Start? Read comments section from boomers in any Mail Online article about this. Most are boasting they had it best. Then they are also boasting they had it hardest, and finding a way to ensure smugness and pride somehow don't contradict each other.
"they don't want to sit in and save for four solid years!" If I could afford a house with four years of savings I'd be dancing. Millenials have been saving for a decade and are still no closer.
Maybe if we hadn't increased our population by 10 million over the last 25 years, strain on housing would have been less, and house prices would have been lower.
@@johnmalin1676then the economy would be far worse than now which would mean lower wages and higher unemployment, not really a solution to anything is it. By the way would you have a limit to population size and enforce it by throwing newborns in a dumpster?
The living wage is far higher than it was. She is right. Young millenials want spend 3 to 5 quid on a starbucks. Pensioners never threw money away like that. I see some pension haters. Stop whining, stop wasting and start saving
@@MrKarlyboy And yet those wages are still far lower relative to costs of living such as rent, utility bills, council tax, food, and transport. And assuming your attrocious generalisation is correct and these Millenials are buying a Starbucks every day (as a worst case scenario, £5 per day), that's £35 a week which is £1820 a year. So to save for a £10k deposit on a house (not unreasonable when compared against what a lot of boomers will have paid "back in the day"), it will take about 5.5 years...HOWEVER, with the continuing rise in house prices prices, by the time they reach that 5.5 year mark, the house prices will have risen even further. Add to that, with the constant rise in rents and food/energy bills over that same course of time, those millenials will most-likely not even be able to afford the Starbucks anyway and the money they would have spent on this hypothetical daily Starbucks will just be swallowed-up by bills, which renders the notion of "iF OnLy ThEy DiDn'T bUy StArBuCkS" meaningless. All that aside, what statistical/factual evidence do you have that "Young millenials want spend 3 to 5 quid on a starbucks" do you have?
the point she's making is she is wealthy on paper but all of it is illiquid. Downsizing also tends to be bad financially when you might want to pass the house on to family or use it to finance care home expenses later down the line. This isn't quite as simple as you think it is.
@@Ookalaableno the point she was making was around migrant crisis originally and the money being spent on it. Anyway, she even says she doesn't need the winter fuel payment. From what she says in the call, her financial status is fine. The argument really here is we shouldn't be giving money to people who don't need it. It's a waste. Means testing it is the fairest way.
Pat says, "I don't care that I had it easier than you did and the houses were eight or nine times cheaper. This mess you young people are having to live with is starting to affect me and I don't effing like it! I'm a pensioner. I shouldn't have to deal with the same things you young people do!" Behind pensioners like Pat I can see exactly why so many people would dislike them. She's insufferable, selfish , and ignorant! The absolute nerve of her to blame young people for things that the politicians (many of which that are probably from her generation) have done to them!
...The same politicians that many of them have been voting for all along. ..............The same Brexit that they likely voted for without caring that the ramifications would hit the young the most.
When we were young we weren't out clubbing we didn't have the money.We scrimped and saved to buy a 2 up 2 down, not a 3 bed semi . We started at the bottom and worked our way up.
Agreed - £50,000 ( 15% interest she will have paid way more over the term of the mortgage ) and there is a cost financially and emotionally for her in downsizing. Pat quite likely wants to stay put so that when she passes from this life her children will inherit ( house prices still rising ) so she wants the government to help finance her staying put. It`s always easier to hand out money universally than it is to take a payment back - I am happy to NOT recieve the winter fuel allowence and those eligible for Pension Credit need to get proactive and claim. Way to go Pat she`s not making the rules....
@@pamvarnsverry2444 I mean, I know for a fact that one can put away 400k and recieve a tax free income of about 20k a year (plus the state pension) without eating into the balance if its invested properly. So a 500k flat that will increase in value, 400k cash at least, shes got plenty to pass on - she should be more concerned about Inheritance Tax reforms than 200quid for energy!
@@firebyrd437 She is through, apparently 500k for a flat after selling her 900k house is unacceptable to her. Its the same with our two sets of parents; they really COULD downsize if they really wanted to and free their large houses for a family that needs the space, regardless of price. And they talk the talk like they want to, there's literally nothing stopping them but themselves.
I am a pensioner with a comfortable private pension as well as state pension. Why should I be given a bus pass and a fuel allowance which I don't need, while young people are struggling to feed and clothe their children. We pensioners are the richest demographic in the UK. It's not our fault that we profited from the easiest lifestyles in recent history, but the fact is we did.
Brian, you may not need a bus pass or winter fuel allowance, but for that statement you deserve a Knighthood!! Thank you for being the voice of reason amongst your peers!!
@@sargonsblackgrandfather2072 When they talk about means testing the state pension, I'm not sure how they can do that. Regardless of how rich a person is, they still paid their Ni,
@@janmariablackwell8138 yes I’m against means testing state pensions, it’ll just help rich people argue against paying into universal programs they don’t use/need
If someone buys coffee out 5 times a week (assumed price of £4.50) and decides to stop and save that money for 4 years, they’d have approximately £4680, which is approximately 16% of the £28500 required to have a 10% deposit for an average priced house in the UK. It’s not disrespectful to pensioners to claim that they are totally out of touch with reality.
You lot are just jealous, if you and your partner are on 30 grand a year each and you can't save up 60 grand over 4 years that's on you, you just dint want to sacrifice, there's alot of average people who set their mind to it and buy a house.
28500 deposit. So that person is earning £57000pa... What are 2 warehouse workers(example) to do on their poultry 40k combined? Not everybody can be earning 57k, people must do low paid work else we all break down, but they arnt allowed a house and nobody thinks of them or the reprecusions. All low paid workers move up north! so who stacks shelves down south? Who cares for the elderly? Who is the nursery nurse or teaching assistant. Everyones delusional
@@kaikai-pb7fh Those people that "set their mind to it" are generally able to do-so because of either: a. They stay living with their parents into their 30s so they can buy their own house b. They get help financial help from their parents in the form of a cash gift/loan for the deposit c. They inherit their parent's house anyway d. a and b put together
@@annmcevoy5686 - Yes...... The deposit......... The equivalent of that would mean a young person having to save nearly 10k per year on a minimum-to-everage income....... That's completely unachievable. You are so economically detached.
@@airfixx_8952 so what you are saying is all things are relevant... is it really our fault that the prices gor a house are out of your league? Give me a break. There are so many factors to take into consideration. Gentrification brings its own cost.lots of young people were priced out of their area during this period, i know because i was there. Especially around docklands. Elderly moved out to the suburbs, young people priced out of the new builds. Money people moving in... so please dont talk to me about unfair... its all relevant, we all suffer, not just the young.
ok class, lets go over this again *stagnant wages + rising prices from food to rents to transport + sabotaged public services + high tax on the lower/middle classes and 'less than honest' people incharge = no money left over with which to save*
@@annmcevoy5686 2 party, first past the post no longer working. Need to investigate introducing Citizen Assemblies or a PR system similar to Scotland where parties have to work together (in theory).
Exactly! Our landlord bought their house for under 90,000 about 20 years ago. Now it's worth around 400,000 and this is not a big or luxurious house it has two bedrooms and a box room. That is just a ridiculous increase, and it's far from the worst example.
She wasn't responsible for the market increase, either. Better to direct your (envious?) opinion at those actually responsible than those you are encouraged to blame.
You are correct she wasn’t responsible . That is property developers who fund a certain political party to encourage restricted building to keep prices and profits healthy. Why was stamp duty reduced for secondary homes during Covid ? Builders weren’t working . It was to make sure house prices stayed high. For balance I benefitted a lot personally from this move by Sunak. So no envy here. This lady is complaining she doesn’t have the money . If the young can’t afford a house they don’t buy it. In equal measure if she can’t afford to live in that house then sell it. She complains of high interest rates which were for a short period decades ago. Those rates have little relevance or can compare to the impact of increasing previously lower rates on the ridiculous ratio of income to prices in today’s house price market.
@@rb1062 But she is directly blaming the 'young' of today for not being able to save or not working 'hard enough'. It's not 'envious' to point out all the advantages her generation had when she's ignorant and spewing forth 'avocado toast and coffee' cliches. She's not immune from criticism.
@@OKnotOK09 I agree with your point and didn't appreciate her attitude, either. However, these people are a generation who only took the opportunities they were given. That generation includes my parents. They committed no crimes so find it baffling why people are so aggressive towards them. Government (and EU) policy drove house prices sky high - not the 'boomers'. Property speculation exploded. When I sold my flat during the Nu Labour era, 90% of my viewings were buy to let. And my property increased four fold. Was that my fault? Believe it or not, I did feel saddened that a 25 year old like me would struggle to buy the flat as I has done. I am as alarmed by house prices as anyone else but, at least, putting the blame on those who are really to blame.
Pat doesn't think it is fair that she should move to a cheaper part of the country but thinks it is fair that younger, working people should despite the fact that their work might not be in that area.
Because that has been her family home for decades and the inherant cost financially and emotionally of downsizing - if she stays put there may be ( in her mind) more for her children to inherit when she dies. Of course she possibly is ignoring the loss from inheritance tax ( which sounds like it could be quite substantial) she just wants the government to pay that bit extra to keep her comfortable plus she has her support from family close by. Up sticking and moving across country to where you know no one is daunting for a young person who is moving to a job but to move later in life takes way more nerves of steel for some.
