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Attn: Generations X & Y

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  • #32
    [Deleted User]
    Posts: 0 ✭ [Deleted User]


    topper75 wrote: »
    Baby boomers? That is the baby boom in the USA during and post war.

    Nothing to do with Irish generations. We had mass emigration in the 50s - total contrast.

    Our boom was 70s and 80s kids. There is prob a new one right now.

    You will not make sense of Irish demographics with US bracketing, or euro trends for that matter. They are utterly invalid here.

    I'd leave that stuff to MTV marketing types and start again with Irish stuff.

    Ach, boom is only shorthand. It doesn't mean that every child born in post war Ireland was affluent, but it's fair to say they had a different experience to those born during, say the economic war and WWII, more optimism, more household products etc.

    Those born in the 20s were the GI or Lost Generation even though GI is a phrase used only in America and only the countries involved in the WWII suffered huge loss in numbers.


  • #33
    Press_Start
    Registered Users, Registered Users 2 Posts: 151 ✭✭Press_Start


    Also the terms are used exclusively here to use age brackets. The terms are univeral, our generation were usually called "Tiger Cubs" by the experts but they still use the US terms as it fits with what people know.

    Gen V = Silent Generation
    Gen W = Baby Boomers
    Gen X = late 60-80s
    Gen Y Late 80's to 90's
    Gen Z = people under 18 now


  • #34
    paulbok
    Registered Users, Registered Users 2 Posts: 5,122 ✭✭✭paulbok


    Spider Web wrote: »
    Really? What's it like?

    Meh!


  • #35
    Tigger
    Closed Accounts Posts: 16,705 ✭✭✭✭Tigger


    Press_Start wrote: »
    The use of 1977 was just to show how cheap houses were. That was the middle of Baby Boomer territory and most Xers were buying houses in the 90s and later. As I've shown on the adjusted for inflation graph, housing prices have increased by 15 times, but the average wage has not. Adjusted for inflation that value you gave is around 400 quid. which means that the increas has been around 50% up to 683 odd quid.
    The average house price in 77 has increased by 15 times adjusting for inflation as per my graph previously.
    Press_Start wrote: »
    The graph and source form the previous page. It shows that the price of a 100k house in 77 is now worth around 450, adjusted for inflation, depending a little less than the 15x non adjusted price but still a lot more.
    In terms of pricing, a 50% increase in wage for inflation and a 300% increase in housing is hardly compatable, or fair to analyse. Going to the bank for a loan of 350k for what the bank will likely see as a negative equity mortgage in a few years is a harsh prospect for todays people in the modern price decline, where we're experiencing a slight bubble pop after an initial surge.

    In the first instance you say that the adjusted for inflation figures are 15?times higher
    I n the second you say that the adjusted for inflation figures are 4.5 times higher

    These are contradictory also what figure are you using for inflation


  • #36
    myshirt
    Registered Users, Registered Users 2 Posts: 5,245 ✭✭✭myshirt


    diomed wrote: »
    Generation W here.
    I started my 5 year articles in a Chartered Accountancy firm at the end of 1969 at £4 a month. One of the lads in the office started four years earlier at £1 a month.
    I qualified in 1974 and my first salary was £3,000 a year, and that was more than my father earned as a primary school principal.
    In 1977 I was on £4,900 a year.
    There was a bit of inflation from 1974 to 1977 but not 800%.
    Everyone should be delighted with salaries and prices now.

    Wow. You are old enough to remember when the pass rates of the exams made the floor of the Dail as an issue. There was talk of the Institute being nationalised!

    Your friend who started at 1 pound was lucky. If he had started a few years earlier he'd be paying the principal to train him!

    Pay rates for Chartered Accountants training is still appalling and we have a massive issue with socioeconomic diversity in the profession that you don't see in ACCA or CPA. ACCA and CPA not the same quality of qualification, yes, but nevertheless not right that we have that issue.


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  • #37
    Press_Start
    Registered Users, Registered Users 2 Posts: 151 ✭✭Press_Start


    Tigger wrote: »
    In the first instance you say that the adjusted for inflation figures are 15?times higher
    I n the second you say that the adjusted for inflation figures are 4.5 times higher

    These are contradictory also what figure are you using for inflation

    Apologies the previous graph with the really high prices are current prices, adjusting for inflation would make them lower. That was my mistake.


  • #38
    Tigger
    Closed Accounts Posts: 16,705 ✭✭✭✭Tigger


    Press_Start wrote: »
    Apologies the previous graph with the really high prices are current prices, adjusting for inflation would make them lower. That was my mistake.

    what is the inflation from 1977-2017


  • #39
    Spider Web
    Closed Accounts Posts: 386 ✭✭Spider Web


    FixdePitchmark wrote: »
    Y are getting it right, when X care about them

    They don't care about X at all - they are removing themselves from the constructs of Irish society - church , obsession with owning property, sexual restriction and enjoying a whole new form of Irish politics. They can meet people online now and talk to anyone at any moment.

    They can jump on a plane to a friend or family member in any continent - by desire and not need.
    The above could apply to much of generation X too. Actually the part about the plane could apply to the generation before X.
    This generation coming up are a generation ahead of me - but you know what, they are amazing , flexible , can do anything
    Weird pedestal placing you're doing there - "amazing"? "can do anything"? They're just people! I think they come in for some unfair flack but they're not amazing or capable of doing anything (and I can't see how they'd be any more flexible than previous generations - one could argue older generations had it tougher so were the ones who were more flexible and adaptable because they had to be). The stuff about people being amazing and can do anything is one of the problems today due to the unrealistic expectations it has caused (for generation X and Y).
    and will have to clean up the total **** hole- generation X created.
    Press_Start wrote: »
    the almost immovable and insurmountable ****heap that was left by X.
    Yeah, what are ye talking about and could ye specify which part of generation x? That's the problem with this generation defining - I get it to a point but I don't think it spans e.g. mid 60s to mid 80s. Those are two completely different generations.


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