GDP shrinks at fastest rate for 60 years

carolt

Interesting thread - my degree subject was history, so I rather enjoy a quick look at stuff like this.

carolt

Harry_Powell wrote: »

I don't know why you have to be so rude, I was perfectly polite in my exchanges to you.

I don't see how you can state categorically that just because rent control was brought in in the 1930's it follows that rents were cheaper than now. The very fact that the government had to bring in legislation to control rents shows that they must have been getting out of control in proportion to people's incomes. We don't have rent controls today, so it follows that the government doesn't feel that rents are getting out of control in proportion to people's incomes. Ergo (using your logic) rents are cheaper in proportion to income now than in 1930's Britian.

However, given the rather abusive tone to your post above, I'd rather not get dragged into another carolt slanging match so please accept my acquiescence in this matter.

There there, diddums.

I don't think your conclusions follow at all.

The recent MPs expenses scandal makes it abundantly clear why government does nothing about soaring rents - they all hope to make easy money as BTL landlords, at the taxpayers' expense.

I wish I had your faith in MPs, caring only about the needs of us poor renters.

I don't, however.

Really2

Most of the males that died in the 70's in our family were in their early 60's

don't forget to die at 52 in 1930 you would have been borne in 1878.

but i agree the figures could include child mortality but I should imagine that would not have been stated at it true rate in those times.

carolt

See:

http://www.ohe.org/page/knowledge/schools/appendix/life_expectancy.cfm

This would suggest rather higher figures for life expectancy - looks like about 60-65 for those born then, in the 1930's (which obviously does include WWII and infant mortality), and over 75 for those aged 45+.

carolt

Or this one, which admittedly is for Scotland only - not the healthiest part of the UK:

http://www.scotland.gov.uk/stats/sfwm/docs/sfwm-02.asp

The life expectancy at birth for people born in 1930-1932 was 59.5 years for women and 56.0 years for men. Since then, life expectancy has risen to reach 78.2 years for women and 72.8 years for men.

This makes it clear it is from birth, ie does include wars and infant mortality.

Point proved, I think.

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carolt

Wrong thread.

lostinrates

Inspector Monkfish, been drinking today?

baileysbattlebus

carolt wrote: »

Gosh, you are confused, aren't you?

It relates to this comment of Really's, on page 1:

"I think in the 1930's rent was quiet high proportion of take home wage."

I was trying to explain why that was not in fact the case - rents were controlled ergo not as high.

Do keep up!

Rent controls

Rents were frozen during the First World War to stop profiteering - they were also frozen during the Second World War.

In the twenties and thirties Acts of
Parliament were passed to allow rents to be
increased from their frozen 1914 level, but
not by a sufficient amount to catch up with
the general rise in the price level. The 1920
Act, for example, allowed a 40% increase
compared to an 80% price rise between 1914
and 1920. Houses which became vacant were
decontrolled up to 1933 and new houses built
post 1919 were also not subject to control.
But in 1939 all rents were again frozen, some
at the 1914 level plus others at the

decontrolled level.

The 1920 act didn't control all rents by any means.

A lot of people took in lodgers too, to help make ends meet.

Also in a lot of companies there was a "marriage bar" - the civil service, the post office, banks, nursing, police, armed forces, teaching, (though teaching wasn't quite so bad - as they did like women to teach) - women had to leave work when they married whether they wanted to or not.

Infact the marriage bar in the civil service was only lifted in 1973.

So property was bought on one income - it had to be - the wife couldn't work in most jobs after marriage.

Here is an interesting article about the "housing boom" of the 1930's, the different methods of raising the deposits and the part played by the builders and the building societies - some of it might be eerily familiar!

The end result was the Building Societies Act.

http://www.pre-war-housing.org.uk/

inspector_monkfish

lostinrates wrote: »

Inspector Monkfish, been drinking today?

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