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eric pebble

Salaries Would Be Double If They Had Risen As Fast As House Prices Forcing 4.1Million To Give Up Dream Of Buying A Home

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Salaries would be DOUBLE if they had risen as fast as house prices forcing 4.1million to give up dream of buying a home

Shocking report reveals impact of high property prices and low pay rises

4.1million drop homebuying dream, including 1.8million 25-44-year-olds

http://www.dailymail.co.uk/news/article-2556605/Salaries-DOUBLE-risen-fast-house-prices-leaving-4-1million-dream-buying-home.html

And how did we get here?

LIAR LOANS did this -- and are still doing this......

Watch the 2003/4 Documentary [see below] --- IT WAS THE WRITING ON THE WALL...... :rolleyes:

Edited by eric pebble

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..and if you told the general public that their fuel bills or food bills would quadruple in the space of 15 years then I suspect most of them would be howling.

not such a good thing then is it?

shelter is just as much of a basic necessity as food or fuel.

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..and if you told the general public that their fuel bills or food bills would quadruple in the space of 15 years then I suspect most of them would be howling.

not such a good thing then is it?

shelter is just as much of a basic necessity as food or fuel.

Yep, unfortunately majority of the UK public are fools.

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Yes, but the good news is... you'd be earning 56% *less* if salaries had kept up with the price of TVs and memory sticks... so in the end, everything's good ;)

All would be fine if people used to spend on average £10k PA in housing and £10k PA on TVs and memory sticks.

That said, in 1997 a 32GB memory stick would probably have cost more than a house, especially as the first drives weren't marketed until Dec 2000 and were only 32MB

Edited by Mikhail Liebenstein

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And yet, you get the boomers looking down at the younger generation telling them they did not have iThings and worked bloody hard and saved 120% of their salaries.

<_<

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And yet, you get the boomers looking down at the younger generation telling them they did not have iThings and worked bloody hard and saved 120% of their salaries.

<_<

It'll eventually end in tears.... Just a question of When?

The constant fudging and fiddling of the entire economy we have seen over the last 5 yrs+ is beyond belief though... :rolleyes:

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