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Debate House Prices


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BBC News - First Time Buyers Are Rich?

13

Comments

  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    In 1980 the family rented a video recorder, I remember it was £20 a month rental :eek:
    You can more or less buy a DVD player for that now on Amazon.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • tommy75
    tommy75 Posts: 583 Forumite
    You don't half spout some rubbish StevieJ.
  • shellnapier
    shellnapier Posts: 505 Forumite
    Cleaver wrote: »
    Maybe one of the new questions mortgage providers should ask new customers is whether they can understand basic maths and finance principles, such as working out simple percentages.

    It's around 17%.


    OH THERES ALLWAYS ONE!!! i just couldnt be bothered to work it out go blow a trumpet up ur but will ya

    why do u nd ti have a dig for somthing so pointless!!!!


    hack ME right offfff
    "Lifes a climb - but the view up in fantastic"
    Gina Shoe Challange - £150 14 days - day1 £3.01
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 18 April 2009 at 9:43PM
    OH THERES ALLWAYS ONE!!!

    Actually, there are loads of us on here.
  • poppy10_2
    poppy10_2 Posts: 6,597 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Cleaver wrote: »
    Actually, there are loads of us on here.
    :rotfl::rotfl::rotfl: :T
    poppy10
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    StevieJ wrote: »
    In 1980 the family rented a video recorder, I remember it was £20 a month rental :eek:
    You can more or less buy a DVD player for that now on Amazon.

    Thats great.

    But again you are not comparing like with like. You are comparing the height of technology in those days, with the basic (well, redundant) technology of these days.

    You'd be better comparing a video recorder back in 1980 with todays blu ray dvd recorder.

    Both are at the height of new technology. A blu ray dvd recorded will be standard in 10 years time, if something else hasn't taken it over. The thing that takes it over, will, again, be damn expensive.

    Really don't see the point in comparing a video recorder with how much it costs today and saying it was worse then. There will always be expensive new technology.
  • Cleaver wrote: »
    Actually, there are loads of us on here.
    get over ur self
    "Lifes a climb - but the view up in fantastic"
    Gina Shoe Challange - £150 14 days - day1 £3.01
  • z1985m
    z1985m Posts: 231 Forumite
    edited 19 April 2009 at 5:31PM
    Roughly 45% - 50% for us. i say roughly because my OH's wage fluctuates.

    EDIT:

    what a dafty, thats what i get for posting late at night. ours is about 30% - 35% i got my sums stupidly wrong.
  • Thats great.

    But again you are not comparing like with like. You are comparing the height of technology in those days, with the basic (well, redundant) technology of these days.

    You'd be better comparing a video recorder back in 1980 with todays blu ray dvd recorder.

    Both are at the height of new technology. A blu ray dvd recorded will be standard in 10 years time, if something else hasn't taken it over. The thing that takes it over, will, again, be damn expensive.

    Really don't see the point in comparing a video recorder with how much it costs today and saying it was worse then. There will always be expensive new technology.

    You can buy a decent Panasonic blu ray player for £250 "what hi-fi" best budget buy - usually where we look when we want to buy something like that.

    Consumer goods especially electrical/electronic are cheaper today, in real terms than they have ever been.

    If you bought a dvd player and it broke after a couple of years - would you have it repaired or replace it? In 1987 we would have had a video recorder repaired, because it was a lot cheaper than replacing it. Now we would just replace it.

    Unless you are going for absolute top of the range stuff most white goods and the like are no longer major purchases for most people. Unless I'm living in a parallel universe.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    tommy75 wrote: »
    You don't half spout some rubbish StevieJ.

    Thank you for the well thought out contribution :T
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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