{"id":44267,"date":"2017-02-16T01:28:11","date_gmt":"2017-02-15T18:28:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/baby-boomers-bash-back-with-facts-of-life-in-work-and-retirement-letters\/"},"modified":"2017-02-16T01:39:49","modified_gmt":"2017-02-15T18:39:49","slug":"baby-boomers-bash-back-with-facts-of-life-in-work-and-retirement-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/baby-boomers-bash-back-with-facts-of-life-in-work-and-retirement-letters\/","title":{"rendered":"Baby boomers bash back with facts of life in work and retirement | Letters"},"content":{"rendered":"<p>&#013;<br \/>\nPhilip Inman\u2019s article (Baby boomers, pay your dues, 14 February) ignores some important facts. First, the baby boomer generation inherited one of the highest levels of public debt in British history: 240% of GDP, following the war. They got that down to under 32% by the 1990s. The fact that they paid higher taxes than today during most of their working lives probably had something to do with it, as well as economic growth and the full-employment policy of successive governments before 1979.On pensions he uses some unwarrantedly extreme language. He makes misleading statements like \u201cmonster payouts from guaranteed final salary pension schemes\u201d, \u201cthe cost is unaffordable\u201d, \u201cpeople who have taken \u2013 and will continue to take \u2013 far more out of the system than they put in\u201d as if they are unassailable facts. (Hasn\u2019t Inman heard of compound interest?) Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2017\/feb\/15\/baby-boomers-bash-back-with-facts-of-life-in-work-and-retirement\" target=\"_blank\">Baby boomers bash back with facts of life in work and retirement | Letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Philip Inman\u2019s article (Baby boomers, pay your dues, 14 February) ignores some important facts. First,&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-44267","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-bvZ","jetpack-related-posts":[{"id":102542,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/opinion-retirement-options-for-baby-boomers\/","url_meta":{"origin":44267,"position":0},"title":"Opinion: Retirement options for baby boomers","date":"December 27, 2018","format":false,"excerpt":"\r BABY boomers sang along with The Beatles and The Rolling Stones, made space in their living rooms for the television, challenged the way we viewed race, religion and war, saw the introduction of contraception and planned parenthood...\r \r Source : nzherald.co.nz\/Property\r Read more...Opinion: Retirement options for baby boomers","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72909,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/baby-boomers-like-millennials-are-flocking-to-rentals-offering-a-hands-free-lifestyle\/","url_meta":{"origin":44267,"position":1},"title":"Baby boomers, like millennials, are flocking to rentals offering a &#039;hands-free&#039; lifestyle","date":"November 26, 2017","format":false,"excerpt":"\r Many boomers want amenity-rich apartments in good neighborhoods.\r \r Source : cnbc.com\r Read more...Baby boomers, like millennials, are flocking to rentals offering a 'hands-free' lifestyle","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86563,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/baby-boomers-scramble-to-release-equity-in-house-wealth-frenzy\/","url_meta":{"origin":44267,"position":2},"title":"Baby boomers scramble to release equity in house wealth frenzy","date":"April 26, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Baby boomers scramble to release equity in house wealth frenzy","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":86571,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/negative-equity-timebomb-for-banks-as-baby-boomers-cash-in-housing-wealth\/","url_meta":{"origin":44267,"position":3},"title":"Negative equity timebomb for banks as baby boomers cash in housing wealth","date":"April 27, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Negative equity timebomb for banks as baby boomers cash in housing wealth","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":108112,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millennials-as-likely-to-own-second-home-as-baby-boomers\/","url_meta":{"origin":44267,"position":4},"title":"Millennials as likely to own second home as baby boomers","date":"June 15, 2019","format":false,"excerpt":"\r Lucky minority of young matching fortunes of earlier generations. finds Resolution Foundation\r \r Source : ft.com\r Read more...Millennials as likely to own second home as baby boomers","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54809,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/aviva-pilots-carer-scheme-amid-drive-to-attract-baby-boomers\/","url_meta":{"origin":44267,"position":5},"title":"Aviva pilots carer scheme amid drive to attract Baby Boomers\u00a0","date":"May 15, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Aviva pilots carer scheme amid drive to attract Baby Boomers\u00a0","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/44267"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=44267"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/44267\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=44267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=44267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=44267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}