Player Watch Scott Pendlebury

[sideswipe]

I suspect the Ashcrofts will retire from football long before 400 games. With the massive salaries they will be getting, I doubt they will want to hang around until their mid 30's.
Why bang up your body for so long when you've amassed a fortune and can retire and start a new career.

Generally speaking, human nature doesn't work like that. If there is a chance to squeeze more years(dollars) out of a professional sporting career, most will take it. Expenses/lifestyle costs rise with income.

 

[granniewolf]

Generally speaking, human nature doesn't work like that. If there is a chance to squeeze more years(dollars) out of a professional sporting career, most will take it. Expenses/lifestyle costs rise with income.

Gen Z are supposedly a new breed with different aims in life.
Will be interesting to see how they progress over the coming years.

 

[PiCkLeJuiCe]

Gen Z are supposedly a new breed with different aims in life.
Will be interesting to see how they progress over the coming years.

If they are, they seem to be whining the same about home ownership as every previous generation has.

 

[sideswipe]

Gen Z are supposedly a new breed with different aims in life.
Will be interesting to see how they progress over the coming years.

Yeah, they will surely be the first generation since the beginning of time that doesn't want more stuff than their forebears.

 

[gouki88]

If they are, they seem to be whining the same about home ownership as every previous generation has.

The same? It’s quantifiably more difficult (not for the Ashcroft brothers)

 

[sideswipe]

The same? It’s quantifiably more difficult (not for the Ashcroft brothers)

It's about to get a bit easier. For those who keep earning. The pain is coming.

 

[granniewolf]

If they are, they seem to be whining the same about home ownership as every previous generation has.

I think they have every reason to whine unless they have rich parents who have half a dozen negatively geared houses tucked away.

 

[BillyElliott]

 

[sideswipe]

I think they have every reason to whine unless they have rich parents who have half a dozen negatively geared houses tucked away.

Sounds like you have been reading too much of the wrong thing. Anyone dumb enough to have "half a dozen negatively geared houses" right now(falling values/rising rates) is likely on an express train to Destination Effed as they become intimate with the concept of Negative Equity.

I think you are thinking of rich parents with unencumbered properties. They are the ones you want.

 

[gouki88]

It's about to get a bit easier. For those who keep earning. The pain is coming.

You sound like Robespierre!

 

[sideswipe]

You sound like Robespierre!

All the elements are upon us. I don't qualify as a boomer, but I might be a doomer.

 

[granniewolf]

Sounds like you have been reading too much of the wrong thing. Anyone dumb enough to have "half a dozen negatively geared houses" right now(falling values/rising rates) is likely on an express train to Destination Effed as they become intimate with the concept of Negative Equity.

I think you are thinking of rich parents with unencumbered properties. They are the ones you want.

I've been reading too much of everything.
One thing I did read recently was that even with rising interest rates, investment borrowing has not slowed down.
However, you're right about the rich parents with unencumbered properties are the ones you'd want.

 

[gouki88]

All the elements are upon us. I don't qualify as a boomer, but I might be a doomer.

Xoomer sounds pretty cool

 

[Pistol Night]

How about Geelong also agree to give Pendles as much space as Essendon two weeks ago so he’s feeling fresh go his record breaking game

 

[PiCkLeJuiCe]

I think they have every reason to whine unless they have rich parents who have half a dozen negatively geared houses tucked away.

So the Generation is no different to every other generation.

 

[granniewolf]

So the Generation is no different to every other generation.

Not really, they're the first generation to grow up with the internet.
They've never known life without smartphones and social media.

 

[sideswipe]

Not really, they're the first generation to grow up with the internet.
They've never known life without smartphones and social media.

We got cheap houses, they got dating apps. Fair trade

 

[granniewolf]

We got cheap houses, they got dating apps. Fair trade

Some of us also got 19% interest rates on our mortgages. Lots of people lost their houses during that time.
I am no doubt older than you and I can honestly say I think my generation lived in the best of times.
We grew up with freedoms that will never be seen again.

 

[Pistol Night]

We got cheap houses, they got dating apps. Fair trade

I would have worn a hole in my IPhone screen swiping if tinder was a thing in my teens

 

[sideswipe]

Some of us also got 19% interest rates on our mortgages. Lots of people lost their houses during that time.
I am no doubt older than you and I can honestly say I think my generation lived in the best of times.
We grew up with freedoms that will never be seen again.

What were these freedoms will never be seen again? You aren't talking about setting bras on fire?

 

[leon123]

Some of us also got 19% interest rates on our mortgages. Lots of people lost their houses during that time.
I am no doubt older than you and I can honestly say I think my generation lived in the best of times.
We grew up with freedoms that will never be seen again.

That was a brief period granny (they were tough times, coupled with a recession). Another way of looking at it (im doing these figures bt memory, but basically correct). Them days a house was valued at about 3x median household income, now its like 6

 

[granniewolf]

What were these freedoms will never be seen again? You aren't talking about setting bras on fire?

Kids growing up had a lot more independence. They made their own entertainment, they had to.
Most kids walked to school, if it rained we took our shoes and socks off and splashed around in the gutters as we walked home.
Did stupid things and learned from mistakes and could stay out after school as long as they were home in time for dinner.

Was easy to get jobs and if you didn't like one you could easily find another.
Most employers were happy to teach you on the job.
Obviously I don't include specialised occupations.
Only kids that went to uni were from well off families or had scholarships/burseries.

 

[sideswipe]

Kids growing up had a lot more independence. They made their own entertainment, they had to.
Most kids walked to school, if it rained we took our shoes and socks off and splashed around in the gutters as we walked home.
Did stupid things and learned from mistakes and could stay out after school as long as they were home in time for dinner.

Was easy to get jobs and if you didn't like one you could easily find another.
Most employers were happy to teach you on the job.
Obviously I don't include specialised occupations.
Only kids that went to uni were from well off families or had scholarships/burseries.

rose-colored glasses. You are making it sound like growing up in an episode of The Sullivans would be preferable to today.

And you are embellishing the job market. Today's has never been better. Although that might be about to change.

 

[granniewolf]

That was a brief period granny (they were tough times, coupled with a recession). Another way of looking at it (im doing these figures bt memory, but basically correct). Them days a house was valued at about 3x median household income, now its like 6

Yes it was fairly brief but it had a lasting effect for some.
I think 7% was the lowest interest rates we ever got with our house.

 

[granniewolf]

rose-colored glasses. You are making it sound like growing up in an episode of The Sullivans would be preferable to today.

And you are embellishing the job market. Today's has never been better. Although that might be about to change.

No, I'm really not using rose-coloured glasses. I wouldn't trade my growing up years for what they have today.
As for the job market, try telling university academics that it's never been better.
Big tech has been sacking hundreds of people.