Wow never realised these times were so good!

[PurpleGorilla]

I'm guessing ..

1. There weren't so many people about, especially in the years soon after WW1 and WW2

2. Mortgages were tougher to obtain, for anyone but self-evidently regular savers over several years, with good prospects, and many didn't have the means or the self-discipline to save like that.

2. Massive housebuilding projects after the WWs meant there wasn't such a shortage, and many people preferred newer smaller houses as the older ones, with Victorian wiring and leaky windows etc, tended to be money pits

3. Incredible as it sounds to us today, until about the '60s big houses and/or houses with large gardens and even oodles of acres of land were generally seen as a burden

New houses were usually pretty decent. I know there was some non standard construction and asbestos, but still reasonable plots, in reasonable locations, for reasonable money.

Today a new build is built on the edge of town, no conveniences, made out of paper, with 'hear your mrs take a tulip thin walls', and on top of one another, f all garden, f all space to park a car, and lots of speed bumps, and totally overlooked.

http://www.rightmove.co.uk/property-...-52879190.html

[WTFH]

Because we consider many things "essential" now which were previously luxuries.


Taking kids away at half term/Easter & summer for foreign holidays? 30 years ago it was rare, now it's almost compulsory
Multi-car households? Rare 50 years ago, maybe some households would have 2 cars, but there weren't households where everyone over 17 had a car.
Mobile phone/broadband/subscription TV
Then there's the tablets, computers, gadgets, and we tend to replace rather than repair.
Consumerism is just that - consuming things.
...but if we don't have the latest and greatest, then we can't boast about it on Facebook and our lives are over.

But everything you list has gone down in price.

So, 4 holidays now cost less than 1 holiday 30 years ago? I don't think so. I remember Freddie Laker - the Stelios of his day, and you didn't pay extra for food, bags etc.
In the 1960s how much did a mobile phone cost? Or a broadband connection? Or Sky? They certainly haven't come down in price from 40+ years ago.


So, possibly the cost of buying a car has gone down, but fuel for the car has gone way up, as has insurance. In 1971 a gallon of petrol was 34.25p, that's 7.54p per litre.

[PurpleGorilla]

So, 4 holidays now cost less than 1 holiday 30 years ago? I don't think so. I remember Freddie Laker - the Stelios of his day, and you didn't pay extra for food, bags etc.
In the 1960s how much did a mobile phone cost? Or a broadband connection? Or Sky? They certainly haven't come down in price from 40+ years ago.


So, possibly the cost of buying a car has gone down, but fuel for the car has gone way up, as has insurance. In 1971 a gallon of petrol was 34.25p, that's 7.54p per litre.

It makes no sense to me. The whole country is so fvcked up.

[DimPrawn]

It makes no sense to me. The whole country is so fvcked up.

Let me google that for you

[LondonManc]

Massively increasing welfare spend, i.e. the social protection section of the budget. It makes up over half of the c.£250bn central government spend. State pension accounts for around £75bn of that, with housing benefit and disability living allowance the silver and bronze awards at around 17 and 13 billion pounds respectively. A total of over £40billion is paid to low income families in some shape or form.

[MicrosoftBob]

So the answer for the government is to copy China scrap all the green laws and allow as many polluting factories as possible, then ever increasing people will die younger than expected saving a fortune in state pensions

Of course that mean leaving the EU first which will never be allowed

[PurpleGorilla]

Let me google that for you

I'd love to - but the boomers are everywhere...

[Joe Black]

DP, unfortunately the population projection shown by 'Market Oracle', and even their latest 2015 one, still calculates it's trendline from 2010...for eh, reasons unknown.

Using the latest data I'd suggest it would probably look a little more like this:

[PurpleGorilla]

Wow never realised these times were so good!





I agree population increases is pushing on demand. But so are Chinese investors buying in London (and letting the property sit empty).

No to BTL.

No to foreign investors.

Yes to more taxes on wealthy boomers.

[DimPrawn]

Ah.

I understand.

According to the Mauve Ape it's all down to the evil boomers.

He obviously read it on @rsebook or twatter.