Thursday, February 7, 2013

Would you pay £50 for a chicken?

Weekly shop would cost £453 if food prices tracked house prices

A new study from housing charity Shelter reveals that the average weekly shop for a family of four would cost £453 if food prices had risen at the same rate as house prices over the last 40 years.

Posted by ben @ 01:21 PM (1221 views)
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3 thoughts on “Would you pay £50 for a chicken?

  • Well, now that the property bubble is deflating, all that money must go somewhere.

    I think they are preparing you for £500 shopping baskets. If you add petrol costs, I’m looking for £2.10 a litre within the next 2 to 5 yrs, we will get there.

    “What You Should Know About Inflation” Henry Hazlitt (1964) mises.org/story/2914

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  • I urge HPC readers to support Shelter (eg. surveys, lobbying) as it seems the only real mouthpiece for the increasingly downtrodden rental classes.

    And no, I’m nothing to do with Shelter, just filled in one of their surveys on rip-off letting agents recently.

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  • Well the solution to amazingly high house-prices due to enormous demand is – CLEARLY – to let millions more people into the country!

    I should have thought of that sooner.

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