Funny how we now live in a country where we have to increase tax, where the young have no chance of buying a property and where wages have been stagnant for a decade. And yet we were told that mass immigration was the answer to our problems.

Wake up everyone. We are being screwed so the rich man can get richer.

A lack of housing is forcing up prices while wages are suppressed, and now we have to pay more to house all those new immigrants beaching on the shingle of Kent and the others who legitimately bring their huge families here and are housed at our expense. Let's not even get into the added expense for the health service on treating these people, many of whom you see filling up our appallingly run hospitals.

This is the Britain that Tony Blair gave us and that no government since has reversed.

Do you ever feel like you have been had?

There's some truth to that, thought clearly reality has to factor in to the point where we acknowledge that 'making your own way' for younger people now is much more difficult than generations prior. For various reasons owning their own home and the likes are unreachable dreams for many compared to past generations, and so expecting them to dish out more to people who already effectively lucked out into a more advantageous position is a bit rich.

I'm not sure expecting a virtual pat on the back for paying for someone braces to be fitted quite covers the vast challenges a 20 or 30 something has ahead of them compared to past generations. With that said, as with anything, it depends how this money actually ends up being used. If it genuinely does benefit society, then that's one thing. It it just ends up being another government cash grab with funds not even finding their way to the places they're needed then that's another.

Edited by BlueJay (08 Sep 2021 12.26pm)

I’ve read that the actual ‘care’ part of care home costs is about £400 per week. So as I think Maple says, 4 years and £86,000 in payments and you get care free. You will however have been spending another £600-£800 per week or £120,000-£160,000 in that time on accommodation etc and will continue to do so. Most in the south won’t notice the difference, that is if relative in care lasts more than 4 years. Oh and they don’t start to keep a score of these £400 payments until October 2023 so everything before is ignored.

Edited by Rudi Hedman (08 Sep 2021 1.02pm)

COYP

Example of Care Home with nursing and medium care needs.

£3,500 per month for Care, £3,000 for accommodation. Purley.

You get some back for Funding for Nursing Care (around £740) and Attendance Allowance (around £390)

Edited by Mapletree (08 Sep 2021 7.37pm)

It’s not so much mortgage repayments that are the problem - it’s having the deposit. Quite often rent payments eclipse what a mortgage repayment would be on the same property.

A graduate on £28k annually would be paying tax @ 20%, NI @ 13.25% and student loan repayments @ 9%. Naturally there are allowances and thresholds before you start paying but that monthly net home barely leaves anything left after you have paid rent, bills and the cost of living meaning it’s nigh on impossible for young people to save anywhere near enough to get to the amount required to put down a deposit on a house.

But we are led to beleive that the fees payable for the education will allow you to earn at least 10% higher wages. That 9% is like a free hit. And I don't think the NI should be included as we all pay it. Basically it's 20 % tax like anyone under 50k. How much deposit is needed for a mortgage?