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We've Never Had It So Good


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Taken from someone else on another site whilst i was searching for Rumbalows stuff...!

I was watching you tube (yes, I need to get out more!) of adverts from 1983.

There was a Rumbalows ad (remember them?), with the following sale items :-

A Hotpoint Washing Machine, just £329

22" colour tv, just £289, and if you wanted to upgrade with Teletext, then just £349

Panasonic video recorder, just £429

Now, the average salary in 1983 was £8k, compared to today's £24k. So in real terms, that means that in 1983 the price of these items, compared to earnings, are the today equivalent of :-

Washing machine - £999

TV (with teletext) - £1,050

VCR - £1,490

Yes, in 1983 a packet of crisps cost 8p but, the luxury goods are so much more affordable today than ever. A DVD player, for example, can be bought for £20 (£7 in 1983 money!).

Tax rates were also much higher then. Have we never had it so good?

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Washing machine - £999

TV (with teletext) - £1,050

VCR - £1,490

Wow! I can see at least a grand's savings every 5-10 years there! This easily outweighs the (calculated at peak) £900pcm extra cost over renting I would have had to pay to buy this place.

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Wow! I can see at least a grand's savings every 5-10 years there! This easily outweighs the (calculated at peak) £900pcm extra cost over renting I would have had to pay to buy this place.

Im sure all the people who bought 94-03 with super cheap mortgages are not in the same boat.

Its cheap cheap cheap for them!

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Taken from someone else on another site whilst i was searching for Rumbalows stuff...!

I was watching you tube (yes, I need to get out more!) of adverts from 1983.

There was a Rumbalows ad (remember them?), with the following sale items :-

A Hotpoint Washing Machine, just £329

22" colour tv, just £289, and if you wanted to upgrade with Teletext, then just £349

Panasonic video recorder, just £429

Now, the average salary in 1983 was £8k, compared to today's £24k. So in real terms, that means that in 1983 the price of these items, compared to earnings, are the today equivalent of :-

Washing machine - £999

TV (with teletext) - £1,050

VCR - £1,490

Yes, in 1983 a packet of crisps cost 8p but, the luxury goods are so much more affordable today than ever. A DVD player, for example, can be bought for £20 (£7 in 1983 money!).

Tax rates were also much higher then. Have we never had it so good?

Goods get cheaper over time. You might as well say that in 1915 a model T was completely unaffordable to the majority of people and now most can afford a ford escort, so they've never had it so good.

The real question is "How good should people have it but don't because of all the manipulation, inflation, regulation....."

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I have often said this before, many items today are incredibly cheap compared to 2 decades ago.

Food , energy & fuel have been cheap as well, its only the last few years that these are starting to rise and people starting to feel the pinch.

I also raise the point of 2 income families that have increased household incomes to levels that would not of been seen back in the 80s early 90s.

The reason many women can now hold down well paid jobs and be mothers the same time is technology, computers (much work done from home) , kitchen appliances (Do the job quicker and less manual work),mobile phones and best of all this technology is now costing less than 20 years ago.

There are very few households without washing machines, tumble dryers, dishwashers these days and you can pick all three up for less than £800 new.

Although 1 of the reasons blamed for low wage inflation during the boom years was the number of women in the workplace, so I suppose if they did stay at home then average male wages would be far higher these days.

Edited by Jonnybegood
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Taken from someone else on another site whilst i was searching for Rumbalows stuff...!

I was watching you tube (yes, I need to get out more!) of adverts from 1983.

There was a Rumbalows ad (remember them?), with the following sale items :-

A Hotpoint Washing Machine, just £329

22" colour tv, just £289, and if you wanted to upgrade with Teletext, then just £349

Panasonic video recorder, just £429

Now, the average salary in 1983 was £8k, compared to today's £24k. So in real terms, that means that in 1983 the price of these items, compared to earnings, are the today equivalent of :-

Washing machine - £999

TV (with teletext) - £1,050

VCR - £1,490

Yes, in 1983 a packet of crisps cost 8p but, the luxury goods are so much more affordable today than ever. A DVD player, for example, can be bought for £20 (£7 in 1983 money!).

