Cable Forum - View Single Post - Over 60s Should Be Encouraged To Downsize

**Damien** · 20-10-2011, 16:14

Another thing seems to be the older generations benefited from getting there first. Being part of an era where it was a lot more feasible to buy properties as an investment and then watching as limited stocks meant the value shot right up and put the idea of owning a home out of reach of the generations that follow...

Maybe that's just me being blinded by my own personal interest but the whole thing seems immoral and unsustainable. I wouldn't go so far as too tell people that their homes are too big for their needs and they are obliged to downsize but we really should do something about people who see property as route to the rich life and screw society.

20-10-2011, 16:14	#43
Damien Remoaner Cable Forum Team Join Date: Mar 2004 Posts: 32,781	Re: Over 60s Should Be Encouraged To Downsize Another thing seems to be the older generations benefited from getting there first. Being part of an era where it was a lot more feasible to buy properties as an investment and then watching as limited stocks meant the value shot right up and put the idea of owning a home out of reach of the generations that follow... Maybe that's just me being blinded by my own personal interest but the whole thing seems immoral and unsustainable. I wouldn't go so far as too tell people that their homes are too big for their needs and they are obliged to downsize but we really should do something about people who see property as route to the rich life and screw society.