I understand that in the current poor state of economy, we should not be greedy with wages / salaries, as that makes it worse, BUT.
It seems to me that about 20 yrs ago, few people had any problem in buying their 1st house with a decent deposit up front.
I was able to put 50% down on a property before the age of 30, and not on a vast wage.
OK bricks & mortar have accelerated dramatically, but earnings haven't by the same by a long chalk, so are we now generally a lot poorer ?
Bob
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