Socialism

[drfchound]

I’m sure that when I was a kid almost everyone in my parents circle rented their houses.
The people who actually owned a house were deemed to bit a bit posh.

As for the kids of today, won’t they be ok when they inherit the former council houses that their parents bought.

And what about those people who invested in property, taking a chance which sometimes goes wrong.
Their kids will be extremely happy I guess when their inheritance comes along.

[Bentley Bullet]

I for one will most certainly be leaving far, far more behind than I inherited when my parents popped their clogs.

[drfchound]

I for one will most certainly be leaving far, far more behind than I inherited when my parents popped their clogs.

I wonder if the kids of some our our most vocal objectors to inflated house prices will be upset when their inheritance comes along.
I suppose they will be though if their parents leave the family home to the Red Cross.

[Axholme Lion]

I'll be leaving it all to the Donkey sanctuary or dogs home. Let people earn their own money.

[Filo]

I'll be leaving it all to the Donkey sanctuary or dogs home. Let people earn their own money.

Good, Keir Starmer has an interest in a Donkey Sanctury Lol!

[Bentley Bullet]

I'll be leaving it all to the Donkey sanctuary or dogs home. Let people earn their own money.

Good, Keir Starmer has an interest in a Donkey Sanctury Lol!

Yes, it's called the Labour party.

[drfchound]

Ta da.

[selby]

BB, the donkeys are not happy with that comparison.

[selby]

  The rents in the Labour controlled council of Doncaster for a council house in Askern were higher than the mortgage repayments per month  for a  bungalow in Norton per month and the reason my parents bought the bungalow in 1971/2.
   As for those three things Billy we beat the lot including that horrible little Barsteward who had nothing to do with the generations in the UK but was idolised and followed by a lot of your mates grannies and grandads over the pond on his tour of Europe 1935/45.

[SydneyRover]

meds selby meds

[SydneyRover]

When talking about how kids of those with property will inherit, what about the many of the 4.5 million renters will never get on 'the ladder' that will have sfa to hand down.

The UK used to be a place where many more rented property, probably due to controls on rents which were removed. It could have been so much better, lots of countries in Europe have large contingents of renters whom are happy to do so.

Homes should be just that, somewhere to live securely, the state should build homes to sell at cost+. Tax should be paid on windfall profits to take investors out of the market.

The benefits of security of tenure and a government that is there for the betterment of society  is something to aspire to.

[belton rover]

meds selby meds

That’s not how you spell mods.

[drfchound]

When talking about how kids of those with property will inherit, what about the many of the 4.5 million renters will never get on 'the ladder' that will have sfa to hand down.

The UK used to be a place where many more rented property, probably due to controls on rents which were removed. It could have been so much better, lots of countries in Europe have large contingents of renters whom are happy to do so.

Homes should be just that, somewhere to live securely, the state should build homes to sell at cost+. Tax should be paid on windfall profits to take investors out of the market.

The benefits of security of tenure and a government that is there for the betterment of society  is something to aspire to.

There are taxes on windfall profits.

[SydneyRover]

what is the rate?

[Herbert Anchovy]

Just after the 2019 GE they were interviewing people from traditional Labour heartlands and asking them why they voted Tory after decades of supporting Labour. One bloke said that he was still a Socialist at heart but now he’d retired he didn’t need Labour anymore. Nice.

[SydneyRover]

There is a study that I've mentioned a few times that shows that when people become wealthy they vote to protect it. Not everyone of course.

[Bentley Bullet]

Just after the 2019 GE they were interviewing people from traditional Labour heartlands and asking them why they voted Tory after decades of supporting Labour. One bloke said that he was still a Socialist at heart but now he’d retired he didn’t need Labour anymore. Nice.

I've got a mate like that. When he was working he wanted all the greedy rich pensioners to give him some of their money. Now he's retired he's dead against that idea. I wonder how many other 'staunch socialists' react the same when the boot's on the other foot?

[i_ateallthepies]

I’m sure that when I was a kid almost everyone in my parents circle rented their houses.
The people who actually owned a house were deemed to bit a bit posh.

As for the kids of today, won’t they be ok when they inherit the former council houses that their parents bought.

And what about those people who invested in property, taking a chance which sometimes goes wrong.
Their kids will be extremely happy I guess when their inheritance comes along.

Many of those potential inheritances will never be seen by those you are talking about due to the the money being swallowed up paying care costs for the elderly parents in their twilight years.

[Prez]

I’m sure that when I was a kid almost everyone in my parents circle rented their houses.
The people who actually owned a house were deemed to bit a bit posh.

