Where does this leave our generation!!!

shankespony

I was looking at the state of the mortgage market and the figure seems to be around 140,000 mortgages impaired or in arrears out of over 760,000 in total. I then was thinking about economic impact and how many people that affects and if its say a couple with 1.38 children according to the last census that's roughly 473,000 people affected by my back of envelope arithmetic.

From an economic perspective this is nearly 20% of the population that have very little hope in these economic times. Salaries are hardly going to go up, every day cost of living is going up, utilities, fuel etc and the banks who were bailed out are squeezing variable rate mortgage holders and trackers cant stay as low as they are forever. If it moves the government taxes it. Very ironic that within less than 100years of independence we've messed it up massively ourselves!

I can't see any way out for Ireland, where does this leave our generation going forward?

4zn76tysfajdxp

shankespony wrote: »

I can't see any way out for Ireland, where does this leave our generation going forward?

Going forward, on a runway to another country

FatherLen

DOOOOOOOOOOOOOOOM

Fr_Dougal

Going forward we need to touch base with some blue sky thinking.

Guill

We need to get all our ducks in a row.

Bipolar Joe

I'd like to take this time to thank the older generation for fucking everything up so I didn't have to. It's a load off my back, so it is.

Crann na Beatha

This post has been deleted.

Tigger

i thought we were oil barrens (sic) today

corktina

Phoenix wrote: »

US,Canada,Oz,New Zealand take your pick

you can't take your pick on the plane....not even in the hold.

WoollyRedHat

In a mud hut down in Ballinasloe, picking potatoes, that's where.

starbelgrade

Meh. People have a bit less money & all the brickies had to fuck off to Australia.

It's not half as bad as people make it out to be.

9959

Guill wrote: »

We need to get all our ducks in a row.

I think we all need to step up to the plate with some turnkey solutions year on year with everyone thinking outside the box, belt and braces, looking for green shoots or something.

For Forks Sake

shankespony wrote: »

I can't see any way out for Ireland, where does this leave our generation going forward?

https://www.youtube.com/watch?v=uLR3CgeUeyc

GastroBoy

shankespony wrote: »

I was looking at the state of the mortgage market and the figure seems to be around 140,000 mortgages impaired or in arrears out of over 760,000 in total. I then was thinking about economic impact and how many people that affects and if its say a couple with 1.38 children according to the last census that's roughly 473,000 people affected by my back of envelope arithmetic.

From an economic perspective this is nearly 20% of the population that have very little hope in these economic times. Salaries are hardly going to go up, every day cost of living is going up, utilities, fuel etc and the banks who were bailed out are squeezing variable rate mortgage holders and trackers cant stay as low as they are forever. If it moves the government taxes it. Very ironic that within less than 100years of independence we've messed it up massively ourselves!

I can't see any way out for Ireland, where does this leave our generation going forward?

What some people seem to forget is that there have always been a percentage of mortgages in arrears, always.
It's not a phenomenon that occurred in the 4 years. Yes, there are more in arrears now and that is a sign of the poor economy.
What we don't need is "doom and gloomers" such as yourself making things out to be so much worse then they are.

youreadthat

Phoenix wrote: »

US,Canada,Oz,New Zealand take your pick

Why can't they learn another language.

bullpost

He's right.

Just finished a book on the Gulags - we are in paradise compared to what the millions who passed through that system suffered.

starbelgrade wrote: »

Meh. People have a bit less money & all the brickies had to fuck off to Australia.

It's not half as bad as people make it out to be.

Guill

9959 wrote: »

I think we all need to step up to the plate with some turnkey solutions year on year with everyone thinking outside the box, belt and braces, looking for green shoots or something.

We need to return to basics and ensure that the we do the 'small' things right.

Crann na Beatha

This post has been deleted.

Scanlas The 2nd

shankespony wrote: »

I was looking at the state of the mortgage market and the figure seems to be around 140,000 mortgages impaired or in arrears out of over 760,000 in total. I then was thinking about economic impact and how many people that affects and if its say a couple with 1.38 children according to the last census that's roughly 473,000 people affected by my back of envelope arithmetic.

From an economic perspective this is nearly 20% of the population that have very little hope in these economic times. Salaries are hardly going to go up, every day cost of living is going up, utilities, fuel etc and the banks who were bailed out are squeezing variable rate mortgage holders and trackers cant stay as low as they are forever. If it moves the government taxes it. Very ironic that within less than 100years of independence we've messed it up massively ourselves!

I can't see any way out for Ireland, where does this leave our generation going forward?

Which generation would that be?

Scanlas The 2nd

shankespony wrote: »

I was looking at the state of the mortgage market and the figure seems to be around 140,000 mortgages impaired or in arrears out of over 760,000 in total. I then was thinking about economic impact and how many people that affects and if its say a couple with 1.38 children according to the last census that's roughly 473,000 people affected by my back of envelope arithmetic.

From an economic perspective this is nearly 20% of the population that have very little hope in these economic times. Salaries are hardly going to go up, every day cost of living is going up, utilities, fuel etc and the banks who were bailed out are squeezing variable rate mortgage holders and trackers cant stay as low as they are forever. If it moves the government taxes it. Very ironic that within less than 100years of independence we've messed it up massively ourselves!

I can't see any way out for Ireland, where does this leave our generation going forward?

Which generation would that be?

arse..biscuits

Star Trekking across the universe, always going forward cause we can't find reverse