The Most Stupid Demo EVER...bar none....

[GreiginFife]

Slightly off topic but I'll bite. The young ones that I know that have recently purchased a house, and a brand new house at that, are ALL in three bed houses. Not the two up/down terraced that we had. Now I realise that some will be struggling with energy bills when they rise, but let's hang on a minute, they haven't gone up yet! But oh no the people are already out there protesting at what may happen. And if it does turn out to be as bad as predicted, will these people cut back on luxuries like £500 phones with £30 a month tariffs. Will they nuts.

Unless you know the specifics of their purchase and mortgage then it's not really something that you can venture an opinion on. Many young people that have these "brand new houses" that you speak of are mostly either part of the help to buy scheme or shared equity. Which is the only way that young people can get in to home ownership these days. Neither scheme, as far as I'm aware, are available on a 1950's terraced 2 bed that's probably on the market for 20 or 30 grand above it's actual value.

But lets hang on another minute, cost of living isn't just energy prices (which the suppliers have been stealthily increasing since Oct/Nov last year, it's only the price cap that's not gone up yet), but it's about many other aspects. Did you not say you work in a supermarket? If so then surely you can see first hand that cost of living from an everyday essentials point of view has gone up markedly? If not then you are either blind or ignorant (or just wanting to have a pop at people that find themselves in difficulty now with the foresight to see what's coming). Average food prices have gone up 15% in the last year.

You say "what may happen"... You genuinely believe that there is a "may" here? That somehow the price cap isn't going to increase by £700 p.a? If so, then I'll have an ounce of what you've been smoking. Lets be clear and honest on this, IT IS GOING TO HAPPEN!

Lastly, it's not the "good ole days" any more, what happened in the 70's and 80s is largely irrelevant to the young people today that are feeling the pain of stagnating wages, zero hours contracts and pandemic induced unemployment. Conditions that you didn't have to deal with in tandem with increasing interest, inflation and everyday costs.

 

[Deleted member 29109]

Slightly off topic but I'll bite. The young ones that I know that have recently purchased a house, and a brand new house at that, are ALL in three bed houses. Not the two up/down terraced that we had. Now I realise that some will be struggling with energy bills when they rise, but let's hang on a minute, they haven't gone up yet! But oh no the people are already out there protesting at what may happen. And if it does turn out to be as bad as predicted, will these people cut back on luxuries like £500 phones with £30 a month tariffs. Will they nuts.

Why wouldn’t you buy a new bigger house over an old terrace? And how do you know they are not shared ownership houses?

As for energy bills not going up. Oh yes they have. My electricity bill has gone up from £85 to £135.

If you could tell me how I can get out of my £30pm phone contract to pay for the difference, that would be great.

Then tell me what to cut back on to pay the increase in council tax, heating oil, diesel, food, school dinners, insurance, NI, kids activities, clothing and so on.

 

[3offTheTee]

And the context you may be alluding towards is that when after paying all your bills so as to not go into debt you have about £8/day to live on, and then your power and gas goes up by £4/day…??

Think you are ‘swinging it’ with tour figures there H. An annual increase of £1460 is some rise on Household power and gas bills as I thought the estimate was less than half of that figure @£693

 

[SwingsitlikeHogan]

Think you are ‘swinging it’ with tour figures there H. An annual increase of £1460 is some rise on Household power and gas bills as I thought the estimate was less than half of that figure @£693

Not exaggerated if you are stuck on a pre-pay meter. In any case I think that even with say £2.50 extra a day on gas and electricity it’s not a push to find another £1.50/day in other additional cost of living increases…and even if you ignore all else then that £2.50 is rather significant when it reduces your £8/day for all living expenditure to £5.50/day. If I have £80/day to spend, then reducing that to £77.50 is no bid deal…but it is for the family on £8/day - it is a very big deal indeed.

 

[RichA]

Think you are ‘swinging it’ with tour figures there H. An annual increase of £1460 is some rise on Household power and gas bills as I thought the estimate was less than half of that figure @£693

I've been paying £97 a month for the last year. To renew in April I've been quoted £275 a month by my current provider. Over £2000 per year increase.
I haven't shopped around yet.

 

[3offTheTee]

Not exaggerated if you are stuck on a pre-pay meter. In any case I think that even with say £2.50 extra a day on gas and electricity it’s not a push to find another £1.50/day in other additional cost of living increases…and even if you ignore all else then that £2.50 is rather significant when it reduces your £8/day for all living expenditure to £5.50/day. If I have £80/day to spend, then reducing that to £77.50 is no bid deal…but it is for the family on £8/day - it is a very big deal indeed.

So the £4 has reduced to £2.50 37.5%. Which is it £4 or £2.50? Significant difference and I am sure you are just giving a hypothetical example or am I mistaken?

 

[Dando]

apparently there is to be a march soon protesting that anything other than Gore-Tex is over priced rubbish

 

[Imurg]

apparently there is to be a march soon protesting that anything other than Gore-Tex is over priced rubbish

But only if its not raining....

 

[howbow88]

And the 15% interest rate during the John Major days was during a time when house price affordability was much better. Adjusted for inflation, house prices now have more than doubled compared to 1992.

But, but, but what about the avocados!?!?

 

[azazel]

If anyone in the 80s was massively affected by rising interest rates and inflation, and chose not to protest about it, that was their decisions and doesn't mean people can't take to the streets now should they feel like it. People exercising their democratic right to protest is something you could argue the country could use a bit more of as inaction and indifference allows us to be taken advantage of.

 

[SwingsitlikeHogan]

So the £4 has reduced to £2.50 37.5%. Which is it £4 or £2.50? Significant difference and I am sure you are just giving a hypothetical example or am I mistaken?

Which bit of it don’t you think is realistic? The £8/day or that for some leccy plus gas could go up by £2.50-£4/day, never mind all the other increases that are happening.

Because in the scheme of things the issue is that all of the increased costs that have and will continue to come through will very significantly impact the poorest terribly - and immeasurably more in respect of their quality of life than those who have more.

 

[fundy]

Oil up to $95 a barrel, petrol prices already back at levels where people were protesting lately (over 150p a litre locally!)

At what level of energy/fuel prices is it ok for people to protest? asking for a crazy friend

 

[3offTheTee]

Which bit of it don’t you think is realistic? The £8/day or that for some leccy plus gas could go up by £2.50-£4/day, never mind all the other increases that are happening.

Because in the scheme of things the issue is that all of the increased costs that have and will continue to come through will very significantly impact the poorest terribly - and immeasurably more in respect of their quality of life than those who have more.

I have not said about the impact on the poorest.
Must be mis reading what I posted. Where have I ever mentioned ‘realistic‘ please? The fact is that the figure you quoted of £4 per day is incorrect in relation to the increases quoted.