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Debate House Prices


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This surely cannot last.......

124

Comments

  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    30 years ago 3 cotton shirts and ties would have been at least a days wages.

    Now it's an hours wage.

    ......

    Unfortunately it probably still is a days wages, but for someone somwehere in Asia
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  • peterg1965
    peterg1965 Posts: 2,166 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    nearlynew wrote: »
    ..... Right, I've been out all day.

    A little bit drunk.

    I've just got in and my missus has been out shopping all day.

    She has bought me (amongst other things) ........... 3 cotton shirts for work - with ties - for £6


    !!!!!!

    Are they from that 'new' designer store " Matthew Allan"??
  • silvercar
    silvercar Posts: 50,682 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    At that price don't they count as disposable...certainly cost more to send them to the laundry service.
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  • Wookster
    Wookster Posts: 3,795 Forumite
    Disposable income has increased massively over the last few decades, as has standard of living.

    But I rather suspect the quality of shirts has decreased significantly......

    You've got it the wrong way around.

    We have 'enslaved' the Chinese, Vietnamese & Sri Lankans (and their children) who work in factories making things for us at stupidly low prices.
  • GDB2222
    GDB2222 Posts: 26,877 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    carolt wrote: »
    And to draw attention away from the other big bag containing 3 pairs of new shoes... ;)

    I was phoned up by the credit card company. "I'm terribly sorry to tell you that someone has stolen your card. They spent £XXX on shoes!" The last bit was in tones of incredulity that someone could spend that much on shoes even with a stolen card.

    I felt so, so embarrassed.....
    No reliance should be placed on the above! Absolutely none, do you hear?
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Wookster wrote: »
    You've got it the wrong way around.

    We have 'enslaved' the Chinese, Vietnamese & Sri Lankans (and their children) who work in factories making things for us at stupidly low prices.

    Ahhhh, I see.

    So you want house prices to fall by 30% to get us back to the old income multiple averages, (whilst ignoring the fact that people pay a lower percentage of income on housing today than they did then due to lower rates) but you want the cost of everything else to rise by several hundred percent, eliminating any perceived gain from falling house prices.......

    :rotfl:
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    Belief in myths allows the comfort of opinion without the discomfort of thought.”

    -- President John F. Kennedy”
  • Cleaver
    Cleaver Posts: 6,989 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Ahhhh, I see.

    So you want house prices to fall by 30% to get us back to the old income multiple averages, (whilst ignoring the fact that people pay a lower percentage of income on housing today than they did then due to lower rates) but you want the cost of everything else to rise by several hundred percent, eliminating any perceived gain from falling house prices.......

    :rotfl:

    It would be quite nice to have cheaper housing and clothing made without the use of child labour. I think both are probably possible.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Cleaver wrote: »
    It would be quite nice to have cheaper housing and clothing made without the use of child labour. I think both are probably possible.

    I often wonder about that, maybe the children work because they have to, for them and their families to survive icon9.gif What happens if you take away their job,will their govt look after them.
    '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
  • LydiaJ
    LydiaJ Posts: 8,083 Forumite
    Part of the Furniture Combo Breaker Mortgage-free Glee!
    edited 4 April 2010 at 2:20PM
    I think the idea is that you pay better wages and refuse to employ children, and then the jobs are done by adults. The adults can then support their families without extra income from the children, and the children have a chance to get educated. That's the best case, anyway. It's all horribly complicated, but at least if one tries to buy things that have been made by adults, then it supports jobs for adults, which is better than an economy based on child labour. To work well, eradicating child labour needs to be in conjunction with education, female literacy, healthcare, contraception, micro-finance, skills training etc etc etc
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    :)
  • carolt
    carolt Posts: 8,531 Forumite
    My brother told us how he was recently shown a factory in the Far East making lightbulbs. It was staffed by children not much older than mine, who were CHAINED TO THE DESK.

    I have no comment to make on this - genuinely lost for words.
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