General Chat

I convert the current food prices to £ s d and shock myself at the cost of a single apple or a cup of coffee.

Hubby does it too as do other friends my age.

I can not remember old money :-D

Shut up Madge :-P :-P :-P :-D :-D

I can remember old 5p's :-D

I don't need to convert it to realise it's a ridiculous price - especially lamb! :-|

Aaah lamb, costs an arm and a leg except when on offer and we stick joints in the freezer.

When we raised lambs thought nothing of eating it twice weekly, got a real shock when we were looking at buying it.

...and I bet eating lambs you raised yourself tasted better !
I know our free range (free range in that they had the woods and most of the huge garden - but then, they frequently got through the fence and demollshed our small veg patch) ducks tasted better than any I've bought since. :-(

I don't convert much nowadays, but when I used to think of the price of a single pot of yogurt, it was unbelievable.

.........and who would have paid over £1 for a loaf of bread ??

You can't say a thing is far more expensive until you take wages etc. into consideration. I read an article how to work out the difference and it was based on the cost of Mars bars.

e.g

In the early 70s a loaf was 1/- so 2 mars bars I think a loaf is now about 3 Mars bars

same era 1 litre of petrol was 1 Mars bar today about 4

If the prices aren't raised, the sizes get smaller! Maybe I will lose weight lol

Lizx

Pat, I agree. If you convert the cost you also have to do the same to income. We can’t turn the clocks back!

Whilst nothing to do with the cost of tea in China, don't the clocks in the UK get turned back annually? ;-) :-D

Good point Allan.

I liked getting 240 pennies to the pound and being able to buy things that only cost 1d, even if I only received 9/- per week from a paper round.

Kense, I think that I got 10/- a week from my round, and the tips at Christmas were an extra bonus, as it were :-D

That would be back in about 1961 or thereabouts

You can mock but my income in 1970 enabled me to start buying first house, commute from Stortford to Central London and enjoy myself.

How many young people can do that today? The season ticket would be financially crippling on it’s own.

Sue, no one was mocking your income.

I married in 1970 and we bought our first house in 1971. It was on the market for five thousand pounds.

We offered four thousand eight hundred, which was initially accepted.

The vendors came back and said that they had received an offer of four nine and if we could match it the house was ours.

We did, but it was a struggle

I do think about it sometimes but your last post is more relevant Sue, It appears that the cost of public transport has increased more than food in proportion to salaries and maybe petrol/diesel as well.

I started working on petrol pumps in 1969 when 2star was 6/3 a gallon, 4star 6/7 and 5 star 6/9. Diesel was 6/7.

I was earning 3/- per hour.

Allan. I stopped doing my round in 1958. I often bought records in those days, they used to cost about 6/-.

AnninGlos.
And the price of houses?
Are we - the Baby Boomers - responsible? Or is it merely a case of "Supply vs. Demand"?

When I retired, and having had the term Manager in my job title for many years and paid off the mortgage, I knew that there was NO WAY that even on my final salary I could have afforded to buy our house. House prices were then, and still are, ridiculous.

We pushed/supported all of ours through uni. Even so, the youngest (30+) still has not managed to get a salary sufficient to get a mortgage.

BTW: What would happen if interest rates shot up to the sort of level that we had way back then????????????????????