Quote:
Originally Posted by Traduk
Lets have a real debate. Should I re-read the Fourth Turning to find out who wins the intergenerational battle. The younger cohort have the reigns of power from the greys now but the poor little lost souls haven't a clue what to do with them  . Greys still hold the money so the new boys on the block operate by proxy. It's only a game of strategy like chess and your lot are certain winners when all our pieces fall over  In the long game you cannot lose and we cannot win. |
We don't have the reigns yet, not until more of your lot shuffle off the mortal coil (I'm not wishing you an early death by the way!), and sadly due to a huge amount of immigration to balance out the generations the political landscape in my cohort is a mess, with large swathes wanting to dip their hands into my wallet.
---------- Post added at 10:50 ---------- Previous post was at 10:48 ----------
Quote:
Originally Posted by Traduk
[I have sympathy with the need to follow the money but it is the modern way and fortunately although my horizons had to become extended they did not require physical relocation. I still work, of sorts and would rather not go into to detail, but thanks to the internet my activities are in the USA courtesy of electron flow. IMO the key to get money to flow to an individual wherever they are, is electronic.
Not intended to be a low blow but on second reading could have been seen as such. Sorry about that. I do sympathise with your position as you are where I have been so often and that is between a rock and hard place. You obviously earn good money but to be physically where your talents can be maximised, it costs good money to live. A very unpleasant catch 22.
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I have some ideas actually sir, they do require some sacrifice on my part though, going to have to drop my OU course for another year and collect some industry certification to improve my earning power in a slightly different field. Not happy about it but needs must.
---------- Post added at 10:58 ---------- Previous post was at 10:50 ----------
Quote:
Originally Posted by martyh
That may be the case in London but elsewhere they are starting to fall
http://www.thisismoney.co.uk/money/m...#ixzz1bbiBw2nC
Also you have to remember that any profits from the sale of a house due to downsizing are worth much less than they where 20 yrs ago , this chap has a interesting take on the problem ,he argues that because of the devaluation of sterling house prices have actually fallen 70%.I'm not saying he's right or wrong in his assessment i'll leave that up to the experts but it is a different way of looking at it |
I dunno, even with the losses dealing in real terms it's not a bad story. We can talk about ounces of gold and their value all you want, that's more about the appreciation in the value of gold than sterling and unless you're planning on selling a house and investing all the profits in gold entirely irrelevant. I'm pretty sure I could buy less nuclear weapons for the prices of an average house than I used to be able to back in the cold war era when there were 25,000 of them knocking around, it's not really relevant.
This however is. Inflation adjusted, and of course it should be remembered that people downsizing, err, kinda need to buy another home whose value will likewise fluctuate.
