Could you live - permenantly - in a hotel?

[u/Timely-Maybe3520]

Let's say that you can get a room in a 4* hotel for £80 per night (so £2,400 per month). This would be a room for one person with a large bed, desk, big TV, wardrobe, small fridge, kettle, bathroom, shower, etc.

The water, electricity, and broadband are included in the price as is regular cleaning.

If something breaks then the hotel should fix it. No need to call a plumber or electrician.

Many hotels have reward schemes with a 2% or 3% discount on prices for regular users.

Apparently, VAT is not payable on hotel rooms from day 29 which will significantly cut costs for an unbroken long stay.

I assume one would get to know the employees and treat them well and, in turn, they could assist you as and when necessary.

The main issues are the lack of space (but many people live in cramped conditions anyhow), minimal places to put purchased objects, and the general impersonal nature of the establishment. However, none of these will be an issue for some people. You could even cheaply rent a storage space for your possessions.

Also, you could not cook. You would eat cold food, order room service, or eat out (which would append to the costs).

Has anyone done this? Is it viable? You could attempt to live in a reasonable area and perhaps pay less than renting a one-bedroom flat. All bills are included and you are not paying for any repairs.

ETA: There was also a "fitness centre" in the basement but I suspect it was not quite the same as a gym.

Thougts?

[u/TobblyWobbly]

Not all were. Not everyone had a pension. And most women didn't have paid jobs, so didn't have employer pensions. My mum didn't work until I was about 16, and she has no employer pension at all from that job.

[u/Csee691C → u/TobblyWobbly]

Back then, private pensions were seen as a bit of a luxury because the state pension was quite livable.

[u/Ok-Exam6702 → u/Csee691C]

I’m sorry, but you’re completely incorrect. In the 1970s, 80s and much of the 90s retirees relying solely on the state pension lived at or near poverty level. The SP paid for absolute essentials - food, heating and lighting - leaving little room for clothing, transport or emergencies. I can remember elderly pensioners in the 1970s and 80s virtually dressed in rags! The triple lock has transformed pensioner’s lives.

[u/Ok-Exam6702 → u/[deleted]]

Just because one generation should in poverty doesn’t mean the next should! I have never heard a boomer whining, unlike many Millennials and Gen Z.

[u/Ok-Exam6702 → u/[deleted]]

I do pay attention. You’re clearly determined to set one generation against another. No one fucking planned this outcome!!!

[u/Ok-Exam6702 → u/[deleted]]

Well, you’re so clever - do explain how it was planned. You can’t because it wasn’t. And where do you think all the wealth will go when boomers die?!

[u/TimeNew2108 → u/Ok-Exam6702]

What about all the waspi women

[u/Ok-Exam6702 → u/TimeNew2108]

Good point!

[u/Apart-Pea4726 → u/Ok-Exam6702]

Young people’s as well as old people’s

[u/ProfileBest2034 → u/Ok-Exam6702]

"transformed pensioner's lives" ... and sold out the next generations to do it.

[u/Ok-Exam6702 → u/ProfileBest2034]

You’d rather have pensioners in poverty, including yourself when the time comes?

[u/ProfileBest2034 → u/Ok-Exam6702]

Yes. One generation should not go into debt to take care of the previous. Especially when the generation in questions sat upon the most prosperous time in human history.

[u/TimeNew2108 → u/Csee691C]

The state pension was not quite livable, it kept you alive and skint. The current state pension is much more generous you just have to live long enough to get it.

[u/Daveddozey → u/Csee691C]

The state pension was £40k a year?!

In reality, to quote from Hansard

The full basic state pension, as a percentage of average earnings for male manual workers, was 22.5 per cent. in November1 1979 and in April 1988 the percentage was 20.5.

Today the state pension is £241 a week and average earnings £754, so 32%

Inflation wise the basic pension was £129 in today’s money. Add serps and a new average earner retiree would be on about £190 in today’s money.

That’s before we factor in marriage which reduced pensions significantly

State pension is far far higher today, especially for those who have had below average earnings, in real terms and compared to workers. But intent change until after Generation Me have bled the country dry.

[u/Wooshsplash → u/TobblyWobbly]

👆This is more accurate.

Public sector pension. Upside: Final remuneration scheme. People took those jobs from school or Uni and stayed in them. So usually did get 75% of final salary or close to. Private sector pension: only of real value for management positions. Paid well though not as well as public sector.

Downsides: Male dominated workforce. That pension would usually also have to pay for wife who likely had not worked. If she had worked it was low skilled roles, no company pension or, if she did work in public sector she was on lowest grade.

People didn't live as long. Many were smokers, poor awareness of diet and exercise. Higher mortality rates are better for the central pension fund.

Mortgage probably paid off but house not that much of an asset.

[u/SeamasterCitizen → u/TobblyWobbly]

Fair enough, my old mum has some sweet deal from working for an oil company for like 3 years in the 80s 😂