Tax rates were also much higher then. Have we never had it so good?

Yes, a Dvd player is now cheaper than a DVD, because it is made in china. A packet of crisps is probably cheaper than 8p if you buy it in china, until recently food has been falling in price due to globalisation. The first thing inflation hits is the basics and fuel it takes years for the effects to feed into luxury items. Buy your big items now, in the last 6 months I have noticed big items have started rising in price....

A TV with teletext was probably a top of the range TV at the time, if you compare apples with apples.

A top end 70 inch Sony TV costs between 22k and 29k

http://www.pricerunner.co.uk/pl/2-1013658/...-Compare-Prices

Edited by moosetea
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Never mind luxury goods... thanks to the recession, I've been eating luxury food!

The reason for this is that Sainsbury's etc. tend to have a lot more of the posh stuff on the "reduced to clear" shelves these days.. more people are buying the cheaper ranges instead.

End result is I wait until the end of the day, then pop in and get all the posh grub at 75% off. ;)

Edited by DementedTuna
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Never mind luxury goods... thanks to the recession, I've been eating luxury food!

The reason for this is that Sainsbury's etc. tend to have a lot more of the posh stuff on the "reduced to clear" shelves these days.. more people are buying the cheaper ranges instead.

End result is I wait until the end of the day, then pop in and get all the posh grub at 75% off. ;)

Me too. ;)

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Never mind luxury goods... thanks to the recession, I've been eating luxury food!

The reason for this is that Sainsbury's etc. tend to have a lot more of the posh stuff on the "reduced to clear" shelves these days.. more people are buying the cheaper ranges instead.

End result is I wait until the end of the day, then pop in and get all the posh grub at 75% off. ;)

what do you mean by luxury? a baguette?

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Yesterday's luxury electronics now affordable! Wow!

I mean, sure, food and energy costs are spiralling, the economy is a mess, and I pay £300/month + bills to share an ex-council flat (adapted to 3 bedrooms by converting the loft) with a PhD graduate and a student, but the fact I can afford a TV big enough to crush me is truly what's important.

Edit: On which note, y'know I can't even remember when I last had time to watch TV.

Edited by rnicoll
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But can you compare prices like this?

e.g. if a 6 speaker all in one DVD home theatre system used to cost say £1300 a few years back:

When I last looked a decent one from say Sony or Panasonic is still not far off that mark.

All that's happened is that quality levels have dropped so yes, it's possible to get a no-name home theatre system for say £200. But I'd expect it to last about a year at most and need replacing all the time.

Things like Quality Street tins are cheaper now than they were a few years back (I don't buy them, I just find the price of the things funny) but then aren't they about 25% smaller than they were?

Mars bars - used to be at least 30% bigger than they are now.

And so on... echoes of Orwell's 1984....

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Washing machine - £999

TV (with teletext) - £1,050

VCR - £1,490

Not really being fair are you? I mean the 2008 TV is presumably HDTV which didn't exist in the 1980's and flat screen. The washing machine, well that presumably does time travel as well as washing clothes or something. :lol:

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Electrical goods will always get cheaper, it's the nature of capitalism, economies of scale and being swamped by cheap imports. But these are one-off buys, something you would only need to replace every 5 or 10 years. If you really want to compare the 'old days' with now you have to look at the basics that you spend money on every day/week. Bread, Milk, Fruit, Petrol, Beer, Fags - all much more expensive now relatively I would think.

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But can you compare prices like this?

e.g. if a 6 speaker all in one DVD home theatre system used to cost say £1300 a few years back:

When I last looked a decent one from say Sony or Panasonic is still not far off that mark.

All that's happened is that quality levels have dropped so yes, it's possible to get a no-name home theatre system for say £200. But I'd expect it to last about a year at most and need replacing all the time.

Things like Quality Street tins are cheaper now than they were a few years back (I don't buy them, I just find the price of the things funny) but then aren't they about 25% smaller than they were?

Mars bars - used to be at least 30% bigger than they are now.

And so on... echoes of Orwell's 1984....

