Quote:
Originally Posted by Ignitionnet
Relatively to incomes rents certainly are.
---------- Post added at 18:12 ---------- Previous post was at 18:10 ----------
Now it would likely be 10 times your income, and your mention of a TV at that price does away somewhat with the claims that today's kids throw money away while earlier generations were paragons of responsibility - the price of a TV then would now pay for a TV, an iPad, and a few months of mobile phone contract.
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Does it? It was a wedding present from my wife's parents. Like I said, not only could we not have afforded it but I'd rather have had the cash to do the work I wanted to do.
Unlike many of the kids of today we had that same TV for many years, how often does the average youngster change their phone which is exactly what the big corps everyone whines about want them to do. We put virtually every penny we had spare into our house and have never regretted it.
Come to think of it, when we got married we hired the local scout hall for the reception and did all the catering ourselves for about £300 all in. The wife's wedding dress was handed down and the bridesmaids dresses were made by my sister. I wore a work suit. How many people want to do that today? Many would rather have the big event for a day and pay for it over years. Of course these things wouldn't make up for everything the younger generation have to put up with today but if people thought more about sacrificing some of the things we did, they'd be much closer to being able to get themselves on the ladder.
The truth is that things have changed and people today think nothing of having all sorts of memberships, contracts, subscriptions etc. coming out of their salaries for things we'd never have dreamed of then and for the most part they'd rather have now/pay later.