You certainly canZedLeg wrote: ↑Thu Jul 25, 2019 9:19 am
Yeah, I just did some maths for 1970 and last year, I figured the first wave of baby boomers were probably mostly working and living on their own by around then? This was all based on figures from government sources.
Inflation adjusted the average salary was around £25k and the average house price was around £59k.
Last year average salary was £29k and house price was £240k.
So salaries have barely moved but costs have gone way up.
We can all just say stuff to confirm our own biases though.
What about the relative cost to borrow money?
What about the fact that houses are more often bought by two earners now instead of one?