Reply To: Exchange rate


M&S 1.2008 today. no commission.

There needs to be a modest redistribution of wealth from the older generations to young people; but these youngsters cannot get on the housing market.

How would you suggest that is achieved…an age tax??

We have distributed a modest amount of money to the younger generation…to our children…to help them onto the property ladder. I think parents who can afford to, do just that. Many parents pay University fees nowadays, something my parents generation did not have to do, nor did we.
I feel very sorry for younger people today, but they expect everything from a very young age. A mobile phone at six. Computers, televisions, all the latest fashion.