A Political Thread pt. 2

[ncurd]

And the people who didn't buy property at the same point in time as you and now have to deal with the sky rocketed prices?

I don't get how you can type that and not see it as a huge issue for the younger generation

Olyy honestly those numbers are BS especially compared to everything else he claims. Also now claiming to be a lot younger than previously as well.

 

[Kiwiwomble]

So...

Jacinda Ardern may be under a bit of pressure...

She quit after post pandemic scrutiny, months before her party was defeated, as her popularity nose dived for her authoritarian response to the pandemic, and fled the the US and has flourished in her goal of celebrity.

Now the inquiry want to grill her, shes only responded through a spokesperson, who states she will assist the inquiry and that "she is also happy for the commission to access her previous testimony,"

Let's be honest, there were a lot of western leaders who enjoyed the war time and extended powers bestowed on them, but I'm not sure there were many who enjoyed them more than Ardern, Aus Victoria went a bit off the rails, Treudau maybe.

But its interesting that NZ officials are already looking at options of forcing her return to answer, instead of being confident she will do the right thing.

PS, I don't think theres a lot NZ can do if she remains in the USA. She could return to Oprah and taunt them if she wanted.

shes already said if asked she will give evidence, the inquiry hasn't asked her yet, they themselves have said they are still compiling the list if people they want to talk too

this is the kind of wind up you normally grill other people for

A spokesperson for Ardern said she will provide evidence to assist the commission.

"She is also happy for the commission to access her previous testimony," the spokesperson said.

But the commission said no decisions had been made about who would appear.

"The witness list is still under consideration, and it is not appropriate to make further comment about it at this stage," they said in a written statement.

"The Inquiry will share the witness list and more information about the planned August public hearing in due course."

 

[Ddanno]

BS

Just like everything else he spews. For a self absorbed authority on everything he's dumb as rocks. I just wish we'd stop indulging him.

 

[ncurd]

Olyy honestly those numbers are BS especially compared to everything else he claims. Also now claiming to be a lot younger than previously as well.

Im actually now racking my brains to every successful person I know. And I should bear in mind that some of my friends and colleagues have done pretty well.

My boss owns an Aston Martin Vanquish (but owns one property)
One of my friends went to Oxford in their 60's has two london properties but inherited the second of his mother.
I worked with a guy who rented two apartments he was similar age to me. But pretty much said it was his military career meant it was **** easy to save for a deposit.

So I know one person whos a good friend with three properties. But he didnt get his second and third until his early 50's. He works extremely full time and was on 6 figures by the time he was 40.

 

[dirty harry]

My deposit wasn't gifted I paid my Dad back.

What is insane is I paid him the difference between my mortage cost and my rent which was 300 quid a month.

As I've said before he was able as graduate straight after Uni able to afford a large 3 bedroom house and his wife worked part time. Also had 2 kids. In the mid 80's

I took to my mid 30's with zero kids and was unable to do it until he assisted me.

Who's better with money? Probably me were both shocking at times. Difference is he didnt need to be.

But this is an example of privilege no? You were given a huge amount of money to help with purchasing a property.

 

[dirty harry]

And the people who didn't buy property at the same point in time as you and now have to deal with the sky rocketed prices?

I don't get how you can type that and not see it as a huge issue for the younger generation

Im not saying it isn't an issue, my point is in contrary to the idea that boomers were just lucky and are now hoarding wealth.

They absolutely struggled through hard times, and as evidenced are passing that wealth on through gifts and support to their children.

Im actually a bit surprised this is a controversial opinion, that life in 1980 was difficult.

 

[dirty harry]

Olyy honestly those numbers are BS especially compared to everything else he claims. Also now claiming to be a lot younger than previously as well.

What numbers are BS?

I'll wait...

 

[dirty harry]

Im actually now racking my brains to every successful person I know. And I should bear in mind that some of my friends and colleagues have done pretty well.

My boss owns an Aston Martin Vanquish (but owns one property)
One of my friends went to Oxford in their 60's has two london properties but inherited the second of his mother.
I worked with a guy who rented two apartments he was similar age to me. But pretty much said it was his military career meant it was **** easy to save for a deposit.

