Sure Sandra probably made some questionable decisions but she deserves a place to live for retirement after a lifetime career. The system shouldn’t be so viscous that people are cast out for missing a few important decisions along the way. I don’t feel that a 70yo with a two BR should be considered living beyond their means.
100% agree. This pull your up by your bootstraps. The expectation that everyone is a competent businessperson or doctor or lawyer or mechanic. I have known so many people that are simply not competent enough to do things and yes they deserve to not be on the street. Many give back to societ just not in ways that fit a mold but in some cases maybe not. It should not matter. There should be floor. Does not have to be great but it should be there even if you just sit around drinking or smoking all day. The typical person should be able to blow their whole paycheck and still get by and retire eventually. Because guess what bootstrappers. People blowing their money at the low level is good for the economy. People should not be saving or investing with no idea how those things work but because its the sytsem. Better for the government do that. People should be saving or investing for reasons. Because they are recognize what is a good investment and what is bad and not just to throw it in the market and hope. Or squirrel away in a bank to get a down payment. Spending is a good thing and we should encourage it by making sure no one has to worry about falling past a minimum.
but she deserves a place to live for retirement after a lifetime career
how so is she deserving ?
she had every opportunity to buy herself a modest 2 bedroom flat in Sydney 30-40 years ago and have been mortgage free when she retired and chose not to. Near impossible to buy a modest 2 bedroom flat in Sydney now and not have to use your Suoer at age 67 to pay it off.
Fuck me, she can move anywhere in Australia or even elsewhere in another country and chooses one of the most expensive cities on the planet ?
not counting intra city moves, I’ve moved 6 times (states and countries) in 20 years, the process is mildly annoying at worst.
Missing out on superannuation due to taking on domestic duties with kids, succumbing to financial coercion by male partners who prioritise their careers over child rearing, being aged out of the workforce. Blokes who grew up with single mothers know all about this.
I can totally understand the frustration at the boomer generation. But there is an underlying issue at play here which is unfair. There’s an assumption that older people should have forseen the future and made the right choices about housing. I was born in 1990, and I didn’t even see this housing crisis coming when I was in my mid 20s. Lots of people are being blamed for not making the right choices before the gate closed. The fact is that gate shouldn’t be closing. We shouldn’t have to live our lives focused on accumulating wealth just to be OK.
Class war is the only war.
Sure Sandra probably made some questionable decisions but she deserves a place to live for retirement after a lifetime career. The system shouldn’t be so viscous that people are cast out for missing a few important decisions along the way. I don’t feel that a 70yo with a two BR should be considered living beyond their means.
100% agree. This pull your up by your bootstraps. The expectation that everyone is a competent businessperson or doctor or lawyer or mechanic. I have known so many people that are simply not competent enough to do things and yes they deserve to not be on the street. Many give back to societ just not in ways that fit a mold but in some cases maybe not. It should not matter. There should be floor. Does not have to be great but it should be there even if you just sit around drinking or smoking all day. The typical person should be able to blow their whole paycheck and still get by and retire eventually. Because guess what bootstrappers. People blowing their money at the low level is good for the economy. People should not be saving or investing with no idea how those things work but because its the sytsem. Better for the government do that. People should be saving or investing for reasons. Because they are recognize what is a good investment and what is bad and not just to throw it in the market and hope. Or squirrel away in a bank to get a down payment. Spending is a good thing and we should encourage it by making sure no one has to worry about falling past a minimum.
how so is she deserving ?
she had every opportunity to buy herself a modest 2 bedroom flat in Sydney 30-40 years ago and have been mortgage free when she retired and chose not to. Near impossible to buy a modest 2 bedroom flat in Sydney now and not have to use your Suoer at age 67 to pay it off.
Fuck me, she can move anywhere in Australia or even elsewhere in another country and chooses one of the most expensive cities on the planet ?
not counting intra city moves, I’ve moved 6 times (states and countries) in 20 years, the process is mildly annoying at worst.
Everyone is deserving. By default. Its the default. People are people. People are not fucking money pinatas.
Bud you have no idea what her life was like.
Most boomers affected by this shit are women. Guess why
Go on
Missing out on superannuation due to taking on domestic duties with kids, succumbing to financial coercion by male partners who prioritise their careers over child rearing, being aged out of the workforce. Blokes who grew up with single mothers know all about this.
My mum got left off her family inheritance because she was a woman.
I can totally understand the frustration at the boomer generation. But there is an underlying issue at play here which is unfair. There’s an assumption that older people should have forseen the future and made the right choices about housing. I was born in 1990, and I didn’t even see this housing crisis coming when I was in my mid 20s. Lots of people are being blamed for not making the right choices before the gate closed. The fact is that gate shouldn’t be closing. We shouldn’t have to live our lives focused on accumulating wealth just to be OK.
Yes, entirely as you said: fuck you.