We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Frustrated young person

12357

Comments

  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    edited 24 February 2014 at 2:31PM
    Percy1983 wrote: »
    Is it relative to cost, ie I can run a smart phone for less than they could run a BT line for in the 70s
    [
    /QUOTE]

    In your case quite possibly. We only had one phone line back then and it lasted decades. Now people have mobile, landline, broadband. People often change their phone at each contract renewable either for vanity, function, worn out or simple stupidity.

    In our family we have 4 mobiles and landline/broadband. We can readily afford these but many can't.

    Forgot to mention the thee PCs, two laptops, three tablets, three wide screen TVs, three lotsof digital audio........

    Bring back betamax and they 8 track.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Could just as easily be overweight heffers gorging on ready meals, takes outs and macie dees asking for gastric bands, diabetes and heart treatment.

    Not to mention health tourists, private botch job reversals, drink and drug overdoses on a weekend crowding out A&E or Henrietta who sprained her little thumb.

    Or expensive life saving drugs/treatment that weren't even thought of 20/30 years ago.

    Legal claimed for alleged negligence that wouldn't have seen their light of day in years past requiring endless form filling and @rse covering.

    Old age has always been a problem.
    Check this out:
    ImageVaultHandler.aspx

    With increased numbers of older people, we'll see much more need for diabetes and cancer treatments. Loads more 'life elongation' stuff.. forgetting that yes, there are more and more expensive treatments available, we're going to have a glut of old people in a few years time.

    Why do you think we're happy to have a bunch of new immigrants in the UK? They bring with them a bottoming out of that graph, and an increase in young people. The NHS runs on a pyramid scheme, needing lots more young people than old, to ensure there's enough tax to pay for it.
  • Percy1983
    Percy1983 Posts: 5,244 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Percy1983 wrote: »
    Is it relative to cost, ie I can run a smart phone for less than they could run a BT line for in the 70s

    In your case quite possibly. We only had one phone line back then and it lasted decades. Now people have mobile, landline, broadband. People often change their phone at each contract renewable either for vanity, function, worn out or simple stupidity.

    In our family we have 4 mobiles and landline/broadband. We can readily afford these but many can't.

    Forgot to mention the thee PCs, two laptops, three tablets, three wide screen TVs, three lotsof digital audio........

    Bring back betamax and they 8 track.

    Out of interest does anybody know how much a BT line cost in the 70s + a few calls? I can't find the answer.

    I am guessing my 47" 3D cost less than the average TV did in the 70s in adjusted terms.

    Dare I say I don't think the spending on gadgets has gone up massively over the years, you just get so much more for the same money these days.
    Have my first business premises (+4th business) 01/11/2017
    Quit day job to run 3 businesses 08/02/2017
    Started third business 25/06/2016
    Son born 13/09/2015
    Started a second business 03/08/2013
    Officially the owner of my own business since 13/01/2012
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Check this out:
    ImageVaultHandler.aspx

    With increased numbers of older people, we'll see much more need for diabetes and cancer treatments. Loads more 'life elongation' stuff.. forgetting that yes, there are more and more expensive treatments available, we're going to have a glut of old people in a few years time.

    Why do you think we're happy to have a bunch of new immigrants in the UK? They bring with them a bottoming out of that graph, and an increase in young people. The NHS runs on a pyramid scheme, needing lots more young people than old, to ensure there's enough tax to pay for it.
    No doubt a similar graph could have been peddled out for as given period Hence over the last 100 years.

    Old, a relative term, people aren't new and haven't just started. Many will live longer but only need the treatmen/care they would have received at an earlier age years ago.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    edited 24 February 2014 at 3:24PM
    Percy1983 wrote: »
    Out of interest does anybody know how much a BT line cost in the 70s + a few calls? I can't find the answer.

    I am guessing my 47" 3D cost less than the average TV did in the 70s in adjusted terms.

    Dare I say I don't think the spending on gadgets has gone up massively over the years, you just get so much more for the same money these days.

    Not that old but late 80s, quarterly bill inclusive of all calls with as rented(fully maintained) phone was £30 per quarter. Don't have the bill only the amounts. Today I pay £25 per month, provide my own phones plus have 3x contract phones @£18 per month( often more as "special features" get used) and a PAYG.

    Individual items may well be less. But a colour TV in the 70s would equate to a top end flat screen interactive TV these days, or more, in relative technology progression. We consume more of them more often in most cases.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • cells
    cells Posts: 5,246 Forumite
    IanW1983 wrote: »
    It depends what people want to buy and where I guess. I bought my home in 2009 (aged 26) on a below average wage on my own. I simply sold my flash car, got myself a tatty diesel and stopped spending on unnecessary items. It's not a palace but I call it home!


    Your sig says you have a mortgage of 66k which means you bought your home for 70-80k

    that simply isn't possible in most places and definitely isn't possible in the SE where a third of the popilation lives


    Also its not a bad thing to want good things in life.
    we are a first world nation and the average family should be able to comfortably purchase a good 100sqm home.
  • cells
    cells Posts: 5,246 Forumite
    Percy1983 wrote: »
    Out of interest does anybody know how much a BT line cost in the 70s + a few calls? I can't find the answer.

    I am guessing my 47" 3D cost less than the average TV did in the 70s in adjusted terms.

    Dare I say I don't think the spending on gadgets has gone up massively over the years, you just get so much more for the same money these days.



    As technology improves we should have more of everything.

    The problem over the last 40 years, if you want to call it a problem at all, is that most of this productivity gain has gone to the old.

    Go back even just 50 years and the average retirement was just 3 years and then death. Now the average retirement is about 14 years. So society has given the old 11 more years of leasure time at a yearly cost of some circa £200k a head. So not only is retirement costing society 200k more per person but there are also now a lot more of these persons.

    However nothing much can be done about it
    the only slight way to improve fairness would be to increase the retirement age quite rapidly to 70 and then maybe push it further towards 72-73
  • cells
    cells Posts: 5,246 Forumite
    ukcarper wrote: »
    When I was a kid in the sixties we live in what would nomillion assed as a slum 2 up 2 down no bathroom, hot water and toilet outside. My parents were on council list and didn't get a house until my younger sister was 11. The only way I would have got a council house when I got married would have been to stay at home with parents and have a child.


    The other thing was that in the south east there was not much private rental as most landlords were selling as soon as they lost their sitting tenant.


    There was a period in the 70s where the uk population fell slightly for about 4 years yet some 1.2 million additional homes were built during the same time.

    compare that to now
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    edited 24 February 2014 at 4:37PM
    But they'll all live forever and drain the crap out of the NHS.

    What's going to kill the NHS? Baby boomers, in about 10-20 years time, when they all start very slowly falling apart yet never dying.
    But they wont. Do you really think the generation they priced out will give a crap about expensive medical treatments for them and will be paying for them? I dont think so....

    The boomers will whine on about their ooman rites, whilst the yoof generation will put grandpops on the bonfire if it means they can get a new Iphone 17S.
  • cells
    cells Posts: 5,246 Forumite
    PaulF81 wrote: »
    But they wont. Do you really think the generation they priced out will give a crap about expensive medical treatments for them and will be paying for them? I dont think so....


    There is no choice but to pay for it, the only option is does the country

    Increase taxes to pay for it
    Lower spending elsewhere to pay for it
    Try to improve the proportion of young to old.

    There is one final salvation and that is technology and medicine lowers the real cost of heathcare....but the chances are they will help current conditions but mean people need even more care at an even older age to die from something else
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.3K Work, Benefits & Business
  • 601K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.