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Re: Fertility rate: 'Jaw-dropping' global crash in children being born
Quote:
Originally Posted by Chris
Much of it is locked up in property. Boomers made their way up the housing ladder with relative ease, as high inflation reduced the value of their mortgages even as their endowment policies bloomed. As those policies neared maturity, many of their holders voted to demutualise the building societies that issued them, taking in some cases huge profits, paying off their mortgages and in some cases using the substantial excess money to get into the buy-to-let business.
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Mortgage rates went through the roof in the 90s and endowments bottomed out and didn't reach anywhere near their predicted amounts, someone has mis sold you a crock of shit.
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To be or not to be, woke is the question Whether 'tis nobler in the mind to suffer. The slings and arrows of outrageous wokedome, Or to take arms against a sea of wokies. And by opposing end them.
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