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they don't net off though when in 1971 your "payment" for house..was just 16% of your income..compared with 52%+ now..that was the whole point..in yours and Clive's haste to make me out to be a moron..you completely missed the point

its fookin obvious if you took out a mortgage in 1971..you will be wealtheir now..you own an asset..thats stating the bleedin obvious..but i was talking about someone of the same age in both eras and if today you would have more money left after paying dues and demands. Its clear that you wouldn't be better off now..just due to cost of buying a house. Cheaper food these days does not offset the 16% jump to 52% increase in costs

<blockquote data-quote="EC1" data-source="post: 2518887" data-attributes="member: 65360">they don&#039;t net off though when in 1971 your &quot;payment&quot; for house..was just 16% of your income..compared with 52%+ now..that was the whole point..in yours and Clive&#039;s haste to make me out to be a moron..you completely missed the point<img src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/1f642.png" class="smilie smilie--emoji" loading="lazy" width="64" height="64" alt=":)" title="Smile&nbsp; &nbsp; :)"&nbsp; data-smilie="1"data-shortname=":)" />its fookin obvious if you took out a mortgage in 1971..you will be wealtheir now..you own an asset..thats stating the bleedin obvious..but i was talking about someone of the same age in both eras and if today you would have more money left after paying dues and demands. Its clear that you wouldn&#039;t be better off now..just due to cost of buying a house. Cheaper food these days does not offset the 16% jump to 52% increase in costs</blockquote>

[QUOTE="EC1, post: 2518887, member: 65360"] they don't net off though when in 1971 your "payment" for house..was just 16% of your income..compared with 52%+ now..that was the whole point..in yours and Clive's haste to make me out to be a moron..you completely missed the point:) its fookin obvious if you took out a mortgage in 1971..you will be wealtheir now..you own an asset..thats stating the bleedin obvious..but i was talking about someone of the same age in both eras and if today you would have more money left after paying dues and demands. Its clear that you wouldn't be better off now..just due to cost of buying a house. Cheaper food these days does not offset the 16% jump to 52% increase in costs [/QUOTE]

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