Resentment of this generation

ukcarper

the_flying_pig wrote: »

yeah, and I bet your mum let you have chips for tea every single night :exclamati

If you don,t believe me you might be able to get the information from the Land registry.

Beginning of 71 £4741 beginning of 73 £8398 77% increase overall inflation about 17%
Beginning of 02-£95,396 beginning of 04 £140,225 increase 47% increase overall inflation 3%

grizzly1911

the_flying_pig wrote: »

Hmph, well I like it. Not sure I can explain its origins - I suppose I picked it up on HPC. Phil Spencer has a bit of a lisp, I think that's a big part of it. I quite like it because I think it conveys a lot in a single word - sort of like, although I'm not explaining it very well, that the user is trying to ameloriate, you know, it's not a semi - it's a pwoperdee, to try and use a word, and a pronunciation of that word, that puts a positive spin, whilst in fact it's unknowingly pejorative, revealing that the user has thoughtlessly bought into bubble mentality.

Sounds like you should be Cleggs right hand man with that lot of ....

ash28

Graham_Devon wrote: »

Could you buy the same house today, as you did back then on the equivalient wages?

It always comes back to this. Regardless of washing machines, holidays etc, could you buy the same house?

Yes, we could - this is the same type of house on the same estate where we bought our first house.

http://www.caesar-howie.co.uk/view-property/for-sale/West-Lothian-Livingston/Bankton-Park-West/4005

We lived at number 42 - the garage is an add on since the houses were built.

So if you knock about £5k off because they weren't built with garages and we didn't have one - even when we moved.

1982 - house cost £23.5k - you could either have 3.5 x1. 3 x1 +1 or 2.5 x2 - interest rate on our mortgage was 13% - joint take home pay per month was around 700 between us (I didn't work when we bought the house, OH was on above average pay), but I was working with in 3 months, part time - in the evenings. Fulltime shop work paid about 2.5k a year at the time. Mortgage payments were around £270 a month. Food shopping cost us £26 per week and like someone else I had to shop with a calculator - £26 was what I earned a week- and it was to feed us.

Today - if you use 2.5 x2 - and average male salary of £28k plus 1 salary of £18k, take home abut £2900 -10% down - mortgage for £117k @ 5% is £690 repayment.

The difference is in the cost to service the mortgage for us it was 40% of take home pay - today it would be 23% of net income.

Average wage for a man in 1982 was about £7k (OH earned about £8.5k) - his equivalent pay today (average man's pay £28k) would be around £33.5k - so we could do it on 3.5 x1 one wage today. (as we did then) and if I worked p/t as I did then - and brought in £416 per month (total net income £2500 pm) - the mortgage would be 27% of net income

And regardless of what you say about how little it matters - things that were big ticket purchases in 1982 are not now - tv - washing maching, fridge, video recorders - not that you needed to buy them every week ofcourse but they were serious purchases then - I guess the reduction in price of this sort of thing has led to the dying out of the launderette - I knew loads of people who used them because they couldn't afford a washing machine.

There was a cartel for books - it didn't matter where you bought them - they cost the same - and they weren't cheap - publishers fought tooth and nail against supermarkets selling books cheaply.

Things in 1982 that I think were expensive compared to today - clothes, electrical goods, some food items (like sugar, bread, milk, and there was no "basics" range), flights, decent hairdresser, books, cars.

Things today that I think are expensive compared to when we bought our first house are beer (going to the pub), cinema tickets, ticket to watch a football match, cigarettes.

Cleaver

ash28 wrote: »

Things today that I think are expensive compared to when we bought our first house are beer (going to the pub), cinema tickets, ticket to watch a football match, cigarettes.

I don't smoke and have never done so, aside from a couple of months as a typical 15 year old. But for some reason I was looking at the cigarettes in a shop the other day and it's over £8 for a pack of twenty! Holy cr*p that's a lot of money. If you smoke twenty a day then your bill each year is more than we pay in interest each year on our mortgage...

System

Cleaver wrote: »

I don't smoke and have never done so, aside from a couple of months as a typical 15 year old. But for some reason I was looking at the cigarettes in a shop the other day and it's over £8 for a pack of twenty! Holy cr*p that's a lot of money. If you smoke twenty a day then your bill each year is more than we pay in interest each year on our mortgage...

Never smoked either, I find it hard to have sympathy for anyone complaining about money while they set fire to money throughout the day. I can hardly understand how anyone affords to smoke at all at £8 a pack!

StevieJ

Cleaver wrote: »

I don't smoke and have never done so, aside from a couple of months as a typical 15 year old. But for some reason I was looking at the cigarettes in a shop the other day and it's over £8 for a pack of twenty! Holy cr*p that's a lot of money. If you smoke twenty a day then your bill each year is more than we pay in interest each year on our mortgage...

I checked , Cigs are not £8 unless I suppose you get caught short in a club at 3AM, Silk Cut (probably the most expensive) £6.81 in Tesco, I am sure you can get some real coffin nailers under a fiver, then there is roll your own and duty free. I gave up quite a while ago, saved me a fortune so far

http://www.mysupermarket.co.uk/tesco-price-comparison/Tobacconist/Silk_Cut_King_Size_Purple_Cigarettes_20.html

Cleaver

StevieJ wrote: »

I checked , Cigs are not £8 unless I suppose you get caught short in a club at 3AM, Silk Cut (probably the most expensive) £6.81 in Tesco, I am sure you can get some real coffin nailers under a fiver, then there is roll your own and duty free. I gave up quite a while ago, saved me a fortune so far

http://www.mysupermarket.co.uk/tesco-price-comparison/Tobacconist/Silk_Cut_King_Size_Purple_Cigarettes_20.html

You know what, I was in a newsagent in central(ish) London, so maybe that's the reason why they seemed so expensive.

However, do real people smoke silk cut? Give me the prices on Marlboro Lights.

Edit: Just checked and they are around £7 too.

ash28

Cleaver wrote: »

You know what, I was in a newsagent in central(ish) London, so maybe that's the reason why they seemed so expensive.

However, do real people smoke silk cut? Give me the prices on Marlboro Lights.

My daughter was in WH Smiths in Reading station the other day and the guy in front of her was buying Marlborough - they were about £8.60 a packet. You'd have to be desperate.

abaxas

ash28 wrote: »

My daughter was in WH Smiths in Reading station the other day and the guy in front of her was buying Marlborough - they were about £8.60 a packet. You'd have to be desperate.

Went to the pub the other day.

£3.20 a pint. You'd have to be desperate.


Went to the petrol station the other day.

£1.42 a lt. You'd have to be desperate.


Lots of things are expensive. Tabs being one of them.

ash28

abaxas wrote: »

Went to the pub the other day.

£3.20 a pint. You'd have to be desperate.


Went to the petrol station the other day.

£1.42 a lt. You'd have to be desperate.


Lots of things are expensive. Tabs being one of them.

Been a while since I've heard "tabs", my sisters and family at home still say it - but once we moved to where we are now - they wouldn't have had a clue. So, cigarettes, ciggies or fags it is.