You are right to highlight apples vs apples but you can shop a lot smarter than the Sony Centre and its like.

Just bought a Cambridge DD/DTS Processor, Mordaunt Short Sub and MS Centre for £450 from Richer. Already had the 4 surrounds and rear centre but that would have added £250 not £850.

Effortless, quality sound with weighty, extended bass. At the start of Fellowship Cate Blanchett's Galadriel could be in the room if you close your eyes (If only).

Agree £200 One boxes are mostly poor, but even here you can occassionally pick up a JVC/Panny Ex £500-600 system on clearance for about that budget.

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Taken from someone else on another site whilst i was searching for Rumbalows stuff...!

I was watching you tube (yes, I need to get out more!) of adverts from 1983.

There was a Rumbalows ad (remember them?), with the following sale items :-

A Hotpoint Washing Machine, just £329

22" colour tv, just £289, and if you wanted to upgrade with Teletext, then just £349

Panasonic video recorder, just £429

Now, the average salary in 1983 was £8k, compared to today's £24k. So in real terms, that means that in 1983 the price of these items, compared to earnings, are the today equivalent of :-

Washing machine - £999

TV (with teletext) - £1,050

VCR - £1,490

Yes, in 1983 a packet of crisps cost 8p but, the luxury goods are so much more affordable today than ever. A DVD player, for example, can be bought for £20 (£7 in 1983 money!).

Tax rates were also much higher then. Have we never had it so good?

Yes, well I have. I used to fix TVs, Videos, Hi-Fi`s etc, and made a reasonable living. It was an interesting (but sometimes frustrating) job. Not any more. People just chuck `em when they break, unless they`re under warranty. Modern flatscreens can be fixed, but it`s mainly (expensive) circuit board swapping.

If an item is relatively expensive, then we often class it as "luxury". Yes TVs, VCRs etc used to be "luxury". Unless you are talking B&O, high-end Sony/Panasonic etc., you can`t really describe many modern, cheap electronic items as "luxury". I bought a suprisingly good MP4 player from Aldi the other day for £12.99. 4gig of memory and an FM transmitter ! Luxury ? I`d say an iPod would be "luxury" compared with the Aldi model.

A loaf of bread could be described as "luxury" @ £1.40, more than a tenth of the cost of a hi-tech personal audio device with a 2" LCD screen, heaphones, charging lead, installation CD and carrying case.

Edited by Prof
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Panasonic video recorder, just £429

So in real terms, that means that in 1983 the price of these items, compared to earnings, are the today equivalent of :-

VCR - £1,490

Blimey my hard drive DVD recorder cost me £200 including 500GB hard drive upgrade :lol: I wonder if anyone still uses a VCR in this day and age, mind you I still have a VCR but no room to put under telly thanks to the sky+, DVD recorder and freeview PVR.

A top end 70 inch Sony TV costs between 22k and 29k

http://www.pricerunner.co.uk/pl/2-1013658/...-Compare-Prices

I thought I paid too much, £599, for my Sony Bravia 6 months ago :lol:

End result is I wait until the end of the day, then pop in and get all the posh grub at 75% off. ;)
Me too. ;)

Tight fisted gits :lol:

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A TV with teletext was probably a top of the range TV at the time, if you compare apples with apples.

A top end 70 inch Sony TV costs between 22k and 29k

http://www.pricerunner.co.uk/pl/2-1013658/...-Compare-Prices

Comparing apples with apples ? Give over. your comparing a 22" tv with a 70" tv which id say not even 0.2% of the population would have.

I hate it when people try to spin things in their favour then moan about the BBC doing it the other way!

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Comparing apples with apples ? Give over. your comparing a 22" tv with a 70" tv which id say not even 0.2% of the population would have.

I hate it when people try to spin things in their favour then moan about the BBC doing it the other way!

But isn't that the more valid comparison? e.g. the cutting edge then versus now?

e.g. if I wanted to see if computers had become more expensive, I might compare an IBM desktop with a 5 1/4 inch drive and 512k of memory from 1985 with a top of the range Dell system with a 500GB hard drive and 8GB of memory today.

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  • 443 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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