Quote:
Originally Posted by mrmistoffelees
The average wage in 1977 for manual worker per week was £70
Adjusting for inflation today would equate to approx £399
The average weekly wage now is £ 453.30
Now compare house valuations/prices vs salary etc
You generally got a lot more for your money in the 70s and if people were stupid enough to spunk it up a wall rather than plan for their future. Well,tough ?
Furthermore (and with zero evidence whatsoever) I’m betting that those twisting on about this are the same people who say that all youngsters need to do to buy a house is to cut down on Starbucks/avacado on toast/Netflix etc
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In the 70’s most households were single earning.
That means that around, ok a bit less, 50% of the population (women) did not work full time, or earn enough to pay into a pension ……..that’s a fact.
In the 70’s socialist utopia, private pensions just were not a thing.
---------- Post added at 22:08 ---------- Previous post was at 22:05 ----------
Quote:
Originally Posted by mrmistoffelees
Ah good old pierre using the edge/extreme case and attempting to make it the norm.
I do love how you suddenly care about pensioners, makes a change from the sociopathic persona in which you revel in presenting usually
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“Edge extreme” then call me “Sociopathic”. …….do you hear yourself when you think?