She'll be the first to moan when there's no Nurses or Paramedics or other NHS staff because they've all moved up North where apparently the cost of living is 10 times less (news flash, it's not, it's less, but not 10 times less, not even half)
And let’s be clear the idea of it being cheaper so it’s easier to pay for things isn’t true either because the salaries are also less! You aren’t gonna get London average salaries in somewhere like Blackpool. If it was simply costs that were lower up north then the north would be flourishing when in reality we all know it isn’t.
Better idea would be to pay her son to build a granny flat so she could look after her grand children and keep the rest fir herself. It's a win win really.
@@MrPutin-e7vshe paid 50 grand for it. Someone who is asset rich and cash poor is still rich. If she needs cash she should release some equity from her 900k house.
What planet are you on! Just rude to a hard working elderly person. Just about sums it all up...go for low hanging fruit. Perhaps some younger people would do well to have fewer holidays, buying expensive festival tickets. Buying designer watches, going out for coffee... the list goes on. Lbc is so left it hurts! ..... by the way the gentrification of london is whats causing the hike.
I can't believe she just explained why it was unreasonable to ask her to move somewhere cheaper... then a mere few minutes later asked that of young people. What a horrible self interested person.
Wasn’t get on your bike Tory policy/ commentary? Always about others. The young are expected to move from family, but others not. Are there many non means tested benefits applicable to all age groups? State pension is one. Asking as I don’t know. The only other one I can think of is child benefit, and that has a cap. This is done through tax return. Why not do this for pensioners for the heating allowance?
We had to move away from our families to be able to purchase. There are plenty of properties on the market for between 20-100K if young people are willing to get off their butts.
@@KimThomas-vp4vmthat's the point, if Pat's grandchildren followed her advice, they would move far away from her. Something she clearly doesn't want to happen. She wouldn't move to a mansion in the North, because she wants to stay near her family. If Pat's right and gets her way, she will pass away alone on the bathroom floor with her family, hundreds of miles away, finding out via phone from a poorly paid foreign care worker.
@@inpinm1235 In different counties. The last one that I looked at was £100,00 3 bed large garden etc in Norfolk. Up north you can get houses for £30.000+
Pat has pointed out the flaw in Tom's argument, and he doesn't even attempt to explore it. People can live in properties worth a million pound in the south east, and still not actually be wealthy. The only way to gain wealth from that would be to move. If you want to remain in the south east, its going to cost so much to move to another property that million pound property is just a house swap token. Wealth should not be defined through a single asset that is a necessity, it should be defined through non essential assets and savings.
@@garyh183Not really. He listened. He understood. He just thought that there are others to be considered who are much worse off. The solution is to tax the filthy rich.
@@mandyharewood886 yes he listened, then didn't even attempt to define wealth. And then the only definition he gives; "someone who owns an asset of over a million pounds" is completely refuted by the argument she made about the prices in the south east. As I just said, wealth should be defined from disposable or non essential assets. Not from an asset you own that just happens to be worth a lot because of the area its in.
Pensioners gave us Brexit, 14 years of Tory rule and kept telling us if we want to buy a house, stop going to starbucks. As far as im concerned, taking away the allowance from pensioners not claiming benefits is simply balancing the scales after decades of them getting everything free/on the cheap whilst trying to pull the ladder up behind them. What's the matter, can't go to your holiday home in Benidorm anymore? Most of us lot will never own their own home thanks to choices you made at the ballot box
Many young people have come to the realisation that the conventional expectations of the past are out of their reach and are living for today, not buying coffee and not having a holiday once a year isn’t going to alter their predicament
@@johnpatrick1702 yes, go to a pub for lunch on a weekday or a garden centre on any day and you'll bring the average age down by 40 years. I see more pensioners eating out than I see youngsters drinking coffee, that's for sure.
Or their overseas holidays (plural). My father is complaining (he would though, he was a Reform PPC) because he's losing his winter fuel allowance.... He has 4 cars, a motorbike, no mortgage, income from 2 properties that he owns and rents out, oh and a pension that pays more than my Band 6 NHS job..... But by jove, that Starmer expecting him to freeze this winter 🤦🏻♂️🤦🏻♂️🤦🏻♂️
Sounds like my parents. My parents were working class Lancashire people. They had to borrow money to buy their first house for £13 k. They sold that house 4 years later for £75K and 2 years later sold their £75k house for £150k and so on... It took my parents less than 20 years to fully pay off their mortgage and cash buy a house for £thee quarters of a million and they always believed or convinced themselves that they worked really hard for that... they didn't. My dad had a 9-5 semi professional jobs. My mum was a stay at home mum till we left school. They never altered or improved the houses they purchased. In the here and now, can a first time buyer double or quadruple the value of their house in the time it took my parents? My parents were born at the right time for making huge investment from property, but try telling them that, they tend to get very offended.
@@watchflexwatchflex5956 Oh I don't punish them, but I don't appreciate their mindset about the younger generation and how they don't work hard enough or save hard enough.
@@rb1062Well, it is still a matter of fact that they benefited hugely from the market condition and somehow still think they’re “poor”. Someone must be earning a lot from high house price, who? The owners. And they’re also majority of the ones stoping the building projects in their neighborhood because “it ruin their landscapes” or sth.
@@rb1062The nimbyism is popular among older generation with houses already, and propel the government to block those building projects, suppressing the supply of houses and raising the value of existing houses because there’re more natural landscapes, therefore raising the prices of housing.
You didn't save for your pension and bought a house. Sell house for 900k. Buy a flat for 400k. Pay 4k/year for service charge. You have enough to pay 125 years of it. Lady economics.
So pat expects us to believe she got a 60k mortgage on a salary of £1,000 She expects us to believe that she was given a mortgage SIXTY times her salary? Something ain’t adding up
He's completely wrong too. The UN convention on human rights recognises that asylum seekers will often need to enter countries through unconventional means. Once they are here if they claim asylum they are here legally.
Consumerism is now what drives the economy . The young didn’t change the economy to that. If we allsaved and stopped spending the tax take would plummet and public services would collapse.
The old lady forgets when she was younger 45 years ago she was driving the economy under Thatcher's consumerism now she's having a go at younger people for doing what she did the hypocrite
Exactly! Imagine if Pat got her wish and all these "young people" stopped drinking coffee and stayed home, never buying anything, to save for a mortgage deposit. Mass business closures=mass unemployment, which of course includes the "young people" that Pat detests. Then when nobody can afford any kind of property, whether renting or buying, the housing market collapses and..oh dear...Pat's house isn't worth 900k any more! Well-done Pat.
@@alanrogers9597 That's the point that Pat is ignorant of though isn't it? She thinks she's earned her pension through her NI contributions, but that's not entirely how it works. It's not the amount paid in, it's the number of payments.
One of the old ladies I work for told me that if they take her winter fuel payment away then she won't be able to afford to steam the hay that she uses to feed her horses (plural) 🤷♂
Imagine being the children of the greatest generation and spending your whole life misinterpreting the respect and gratitude given to them as merely age related. Then you spend your whole life basking in the glorious sunshine of your parents’ achievements; small class sizes, NHS, vaccine programmes, cheap housing, cheap travel, peace in Europe, access to contraceptives, cashing in all the public utilities, ignoring climate warnings because you can be the first generation with two cars, final salary pensions… Then you get to pensioner age and start voting for the party who cuts the services for the young folk and protects all the pensioners - you become the only age demographic whose income increases in real terms in 14 years. Your benefits are paid for by just two younger full time workers (strangers) who can’t afford a house or to start a family, who have debt from university, uncertainty in the job market, don’t know their GP, can’t get an NHS dentist - but they’re paying for your lifestyle. And you know what makes you maddest? Where is the respect for the elders gone? You gave it to your parents from the ‘greatest generation’ and now it’s your turn. But somehow these younger generations seem to resent you and that makes you furious. And maybe, just maybe, you start to think about your legacy. What if you’re about to go down in history as ‘the worst generation’? Or ‘the entitled generation’. Or ‘the selfish generation’. What if folk stories for decades to come will tell of how the children of the greatest generation ruined it all. Not immigrants. You.
"And maybe, just maybe, you start to think about your legacy. What if you’re about to go down in history as ‘the worst generation’? Or ‘the entitled generation’. Or ‘the selfish generation’. What if folk stories for decades to come will tell of how the children of the greatest generation ruined it all. Not immigrants. You." There is no evidence that the majority of boomers are selfish and do not care about younger generations. "... who can’t afford a house or to start a family" The young people of this country have plenty of grievances and if they do not want have children until they make a certain income then that is absolutely fine. That being said they can afford to start a family given that in Niger( the 5th poorest country in the world) the average has about 7 children. Moreover in the UK the birthrate amongst minority groups is above the replacement rate so you are wrong on this point.
Don’t fall into the trap of hating/blaming pensioners, there’s loads of them living in abject poverty too. Remember it’s the super rich who have stolen the wealth of us all and they’d like nothing more than dividing us.
It's not illegal to claim asylum, no matter how people get here. Asylum seekers can't claim benefits when they come here. They're given around £5 a day. Pat is a part of the "If i had to suffer back in the 70s, they should suffer now" crew. Personally, i want young people to get ahead, to be able to buy a house and have more than i had. The word selfish comes to mind when you hear Pat talking quite bitterly about other peoples struggles. We live in a different era, and Pat should get with the program. I bet she voted Tory. The 2nd caller probably did, too.
