TheCountOfNowhere Posted January 20, 2016 Report Share Posted January 20, 2016 From MARCH 2007 http://www.telegraph.co.uk/finance/property/3356710/Our-properties-double-in-price-every-10-years.html " Our properties double in price every 10 years"The salesmen/brokers used to say that about the FTSE How wrong they were. Quote Link to post Share on other sites
smiley Posted January 20, 2016 Report Share Posted January 20, 2016 What they mean is that the purchasing power of wages halves every ten years... Quote Link to post Share on other sites
TheCountOfNowhere Posted January 20, 2016 Author Report Share Posted January 20, 2016 What they mean is that the purchasing power of wages halves every ten years... Quote Link to post Share on other sites
Errol Posted January 20, 2016 Report Share Posted January 20, 2016 Value of the pound halves every 10 years. Quote Link to post Share on other sites
Wurzel Of Highbridge Posted January 20, 2016 Report Share Posted January 20, 2016 Since property and stocks are no longer doubling every 10 years, does that mean that wages are now holding their buying power? Quote Link to post Share on other sites
long time lurking Posted January 20, 2016 Report Share Posted January 20, 2016 (edited) Since property and stocks are no longer doubling every 10 years, does that mean that wages are now holding their buying power? Yup another ten years of growth like this and will will be back to where we were in 2001 Edited January 20, 2016 by long time lurking Quote Link to post Share on other sites
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