Might find that this link stimulates debate: 1974 vs 2014: how cinema costs 'grew faster than house prices' - Telegraph
It's from the bloody Telegraph!!! And it's interesting to see how different items have been affected by inflation. No agenda unless people want to impose one.
Did you read the list? The thing I find interesting is the now, in 2014, The Daily Wail is worth far, far less than what it cost in 1974.
Weird. I wanted to correct the spelling of the word "find" as below but what appears in the Edit window is not what is shown in my original post. That might explain some of my odd typos of late! @Rob?
Like anything else it's "worth" what anyone will pay for it. Some consider it worthless so don't buy it while others are quite happy I cough up the cover price. I don't buy any weekday papers because I read them at work if I have any, in the library if I'm researching or in coffee bars and pubs if I'm lazing about. The DM is very professionally produced, appeals to its readership and is usually a pretty good read. But I would choose The Times if I could only read one paper.
What's your take on The Times, compared to The Independent or The Grauniad? Oops - I'm already way off topic :Locktopic:
Just personal preference. I think it's a more balanced product and I prefer its production values. Also I used to work there when it was a broadsheet and enjoyed it so have a certain loyalty. I also used to work for The Independent but didn't enjoy it so don't seek it out for that reason. Also, if I ever had to read another Robert Fisk piece on the Middle East I think I'd explode. And that wouldn't be pretty.
I'm surprised the house price increase is so close to the average weekly wage increase, when just about everyone I know finds it so difficult to buy a house? I expect it living in London but the majority of my family and friends live far from London and have even more trouble. Ten or fifteen years ago it was at least considered normal to own a house or flat at some point before you lost your teeth.
That's true. Not sure what's causing it. Maybe people aren't willing to make the sacrifices. Not wishing to sound like a Pythonesque Yorkshireman, but I had three jobs when I was saving up to buy a flat at 26.
Probably true, spending cash on iPhones and Ducatis certainly doesn't help. I need to sleep on that....!
My own feeling is that because my generation made a packet from house price increases they should be willing to sell up and downsize or remortgage and and give cash for deposits to their children. That's what I did. They would have got it in the long run anyway. Sold my house and gave cash to my kids. They are now homeowners at 18 and 22. It's no use wringing your hands at the unfairness of it all when you're sitting on huge amounts of equity.
The only paper Im interested in has '£50 Fifty Pounds' and a picture of some Queen type lady on it. Alright, some clever sod is going to tell me it is linen, not paper........soon to be plastic, apparently.
@Speed_Triple, I worked there too and remember it going over to the Berliner format, as I was in on that night.
By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some. JM Keynes