Yeah she is not the smartest at all! The people that come in pay more into the country than they take out thats a fact. You older people got homes in london for 15k and now they are worth upward of 500K but even with all of that you still want us young people to work and also heat your home, the same home we can never hope to own? I will say no thank you mate.
The problem is that too many people hate it when a benefit they've been given is removed. The woman doesn't realise she is well off. A house worth nearly a million...?
But she isn`t - assett rich cash strapped - those due to inherit upon her death will benefit from her decision to buy her own home after the gov had taken a large bite via Inheritance tax.
@@pamvarnsverry2444 If anyone chooses to continue to live in a million-pound home even if they need the money to live comfortably, that is their choice.
Why wouldn't they be after working for 50 years. You no doubt want to steal all their money to pay for your avocado on toast & £10 lattes. Here's an idea , work for 50 years & pay taxes & Ni for 50 years & enjoy your last few golden years on the fruits of 50 years hard graph.
@@stuartregan1627 Avacodos are actually quite cheap and a nutritional calorie dense meal. Plus I like instant coffee. You've clearly been watching GB news
@@samuelstevens248 I watch all news networks. Even lefty channel 4 but that's not the point. The point is people that work hard for 50 years have a better retirement than those that don't & that's right & proper. . The harder you work the more tax you pay so it's a win win . That's how capitalist country's work . The harder you work the better your lifestyle.
We need to stop calling them hotels, they're not, they're not even hostels. Prisons have better conditions. And why do we have this problem? Because the Tories stopped processing claims properly and created a backlog.
Not all pensioners are the same, there are those of us who have humanity and compassion. I worked in homelessness for over thirty years, I saw peoples quality of health, and personal income, decline; and poverty and homelessness rise exponentially. So I saw first hand, peoples suffering and exploitation, and my heart broke for them, it still does, and it always will. So please do not tar us all with the same brush.
Regardless of her other points she did say she doesn't need the payment but she did know others who did. She may live in an expensive property that she bought and paid for but it's not a liquid asset either. It's certainly not her fault that today, younger people have problems. They are saddled with huge student debt and often struggle to get well paid work. She didn't cause that, successive governments did
@@firebyrd437 pensioners who are asset rich and cash poor are still rich. They can equity release money out of their homes to top up their income if they need to but don't want to cause they want to leave it as inheritance. The (young) tax payers are then expected to pick up the bill.
Does pat think.she deserves free money when she is worth over a million quid She benefitted from a golden time in Britain and thinks she is where she is purely because of her graft. Jesus. Means test everything for pensioners if her attitude is the norm
I'm sick of these boomers telling us they worked hard and blah blah blah. We also work hard, if not even harder and are more ambitious in general. If you can't see that despite the hard work, saving etc, most people still cannot buy a house worth 900k
You lot don't work hard,you work from home,4 day weeks coming in,I worked 6 days a week 60hrs, to get on the housing market, couldn't afford a washing machine,weekly visit to the launderette, now it's I can't move into a new home if it isn't fully furnished with a 6t inch oled tv,must have sky tv and Netflix, plus my new lease car,my first car was a 10 year old vauxhall viva, I remember needing 4 new tyres,didn't have any spare cash,so sold a gold chain bought for my 21st by my parents,you youngsters are spoilt and expect help with everything.
@@geoffwalmsley3066if you think that's the actual reality of all younger people, then you really are delusional. I've also work those hours, and because I was (am) in private renting, I've never been able to save enough for a mortgage because the prices since 2006 have just got further and further away. I don't have sky, I don't have Netflix. I have Internet and a phone because life is by design very hard to do anything without those things. I'm 35, single male, half my wages go on rent, then bills on top, then food, new clothes is rare until I can't wear old anymore. 10% of my income is not enough to save for a property because the prices keep getting further away while I'm saving. So I've given up amd choose not to care anymore. I'd rather look back on my life and enjoy it then trying to fight a loosing battle that I might only enjoy for a couple of years then die
That's the equivalent of saying on your death bed I wish I'd work 70 hours a week, had no life and nothing at the end of it, rather than working normal and enjoy occasional fruits of your labour. I'd rather sacrifice home ownership now because it's becoming a non reality and just enjoy my life as best I can.
What this generation don’t seem to understand is that they took everything, cheap houses, cheap fuel, cheap food etc etc. They have been the ones to truly benefit yet somehow seem unwilling to either share or see it. IMO they are the selfish generation who benefited from the hard work and sacrifice of their parents but don’t think it’s anyone else’s.
Your point? Why should someone pay tax their whole lives, buy a house which they'll likely pay off over 25 years and then when they get to retirement age get told, "you're getting one of the lowest pensions in Europe and we're cutting your WFA. If you don't like it sell your house and downgrade". Liberals today are worse than the Tories were in the 1990s
There is an 87 year old woman wirking as a care assistatin the NHS because she dies not have enough stamp to recieve a pension and there are millions of women like her still working.
There needs to be a reality tv show where they take one of these deluded older people and let them live on an average salary and try and buy a house. They have all been brainwashed by the daily mail. I live in scotland where housing is relatively affordable. I cant comprehend how ordinary people in the south of England survive.
@@northleedspoppa you imagine you will stay the fine young person you are peter pan forever, i have news for you... old age is just around the corner matey... lets see how you cope. As my old mum used to say youth is wasted on the young!
My gran owns her home in, I’ll be honest, a ridiculously affluent area (in fairness, it wasn’t when she moved in) and she does have a touch of racism OCCASIONALLY, but even she understands why the winter fuel payment is going to means tested. She’s said she can happily do without it. She gets it. It’s very sad that so many people wilfully chose ignorance and belligerence
Brentwood is a very expensive area. The lady in question could move to any one of a number of locations within a 25-mile radius and buy a nice 3-bedroom house in a pleasant location and neighbourhood freeing up £500k equity. As it is, she is expecting people earning £30kPA to pay for her lifestyle choice. Extremely selfish and out of touch. Perhaps I should expect an additional pensioner's "exceptional circumstances" winter fuel payment as the Jag is rather expensive to run and uses more fuel during the winter months.
She's complaining about a service charge however conveniently ignores that just half the profit put into savings would earn enough interest to pay that charge 😂
@@David-bi6lfIn her situation I would move to a nice 3-bedroom house within a 25-mile radius. Put the released circa £450k in a 5-year fixed rate account. The interest would produce circa £15k PA income (after tax) in addition to her pension for a very comfortable life yet retain the capital to pass down as inheritance.
I live in the North West where the average house price is £243k, for someone earning £30k that's still 8x their annual wage BEFORE tax at 4.5% interest now. That's just average too, nothing special about the house. The truth is love, you couldn't afford your house today, you wouldn't get anywhere near it and the large interest rates you had to pay decades ago don't come close to equating the difficulty of overcoming an 8:1 ratio of house price to average wages. This is just the North West too, the average South East price is £450,000 that's a 15:1 ratio which is utterly insane.
This is the problem. People believe the hype and are 'low' thinkers. They NEVER blame the people that govern. The people who actually have the power to make our lives miserable - or not. Pensioners have been sacrificed at the alter of Tory ideology - the leadership group that most of these pensioners vote for!! Who hate them by the way...
Saying young people should move away to somewhere cheaper is ridiculous. Does she really think theres thousands of jobs paying over £30,000 going spare?
So out of touch and self centred. I'm not a pensioner but I'm mature and I think young people face a lot of pressure today. I'm glad I'm of my generation.
It's time to move away from the "I paid in for x number of years and earned my pension". At £10k pension per year for 20 years and two years of care costs at £50k per year, the average pensioner will cost £300k in today's money. A big percentage of the population won't contribute that much in tax in their lifetime. That's before we think about lifetime NHS costs and contribution to other costs funded by tax income. I'm pleased we have a pension and dont begrudge my tax paying for pensioners, but some education and pension reform is desperately needed.
Once again a supposed intelligent guy who doesnt know the difference about illegal and legal. They stay after their application fails... illegal. They arrive and dont apply illegal. They arrive and apply they are in the process and are legal..but severly controlled and barred from work.
As a millennial… I can say that I can’t save like what my parents (who are now pensioners) did. Added to that most of these pensioners don’t realise that it’s actually the people who are working who are paying their pensions as it’s paid forward.
This lady thinks she's rich 😮. She isn't. Her home is not an asset; it's a liability, costing her money and not bringing anything in. It's just a roof over her head. Unless she downsizes, she will remain poor.
@@FlyingAt30000Micrometres An asset is something that brings in money. A liability is something that costs money, either through depreciation (like a car) or overheads (like a house with the mortgage paid off - council taxes, water rates). The house I live in is a liability but fortunately I have a larger house round the corner which rents out for much more than its own and my home's costs put together, so this property portfolio is a net asset.
@@FlyingAt30000Micrometres "A roof over the head" FEELS like an asset, but financially it's a liability. I understand if your parents told you I'm wrong - mine did too. 👍
This country is full of bitter old people that’ll happily pull the ladder up behind them, worst thing is these generations see themselves as patriots 😂
😂 love how hard done by the elderly have become, I like the way they say they paid all their tax like we won’t 😂 the youth will suffer much much higher taxes. OAP please stop binge watching talk tv and gb news it’s convincing you all to be so bitter 😂
Why don’t they move somewhere cheaper while she complain she can’t because of family, and wants us to work for like 10 years straight on a strict diet and no holidays 😂
@@MrPutin-e7v fact is they lived in better times . Our tax bills in accordance to inflation will be unforgivable 😂 I dread to think of the old dragon I will become when I’m retired 😅
Why come onto your radio station if she hates you so much. When people say negative things about people it's because they hate themselves, and they are the nasty people. When you disrespect another you disrespect yourself. When you hate another you hate yourself. What planet is she on??
