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A Political Thread pt. 2

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.
There was a pretty big clue in my comment, about being 40, no audit necesary.

So you're telling me, purchasing a property in 2009 is well beyond the scope of possibility for someone our age? Is that really your claim?
 
Calling BS on that. Even in the 80s Miners were earning far more than that a week.
Im guessing you havnt had miners in the family, my old.man used to tell me about earning £8 per week in the 70s, and how by the end of the 70s it was at a miraculous £18 per week. Infact he blamed the strike in the middle 80s for me being born, no TV and no job to go too lol.

The NCB reported that the national average salary for miners early 80s was £138. South Wales miners generally didnt earn that.
 
I don't know why you doubt that people can buy a couple of properties till the age of 40. If it's not extremely expensive (or the person had an opportunity to buy it at a very good price on time), if the person earns enough, then it's possible. I'm 33 (turning 34 this year) and I have a couple of properties in 2 different countries (the one where I live now was bought at an incredibly good price during peak of Covid,now its' approximate cost is x4) . And I'm not super rich,nor a genius
 
Im beginning to wonder if most of Harry's post are AI generated. Like Im sure its a human operator but the amount that is wrong but gives off the veneer of being right like AI results do.

Name me a wrong, you all whine, complain, and rage hysterically with name calling, abuse, claims of falsehoods, but I'm yet see where above ive been proved untruthful.

The NCB reiterates my claim on mining earnings in the 80s, ive used numbers to prove that Gen Z doesn't have life harder, and that they are benefitting from Boomers wealth, and there has been plenty of chances for economic positivity over the past 30 years.

Every generation goes through struggles, every generation get privileges, to compare and denigrate one as societies problem is stupid.
 
I don't know why you doubt that people can buy a couple of properties till the age of 40. If it's not extremely expensive (or the person had an opportunity to buy it at a very good price on time), if the person earns enough, then it's possible. I'm 33 (turning 34 this year) and I have a couple of properties in 2 different countries (the one where I live now was bought at an incredibly good price during peak of Covid,now its' approximate cost is x4) . And I'm not super rich,nor a genius

I think there might be some confusion in his claim to be honest, im struggling to believe someone can think this absurdly successful.
 
I don't know why you doubt that people can buy a couple of properties till the age of 40. If it's not extremely expensive (or the person had an opportunity to buy it at a very good price on time), if the person earns enough, then it's possible. I'm 33 (turning 34 this year) and I have a couple of properties in 2 different countries (the one where I live now was bought at an incredibly good price during peak of Covid,now its' approximate cost is x4) . And I'm not super rich,nor a genius
But you're not a compulsive liar, troll, or total ****, so it's believable.
 
I don't know why you doubt that people can buy a couple of properties till the age of 40. If it's not extremely expensive (or the person had an opportunity to buy it at a very good price on time), if the person earns enough, then it's possible. I'm 33 (turning 34 this year) and I have a couple of properties in 2 different countries (the one where I live now was bought at an incredibly good price during peak of Covid,now its' approximate cost is x4) . And I'm not super rich,nor a genius
UK property affordability is significantly worse than almost all of Europe,
I think London is the worst city in Europe and the UK, averaged out, is only beaten by the Netherlands

For example average house in the UK is 8-10 times the average wage, average house in Poland is 4-6 times average wage

If you also factor in rental prices (as that effects saving power) then uk is 45-55%, on average, of salary going on rent - Poland is 25-35% (this is averaged out average vs average, London is significantly worse - 70-90% of salary on rent, and I imagine the same can be said comparing rents in Warsaw vs rest of Poland), and then things like energy are twice as expensive in the UK etc.
 
UK property affordability is significantly worse than almost all of Europe,
I think London is the worst city in Europe and the UK, averaged out, is only beaten by the Netherlands

For example average house in the UK is 8-10 times the average wage, average house in Poland is 4-6 times average wage

If you also factor in rental prices (as that effects saving power) then uk is 45-55%, on average, of salary going on rent - Poland is 25-35% (this is averaged out average vs average, London is significantly worse - 70-90% of salary on rent, and I imagine the same can be said comparing rents in Warsaw vs rest of Poland)

But these are not honest stats are they? Using the bubble that is London and then using average salaries vs average house price when these are not comparable.

A middle aged person on an average salary isn't buying their first home at the national average price lol.

Minimum wage vs low end properties is a far better comparison, because thats who are struggling the most. and in south Wales this ratio is between 3 to 4 times. That stat is imminently affordable, you can find 2 bed homes within commute of Cardiff centre for less than 80k which is what 3 times minimum wage, probably a touch more.