As for the kids of today, won’t they be ok when they inherit the former council houses that their parents bought.

And what about those people who invested in property, taking a chance which sometimes goes wrong.
Their kids will be extremely happy I guess when their inheritance comes along.

Many of those potential inheritances will never be seen by those you are talking about due to the the money being swallowed up paying care costs for the elderly parents in their twilight years.

Yep thats the dilema facing my parents right now, who have worked hard all their lives to pay for their house. Now in their 80s they are about to face huge care home costs.

[drfchound]

I’m sure that when I was a kid almost everyone in my parents circle rented their houses.
The people who actually owned a house were deemed to bit a bit posh.

As for the kids of today, won’t they be ok when they inherit the former council houses that their parents bought.

And what about those people who invested in property, taking a chance which sometimes goes wrong.
Their kids will be extremely happy I guess when their inheritance comes along.

Many of those potential inheritances will never be seen by those you are talking about due to the the money being swallowed up paying care costs for the elderly parents in their twilight years.

Yep thats the dilema facing my parents right now, who have worked hard all their lives to pay for their house. Now in their 80s they are about to face huge care home costs.

It will happen in some cases Prez but won’t happen in many other cases too.
Careful future planning can help to avoid some care costs though, particularly where multiple properties are involved.

[SydneyRover]

I’m sure that when I was a kid almost everyone in my parents circle rented their houses.
The people who actually owned a house were deemed to bit a bit posh.

As for the kids of today, won’t they be ok when they inherit the former council houses that their parents bought.

And what about those people who invested in property, taking a chance which sometimes goes wrong.
Their kids will be extremely happy I guess when their inheritance comes along.

Many of those potential inheritances will never be seen by those you are talking about due to the the money being swallowed up paying care costs for the elderly parents in their twilight years.

Yep thats the dilema facing my parents right now, who have worked hard all their lives to pay for their house. Now in their 80s they are about to face huge care home costs.

It will happen in some cases Prez but won’t happen in many other cases too.
Careful future planning can help to avoid some care costs though, particularly where multiple properties are involved.

See what went wrong Prez, your parents should have planned and had multiple properties.

[Filo]

I’m sure that when I was a kid almost everyone in my parents circle rented their houses.
The people who actually owned a house were deemed to bit a bit posh.

As for the kids of today, won’t they be ok when they inherit the former council houses that their parents bought.

And what about those people who invested in property, taking a chance which sometimes goes wrong.
Their kids will be extremely happy I guess when their inheritance comes along.

Many of those potential inheritances will never be seen by those you are talking about due to the the money being swallowed up paying care costs for the elderly parents in their twilight years.

Yep thats the dilema facing my parents right now, who have worked hard all their lives to pay for their house. Now in their 80s they are about to face huge care home costs.

It will happen in some cases Prez but won’t happen in many other cases too.
Careful future planning can help to avoid some care costs though, particularly where multiple properties are involved.

My Mother put her house into a trust, made it untouchable for care costs after 7 years has elapsed, she didn’t live long enough to get into a care home, but if she did the house was safe, she also made me joint bank account holder so that money avoided probate

[Prez]

I’m sure that when I was a kid almost everyone in my parents circle rented their houses.
The people who actually owned a house were deemed to bit a bit posh.

As for the kids of today, won’t they be ok when they inherit the former council houses that their parents bought.

And what about those people who invested in property, taking a chance which sometimes goes wrong.
Their kids will be extremely happy I guess when their inheritance comes along.

Many of those potential inheritances will never be seen by those you are talking about due to the the money being swallowed up paying care costs for the elderly parents in their twilight years.

Yep thats the dilema facing my parents right now, who have worked hard all their lives to pay for their house. Now in their 80s they are about to face huge care home costs.

It will happen in some cases Prez but won’t happen in many other cases too.
Careful future planning can help to avoid some care costs though, particularly where multiple properties are involved.

Yes it can Graham, and as understand some provisions have been made, but to what extent i dont know. They certainly dont own multiple properties.

[Prez]

I’m sure that when I was a kid almost everyone in my parents circle rented their houses.
The people who actually owned a house were deemed to bit a bit posh.

As for the kids of today, won’t they be ok when they inherit the former council houses that their parents bought.

And what about those people who invested in property, taking a chance which sometimes goes wrong.
Their kids will be extremely happy I guess when their inheritance comes along.

Many of those potential inheritances will never be seen by those you are talking about due to the the money being swallowed up paying care costs for the elderly parents in their twilight years.