It is not her fault that the house she bought for 50k is now worth 900k but it is young peoples fault that house prices are up. She is just a greedy woman.
My grandmother is 84 lives off her pension only just in the tax bracket and has little money and her winter fuel allowance has been taken away. Complete nonsense to say labour are only targeting wealthy pensioners
@@johnrussell3961 mate you right, this so simple, the original poster just want to use is nan anecdotally to take a shot at the government. Pathetic., always blaming the following generating, as if the next one i suppose to suffer like you did. Soon she will start complaining about the fact that this generation is not riding horses or working in a cotton mill. Im so sorry we eat avocados, I am so sorry we wear seat belt and I am so sorry we have mobile phones and some of us work in offices.
And things will likely be tweaked or a new benefit added, but the facts are the nation is totally broke! That is how the Tories have left it, so think broke as in after WW2, not in more recent times as that gives the rough scale! There is a need to means test Winter Fuel Allowance because huge numbers like Pat do not need it and should not get it. What I know of Labour is they will improve life over the next five years. but let's also note that the economy is in a disastrous condition because many, many pensioners voted for Brexit and kept voting Tory! So they need to take some responsibility too, I am not saying your grandmother voted Tory but large numbers did, and they were none too bothered when the young were getting zero help. The Tories are to blame for the need for the Winter Fuel Payment cut, but it's also right that is looked at to ensure only those most in need get it.
@@michaelcoyle9262 does she own her own house? If yes should look at equity release. The system wasn't designed to support people living past pension age for 20 or 30 years. The financials just doesn't work. Same with the NHS, the cast majority of the spend of the NHS is on pensioners.
@@garyhills2336 my granny’s a raving socialist. She left the UK in the 80s as she wouldn’t live under thatcher so I can confirm she definitely didn’t vote Tory 😂 😂
This women is making nothing but excuses. She would make 400k profit on downsizing. If she put just half of that into a savings account she would cover the service charge at just 3% interest. She'd still be left with 200k to do with what she likes, save a bit more and have even more each month.
Don't think Labour will last saw Starmer doing press conference on Guardian site many hundreds of comments saying get them out same on Sky news, wall to wall hate never seen anything like it.
@zoltan-zq3xe do you see what we have to deal with? The person above has no sense of decency... he calls anyone that disagrees with his point of view a " gammon" it's the lefts favourite word when they throw a tantrum. No idea about debate, an exchange of views just " gammon" you have to laugh at them, don't you. Thank you for the news about sky, I will take a look. I think the budget will be more than interesting, I have read somewhere that the poll tax is being muted again, not sure of the facts on this as it was the tail end of a conversation. No matter who you voted for we are in for a very rough ride I think. If you weren't around in the '70's hold on to your bacon rashers! 😅🤣
How dare this woman. I have managed to get a mortgage after saving for 10 years! Not 4. A lot of my friends still don’t have places and are find it hard to save as they spend a lot of money on rent. Only people I know who managed to get a mortgage were people on way above average salaries
She saved for 4 years to buy a house?!?! Conversation ends there. Let’s get her to try that these days
No no that’s too much
Coffee shops are the reason for the housing crisis😂
She saved for four years for the deposits. G
@KarenJackson-mo9gh they don't get it, do they?
@@KarenJackson-mo9gh most people can't do that today either
Pat is going to be the reason some people start to hate pensioners
She is almost cartoonishly evil.
And I'm a pensioner
Boomer is a mentality, not a generation
Start? Read comments section from boomers in any Mail Online article about this. Most are boasting they had it best. Then they are also boasting they had it hardest, and finding a way to ensure smugness and pride somehow don't contradict each other.
I've hated pensioners for a loooong time.
"they don't want to sit in and save for four solid years!" If I could afford a house with four years of savings I'd be dancing. Millenials have been saving for a decade and are still no closer.
Maybe if we hadn't increased our population by 10 million over the last 25 years, strain on housing would have been less, and house prices would have been lower.
I agree. If I literally spent NOTHING for 4 years I still wouldn't afford a deposit.
@@WebbothyT86 but that's not the fault of pensioners. Is it?
@@johnmalin1676then the economy would be far worse than now which would mean lower wages and higher unemployment, not really a solution to anything is it. By the way would you have a limit to population size and enforce it by throwing newborns in a dumpster?
@@sargonsblackgrandfather2072no Bill Gates already has the answer
Millenials want to save but WE👏DON'T👏GET👏PAID👏ENOUGH👏!
The living wage is far higher than it was. She is right. Young millenials want spend 3 to 5 quid on a starbucks. Pensioners never threw money away like that. I see some pension haters. Stop whining, stop wasting and start saving
@@MrKarlyboy And yet those wages are still far lower relative to costs of living such as rent, utility bills, council tax, food, and transport.
And assuming your attrocious generalisation is correct and these Millenials are buying a Starbucks every day (as a worst case scenario, £5 per day), that's £35 a week which is £1820 a year.
So to save for a £10k deposit on a house (not unreasonable when compared against what a lot of boomers will have paid "back in the day"), it will take about 5.5 years...HOWEVER, with the continuing rise in house prices prices, by the time they reach that 5.5 year mark, the house prices will have risen even further.
Add to that, with the constant rise in rents and food/energy bills over that same course of time, those millenials will most-likely not even be able to afford the Starbucks anyway and the money they would have spent on this hypothetical daily Starbucks will just be swallowed-up by bills, which renders the notion of "iF OnLy ThEy DiDn'T bUy StArBuCkS" meaningless.
All that aside, what statistical/factual evidence do you have that "Young millenials want spend 3 to 5 quid on a starbucks" do you have?
Ah well, at least you’re paying for others to live in hotels.
@@chesurechesure those in the Hotels want to work. But you'd cry if they did.
@@chesurechesure when you don’t understand something, the wisest thing you can do is shut your mouth
As soon as she said I have a house that's worth 900,000... I checked out. Honestly, out of touch.
I bet her son/grandchildren don't live in a house worth £900k. She's so deluded.
the point she's making is she is wealthy on paper but all of it is illiquid. Downsizing also tends to be bad financially when you might want to pass the house on to family or use it to finance care home expenses later down the line.
This isn't quite as simple as you think it is.
@@Ookalaableno the point she was making was around migrant crisis originally and the money being spent on it.
Anyway, she even says she doesn't need the winter fuel payment. From what she says in the call, her financial status is fine. The argument really here is we shouldn't be giving money to people who don't need it. It's a waste. Means testing it is the fairest way.
TBF she wasn't ringing in about herself. She said she didn't need the fuel payment.
@@vordman see above comment
Pat says, "I don't care that I had it easier than you did and the houses were eight or nine times cheaper. This mess you young people are having to live with is starting to affect me and I don't effing like it! I'm a pensioner. I shouldn't have to deal with the same things you young people do!"
Behind pensioners like Pat I can see exactly why so many people would dislike them. She's insufferable, selfish , and ignorant!
The absolute nerve of her to blame young people for things that the politicians (many of which that are probably from her generation) have done to them!
...The same politicians that many of them have been voting for all along.
..............The same Brexit that they likely voted for without caring that the ramifications would hit the young the most.
Lots of younger people who resent older people are waiting for their inheritance.
When we were young we weren't out clubbing we didn't have the money.We scrimped and saved to buy a 2 up 2 down, not a 3 bed semi . We started at the bottom and worked our way up.
@@JeanLee-w4g - Yaawn....... Simple facts about the comparative economies conclusively swipe aside all the back-slapping boomer sanctimony.
Selling a house for 900k and then buying a place for 500k and having 400k to live on sounds like heaven to me.
Agreed - £50,000 ( 15% interest she will have paid way more over the term of the mortgage ) and there is a cost financially and emotionally for her in downsizing. Pat quite likely wants to stay put so that when she passes from this life her children will inherit ( house prices still rising ) so she wants the government to help finance her staying put. It`s always easier to hand out money universally than it is to take a payment back - I am happy to NOT recieve the winter fuel allowence and those eligible for Pension Credit need to get proactive and claim. Way to go Pat she`s not making the rules....
dont forget capital gains tax, stamp duty
@@pamvarnsverry2444 I mean, I know for a fact that one can put away 400k and recieve a tax free income of about 20k a year (plus the state pension) without eating into the balance if its invested properly. So a 500k flat that will increase in value, 400k cash at least, shes got plenty to pass on - she should be more concerned about Inheritance Tax reforms than 200quid for energy!
@@peteharper3299she's not concerned about herself though, she clearly stated that. She said she knew others who needed it
@@firebyrd437 She is through, apparently 500k for a flat after selling her 900k house is unacceptable to her. Its the same with our two sets of parents; they really COULD downsize if they really wanted to and free their large houses for a family that needs the space, regardless of price. And they talk the talk like they want to, there's literally nothing stopping them but themselves.
I am a pensioner with a comfortable private pension as well as state pension. Why should I be given a bus pass and a fuel allowance which I don't need, while young people are struggling to feed and clothe their children. We pensioners are the richest demographic in the UK. It's not our fault that we profited from the easiest lifestyles in recent history, but the fact is we did.