Infact, having a 5% deposit on an 80k house, earning minimum wage, over 25 years and a bad mortgage rate of 4.5% still gives a mortgage payment of around 25% of monthly income.

EDIT: rate would probably be more like 5%, making the monthly % of more like 30%.

Im willing to bet, London aside there are alternatives in pretty much most major cities around the UK.

There is a dirty word younger people today hate, its sacrifice. When i bought my first place i had 2 people renting the other 2 rooms, i had to renovate without spending money, i reclaimed things I needed from the local tip lol.

And that's what people are forgetting about Boomers they shared with each other, they borrowed, they fixed clothing, and they refused to spend frivolously, that's why they have wealth.
 
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Im guessing you havnt had miners in the family, my old.man used to tell me about earning £8 per week in the 70s, and how by the end of the 70s it was at a miraculous £18 per week. Infact he blamed the strike in the middle 80s for me being born, no TV and no job to go too lol.

The NCB reported that the national average salary for miners early 80s was £138. South Wales miners generally didnt earn that.
So average salary was £138. That's without apparent additional 2 days overtime but your dad only got £100 for 7 days? Also please point to where miners in South Wales were paid less given there was a national union that represented everyone?

Again BS. I was 9 during the miners strike and lived in South Derbyshire so it was all around me. My uncle was a miner in South Yorkshire and the only people who got that kind of wage were the canteen workers or possibly the pit top labourers but even then that was before overtime.
 
There was a pretty big clue in my comment, about being 40, no audit necesary.

So you're telling me, purchasing a property in 2009 is well beyond the scope of possibility for someone our age? Is that really your claim?
Yeah you implied you were well past 40 not literally turned 40 in the last 6 months. And pretty much got found out. You've also implied heavilly in several post your not Millenial and yet you are one.

Also talking about "younger people" at 40 is hilarious. And your doing it all over the place.
I don't know why you doubt that people can buy a couple of properties till the age of 40. If it's not extremely expensive (or the person had an opportunity to buy it at a very good price on time), if the person earns enough, then it's possible. I'm 33 (turning 34 this year) and I have a couple of properties in 2 different countries (the one where I live now was bought at an incredibly good price during peak of Covid,now its' approximate cost is x4) . And I'm not super rich,nor a genius
Olyy has explained other countries. But we are talking a level of financal knowledge in the UK where I and zero other posters know anyone whos claiming to own this amount of property by his supposed age. He did this I remind you whilst working a minimum wage job that does not offer the hours he was suggesting and living out a car while owning a property.
 
So average salary was £138. That's without apparent additional 2 days overtime but your dad only got £100 for 7 days? Also please point to where miners in South Wales were paid less given there was a national union that represented everyone?

Again BS. I was 9 during the miners strike and lived in South Derbyshire so it was all around me. My uncle was a miner in South Yorkshire and the only people who got that kind of wage were the canteen workers or possibly the pit top labourers but even then that was before overtime.

Calling BS on that. Even in the 80s Miners were earning far more than that a week.

Hahaha come on dude, your arguing for the sake of it. Mining was slave labour essentially, until the strikes then it all but died out. Unions managed % massive pay rises in the 70s, but going from £6 to £18 and then working your way up to £100 per week, and let's say that rose to £138 at one point after 1980, your squabbling about pennies, and blaming the generation earning it for hoarding all the wealth hahaha.

Have some perspective
 
Yeah you implied you were well past 40 not literally turned 40 in the last 6 months. And pretty much got found out. You've also implied heavilly in several post your not Millenial and yet you are one.

Also talking about "younger people" at 40 is hilarious. And your doing it all over the place.

Olyy has explained other countries. But we are talking a level of financal knowledge in the UK where I and zero other posters know anyone whos claiming to own this amount of property by his supposed age. He did this I remind you whilst working a minimum wage job that does not offer the hours he was suggesting and living out a car while owning a property.

Where did I imply I was well past 40?

Your not claiming there are no younger people than 40 year olds are you? 30 is a younger person to 40, so is 29, 28, 27, 26, 25... need i go on?

This highlighted is a bit embarrassing... are you claiming no company would use young workers illegally? I bet you think there was great working conditions also, never intimidation, harassment or workplace bullying. I'd like to live in your coddled world I really would hahaha we all just danced around with Ronald, holding hands and singing while producing top quality food that never got messed with hahaha
 

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