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Old 10-05-2018, 09:54   #18
Margaret Pilkington
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Re: Did anyone EVER give you 10 thousand pounds?

This is (like many other government interventions) ill considered, badly thought out and a completely useless action.
It does nothing to heal what is seen as a generational rift.
This generational rift that is talked of is a hyped up thing...it leaves those youngsters feeling like they should be having something done for them...but gives no motivation for these youngsters to plan strategies for their future.

It does not let them see the hardships that older generations faced...or look at how these generations overcame them.

It was no easy task to buy your first house for the people of MY generation....wages were low, interest rates were high....the only thing back then was you could get a 95 or even a 100% mortgage....but you had to make sacrifices to pay this off.

This plan to take from pensioners (on fixed budgets)to give to fit and able bodied young people(whose potential to earn is still there) will create a simmering resentment.

I am sure that many grandparents, and parents still support their adult children in some way or another.
Housing them and charging them little or no rent.

This think tank has spit for brains(and that is the polite term)
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