Quote:
Originally Posted by mrmistoffelees
Things generally cost less as well you know, money went further. And you didn’t need a spanking deposit to purchase a house. There was also significantly more social housing available at affordable rents than there is now
|
Even adjusted for inflation they earned less, and I’d wager there were more one income households. I find the contention that the “average” person could or should have prepared for pension age - when successive governments gave no indication of pension reform - ludicrous.
The housing bubble is the fault of politicians. Not manual workers of the 1970s earning the princely sum of £70 a week.