Comments on: Dream lover

By: JFP

JFP — Sun, 21 Oct 2012 04:33:53 +0000

Healthcare costs show the same thing over here in the US. My mother’s house doubled in value (market and gov property tax eval) from when she bought it ’97 to ’05 or so. I’d say its close to its 97 value again though.

By: Aurini

Aurini — Sat, 20 Oct 2012 19:52:00 +0000

My friend and I were having this conversation, though we were using beer and cigarettes as our currency, which is inaccurate since both are heavily taxed, more and more as time goes on… but the basic point remains the same. When I was 20 I worked crap jobs for minimum wage, yet somehow I still had enough money to go out and do stuff. Nowadays (31) I’m making way more, and I’m constantly broke.

It’s a subtle erosion that most people don’t notice, but it’s there. I think a lot of us are going to be looking at Captain Capitalism’s 9mm retirement plan.

By: wimminz

wimminz — Sat, 20 Oct 2012 13:45:48 +0000

I forgot to say, that £25,000 in 1985 house, the previous owner bought it in 1974, and paid £2,950…. so it wasn’t like the inflationary period had only just started when I came along, it had already been running strong since the OPEC crisis in the mid seventies.

In 1974, petrol was £0.49 a gallon, so at £2,950 it was a 6,020 gallon house, so it doubled in energy terms by the time I came along