Brian, you may not need a bus pass or winter fuel allowance, but for that statement you deserve a Knighthood!! Thank you for being the voice of reason amongst your peers!!
I think conversely it’s cheaper to make those benefits universal than it would be to means test it. Bless your sentiment though
@brianferguson, You sir are a rarity. I hope, if you have kids, they are proud of you.
@@sargonsblackgrandfather2072 When they talk about means testing the state pension, I'm not sure how they can do that. Regardless of how rich a person is, they still paid their Ni,
@@janmariablackwell8138 yes I’m against means testing state pensions, it’ll just help rich people argue against paying into universal programs they don’t use/need
If someone buys coffee out 5 times a week (assumed price of £4.50) and decides to stop and save that money for 4 years, they’d have approximately £4680, which is approximately 16% of the £28500 required to have a 10% deposit for an average priced house in the UK.
It’s not disrespectful to pensioners to claim that they are totally out of touch with reality.
I think it's fair to say that this one was very selfish and self entitled.
The average house price will probably have appreciated faster than that too haha
You lot are just jealous, if you and your partner are on 30 grand a year each and you can't save up 60 grand over 4 years that's on you, you just dint want to sacrifice, there's alot of average people who set their mind to it and buy a house.
28500 deposit. So that person is earning £57000pa... What are 2 warehouse workers(example) to do on their poultry 40k combined? Not everybody can be earning 57k, people must do low paid work else we all break down, but they arnt allowed a house and nobody thinks of them or the reprecusions. All low paid workers move up north! so who stacks shelves down south? Who cares for the elderly? Who is the nursery nurse or teaching assistant. Everyones delusional
@@kaikai-pb7fh Those people that "set their mind to it" are generally able to do-so because of either:
a. They stay living with their parents into their 30s so they can buy their own house
b. They get help financial help from their parents in the form of a cash gift/loan for the deposit
c. They inherit their parent's house anyway
d. a and b put together
Waste of time talking to people like her. She is just obsessed with her prejudices.
@@aoneill so a daily mail reader.
@@ReformusUK The goings on in farmborough Hampshire make interesting news.
@@ReformusUK what’s that got to do with coffees and house prices?
@@ReformusUK one day, I'll have enough time to explain all the things wrong with this statement.
This is problem with some OAPs Strange views
£50000 grand house now £900000 and still complaining about other people.
@@kb4903 expects the young to move for a cheaper house but she shouldn't have to move. Delusional.
yes but remember she saved for 4 whole years while "young people are drinking coffee all day"..... today 😂
@@BillyButcher91 FOR THE DEPOSIT! Jeez!
@@annmcevoy5686 - Yes...... The deposit......... The equivalent of that would mean a young person having to save nearly 10k per year on a minimum-to-everage income....... That's completely unachievable.
You are so economically detached.
@@airfixx_8952 so what you are saying is all things are relevant... is it really our fault that the prices gor a house are out of your league? Give me a break. There are so many factors to take into consideration. Gentrification brings its own cost.lots of young people were priced out of their area during this period, i know because i was there. Especially around docklands. Elderly moved out to the suburbs, young people priced out of the new builds. Money people moving in... so please dont talk to me about unfair... its all relevant, we all suffer, not just the young.
ok class, lets go over this again *stagnant wages + rising prices from food to rents to transport + sabotaged public services + high tax on the lower/middle classes and 'less than honest' people incharge = no money left over with which to save*
@@satyasyasatyasya5746 boomers don't want to hear it!
@@hughiemg2 Not surprised - most of the things on that list they've chosen or benefitted from, so fixing it will undo things that benefit them.
Then lets hope this government get a grip on things.... not that im holding my breath! We needed a new broom, not just a handle but it is what it is.
@@annmcevoy5686 2 party, first past the post no longer working. Need to investigate introducing Citizen Assemblies or a PR system similar to Scotland where parties have to work together (in theory).
@@hughiemg2 we hear it sadly there is nothing we can do about it.
She didn't earn the increase in the value of her home she was just lucky. She is a prime example of ignorance of the issues facing todays young.
Exactly! Our landlord bought their house for under 90,000 about 20 years ago. Now it's worth around 400,000 and this is not a big or luxurious house it has two bedrooms and a box room. That is just a ridiculous increase, and it's far from the worst example.
She wasn't responsible for the market increase, either. Better to direct your (envious?) opinion at those actually responsible than those you are encouraged to blame.
You are correct she wasn’t responsible . That is property developers who fund a certain political party to encourage restricted building to keep prices and profits healthy. Why was stamp duty reduced for secondary homes during Covid ? Builders weren’t working . It was to make sure house prices stayed high. For balance I benefitted a lot personally from this move by Sunak. So no envy here.
This lady is complaining she doesn’t have the money . If the young can’t afford a house they don’t buy it. In equal measure if she can’t afford to live in that house then sell it.
She complains of high interest rates which were for a short period decades ago. Those rates have little relevance or can compare to the impact of increasing previously lower rates on the ridiculous ratio of income to prices in today’s house price market.
@@rb1062 But she is directly blaming the 'young' of today for not being able to save or not working 'hard enough'. It's not 'envious' to point out all the advantages her generation had when she's ignorant and spewing forth 'avocado toast and coffee' cliches. She's not immune from criticism.
@@OKnotOK09 I agree with your point and didn't appreciate her attitude, either. However, these people are a generation who only took the opportunities they were given. That generation includes my parents. They committed no crimes so find it baffling why people are so aggressive towards them. Government (and EU) policy drove house prices sky high - not the 'boomers'. Property speculation exploded. When I sold my flat during the Nu Labour era, 90% of my viewings were buy to let. And my property increased four fold. Was that my fault? Believe it or not, I did feel saddened that a 25 year old like me would struggle to buy the flat as I has done. I am as alarmed by house prices as anyone else but, at least, putting the blame on those who are really to blame.
Pat doesn't think it is fair that she should move to a cheaper part of the country but thinks it is fair that younger, working people should despite the fact that their work might not be in that area.
Because that has been her family home for decades and the inherant cost financially and emotionally of downsizing - if she stays put there may be ( in her mind) more for her children to inherit when she dies. Of course she possibly is ignoring the loss from inheritance tax ( which sounds like it could be quite substantial) she just wants the government to pay that bit extra to keep her comfortable plus she has her support from family close by. Up sticking and moving across country to where you know no one is daunting for a young person who is moving to a job but to move later in life takes way more nerves of steel for some.
She'll be the first to moan when there's no Nurses or Paramedics or other NHS staff because they've all moved up North where apparently the cost of living is 10 times less (news flash, it's not, it's less, but not 10 times less, not even half)
And let’s be clear the idea of it being cheaper so it’s easier to pay for things isn’t true either because the salaries are also less!
You aren’t gonna get London average salaries in somewhere like Blackpool.
If it was simply costs that were lower up north then the north would be flourishing when in reality we all know it isn’t.
Better idea would be to pay her son to build a granny flat so she could look after her grand children and keep the rest fir herself. It's a win win really.
She gave away near the beginning, she's phoned in to complain about immigration. Everything else is just justification for her opinion.
Lonely.
@@philpembroke5373 you made me think of the song from the South Park movie.
If she is complaining about the £300 winter fuel payment, then perhaps she should stop paying for Netflix and Avocado toast!
She’s complaining she can’t sell her 900k house and live in a 500k flat with charges… so like most of us she agrees prices are too high 😅
@@MrPutin-e7vshe paid 50 grand for it. Someone who is asset rich and cash poor is still rich. If she needs cash she should release some equity from her 900k house.
LoLLL yes!
@@hughiemg2Have you seen the equity release for pensioners is day light robbery
What planet are you on! Just rude to a hard working elderly person. Just about sums it all up...go for low hanging fruit. Perhaps some younger people would do well to have fewer holidays, buying expensive festival tickets. Buying designer watches, going out for coffee... the list goes on. Lbc is so left it hurts! ..... by the way the gentrification of london is whats causing the hike.
Anyone with assets worth over one million is considered wealthy? Er, yes. That is the kind of wealth many of us can only dream of.
I think it's great the working classes are squabbling over homes whilst the real villains are quaffing champagne and laughing at us.
Typical example of a bitter, elderly person with soundbite knowledge
Typical example of a condescending, judgemental know all
@@mattyr40 know all? She knew absolutely nothing!
‘Knowledge’?
And this is why I don't live in Essex 💩🧠
One of the worst places in the country for sure.
@@KevinSheedy10 No, Tower Hamlets by a country mile.
Fool
“Starmer hates like pensioners”
Starmer is 62 years old….
I can't believe she just explained why it was unreasonable to ask her to move somewhere cheaper... then a mere few minutes later asked that of young people. What a horrible self interested person.
Exactly,and thats how a lot of this cohort of older people are.Self,self,self.
She doesn't want to move because of family commitments, yet her advice to others is to move? Do they not have commitments, family or otherwise.
Wasn’t get on your bike Tory policy/ commentary? Always about others. The young are expected to move from family, but others not. Are there many non means tested benefits applicable to all age groups? State pension is one. Asking as I don’t know. The only other one I can think of is child benefit, and that has a cap. This is done through tax return. Why not do this for pensioners for the heating allowance?
