there's a lot to say about the subject, but as am at work will restrict myself to a few points. - We are all living in smaller and more expensive houses than the previous generation. Some of this is housing going up, some is that there are just more people around. In fact housing has gone up at the rate it has because of supply and demand. True, not many people can afford to buy a house in London/South East, but you can still get a decent rental property (although yes you will most likely have to share - see expanding population point). - People who are still sliding into debt: the housing market I don't think is to blame here (at least not in it's entirety), I think it's lifestyle. We live in a 24/7 kind of lifestyle in london where we can do pretty much anything we want, when we want if we can afford it. There are lots of cool expensive gadgets around to spend money on and is much easier to get into debt. In our parents day, there were less disirable expensive things available to tempt us. And of these, less were advertised as there was less pervasive advertising. - the fact that it's up to globalisation? Bullshit, it's because we want to live harder and faster than the previous generation. We were born at a relatively untroubled time. No big war or any great thing to worry about, a generation without too much of an identity, apart from excess. It's only now that we're starting to realise the issues that define our time period. The main ones being Enviromenalism, Terrorism & globalisation.
no subject
- We are all living in smaller and more expensive houses than the previous generation. Some of this is housing going up, some is that there are just more people around. In fact housing has gone up at the rate it has because of supply and demand. True, not many people can afford to buy a house in London/South East, but you can still get a decent rental property (although yes you will most likely have to share - see expanding population point).
- People who are still sliding into debt: the housing market I don't think is to blame here (at least not in it's entirety), I think it's lifestyle. We live in a 24/7 kind of lifestyle in london where we can do pretty much anything we want, when we want if we can afford it. There are lots of cool expensive gadgets around to spend money on and is much easier to get into debt. In our parents day, there were less disirable expensive things available to tempt us. And of these, less were advertised as there was less pervasive advertising.
- the fact that it's up to globalisation? Bullshit, it's because we want to live harder and faster than the previous generation. We were born at a relatively untroubled time. No big war or any great thing to worry about, a generation without too much of an identity, apart from excess. It's only now that we're starting to realise the issues that define our time period. The main ones being Enviromenalism, Terrorism & globalisation.