I did some maths yesterday, after hearing said that wages have gone down by a third every decade since 1970… meaning (if I did the maths correctly) in this coming decade wages are less than a tenth what they were in the 1970s.
A quick search just now suggests house prices are about 4 times more expensive in real terms over the same period.
So that’s fine. We just have to pull on our bootstraps over 40 times harder for better budgeting enough to buy a house.
I did some maths yesterday, after hearing said that wages have gone down by a third every decade since 1970… meaning (if I did the maths correctly) in this coming decade wages are less than a tenth what they were in the 1970s.
A quick search just now suggests house prices are about 4 times more expensive in real terms over the same period.
So that’s fine. We just have to pull on our bootstraps over 40 times harder for better budgeting enough to buy a house.