
VapourTimes
2.2K posts






















89% of those aged 66 and over own a property, and the overwhelming majority own outright with no mortgage. 1.7% of those aged 25-34 own their property outright. More than four in ten (42%) British adults under 40 who don't currently own a home have effectively given up on ever owning property — even among those earning over £60,000 a year, 38% say they can't see themselves affording a home in the next decade.





I suspect people don't realise how extractive the triple lock is on pensions. The triple lock means the state pension goes up by whichever is highest of: 1. Average earnings growth 2. Inflation as measured by September CPI 3. 2.5% regardless of any other factors. Inflation is 3.8% and nominal earnings growth is 4.8%, but even if you were flatlining and your earnings didn't outpace inflation, the pensions would still rise.




I am sick to death of older people being condescending towards the younger generation. I know a lot of young native British people that have to work multiple jobs just to afford rent because of the country we have been left with from past generations mistakes. We are struggling





Meanwhile, even the slightest gesture towards reducing the generous state benefits available to over-65s - a cohort that mostly attended university for free, by the way - is politically toxic enough to almost collapse a government. Why does this country hate young people so much?