Yep thats the dilema facing my parents right now, who have worked hard all their lives to pay for their house. Now in their 80s they are about to face huge care home costs.

It will happen in some cases Prez but won’t happen in many other cases too.
Careful future planning can help to avoid some care costs though, particularly where multiple properties are involved.

See what went wrong Prez, your parents should have planned and had multiple properties.

Nah, they should have tossed it off and sponged off others Sydney ;-)

[drfchound]

I’m sure that when I was a kid almost everyone in my parents circle rented their houses.
The people who actually owned a house were deemed to bit a bit posh.

As for the kids of today, won’t they be ok when they inherit the former council houses that their parents bought.

And what about those people who invested in property, taking a chance which sometimes goes wrong.
Their kids will be extremely happy I guess when their inheritance comes along.

Many of those potential inheritances will never be seen by those you are talking about due to the the money being swallowed up paying care costs for the elderly parents in their twilight years.

Yep thats the dilema facing my parents right now, who have worked hard all their lives to pay for their house. Now in their 80s they are about to face huge care home costs.

It will happen in some cases Prez but won’t happen in many other cases too.
Careful future planning can help to avoid some care costs though, particularly where multiple properties are involved.

See what went wrong Prez, your parents should have planned and had multiple properties.

Nah, they should have tossed it off and sponged off others Sydney ;-)

…..or just left it to the Labour Party like all good members would do.

[drfchound]

I’m sure that when I was a kid almost everyone in my parents circle rented their houses.
The people who actually owned a house were deemed to bit a bit posh.

As for the kids of today, won’t they be ok when they inherit the former council houses that their parents bought.

And what about those people who invested in property, taking a chance which sometimes goes wrong.
Their kids will be extremely happy I guess when their inheritance comes along.

Many of those potential inheritances will never be seen by those you are talking about due to the the money being swallowed up paying care costs for the elderly parents in their twilight years.

Yep thats the dilema facing my parents right now, who have worked hard all their lives to pay for their house. Now in their 80s they are about to face huge care home costs.

It will happen in some cases Prez but won’t happen in many other cases too.
Careful future planning can help to avoid some care costs though, particularly where multiple properties are involved.

My Mother put her house into a trust, made it untouchable for care costs after 7 years has elapsed, she didn’t live long enough to get into a care home, but if she did the house was safe, she also made me joint bank account holder so that money avoided probate

Crikey Filo, you will have Syd on your case for admitting that.

[Herbert Anchovy]

Just after the 2019 GE they were interviewing people from traditional Labour heartlands and asking them why they voted Tory after decades of supporting Labour. One bloke said that he was still a Socialist at heart but now he’d retired he didn’t need Labour anymore. Nice.

I've got a mate like that. When he was working he wanted all the greedy rich pensioners to give him some of their money. Now he's retired he's dead against that idea. I wonder how many other 'staunch socialists' react the same when the boot's on the other foot?

Plenty I’d suspect BB. A sad indictment of that generation who ‘pulled up the ladder’.

[Bentley Bullet]

What do you mean by pulling up the ladder?

[SydneyRover]

Just after the 2019 GE they were interviewing people from traditional Labour heartlands and asking them why they voted Tory after decades of supporting Labour. One bloke said that he was still a Socialist at heart but now he’d retired he didn’t need Labour anymore. Nice.

I've got a mate like that. When he was working he wanted all the greedy rich pensioners to give him some of their money. Now he's retired he's dead against that idea. I wonder how many other 'staunch socialists' react the same when the boot's on the other foot?

Plenty I’d suspect BB. A sad indictment of that generation who ‘pulled up the ladder’.

Another sad indictment is we have people on a political thread that don't know what a ladder is and cannot tell one politician from another.

[drfchound]

Just after the 2019 GE they were interviewing people from traditional Labour heartlands and asking them why they voted Tory after decades of supporting Labour. One bloke said that he was still a Socialist at heart but now he’d retired he didn’t need Labour anymore. Nice.

I've got a mate like that. When he was working he wanted all the greedy rich pensioners to give him some of their money. Now he's retired he's dead against that idea. I wonder how many other 'staunch socialists' react the same when the boot's on the other foot?

Plenty I’d suspect BB. A sad indictment of that generation who ‘pulled up the ladder’.

Another sad indictment is we have people on a political thread that don't know what a ladder is and cannot tell one politician from another.

Even sadder that people don’t understand that BB asked who pulled up the ladder and didn’t ask what is a ladder.