Saturday, August 4, 2007
Myth of Middle Class Inflation
Affluent inflation myth dispelled
They may whine about ever-rising school fees, and the strain of running the merc - but the truth about 'middle class inflation' is very different.
Posted by happy? @ 12:57 PM (390 views)
2 thoughts on “Myth of Middle Class Inflation”
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paul says:
And the figures are provided by … ?
“The affluent spend a smaller proportion of income on food and housing than the less well off”
said Tim Crawford, group economist at Halifax Financial Services
NEXT …!
Bobsta says:
So “The average salary of the affluent is £35,875” … erm, great. Call that “affluent”?! – how are they meant to afford an “average” £300,000 house on that kind of salary?!