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Quote: Originally posted by Ewen c on 05/10/2023

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Not sure about prices.
Back in 86 I was getting about 5000 a year after tax. A new car was between 3 and 5k then. In 1993 I was on 9k after tax and a new car cost more than that unless you were getting a Lada. A flat in Edinburgh could be had for about 25k in 86. That was outside my 3x my annual salary in those days.
Car prices have increased less than inflation since the 90s and have got considerably better equipped. When looking at prices, you also have to factor in wages, or lack of them.

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Quote: Originally posted by Colin21 on 06/10/2023

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Quote: Originally posted by Ewen c on 05/10/2023

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Not sure about prices.
Back in 86 I was getting about 5000 a year after tax. A new car was between 3 and 5k then. In 1993 I was on 9k after tax and a new car cost more than that unless you were getting a Lada. A flat in Edinburgh could be had for about 25k in 86. That was outside my 3x my annual salary in those days.
Car prices have increased less than inflation since the 90s and have got considerably better equipped. When looking at prices, you also have to factor in wages, or lack of them.

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The prices vs wages thing is an absolute minefield, and I could probably write a book on it. I retired about 10 years ago on basic state pension plus a tiny pension from a previous job, and I now have considerably less money coming in than I had at the turn of the century. However, if I look at the cost of essentials, (I keep very detailed and accurate records) I find that most essentials have more than doubled in price over that period. I don't keep track of new car prices as I have only ever bought one, so maybe they haven't increased as much as some other things.

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