As a 19 year old, the prospect of buying a house seems a million miles away. A much better alternative, not just because of the price of houses, seems to be moving out of the country. As well as this, the relentless growth in population which has no end in sight, is making many of these issues worse.
I am in my early 30s and all my friends feel the same. Although we are young we have all been in work long enough to start to become fatigued at working very hard and having absolutely nothing to show for it. Im very good at managing money and manage to squirrel a tiny amount away each month but then 2 months of savings will get wiped when your car fails its MOT or the washing machine breaks, then you are back to square one. I am sick of working so many hours and setting up a side business and i just cannot get by. Then i have friends that are from wealthy families who have inherited thousands and now are a million miles ahead of me. They are already on their second homes, renting out their first properties and now significantly wealthier just through inheritance. Ah well i guess there is nothing i can do
Hello Nial thank you for your comment. For hard working people like yourself please don't give up. I moved to Australia several years ago and will never look back. High salaries and many job opportunities here plus compulsory superannuation means you can live and retire very well. All the best for your future and just wanted to give you and your hard working friends hope that things can definitely be better if you need to move for a few years 😁
Your starting out much the same as we all did, with endless work and low wages. For a time I worked 2 jobs, one from 8am till 4:30 and another 5 miles away by bus and a long walk, from 6 until midnight and mile walk to get home.
It was the economic crash of 2008 (when we were a member of the EU) that cause most of the problems we still suffer today (e.g. high debt and a reliance on more government spending/bailouts). Inflation was mostly caused by government monetising debt (money printing or defined as inflation) to pay for unnecessary lock-downs which also restricted supply, hence we had too much money chasing too few goods and services resulting in rising prices. Rising crime and poor productivity can be plotted against immigration levels both in and out of the EU. Instead of mass immigration which has been a disaster for the UK we should have pursued automation which would have increased productivity and increased wages. Instead we're stuck with slave labour with minimum wage jobs, poor productivity and high government debt to pay for it via the benefits system. Add to that unaffordable housing, a broken NHS and failing public services because of population increase without the necessary investment to cope.
I love the way videos like these start from Brexit. They seem to forget our per capita growth has ceased since the financial crisis in 2008. This was the fundamental issue for the UK, overly reliant on financial services. So, when you have a financial crash it'll hit you harder than more diversified economies.
The concept of using cheap foreign labour to support industries that fail to pay a living wage, is abhorrent, since you're essentially promoting slave labour. You then say that those on a low income struggle to buy basic necessities, which is partly a result of imported cheap labour forcing down wages. You then bemoan the rising crime rates, due largely to underpaid foreign workers turning to ways to supplement their income. Basically, you don't have a clue what's happening.
im 18 and have just started uni. i'm writing this at the start of the video so i'm not referring to anything yet in it. i dont think i'll ever be able to afford a house here, we have lower wages and standard of living compared to other countries in the EU. We have minimal indistries thanks to thatcher. I know a lot of people like me are looking to leave the UK after graduating due to the lack of prospects, opportunities and lack of perks to living in the UK. The UK has extremely high prices, for low quality which you're paying on low wages.
Work doesn't pay, that's the issue, wealth used to be generated by people working 100 hours a week, and reinvesting the excess. Do that now and once 50k is hit, half your money is lost in tax and national insurance. There's no incentive to carry on.
Taxes pay for the NHS for example. The alternative is private health insurance, which creates a two-tier health system in which those that have insurance get SOME of the bills paid but not all. Medical bills in the US account for 40% of bankruptcies, or 326,441 bankruptcies last year. While not perfect and being destroyed by private health, I prefer our system. Part of the issue is getting people to pay their share of the taxes to pay for the NHS.
@@Slamthedoor204 No, wages have in fact risen. I just think that's a good thing. The best thing to come out of the mucklefuck of Brexit is a rise in wages in light of an accidentally self-inflicted labor shortage. Wages should rise faster than profits & rents if we want to live in a safe, prosperous, and verdant society. I didn't disagree with the positive facts; I just think this is normatively desirable. Great job getting discussion going!
What is not helping is increasing the population with illegal and legal migrants. The average person contributing to the tax system feels betrayed by the attempt to facilitate this aggressive demographic change.
As a 19 year old, the prospect of buying a house seems a million miles away. A much better alternative,
not just because of the price of houses, seems to be moving out of the country.
As well as this, the relentless growth in population which has no end in sight, is making many of these issues worse.