We had to move away from our families to be able to purchase. There are plenty of properties on the market for between 20-100K if young people are willing to get off their butts.
@@KimThomas-vp4vmthat's the point, if Pat's grandchildren followed her advice, they would move far away from her. Something she clearly doesn't want to happen. She wouldn't move to a mansion in the North, because she wants to stay near her family.
If Pat's right and gets her way, she will pass away alone on the bathroom floor with her family, hundreds of miles away, finding out via phone from a poorly paid foreign care worker.
@@KimThomas-vp4vm and where are these properties?
@@inpinm1235 In different counties. The last one that I looked at was £100,00 3 bed large garden etc in Norfolk. Up north you can get houses for £30.000+
Pat isn't listening, she's just waiting to talk.
Pat has pointed out the flaw in Tom's argument, and he doesn't even attempt to explore it. People can live in properties worth a million pound in the south east, and still not actually be wealthy. The only way to gain wealth from that would be to move. If you want to remain in the south east, its going to cost so much to move to another property that million pound property is just a house swap token. Wealth should not be defined through a single asset that is a necessity, it should be defined through non essential assets and savings.
When was she waiting?
@@garyh183Not really. He listened. He understood. He just thought that there are others to be considered who are much worse off.
The solution is to tax the filthy rich.
@@mandyharewood886 yes he listened, then didn't even attempt to define wealth. And then the only definition he gives; "someone who owns an asset of over a million pounds" is completely refuted by the argument she made about the prices in the south east. As I just said, wealth should be defined from disposable or non essential assets. Not from an asset you own that just happens to be worth a lot because of the area its in.
@@garyh183 You are right.
Pensioners gave us Brexit, 14 years of Tory rule and kept telling us if we want to buy a house, stop going to starbucks. As far as im concerned, taking away the allowance from pensioners not claiming benefits is simply balancing the scales after decades of them getting everything free/on the cheap whilst trying to pull the ladder up behind them. What's the matter, can't go to your holiday home in Benidorm anymore? Most of us lot will never own their own home thanks to choices you made at the ballot box
Many young people have come to the realisation that the conventional expectations of the past are out of their reach and are living for today, not buying coffee and not having a holiday once a year isn’t going to alter their predicament
If pensioners can't afford the winter fuel allowance freeze, then they should cut down on the pub lunches and garden centres.
Do you see a lot of them when you go to these places then ????
@@johnpatrick1702 yes, go to a pub for lunch on a weekday or a garden centre on any day and you'll bring the average age down by 40 years. I see more pensioners eating out than I see youngsters drinking coffee, that's for sure.
@@fricozoid1 Do you ever go to McDonalds ????
@@johnpatrick1702 do you ever go to Wetherspoons?
Or their overseas holidays (plural). My father is complaining (he would though, he was a Reform PPC) because he's losing his winter fuel allowance.... He has 4 cars, a motorbike, no mortgage, income from 2 properties that he owns and rents out, oh and a pension that pays more than my Band 6 NHS job..... But by jove, that Starmer expecting him to freeze this winter 🤦🏻♂️🤦🏻♂️🤦🏻♂️
Sounds like my parents. My parents were working class Lancashire people. They had to borrow money to buy their first house for £13 k. They sold that house 4 years later for £75K and 2 years later sold their £75k house for £150k and so on... It took my parents less than 20 years to fully pay off their mortgage and cash buy a house for £thee quarters of a million and they always believed or convinced themselves that they worked really hard for that... they didn't. My dad had a 9-5 semi professional jobs. My mum was a stay at home mum till we left school. They never altered or improved the houses they purchased.
In the here and now, can a first time buyer double or quadruple the value of their house in the time it took my parents?
My parents were born at the right time for making huge investment from property, but try telling them that, they tend to get very offended.
It us not your parents fault they were born in better economic times. Don't punish them or begrudge them. Get angry with the politicians.
@@watchflexwatchflex5956 Oh I don't punish them, but I don't appreciate their mindset about the younger generation and how they don't work hard enough or save hard enough.
Because your generation are encouraged to blame them instead of the government policies which created those market conditions.
@@rb1062Well, it is still a matter of fact that they benefited hugely from the market condition and somehow still think they’re “poor”. Someone must be earning a lot from high house price, who? The owners. And they’re also majority of the ones stoping the building projects in their neighborhood because “it ruin their landscapes” or sth.
@@rb1062The nimbyism is popular among older generation with houses already, and propel the government to block those building projects, suppressing the supply of houses and raising the value of existing houses because there’re more natural landscapes, therefore raising the prices of housing.
You didn't save for your pension and bought a house.
Sell house for 900k.
Buy a flat for 400k.
Pay 4k/year for service charge. You have enough to pay 125 years of it.
Lady economics.
Not just that, just 200k put into savings would earn enough just in interest to pay the charge 😂
The entitlement of this woman... unbelievable.
So pat expects us to believe she got a 60k mortgage on a salary of £1,000
She expects us to believe that she was given a mortgage SIXTY times her salary?
Something ain’t adding up
At 15% interest
She bought her own house WHEN IT WAS ACTUALLY POSSIBLE TO BUY ONE
And then has the audacity to complain about having a £900k house..
Who would of thought uncontrolled immigration would lead to a housing crisis SHOCKED I AM
@@mwd331 her house cost her £50k? is that what she said
@@MrPokemonisawesome Yeah , she said that what she paid for it. Now through zero effort of her own it’s gone up in value that much.
@@MrPutin-e7vyeah, that's what did it😂
The last caller is claiming that the legal way to claim asylum is to come here on holiday and then do it?
And they want to blame pensioners...what a laugh!
He's completely wrong too. The UN convention on human rights recognises that asylum seekers will often need to enter countries through unconventional means. Once they are here if they claim asylum they are here legally.
Very strange idea.
@KevinSheedy10 They are legal until the point of there claim is rejected or accepted. It is not illegal to come here seeking asylum
But the idea that they'd pay thousands for a very dodgy journey when they could pay a few hundred quid for a flight across the channel is bonkers.
The worst kind of pensioner
Consumerism is now what drives the economy . The young didn’t change the economy to that.
If we allsaved and stopped spending the tax take would plummet and public services would collapse.
The old lady forgets when she was younger 45 years ago she was driving the economy under Thatcher's consumerism now she's having a go at younger people for doing what she did the hypocrite
Exactly! Imagine if Pat got her wish and all these "young people" stopped drinking coffee and stayed home, never buying anything, to save for a mortgage deposit. Mass business closures=mass unemployment, which of course includes the "young people" that Pat detests. Then when nobody can afford any kind of property, whether renting or buying, the housing market collapses and..oh dear...Pat's house isn't worth 900k any more! Well-done Pat.
They give tax breaks to the wealthy and corporations, then they raise taxes like VAT on common everyday goods that people need to survive everyday.
@@craftinghome How would that help ,,, who would pay for the benefit generation
@@alanrogers9597 That's the point that Pat is ignorant of though isn't it? She thinks she's earned her pension through her NI contributions, but that's not entirely how it works. It's not the amount paid in, it's the number of payments.
One of the old ladies I work for told me that if they take her winter fuel payment away then she won't be able to afford to steam the hay that she uses to feed her horses (plural) 🤷♂
Reminds me of that Tory MP who was furious he couldn’t claim heating his stables on his expenses
@@sargonsblackgrandfather2072 A pal of mine moaned that it cost him his winter flights to The Canaries.
Typical Essex pensioner. Thinks she’s owed free money. Any top ups need stopping, especially people sitting in houses worth £900k..
Imagine being the children of the greatest generation and spending your whole life misinterpreting the respect and gratitude given to them as merely age related. Then you spend your whole life basking in the glorious sunshine of your parents’ achievements; small class sizes, NHS, vaccine programmes, cheap housing, cheap travel, peace in Europe, access to contraceptives, cashing in all the public utilities, ignoring climate warnings because you can be the first generation with two cars, final salary pensions…
Then you get to pensioner age and start voting for the party who cuts the services for the young folk and protects all the pensioners - you become the only age demographic whose income increases in real terms in 14 years. Your benefits are paid for by just two younger full time workers (strangers) who can’t afford a house or to start a family, who have debt from university, uncertainty in the job market, don’t know their GP, can’t get an NHS dentist - but they’re paying for your lifestyle.
And you know what makes you maddest? Where is the respect for the elders gone? You gave it to your parents from the ‘greatest generation’ and now it’s your turn. But somehow these younger generations seem to resent you and that makes you furious.
And maybe, just maybe, you start to think about your legacy. What if you’re about to go down in history as ‘the worst generation’? Or ‘the entitled generation’. Or ‘the selfish generation’. What if folk stories for decades to come will tell of how the children of the greatest generation ruined it all. Not immigrants. You.
Well said 👏👏👏👏👏
brilliantly put
Bravo.
"And maybe, just maybe, you start to think about your legacy. What if you’re about to go down in history as ‘the worst generation’? Or ‘the entitled generation’. Or ‘the selfish generation’. What if folk stories for decades to come will tell of how the children of the greatest generation ruined it all. Not immigrants. You." There is no evidence that the majority of boomers are selfish and do not care about younger generations.
"... who can’t afford a house or to start a family" The young people of this country have plenty of grievances and if they do not want have children until they make a certain income then that is absolutely fine. That being said they can afford to start a family given that in Niger( the 5th poorest country in the world) the average has about 7 children. Moreover in the UK the birthrate amongst minority groups is above the replacement rate so you are wrong on this point.
