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Old 23.10.2018, 19:13
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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I was watching a fascinating programme recently about a man from Jamaica who came over in the 1960s with his wife to London.
He took a job as a bus conductor with London Transport. He said that he saved for a shortish period and used the cash to put down as a deposit on a house in Clapham - but he had his own home and could just about pay the mortgage. the property now is worth around 1.25 million

The difference is now that a bus conductor would be lucky if they would be able to rent a flat share in that area - let alone be able to save a deposit and buy a place - FMF is certainly correct about the overpricing of property
In 1960 I suspect the house cost between 1000 - 2000 & needed some refurbishment. Affordable for the ordinary working man. How exactly have people lives improved in 58 years? Rather less than the younger people in this thread think.
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