👍
I emigrated in 2017 and have never looked back, I would recommend everyone to get out asap
I am in my early 30s and all my friends feel the same. Although we are young we have all been in work long enough to start to become fatigued at working very hard and having absolutely nothing to show for it. Im very good at managing money and manage to squirrel a tiny amount away each month but then 2 months of savings will get wiped when your car fails its MOT or the washing machine breaks, then you are back to square one. I am sick of working so many hours and setting up a side business and i just cannot get by. Then i have friends that are from wealthy families who have inherited thousands and now are a million miles ahead of me. They are already on their second homes, renting out their first properties and now significantly wealthier just through inheritance. Ah well i guess there is nothing i can do
Hello Nial thank you for your comment. For hard working people like yourself please don't give up. I moved to Australia several years ago and will never look back. High salaries and many job opportunities here plus compulsory superannuation means you can live and retire very well. All the best for your future and just wanted to give you and your hard working friends hope that things can definitely be better if you need to move for a few years 😁
very sad
@@PS-Straya_M8 thanks for the encouraging comment
@PS-Straya_M8 thanks mate, yea it may be worth looking into for sure. Glad you went for it and is working out for you :)
Your starting out much the same as we all did, with endless work and low wages. For a time I worked 2 jobs, one from 8am till 4:30 and another 5 miles away by bus and a long walk, from 6 until midnight and mile walk to get home.
It was the economic crash of 2008 (when we were a member of the EU) that cause most of the problems we still suffer today (e.g. high debt and a reliance on more government spending/bailouts). Inflation was mostly caused by government monetising debt (money printing or defined as inflation) to pay for unnecessary lock-downs which also restricted supply, hence we had too much money chasing too few goods and services resulting in rising prices. Rising crime and poor productivity can be plotted against immigration levels both in and out of the EU. Instead of mass immigration which has been a disaster for the UK we should have pursued automation which would have increased productivity and increased wages. Instead we're stuck with slave labour with minimum wage jobs, poor productivity and high government debt to pay for it via the benefits system. Add to that unaffordable housing, a broken NHS and failing public services because of population increase without the necessary investment to cope.
very sad to see
I love the way videos like these start from Brexit. They seem to forget our per capita growth has ceased since the financial crisis in 2008. This was the fundamental issue for the UK, overly reliant on financial services. So, when you have a financial crash it'll hit you harder than more diversified economies.
from Brexit on things went downhill
@@Slamthedoor204 long before brexit
@@xelthiavice4276 good to know
Wow. What total shit this is. I bet you blew every EU leader as well. EU are proud of you. Hope their payment was decent.
The concept of using cheap foreign labour to support industries that fail to pay a living wage, is abhorrent, since you're essentially promoting slave labour. You then say that those on a low income struggle to buy basic necessities, which is partly a result of imported cheap labour forcing down wages. You then bemoan the rising crime rates, due largely to underpaid foreign workers turning to ways to supplement their income. Basically, you don't have a clue what's happening.
Welcome to capitalism
what is really happening?
@@Undisputed_King yep
@@Slamthedoor204 The best way to understand some of the lunacy is read up about WEF and read their big reset agenda etc
It was always about keeping wages low and getting in cheap labour.
im 18 and have just started uni. i'm writing this at the start of the video so i'm not referring to anything yet in it.
i dont think i'll ever be able to afford a house here, we have lower wages and standard of living compared to other countries in the EU. We have minimal indistries thanks to thatcher. I know a lot of people like me are looking to leave the UK after graduating due to the lack of prospects, opportunities and lack of perks to living in the UK.
The UK has extremely high prices, for low quality which you're paying on low wages.
very unfortunate
I hate it here
👍
The problem wasn't Brexit!
Work doesn't pay, that's the issue, wealth used to be generated by people working 100 hours a week, and reinvesting the excess. Do that now and once 50k is hit, half your money is lost in tax and national insurance. There's no incentive to carry on.
there's always a positive side
Taxes pay for the NHS for example. The alternative is private health insurance, which creates a two-tier health system in which those that have insurance get SOME of the bills paid but not all. Medical bills in the US account for 40% of bankruptcies, or 326,441 bankruptcies last year. While not perfect and being destroyed by private health, I prefer our system. Part of the issue is getting people to pay their share of the taxes to pay for the NHS.
@@tonyhall699 The NHS isn't working, the waste is massive. There is more than just the US system out there too.
You lost me at "firms have to pay higher wages."
Good.
Did I get it wrong?
@@Slamthedoor204 YES
@@zig_ziggy some companies did increase the pay, it can be fact checked
@@Slamthedoor204 No, wages have in fact risen. I just think that's a good thing. The best thing to come out of the mucklefuck of Brexit is a rise in wages in light of an accidentally self-inflicted labor shortage. Wages should rise faster than profits & rents if we want to live in a safe, prosperous, and verdant society. I didn't disagree with the positive facts; I just think this is normatively desirable. Great job getting discussion going!
What is not helping is increasing the population with illegal and legal migrants. The average person contributing to the tax system feels betrayed by the attempt to facilitate this aggressive demographic change.
Spot on.
true
@@studas2011 yes sir
The usual suspect side of living in Great Britain
is it not true?