I believe that planning permission is now easier to get (until the undiscovered loopholes are closed)

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  • I’m 31, have good income, and a long term partner.

    I have no interest in marrying (expensive party)
    Buying a house at 6 times average salary levels. And being tied to it.
    Having kids yet. Still enjoying myself. Have you seen the price of holidays in the school break?

    Milesstones have changed. There are a lot of fun things to do in life, more accessable than ever, and young people have realised this.

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  • 350k and would fit 5 houses

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  • mark wadsworth says:

    Mark, will it be near a Tesco or a Tesco Metro?

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  • According to the new planning policies it will need to be a mixed development including a tesco express, a hairdressers and some affordable houses which must be sold to BTL at a below price on a 90% LTV government backed loan.

    On a serious note £70k for a plot still seems like quite a bit of cash unless you are talking about 1/2 to an acre per house.

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  • The Daily Mail missed out one important goal ; age able to retire at .

    Given that the majority of people are saving zilch for their retirement they will never be able to afford to retire .

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  • Actually, I think the thing to do would be to look at farmland on the outskirts of towns then lobby for planning permission using the collective lobbying power of everyone at HPC. That way you could then get a plot for around 5k per acre + 1k lobbying costs.

    You would need to get a couple hundred people together for the idea to work;

    Once you have enough members and deposits upfront you then buy up the farm land and start an anti NIMBY campaign at each site.

    The lobbying idea would be to organize rallies that it would be compulsory for everyone in the scheme to attend, followed up by a press releases to the media. That way you could get houses built country wide.

    Ultimately if you can’t get planning the booking fees – lobbying membership fee can be returned.

    Collective power!

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  • @4: Mark

    (still off topic) It’s all a ruse to rebuild the Tories’ poll ratings. They are currently 10 points behind Labour and believe a strike will focus attention on Labour, not themselves. Minister Maude (I like saying that coz it makes him sound a tit) came out with some stupid comments on The World at One today. (See http://ukpollingreport.co.uk for daily analysis and argument — sorry discussion.)

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  • crash bandicoot says:

    This is a real antidote the the Express “Good News – House Prices Set to Soar” type headline. Sowing the seed that overpriced housing is bad rather than good is long overdue.

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  • That must be why I fancy girls 19 years younger than me!

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  • May I remind you that we are all doomed. No one’s said that in a while. But we are. That is all.

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  • Can I remind you, we are all doomed. That is all.

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