PokeVideoPlayer v23.9-app.js-020924_
0143ab93_videojs8_1563605_YT_2d24ba15 licensed under gpl3-or-later
Views : 13,953
Genre: People & Blogs
License: Standard YouTube License
Uploaded At Jun 29, 2024 ^^
warning: returnyoutubedislikes may not be accurate, this is just an estiment ehe :3
Rating : 5 (0/174 LTDR)
100.00% of the users lieked the video!!
0.00% of the users dislieked the video!!
User score: 100.00- Masterpiece Video
RYD date created : 2024-06-30T22:49:45.257456Z
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Top Comments of this video!! :3
Interesting comments here. It seems, if my calculations are correct, that adjusting for inflation £1000 in 1970 is £13,000 in 2024. It checks out that it took her a year's salary to pay for, as the average unskilled job paid around £900 annually.
I think the biggest factor here is something probably not mentioned by the couple. To be able to save a whole salary for a year means you're probably not paying rent, the man said he was a student as well, so it's likely they were living with parents.
This gives a massive advantage which is still true today - alongside inheritance.
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Just goes to show the price increase is astronomical a down payment now around 30-40k and final price of around 300k unfortunately this generation doesn’t appreciate how hard shit really is I know they sacrificed but for our to be equivalent we would have to be homeless for years saving every scrap to stand a decent chance
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Average house prices were 3-4 times the median wage when these people bought a house. They also got a free university education.
Average house prices are now 10x the median wage or higher and students have 30k debt.
Anyone talking about it being the same when adjusted for inflation is lying to you.
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No offence to this older generation, but there’s nothing they can tell the younger generations about buying property. A year to save up a 1k deposit off one income. Today it’ll take a couple 5-7 years to save up the deposit for the house in the “cheaper” areas. This is from my perspective of the Australian housing market but I’m sure it’s not much better in the UK
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@ben8878
7 months ago
This pisses me off !!! Young people now are so screwed.
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