Quote:
Originally Posted by Kizzy
I'm confused, you had no central heating but had heating then, were running both gas and electric fires to heat the flat, I'm wondering at todays values what that would cost?
You had a friend staying with you, for which you charged a little, it wasn't anything long term or legally binding so why is shared ownership offered as a modern day comparison?
Would you have then been able to afford £380k for this flat?
I see you trying to equate your situation then to the issues 20 somethings have today, but to me it's not even nearly comparable.
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What you are conveniently forgetting is that while property may have been cheaper twenty years ago pay was also a lot less and energy was still expensive. It's not that different for people of any generation, all have their struggles. There was a time when my grandparents were young when you could buy a house for less than a thousand pounds but in relation to pay at the time it was a great deal of money that most working people would never achieve.
In the 70s and 80s University was free but most working class kids were pushed out to work at 16 to contribute to the household funds.