@@algernonsidney8746 Your maths is wrong.
Don’t fall into the trap of hating/blaming pensioners, there’s loads of them living in abject poverty too.
Remember it’s the super rich who have stolen the wealth of us all and they’d like nothing more than dividing us.
It's not illegal to claim asylum, no matter how people get here. Asylum seekers can't claim benefits when they come here. They're given around £5 a day. Pat is a part of the "If i had to suffer back in the 70s, they should suffer now" crew. Personally, i want young people to get ahead, to be able to buy a house and have more than i had. The word selfish comes to mind when you hear Pat talking quite bitterly about other peoples struggles. We live in a different era, and Pat should get with the program. I bet she voted Tory. The 2nd caller probably did, too.
I.e. Me, Me, Me, Me,Me. Pat beggars belief.
Suffered in the 1870s.sorry that was smoggy.
Yeah she is not the smartest at all! The people that come in pay more into the country than they take out thats a fact. You older people got homes in london for 15k and now they are worth upward of 500K but even with all of that you still want us young people to work and also heat your home, the same home we can never hope to own? I will say no thank you mate.
The problem is that too many people hate it when a benefit they've been given is removed. The woman doesn't realise she is well off. A house worth nearly a million...?
But she isn`t - assett rich cash strapped - those due to inherit upon her death will benefit from her decision to buy her own home after the gov had taken a large bite via Inheritance tax.
@@pamvarnsverry2444 If anyone chooses to continue to live in a million-pound home even if they need the money to live comfortably, that is their choice.
Pensioners right now are the RICHEST generation in history.
Why wouldn't they be after working for 50 years. You no doubt want to steal all their money to pay for your avocado on toast & £10 lattes. Here's an idea , work for 50 years & pay taxes & Ni for 50 years & enjoy your last few golden years on the fruits of 50 years hard graph.
@@stuartregan1627 Avacodos are actually quite cheap and a nutritional calorie dense meal. Plus I like instant coffee. You've clearly been watching GB news
@@samuelstevens248 I watch all news networks. Even lefty channel 4 but that's not the point. The point is people that work hard for 50 years have a better retirement than those that don't & that's right & proper. . The harder you work the more tax you pay so it's a win win . That's how capitalist country's work . The harder you work the better your lifestyle.
She could sell her house, move herself and her son up north and probably still have a couple hundred grand in change.
The immigrants don't get the £8 million per day ! The hotel owners do ...
We need to stop calling them hotels, they're not, they're not even hostels. Prisons have better conditions.
And why do we have this problem? Because the Tories stopped processing claims properly and created a backlog.
This is why I have no sympathy for pensioners
Not all pensioners are the same, there are those of us who have humanity and compassion. I worked in homelessness for over thirty years, I saw peoples quality of health, and personal income, decline; and poverty and homelessness rise exponentially. So I saw first hand, peoples suffering and exploitation, and my heart broke for them, it still does, and it always will. So please do not tar us all with the same brush.
Because of the views of one pensioner that the media has fed you?
Don't be such a sheep.
Regardless of her other points she did say she doesn't need the payment but she did know others who did. She may live in an expensive property that she bought and paid for but it's not a liquid asset either. It's certainly not her fault that today, younger people have problems. They are saddled with huge student debt and often struggle to get well paid work. She didn't cause that, successive governments did
@@firebyrd437But she refuses to acknowledge or understand the issue.
@@firebyrd437 pensioners who are asset rich and cash poor are still rich. They can equity release money out of their homes to top up their income if they need to but don't want to cause they want to leave it as inheritance. The (young) tax payers are then expected to pick up the bill.
Does pat think.she deserves free money when she is worth over a million quid
She benefitted from a golden time in Britain and thinks she is where she is purely because of her graft. Jesus.
Means test everything for pensioners if her attitude is the norm
I'm sick of these boomers telling us they worked hard and blah blah blah. We also work hard, if not even harder and are more ambitious in general. If you can't see that despite the hard work, saving etc, most people still cannot buy a house worth 900k
You lot don't work hard,you work from home,4 day weeks coming in,I worked 6 days a week 60hrs, to get on the housing market, couldn't afford a washing machine,weekly visit to the launderette, now it's I can't move into a new home if it isn't fully furnished with a 6t inch oled tv,must have sky tv and Netflix, plus my new lease car,my first car was a 10 year old vauxhall viva, I remember needing 4 new tyres,didn't have any spare cash,so sold a gold chain bought for my 21st by my parents,you youngsters are spoilt and expect help with everything.
@@geoffwalmsley3066if you think that's the actual reality of all younger people, then you really are delusional. I've also work those hours, and because I was (am) in private renting, I've never been able to save enough for a mortgage because the prices since 2006 have just got further and further away. I don't have sky, I don't have Netflix. I have Internet and a phone because life is by design very hard to do anything without those things. I'm 35, single male, half my wages go on rent, then bills on top, then food, new clothes is rare until I can't wear old anymore. 10% of my income is not enough to save for a property because the prices keep getting further away while I'm saving. So I've given up amd choose not to care anymore. I'd rather look back on my life and enjoy it then trying to fight a loosing battle that I might only enjoy for a couple of years then die
“They want holidays and to drink coffee!”
Doesn’t everyone want that…..?
That's the equivalent of saying on your death bed I wish I'd work 70 hours a week, had no life and nothing at the end of it, rather than working normal and enjoy occasional fruits of your labour. I'd rather sacrifice home ownership now because it's becoming a non reality and just enjoy my life as best I can.
What this generation don’t seem to understand is that they took everything, cheap houses, cheap fuel, cheap food etc etc. They have been the ones to truly benefit yet somehow seem unwilling to either share or see it. IMO they are the selfish generation who benefited from the hard work and sacrifice of their parents but don’t think it’s anyone else’s.
Old people are in such a deluded bubble.
She really complaining that she might have to have a half million pound house with no mortgage with at least £200000 left over?
Your point? Why should someone pay tax their whole lives, buy a house which they'll likely pay off over 25 years and then when they get to retirement age get told, "you're getting one of the lowest pensions in Europe and we're cutting your WFA. If you don't like it sell your house and downgrade".
Liberals today are worse than the Tories were in the 1990s
@@kb4903 yup. If you need some cash release some equity from your 900k house.
Heaven
There is an 87 year old woman wirking as a care assistatin the NHS because she dies not have enough stamp to recieve a pension and there are millions of women like her still working.
There needs to be a reality tv show where they take one of these deluded older people and let them live on an average salary and try and buy a house. They have all been brainwashed by the daily mail. I live in scotland where housing is relatively affordable. I cant comprehend how ordinary people in the south of England survive.
Brilliant idea.
Just remember everyone.....pensioners aren't your new enemy! No more than the train driver, the Doctor, the nurse or the teacher. 👍
No just a indulged class that has been given far too much over last decade
@@northleedspoppa you imagine you will stay the fine young person you are peter pan forever, i have news for you... old age is just around the corner matey... lets see how you cope. As my old mum used to say youth is wasted on the young!
@@northleedspoppa not all pensioners, just the current ones aka Boomers. Got to the top and pulled the ladder up after themselves.
@johnriddington9514 such a nasty remark
Gullibility affects all ages. The number of super rich has exploded not hard to figure out why there is no money left
My gran owns her home in, I’ll be honest, a ridiculously affluent area (in fairness, it wasn’t when she moved in) and she does have a touch of racism OCCASIONALLY, but even she understands why the winter fuel payment is going to means tested. She’s said she can happily do without it. She gets it. It’s very sad that so many people wilfully chose ignorance and belligerence
Rich people should not be given free money so why are MPs given winter fuel allowance
She's got everything and she's still complaining.
Brentwood is a very expensive area. The lady in question could move to any one of a number of locations within a 25-mile radius and buy a nice 3-bedroom house in a pleasant location and neighbourhood freeing up £500k equity. As it is, she is expecting people earning £30kPA to pay for her lifestyle choice. Extremely selfish and out of touch.
Perhaps I should expect an additional pensioner's "exceptional circumstances" winter fuel payment as the Jag is rather expensive to run and uses more fuel during the winter months.
She's complaining about a service charge however conveniently ignores that just half the profit put into savings would earn enough interest to pay that charge 😂
@@David-bi6lfIn her situation I would move to a nice 3-bedroom house within a 25-mile radius. Put the released circa £450k in a 5-year fixed rate account. The interest would produce circa £15k PA income (after tax) in addition to her pension for a very comfortable life yet retain the capital to pass down as inheritance.
I live in the North West where the average house price is £243k, for someone earning £30k that's still 8x their annual wage BEFORE tax at 4.5% interest now. That's just average too, nothing special about the house. The truth is love, you couldn't afford your house today, you wouldn't get anywhere near it and the large interest rates you had to pay decades ago don't come close to equating the difficulty of overcoming an 8:1 ratio of house price to average wages. This is just the North West too, the average South East price is £450,000 that's a 15:1 ratio which is utterly insane.
This is the problem. People believe the hype and are 'low' thinkers. They NEVER blame the people that govern. The people who actually have the power to make our lives miserable - or not. Pensioners have been sacrificed at the alter of Tory ideology - the leadership group that most of these pensioners vote for!! Who hate them by the way...
Never a truer word my friend!
If she has a house thats worth £900k, she has absolutely nothing to complain about.
