Sunday, Feb 14, 2010
Shelter launch ad campaign (Mon 15 Feb 2010) to highlight the UK's sky-high housing costs
Thisismoney: £420 weekly shop if food rose with property
The average family's weekly grocery bill would be around £420, if food prices had risen in line with house prices, housing charity Shelter has revealed. The charity analysed the cost of a typical shopping trolley of groceries for a family of four if prices had risen at the same rate as house prices in the last 40 years. In 1971, the average home cost a buyer £5,632, by 2008, that average had risen to £227,765. Figures were calculated using the Department of Communities house price data.
Posted by jack c @ 01:19 PM (835 views) Add Comment
2 Comments
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1. paul said...
The government's not listening because inflation is only bad if its not housing.
2. freemanphil said...
This could actually happen if the hot money in property flows into commodities. They are walking a thin line here, operating from a failed keynesian model, so, every decision they make will fail.