How is this “news”? It’s been obvious, for years now, that we’re sittingon a time-bomb but the government don’t care what’s beyond the nextelection, never mind 25-30 years from now.
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This is as much a “No shit, Sherlock” finding as I could imagine. You think social housing is an issue now, wait until retirees can no longer afford rent and need state assistance.
*shocked pikachu face*
I will click on every one of these rehashed headlines to encourage these outlets to keep hammering home the message that firther action is needed.
The added issue is that anyone getting a mortgage now is getting a 30+ year term whereas back in the day most people were getting morthages younger and 20year terms and therefore had years of no mortgage before retirement
I’m fully expecting my retirement fund to pay off my mortgage. So I’ll probably still be working well into old age to live.
I mean I don’t want to but because of the actions of a few greedy cunts I’ll have to.
90% of retirees own now. Keep that statistic in mind as they tell you that it was as hard back in the day to buy housing.
6 comments
How is this “news”? It’s been obvious, for years now, that we’re sittingon a time-bomb but the government don’t care what’s beyond the nextelection, never mind 25-30 years from now.
​
This is as much a “No shit, Sherlock” finding as I could imagine. You think social housing is an issue now, wait until retirees can no longer afford rent and need state assistance.
*shocked pikachu face*
I will click on every one of these rehashed headlines to encourage these outlets to keep hammering home the message that firther action is needed.
The added issue is that anyone getting a mortgage now is getting a 30+ year term whereas back in the day most people were getting morthages younger and 20year terms and therefore had years of no mortgage before retirement
I’m fully expecting my retirement fund to pay off my mortgage. So I’ll probably still be working well into old age to live.
I mean I don’t want to but because of the actions of a few greedy cunts I’ll have to.
90% of retirees own now. Keep that statistic in mind as they tell you that it was as hard back in the day to buy housing.