How the cost of living has changed from late 70's

I remember that tax relief -Blokes at work were all saying get the biggest mortgage you can for the tax relief - I looked at it and thought the amount of tax relief I would get from £7.5k morgage wouldn't pay for the extra you took on - My logic was low morgage -biggest lump you could put down and cheaper monthly payment.
To this day I don't know if I was right or wrong.
As regards anyone having a £60k mortgage then they had to be very rich. To say things like that you need to use the house prices at the time.

When we were in the unfurnished flat we started to look at house's and found a 3 bed terrace going for £4.5k which was normally the going rate but due to the London influence on house prices when we knocked on the door the woman said I have been offered £6.5k.
No way it was way out of our reach - I think at the time my take home pay was £19 a week.- This would be around 1973/4.

We stayed in for a year and saved £1k then found a house for £8.5 K (gazzumping had pushed up prices) so mortgage of £7.5k -By 1976/7 the interest rate went up so much my income just covered the payments and we lived on wifes earnings.

So yes it was a tight - I scrapped my Ford Zodiac and got a 2CV as by then the petrol crisis was on it's way. Money was tight.

Further up in my reply I said we had overtime - I was getting a few hours a week not the whole sat and sunday stuff that was mentioned.

Another reply to my post said you can't compare costs from then to now but at the time sevices were high compared to what we earned and moving to the house in Shropshire the costs were much lower so made it easier on same income (I job tranfered from Brum to Telford).

So all in all I have learnt things by reading the replies but I still say for me and wife things are more expensive but still being on a low income it is still a drag. Our income is enough to put us out of assistance and I do pay tax - just

I can appreciate how some people feel about us but I also feel left behind when I go to the doctors and see all the old codgers getting into new 4x4 and wonder what the hell did they do for a living.

There is a woman the wife knows that sold her ex-council house in London for a lot of money and has bought a nice sized bungalow out in sticks not far from us - Believe me when we sold our last house it just paid for this house and a full refurb -we do not have a spare £300k left over like some people think.
 
What did people do back in the day before every high street was a wash with take away shops?

The price of a home in England? Think yourselves lucky!
 
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DXP55 said:
I remember that tax relief -Blokes at work were all saying get the biggest mortgage you can for the tax relief - I looked at it and thought the amount of tax relief I would get from £7.5k morgage wouldn't pay for the extra you took on - My logic was low morgage -biggest lump you could put down and cheaper monthly payment.
To this day I don't know if I was right or wrong.
As regards anyone having a £60k mortgage then they had to be very rich. To say things like that you need to use the house prices at the time.

When we were in the unfurnished flat we started to look at house's and found a 3 bed terrace going for £4.5k which was normally the going rate but due to the London influence on house prices when we knocked on the door the woman said I have been offered £6.5k.
No way it was way out of our reach - I think at the time my take home pay was £19 a week.- This would be around 1973/4.

We stayed in for a year and saved £1k then found a house for £8.5 K (gazzumping had pushed up prices) so mortgage of £7.5k -By 1976/7 the interest rate went up so much my income just covered the payments and we lived on wifes earnings.

So yes it was a tight - I scrapped my Ford Zodiac and got a 2CV as by then the petrol crisis was on it's way. Money was tight.

Further up in my reply I said we had overtime - I was getting a few hours a week not the whole sat and sunday stuff that was mentioned.

Another reply to my post said you can't compare costs from then to now but at the time sevices were high compared to what we earned and moving to the house in Shropshire the costs were much lower so made it easier on same income (I job tranfered from Brum to Telford).

So all in all I have learnt things by reading the replies but I still say for me and wife things are more expensive but still being on a low income it is still a drag. Our income is enough to put us out of assistance and I do pay tax - just

I can appreciate how some people feel about us but I also feel left behind when I go to the doctors and see all the old codgers getting into new 4x4 and wonder what the hell did they do for a living.

There is a woman the wife knows that sold her ex-council house in London for a lot of money and has bought a nice sized bungalow out in sticks not far from us - Believe me when we sold our last house it just paid for this house and a full refurb -we do not have a spare £300k left over like some people think.
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By the way, my posts have not been aimed at you really, just generalising, it probably doesn't look that way though so apologies.
 
MCFC_ANDY said:
cook:p
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it's coming back in - just eat / deliveroo changing to gig models trying to preserve profitability and their 25% slice.

resurgence in buying frozen veg/food from todays report to cut household costs, so Bejam's will be back on the high street soon.
We only get peas/corn/broad-beans, but other veg is probably more nutritional frozen at source, versus buying high airmiled options like kenyan beans, or blue-berries.
 
We buy fresh carrots, caulis, sprouts etc, but frozen beans peas so you can grab a handful to put in casseroles.

Doing our bit for the economy this week. New lawns laid today. New Ercol armchair and Sherborne suite ordered yesterday.
 
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jpaul said:
it's coming back in - just eat / deliveroo changing to gig models trying to preserve profitability and their 25% slice.

resurgence in buying frozen veg/food from todays report to cut household costs, so Bejam's will be back on the high street soon.
We only get peas/corn/broad-beans, but other veg is probably more nutritional frozen at source, versus buying high airmiled options like kenyan beans, or blue-berries.
Click to expand...
We’ve kind of already got a modern Bejams with the likes of Farmfoods and Heronfoods
 
I have one of those roll you out chairs - just press button and it tips forward - when it stops just lean forward and you roll out head first right over till you are on your back.
Then roll over onto your stomach - get on to your knees then crawl to a chair and using that with your arms stand up.

This is the exciting way.

I had to google Bejam -never heard of it.
 
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