Originally Posted by dojj

wages have gone up
the price of living has gone up more
30 years ago my dad bought a house and he was payiing out 1 weeks salary for his mortgage, £65
15 years later when it was up and finished, it related to him paying 1 days wages for the mortgage, £65

i got a mortgage and i pay nearly a months salary on it, £1400
and getting a £500 payrise on average a year doesn't really make the same impact

therefore, if people had bought all their houses way way back in 1978, we would all have more money to spend now

thank you