So I know one person whos a good friend with three properties. But he didnt get his second and third until his early 50's. He works extremely full time and was on 6 figures by the time he was 40.

It's almost as if, the biggest factor in wealth is age....

Amazing that. Wait another 10 years until gen alpha is complaining millenials and generation z are hoarding their luckily inherited wealth...

 

[ncurd]

But this is an example of privilege no? You were given a huge amount of money to help with purchasing a property.

I didnt say it wasn't infact they may have been entirely my point. I was required to have privilege when my father did not and still couldn't afford what he had despite actually earning more even when adjusting inflation and not having kids. Man you thick which brings us to...

What numbers are BS?

I'll wait...

You're claiming to be 2 years younger than me in you late 30's and yet managed to do things litreally zero of my peers have managed as noted I've racked my brains. And your always full of it on every topic especially with the thing you claim to do. Consdering brain dead you on everything else it doesn't take a genuis to work out it was probably BS.

 

[dirty harry]

I didnt say it wasn't infact they may have been entirely my point. I was required to have privilege when my father did not and still couldn't afford what he had despite actually earning more even when adjusting inflation and not having kids. Man you thick which brings us to...

You're claiming to be 2 years younger than me in you late 30's and yet managed to do things litreally zero of my peers have managed as noted I've racked my brains. And your always full of it on every topic especially with the thing you claim to do. Consdering brain dead you on everything else it doesn't take a genuis to work out it was probably BS.

I dont understand why this post is so emotional, insults, false claims of my age, and an odd claim that noone you know could possibly have invested in property, stocks and crypto in the last 15 years?!

You were incredibly privileged that your father gave you thousands of pounds to help you purchase property, im not insulting you for that, infact its always been a bit of a jealous trait of mine when if have friends inherit or gifted huge amounts of money. Bravo to you, go and enjoy what you have.

Im not late 30s BTW, ive gone 40 sadly, my knees are testiment to that, born in mid 80s, im not sure why my age is any concern? Is this important to you?

What am I full of it on? And what is the thing is claim to do? I am pretty dull on certain topics, take tax codes as an example, i could barely understand the conversation that happened earlier on tax, however I am an expert on certain subjects, which most people are in their field, dont you agree?

But I'll ask again, what was BS about my stats?

 

[Ragey Erasmus]

Yes, deposits are now gifted in more than 50% of kids by an average of 55k...

How do you not see this as generational privilege?!

What are you talking about? From 2008 to 2025 the housing market has sky rocketed, I bought my first house in 2009, at 23 years old, for 80k, with a 5% deposit. That house is now worth 250k.

I bought 3 more properties at an average price of 60k, now all have an average price of 195k. 3 x over a 12 to 16 year period.

My stocks have absolutely exploded from 2010, sp500 was under 1k and now sits over 6k. Thays a 6x increase.

Crypto has gone from Non existent to unreal values, I bought 5 Bitcoin at 285 quid originally, I then sold them at 2800, and rebought 3 at 4k that I still hold.

The last 17 years has been incredibly profitable, property, investments, new avenues, new business start ups have sky rocketed between 2010 and 2020...

You still don't get it do you? Boomers are the ones that had the wealth all go to them and therefore are the ones that can afford to give it out. The next generation REQUIRE this generosity to have a hope of getting on the ladder, Boomers DIDN'T require it to get on the ladder with even a minimum wage. I've already said, can you live on a minimum wage now and hope to have a family? No. Could you during the boomer years? Yes.

Yeah all that lovely stuff for people who already had money in that time, that's kinda the whole point ffs. For those who didn't have money already by the time the financial crash hit, it's been a nightmare. The fact you can't even see that is incredible. You realise everything you've just written then is reinforcing the point I'm making right? If you are coming into the economy post 2008, you've been getting ****** over because prices have gone through the roof whilst having money prior to that was very beneficial.

