Disrespect of our Pensioner fan base

Gerra

 

1960, was that the last time we kept a clean sheet???

 

https://fullfact.org/economy/millionaire-pensioners/

 

I know, I wouldn't ever dispute that.

 

Wow eh?.....so Barnsley must have loads millionaires eh lol, especially those over 65, if it’s 1 in 5 then I must know loads .....

 

Don’t be silly. We’ve had loads THIS season. Port Vale…….ermm…..

 

Nah, "gammons" have usually already mentioned "the muslims", "immigrants getting free handouts" and " wanting our country back"....so they're fair game.

 

I get all of that. (And it is mentioned I my post) And was referring that not everyone had bought their houses after 15 yrs. And I explained how most of those did.
I and most on here I'm pretty sure will have had a mortgage for 30yrs or more. I had one for 36 yrs.
But to add. I paid more than a weeks wages monthly when I bought my 1st house in 1977. And at the height of inflation some were paying 15%+ interest. Hence the fights for wage rises as today. Difference is we fought and won until Thatcher intervened.)

But we are also veering off the original point. Which is surely about disposable income.
Not roofs over our heads.

Lots of things are cheaper in respect. Today
eg technologies. holidays, cars.
And Some things are a fraction of the real cost of the 70s 80s and even 90s.. lots of stuff in fact far more advanced are cheaper than those eras.

I also explained not all can afford to invest in a pension. But what I will say. Is if people can. like those i pointed out. Then don't think you'll be ok and leave it too late.

 

Is that true? I assumed that cars were cheaper back then and that holiday prices are at their highest at the moment. I get that technology is cheaper (although phones are massively more expensive now than they were 20 years ago due to the advancements in them) but are the other things you mentioned actually cheaper now in real terms? I assumed the opposite was true. Genuine question by the way

 

Most people these days would kill to pay a week's wages a month on their mortgage. Even when mortgage rates were high the monthly payments as a proportion of income weren't higher than they are now with much more modest rates.

Of course technology is cheaper. The same way that tellies were cheaper in the 70s than the 50s or that virtual reality stuff will be cheaper in 20 years than it is now. It's a function of progress and Moore's Law. Even then some things like cars aren't actually materially cheaper in terms of a proportion of average income.

 

How much is your mortgage mate?

 

I bought my first tv after renting at £8+ pm. 1980
Shop display about 26" £280 wigfalls.

Splashed out on My first surround sound 30" mid 1990s +VHS recorder £1500 curries.

A trip to florida for a family of 3 early 70s (Only reason I know cos no bugger else could afford to. mi uncle and auntie . Pretty well paid. £4/5k.

Calculator bog standard. +×÷=. 1973 £30.

Watch digital one of the cheapest on the market at the time late 70s £25.

Furniture. Especially 3 piece suites. As dear then. as cheap as they are today.

Bought my first car a Vauxhall cavalier 8yrs
old in 1986. For I think £1500. Not sure how that would compare to today.

It was cheaper in those days to holiday at home rather than abroad. Now it can be vice versa.

 

About a third of my monthly wage

 

I can't think of a better description than snowflake for posts like this.

 

Good luck with that then, and from your past posts I reckon you’ve a very decent occupation mate, not sure sure that everyone paying a third of earnings tbh. I do realise cost is high these days as I have a daughter new to property ladder, but we have all been there believe me. Like as already been posted some of us went through the 17% inflation rate in the 70s and early 80s and just to top that off the biggest employer by far in Barnsley (NCB) enticed us into a year long period of no pay, which was far worse than an increase in mortgage rates this past 2 years(which as followed years of unbelievably low rates). Everyone gets a bit of pain through cost in early years but surely OAP’s deserve a bit of respite late on lol

 

Yeah I'm not moaning about my personal circumstances. I could live in a smaller house and pay less, but a lot of people on low incomes don't have that choice - their choice is between a crippling mortgage or renting (which is likely just as expensive). Sometimes there's not even that choice - rent is often so expensive that it means people can't save a deposit.

 

I've just looked it up and for the average first time buyer these days it's 39% of net income.

 

Thanks for that. Appreciate you putting some actual costs there rather than just 'this was cheap' or 'this was expensive'.

 

There just wasn't so much " stuff" to buy in the 70s. A lot of households wouldn't have had a car. Foreign holidays certainly weren't the norm. Tvs were often rented due to expense, you had launderettes rather than every house having a washing machine etc etc.

 

Takes me back a bit that post Helen lol, a lot of happy memories though choose how little a lot had back then, and a bit of track but, back then it fostered a better community spirit than I see today imo