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BohoBabe · M
Nostalgia. People think everything used to be great, then everything got bad. Really, they're just nostalgic for how they thought the world was when they were kids. That's why people think things have gotten worse even when they've gotten better.
ninalanyon · 61-69, T
@BohoBabe In the 1950s and even as late as the 1980s a family needed only a single wage earner to be able to have a decent standard of living. Now to have a chance at buying your own house or just renting anything decent you need two wage earners which makes having children immensely complicated in countries like the UK that have poor (and expensive) kindergarten services.
This massively reduces social mobility and wastes the countries best asset: its children.
This massively reduces social mobility and wastes the countries best asset: its children.
BohoBabe · M
@ninalanyon There are some things that have gotten worse, but the world is a better place than it was even twenty years ago. In America, people usually look nostalgically at how much better the eighties were, meanwhile this was the height of crime, the crack epidemic, and we still weren't finished with the Cold War.
ninalanyon · 61-69, T
@BohoBabe The world is better by some measures at least. But in some countries some parts of the population are having a worse time than they were decades ago. I wouldn't claim that everything was rosy in the UK in the 1960s but at least my parents were able to buy a house with just my father's income supplemented by occasional hair dressing work by my mother. Neither had a professional or even technical qualification. Now in the same town it is most unlikely that people with the same kind of skills and jobs would be able to buy a house, they would most likely struggle to pay the rent.
Look at this chart from the Daily Mail This Money page
https://www.thisismoney.co.uk/money/mortgageshome/article-7943741/House-prices-174-years-70-year-period-got-cheaper.html
In 1960 house prices were four times average annual income, now they are eight times.
For a slightly more informative view that separates London from the North and the UK as a whole, but only back to the early 1980s
https://www.economicshelp.org/blog/5568/housing/uk-house-price-affordability/
Look at this chart from the Daily Mail This Money page

In 1960 house prices were four times average annual income, now they are eight times.
For a slightly more informative view that separates London from the North and the UK as a whole, but only back to the early 1980s

BohoBabe · M
@ninalanyon There has been a lot of deregulation in the eighties that led to subsequent generations getting screwed. Americans kinda just excepted that nobody born after 2000 will ever own a house.




