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Debate House Prices
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UK wage collapse
Comments
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Have you got a graph that shows wage inflation relative to HPI Hamish?0
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Sure.
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
And house prices to income versus affordability.....
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
leveller2911 wrote: »Just what the country needs a massive financial gamble,one that the next generation will pick up the tab for.
On a personal note ,past recessions have hit far worse than this one.
not quote sure which the 'next' generation is but future generations will inherit what we leave them as has been the case for a couple of million years0 -
More recent data.....
GDP
HPI
Wages
“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
But if each generation is bigger, individuals will inherit less.
Eh?
That would only be the case if wealth didn't grow as fast as population.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Does it and will it always?HAMISH_MCTAVISH wrote: »Eh?
That would only be the case if wealth didn't grow as fast as population.0 -
Does it and will it always?
It has....
Net Wealth:
Population:
Will it always?
Probably so.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0
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