Sunday, March 29, 2015

50 Today

I was half a century old today, and one of my birthday cards had a short list of stats from 1965.

A number of interest was the average price of a house in Britain, which was £3,820. Now I know average wages were much lower in the mid 1960s, but that's still a very low price.

 Basically, the great inflation of the late 1960s to the mid 1980s gave my parent's generation free houses. As early as 1980 I remember my father laughing about the mortgage on our family house. I think it was a few hundred above £2000, which even then was the price of a not-very-impressive new car.

As the old poker saying has it, sometimes it's better to be lucky.