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.
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.
Labels: Birthday
posted by roGER at 9:34 pm
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