Decline in our standard of living, when will it stop?

Carl31

There's not a decline in living standards, no one dying, there's no poverty, there's no children in rags in the streets, all that's happened is the easy ride the country was given over the past ten years has now ended, and its back to business as usual, its just no one really wants to face up to the fact life here isn't as rosy as its pretended to be

Go to africa and moan at the starving people at how hard life here is

Graham_Devon

Carl31 wrote: »

There's not a decline in living standards, no one dying, there's no poverty, there's no children in rags in the streets, all that's happened is the easy ride the country was given over the past ten years has now ended, and its back to business as usual, its just no one really wants to face up to the fact life here isn't as rosy as its pretended to be

Go to africa and moan at the starving people at how hard life here is

True.

I guess it's not helped by the fact that many many households are still paying for the last few years while trying to cope with today.

olly300

ruggedtoast wrote: »

All things being equal it would lead to increased use of public transport, but as people who have access to cars already don't use Britain's farcically fragmented and uncompetitive public transport network because it costs too much, it will probably just lead to fewer trips and even less economic stimulus.

In the South East the more people use public transport the higher the price gets.

Not only are they trying to price people off the road but they are pricing them of using public transport.

One reason why some people don't work, or refuse to take up jobs that people think they could practically take.

Thrugelmir

Graham_Devon wrote: »

It's not practical to set your living accomodation up around work. Not these days.

Then like many other countries. Renting becomes far more the norm perhaps. As people need to be more flexible in their outlook.

Graham_Devon

Thrugelmir wrote: »

Then like many other countries. Renting becomes far more the norm perhaps. As people need to be more flexible in their outlook.

Which, under this countries regulations surrounding rentals would be a big step back in living standards for anyone used to owning, which was the OP's point.

Doesn't really sound all that great in all honesty. Can't afford to live near where you work as you are priced out. Have been priced out of travelling there. So sell your house and rent near there instead at the mercy of a landlord, uprooting kids from schooling etc.

That's not the right direction to be heading in, IMHO.

Thrugelmir

Just worked out that my other half's NHS pension contributions will be rising over £50 per month from April. That and no pay rise as already at the top of the banding scale. The squeeze is coming from all directions.

Thrugelmir

Graham_Devon wrote: »

Which, under this countries regulations surrounding rentals would be a big step back in living standards for anyone used to owning, which was the OP's point.

Buying and selling property is very expensive, If prices remain flat then buying for the short term makes no sense anyway.

Our local council seem to have grasped that a change is required. As first stage of town centre redevelopment is going to include affordable housing incorporated in the scheme. .

oldvicar

All those whinging about the price of petrol should remember it goes a lot further than it used to.

An economical car today can do 60-70 mpg, whereas in yesteryear under 30 mpg was the norm. (Compare the fuel efficiency of Rolls-Royces rather than minis if you prefer, the proportions are similar)

An hour's worth of average wages easily fuels a journey just as long as it always did (short term changes excepted).

It is hardly surprising that in a high inflation environment we keep hitting 'record' prices. That's to be expected.

To specifically answer OP's question: "Decline in our standard of living, when will it stop?" there is a very straightforward and elegant answer: When we stop living beyond our means.

Sibley

I'm back in UK for a holiday.
Really shocked me how expensive everything is. This aint fun people.

WhiteHorse

Puddleglum wrote: »

However I have long been noticing inflation of items not in the official basket of goods rocketing up.

Note also that the content of the 'official basket of goods' changes as and when they need to fiddle the figures.