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)
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2 thoughts on “Myth of Middle Class Inflation

  • 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 …!

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  • 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?!

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