I was always led to believe that with age comes wisdom, then I listened to this woman.
Saying young people should move away to somewhere cheaper is ridiculous. Does she really think theres thousands of jobs paying over £30,000 going spare?
Threshold too low.
@@jacksoncrate two words for you - equity release.
She's absolutely right... If they die early their state pension goes back to the state!!!!....
Textbook privileged virtue signalling.
That woman was horrible, im glad she’s not my mother
Save for what? What's affordable anymore? No one has the expendable income to save anyway
So out of touch and self centred. I'm not a pensioner but I'm mature and I think young people face a lot of pressure today. I'm glad I'm of my generation.
She seems to forget what the Tories did in 2010
I don't hate pensioners but hate pat
It's time to move away from the "I paid in for x number of years and earned my pension". At £10k pension per year for 20 years and two years of care costs at £50k per year, the average pensioner will cost £300k in today's money. A big percentage of the population won't contribute that much in tax in their lifetime. That's before we think about lifetime NHS costs and contribution to other costs funded by tax income. I'm pleased we have a pension and dont begrudge my tax paying for pensioners, but some education and pension reform is desperately needed.
The first to get pensions in 1945….had paid nothing in.
Those younger and in work funded them.
That’s how it’s remained ever since.
Pensioners in this current generation are on average going to benefit around 25-35% more than they've put in to the system.
The entitlement of that woman is very frustrating.
Once again a supposed intelligent guy who doesnt know the difference about illegal and legal. They stay after their application fails... illegal. They arrive and dont apply illegal. They arrive and apply they are in the process and are legal..but severly controlled and barred from work.
As a millennial… I can say that I can’t save like what my parents (who are now pensioners) did. Added to that most of these pensioners don’t realise that it’s actually the people who are working who are paying their pensions as it’s paid forward.
This lady thinks she's rich 😮. She isn't.
Her home is not an asset; it's a liability, costing her money and not bringing anything in. It's just a roof over her head.
Unless she downsizes, she will remain poor.
Errr That's the definition of an asset...
@@FlyingAt30000Micrometres An asset is something that brings in money.
A liability is something that costs money, either through depreciation (like a car) or overheads (like a house with the mortgage paid off - council taxes, water rates).
The house I live in is a liability but fortunately I have a larger house round the corner which rents out for much more than its own and my home's costs put together, so this property portfolio is a net asset.
@@andrewrobinson2565 It's literally an asset... Assets can depreciate too... hence the warning on trading stocks and shares...
@@FlyingAt30000Micrometres "A roof over the head" FEELS like an asset, but financially it's a liability. I understand if your parents told you I'm wrong - mine did too. 👍
She needs a roof over her head. It is cheaper for her to live in a £900k house she owns than it is to rent a one room flat. So yes, it's an asset.
I am from a carribean family where we respect our elders and absolutely buy in to thay. But Pats an absolute see you next Tuesday
Kin boomer, and no you don't pay 10 times more for property in the south, there are areas up North where its 300k for a terrace house.
Pensioners have had the best of it for too long. Inflation matching increases every year while the rest of us barely get 1%. This woman has no clue.
This country is full of bitter old people that’ll happily pull the ladder up behind them, worst thing is these generations see themselves as patriots 😂
The are not like these globalists.
Pensioners aren't your enemy. You may even be one yourself one day 👍
@@stuc3195 Well they have returned Tory governments for 40 of the last 53 years, and they voted Brexit.
@@blazzz13all old people voted Brexit????
Ageism, one of the few prejudices that are just allowed but actually encouraged
@@Chris-oz9qx the largest demographic of voters to vote leave were pensioners.
She has a house that's only worth £900,000 😢
😂 love how hard done by the elderly have become, I like the way they say they paid all their tax like we won’t 😂 the youth will suffer much much higher taxes.
OAP please stop binge watching talk tv and gb news it’s convincing you all to be so bitter 😂
Why don’t they move somewhere cheaper while she complain she can’t because of family, and wants us to work for like 10 years straight on a strict diet and no holidays 😂
@@MrPutin-e7v fact is they lived in better times . Our tax bills in accordance to inflation will be unforgivable 😂 I dread to think of the old dragon I will become when I’m retired 😅
And you need to widen your horizons and stop believing everything that lbc churns out....
@@annmcevoy5686 says the GBNews patsy.
@@djstuc incorrect.. but you keep believing!
Why come onto your radio station if she hates you so much. When people say negative things about people it's because they hate themselves, and they are the nasty people. When you disrespect another you disrespect yourself. When you hate another you hate yourself. What planet is she on??
What do you call very wealthy? Well, a £900,000 house for one Pat
Not true..because they'll only realise that wealth if they sell their property,and why should they be forced to sell up ?
Never heard of the term, Asset rich cash poor
@@Chris-oz9qx why doesn’t she sell her house or cutback on Netflix ?
@@Chris-oz9qx that’s free market capitalism, the right loves this until they don’t.
@@Chris-oz9qxShe's wealthy . End of subject
It is not her fault that the house she bought for 50k is now worth 900k but it is young peoples fault that house prices are up. She is just a greedy woman.
My grandmother is 84 lives off her pension only just in the tax bracket and has little money and her winter fuel allowance has been taken away. Complete nonsense to say labour are only targeting wealthy pensioners
It’s now part of other means tested benefits. If she’s that poor, she should be on them.
@@johnrussell3961 mate you right, this so simple, the original poster just want to use is nan anecdotally to take a shot at the government. Pathetic., always blaming the following generating, as if the next one i suppose to suffer like you did. Soon she will start complaining about the fact that this generation is not riding horses or working in a cotton mill. Im so sorry we eat avocados, I am so sorry we wear seat belt and I am so sorry we have mobile phones and some of us work in offices.
And things will likely be tweaked or a new benefit added, but the facts are the nation is totally broke! That is how the Tories have left it, so think broke as in after WW2, not in more recent times as that gives the rough scale!
There is a need to means test Winter Fuel Allowance because huge numbers like Pat do not need it and should not get it. What I know of Labour is they will improve life over the next five years. but let's also note that the economy is in a disastrous condition because many, many pensioners voted for Brexit and kept voting Tory! So they need to take some responsibility too, I am not saying your grandmother voted Tory but large numbers did, and they were none too bothered when the young were getting zero help.
The Tories are to blame for the need for the Winter Fuel Payment cut, but it's also right that is looked at to ensure only those most in need get it.
@@michaelcoyle9262 does she own her own house? If yes should look at equity release. The system wasn't designed to support people living past pension age for 20 or 30 years. The financials just doesn't work. Same with the NHS, the cast majority of the spend of the NHS is on pensioners.
@@garyhills2336 my granny’s a raving socialist. She left the UK in the 80s as she wouldn’t live under thatcher so I can confirm she definitely didn’t vote Tory 😂 😂
“I could buy a mansion up norf”.
Please don’t Pat, we really don’t want you here.
This woman is why we needed a labour government.
Her house is worth 900k, but when she bought it, it was probably only 8× the average salary. Thats the point, Doris.
Nobody has worked harder than Pat, or something.
You worked for it your earned it. Doesn’t matter how much you earn it’s your money end of
This women is making nothing but excuses. She would make 400k profit on downsizing. If she put just half of that into a savings account she would cover the service charge at just 3% interest. She'd still be left with 200k to do with what she likes, save a bit more and have even more each month.
Not quite that simple!
@@pamvarnsverry2444 brain surgery is not simple and yet humanity has still managed to achieve it.
Yeah let's tell people if they work too hard the Government take the state pension off them . Great for growth.
@@stuartregan1627 a house price increase from 50k to 900k is not the result of working hard.
@@David-bi6lfUntying peoples emotional ties to" stuff " is never easy - and the fear of jumping into the unknown area of moving home.....
An example of arguing from the pov complexities of your own life, but simplifying the problems of others through a key hole perspective.
Houses were about 10 grand then pipe down gammon
My wage was £7 50..... get a grip!
Don't think Labour will last saw Starmer doing press conference on Guardian site many hundreds of comments saying get them out same on Sky news, wall to wall hate never seen anything like it.
@zoltan-zq3xe do you see what we have to deal with? The person above has no sense of decency... he calls anyone that disagrees with his point of view a " gammon" it's the lefts favourite word when they throw a tantrum. No idea about debate, an exchange of views just " gammon" you have to laugh at them, don't you. Thank you for the news about sky, I will take a look. I think the budget will be more than interesting, I have read somewhere that the poll tax is being muted again, not sure of the facts on this as it was the tail end of a conversation. No matter who you voted for we are in for a very rough ride I think. If you weren't around in the '70's hold on to your bacon rashers! 😅🤣
@@zoltan-zq3xe Sure you did 0rc.
What do you call someone who is wealthy? Someone sitting on an asset worth £900,000.
She saved for 4 years for a house haha. So out of touch.
The deposit! You have no idea!
Referring to fellow humans as aliens, is disgusting
Tom is beyond patronizing. He'll learn when he's old.
OK boomer
* Patronising
Ironic that this has to be pointed out to you.
He's another James O'Brien, a privileged entitled hypocrite.
@@Chris-oz9qx oh how i agree on that!
How dare this woman. I have managed to get a mortgage after saving for 10 years! Not 4. A lot of my friends still don’t have places and are find it hard to save as they spend a lot of money on rent. Only people I know who managed to get a mortgage were people on way above average salaries