You don't seem to know what is meant by "positive economically" at all. Housing bubbles and the stock market matter little when people wages are suppressed and costs are going through the roof. You're sat there bragging that you got in before it went tits up and acting like you are some guru. House prices soaring mean there is a shortage of supplies, mortgages having to rise leading to greater mortgage costs and it's a bubble that must burst. That's going to lead to mass negative equity but sure, if you've convinced yourself an unsustainable bubble relating to where people live is positive because you're alright jack then well done.

Also you're telling me you only had a 5% deposit for your first house yet somehow bought 3 more over the next 4 years with no issues? Yeah that doesn't add up. You're talking bullshit. If your first property was well within your affordability, why a 5% deposit? If it wasn't, how did your affordability suddenly quadruple over 4 years? I know one of my peers who could have done that and they earned 6 figures in finance in London. Hell I know people working in F1 and professional racing drivers (not in F1) who couldn't afford 4 properties before they were 30.

 

[dirty harry]

You still don't get it do you? Boomers are the ones that had the wealth all go to them and therefore are the ones that can afford to give it out. The next generation REQUIRE this generosity to have a hope of getting on the ladder, Boomers DIDN'T require it to get on the ladder with even a minimum wage. I've already said, can you live on a minimum wage now and hope to have a family? No. Could you during the boomer years? Yes.

Yeah all that lovely stuff for people who already had money in that time, that's kinda the whole point ffs. For those who didn't have money already by the time the financial crash hit, it's been a nightmare. The fact you can't even see that is incredible. You realise everything you've just written then is reinforcing the point I'm making right? If you are coming into the economy post 2008, you've been getting ****** over because prices have gone through the roof whilst having money prior to that was very beneficial.

You don't seem to know what is meant by "positive economically" at all. Housing bubbles and the stock market matter little when people wages are suppressed and costs are going through the roof. You're sat there bragging that you got in before it went ***s up and acting like you are some guru. House prices soaring mean there is a shortage of supplies, mortgages having to rise leading to greater mortgage costs and it's a bubble that must burst. That's going to lead to mass negative equity but sure, if you've convinced yourself an unsustainable bubble relating to where people live is positive because you're alright jack then well done.

Also you're telling me you only had a 5% deposit for your first house yet somehow bought 3 more over the next 4 years with no issues? Yeah that doesn't add up. You're talking bullshit. If your first property was well within your affordability, why a 5% deposit? If it wasn't, how did your affordability suddenly quadruple over 4 years? I know one of my peers who could have done that and they earned 6 figures in finance in London.

None of this rant made any sense!

Boomers weren't handed money, they only benefited from hard work and dragging themselves out of poverty. You compare minimum wage today to 1980, but employment law was a joke, and people worked for eell below the what, £3 per hour. Like I said, my father spend the entirety of his you life down a mine from 12 years old, until that ended. At its peak he was earning £100 per week, for 7 days.

You keep talking about people 'having' money, 'had' wealth, or that wealth would 'go to them'. Wealth has never been free, its only ever been earned. Why do you believe Boomers were handed anything? They lived off the same 3 meals per week, they shared and borrowed items from neighbours, they endured incredibly hard times, I dont understand why you won't acknowledge that?

You make an incredible assertion that I had money pre market crash, I lived in kitchens lol, I worked 80 hour weeks in mcdonalds, slept in the corrall (bin shed), and had to scrape every penny to get a 5% deposit. I then rented that out and moved to Ireland where I lived in my car working at power stations (money point).

My next 3 properties were a mix of right to buy scheme, Welsh valley terrace and an ex rail house. BTW I picked up a few in recent years, 2 bed terrace for 70k, so dont tell me there isn't affordable housing around.

Most entitled brats who claim they can't afford to buy are looking at premium properties that are out of their limits, they want luxury at 20, and the fact is if you arent where you want to be financially then that's of your own making. It isn't a bad market, it isn't boomers, it isn't Trump, its 100% on you like it or not.

This victim mentality of younger generations is insufferable, viewing previous generations as the problem, the same way generations going forward will blame you for their failings...

 

[Ragey Erasmus]

None of this rant made any sense!

Boomers weren't handed money, they only benefited from hard work and dragging themselves out of poverty. You compare minimum wage today to 1980, but employment law was a joke, and people worked for eell below the what, £3 per hour. Like I said, my father spend the entirety of his you life down a mine from 12 years old, until that ended. At its peak he was earning £100 per week, for 7 days.

