OT Old electricity bill
On Friday, December 18, 2020 at 2:22:32 PM UTC, Andrew wrote:
Paying £5 a week rent is something todays young people won't be able to
enjoy.
The figure I quoted was per month Andrew! And a rip-off at that price i.m.o..
In 1971, I was paying £5.25pw plus coin slot electricity meter charges for a manky bedsit in Southsea with shared bathroom.
Rent worked out at around 2.5% per month of my annual pre-tax salary. Until quite recently, doing the same calculation on my daughter's income and outgoings showed her to be spending around 4.5% pm of her annual income on rent so the younger generation perhaps do have it tougher, although daughter's abode was a pleasant self contained flat so she was getting more for the money.
I don't have the figures but for MiL, when her sons were small, living on a widowed mother's allowance plus tiny income from a part time job, that paltry £5pm* would have been a much larger proportion of her income.
*I recall either Terry or his brother telling me that the rent hadn't changed in around 20 years.
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