They told me this day would come

[alexsarll]

And I scoffed. But I appear to be listening to Bob Dylan singing his own songs and quite enjoying the experience.
Bah. I blame being 30. Does this mean that next I'll stop finding conversations about mortgages incredibly boring?

Comments

Re: Do you want to see my amusing graph?

[perfectlyvague.livejournal.com]

But...how have we only just got to this stage? What were people eating in 1998? Caviar and Unicorn chips?

Re: Do you want to see my amusing graph?

[beingjdc.livejournal.com]

You have to think of the UK average.

The average house price at the start of 1998 was £62,000, and interest rates were 7%, so the interest on an average mortgage with a 25% deposit (hardly that unusual back in those days) would have been just over £60 a week.

Easy to spend £60 a week on food I reckon. I probably used to before I decided it wasn't good value for money and cut back and started cooking more.

Re: Do you want to see my amusing graph?

[perfectlyvague.livejournal.com]

Yeah - but only very rich families would have had a plus £60 a week food shop. I was on a budget of £15-20 a week for groceries back then.

Re: Do you want to see my amusing graph?

[beingjdc.livejournal.com]

So a family with 2.5 children could easily be on well over £60, if a single 24 year old was on £15-20, no?

Re: Do you want to see my amusing graph?

[perfectlyvague.livejournal.com]

No. It's my opinion that they could have spent less and also 2.5 is not what the average was in 1998, I think it was 2.3 even then.

Re: Do you want to see my amusing graph?

[beingjdc.livejournal.com]

Right. I've found the Family Expenditure Survey. In fiscal 08-09 the average household spent £58.90 a week on food, and a further £14 on booze.