07-12-17, 03:32 PM
(07-12-17, 01:03 PM)darrsi link Wrote: [quote author=YamFazFan link=topic=17546.msg272073#msg272073 date=1512590280]
Home owning pensioners who claim...'It was just as difficult for us to buy 50 years ago!'
Around this way average house prices are now over 14 times average salary.
Don't think that was the case in 1967 :rolleyes
I'm in London, you can multiply that quite a bit more.
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I'm Cambridge. I think we are 2nd or 3rd behind London in the bonkers prices league along with Oxford.
Contrary to popular belief not everyone in Cambridge is a university don or a company director.
This horrible old witch phoned into Nicky Campbell's Radio 5 show last week claiming the reason younger people can't get on the housing ladder is because they won't cut back and go without like they did all those years ago (when purely by coincidence prices were a fraction of what they are now, even allowing for inflation).
That generation had the best of the lot.
Secure jobs, affordable housing, final salary pensions, free university education, retirement at 65 (and in many cases earlier).
Contrast that with what the young generation now have to look forward too.