You keep talking about people 'having' money, 'had' wealth, or that wealth would 'go to them'. Wealth has never been free, its only ever been earned. Why do you believe Boomers were handed anything? They lived off the same 3 meals per week, they shared and borrowed items from neighbours, they endured incredibly hard times, I dont understand why you won't acknowledge that?

You make an incredible assertion that I had money pre market crash, I lived in kitchens lol, I worked 80 hour weeks in mcdonalds, slept in the corrall (bin shed), and had to scrape every penny to get a 5% deposit. I then rented that out and moved to Ireland where I lived in my car working at power stations (money point).

My next 3 properties were a mix of right to buy scheme, Welsh valley terrace and an ex rail house. BTW I picked up a few in recent years, 2 bed terrace for 70k, so dont tell me there isn't affordable housing around.

Most entitled brats who claim they can't afford to buy are looking at premium properties that are out of their limits, they want luxury at 20, and the fact is if you arent where you want to be financially then that's of your own making. It isn't a bad market, it isn't boomers, it isn't Trump, its 100% on you like it or not.

This victim mentality of younger generations is insufferable, viewing previous generations as the problem, the same way generations going forward will blame you for their failings...

Riiight. So you barely scraped together the funds to get a mortgage for a property to rent out, even though rental mortgages don't accept 5% deposits, did 80 hour weeks in McDonalds even though they don't offer those sort of times. You then somehow trebled / quadrupled your salary to put another 3 properties within the affordability to get mortgages for them and simultaneously saved up the deposit for them, all the while also investing in the S&P500.

You are so full of it. I'm amazed you keep on when it's clear your talking out your arse but I guess that's just how you operate.

 

[dirty harry]

Riiight. So you barely scraped together the funds to get a mortgage for a property to rent out, even though rental mortgages don't accept 5% deposits, did 80 hour weeks in McDonalds even though they don't offer those sort of times. You then somehow trebled / quadrupled your salary to put another 3 properties within the affordability to get mortgages for them and simultaneously saved up the deposit for them, all the while also investing in the S&P500.

You are so full of it. I'm amazed you keep on when it's clear your talking out your arse but I guess that's just how you operate.

Im not sure if this comment is made through ignorance or privilege, I suspect both.

The denial that 95% mortgages exist, or that mcdonalds would have ever exploited young workers willing to start at 6am, work through the day, and night, close and then return for the open the morning after lol ill defer to any poster here who has ever worked in Mcdonalds to confirm that was a thing lol.

Im happy for you to have not experienced these things, they weren't particularly great times lol, better than labour work in the winter to be fair.

 

[Ddanno]

Compulsive liars always get found out because they can't keep track of all the lies they tell.

 

[Ddanno]

******* sausage fingers. Why has this invite been extended

Trump will be hosted by King at Windsor during second state visit

The US president will be accompanied by his wife, Melania, when he visits the UK from 17-19 September.

www.bbc.co.uk

 

[Which Tyler]

Compulsive liars always get found out because they can't keep track of all the lies they tell.

And yet, so many people keep engaging, and giving him what he desires

 

[ncurd]

I bought my first house in 2009, at 23 years old, for 80k, with a 5% deposit. That house is now worth 250k.

Im not late 30s BTW, ive gone 40 sadly, my knees are testiment to that, born in mid 80s, im not sure why my age is any concern? Is this important to you?

Let's do some basic maths

2009-23 = 1986
Its 2025 so that makes you 39 at the oldest. Off chance you were born in 1985 having bought the property before your birthday and its already been this year but that's not gone 40 that's just turned 40.

Im just pointing some pretty basic inconsistencies in your story. Im also 40 (1984 birth) so know pretty much exactly the financial conditions your claiming to have prospered in. Like I say I litreally know no one who prospered in your way.

 

[Saintjay]

Could we set up a forensic audit of forum members bank accounts thread?

 

[Which Tyler]

Could we set up a forensic audit of forum members bank accounts thread?

Expect Saracens fans to boycott that suggestion