The price of stuff ...
Discussion
Fastchas said:
In 1990 I remember the price of diesel being MUCH cheaper then petrol. Then the Iraq/Kuwait war started, diesel and petrol rose sharply in price. Since then diesel has never been cheaper than petrol. I can't remember the prices and can't find them online for 1990, anyone?
I remember I was paying 47.7p/liter in 1991 (good memory for useless trivia, can't remember usswful stuff like people's names), which that BoE calculator reckons would be 94p/liter now on inflation alone. Pretty sure diesel was several pence cheaper at the time.
LivingTheDream said:
Well - I guess it depends what water you mean, fizzy is fizzy so I guess people like that.
But, we buy bottled water in bulk for the home. 6-8 2 litre bottles a week I guess, costs about £2 a week.
Our tap water is awful! Even with various de hardening things in place, we will eventually get a water softener which, I hope, will help.
We have a Brita water filter but it's still awful. Even water from this causes our kettle to scale up.
The only thing drinkable is bottled and therefore, bottled water is worth the small cost.
Water softners use Salt mostly and you can't drink it. Sorry to wee on your bonfire. But, we buy bottled water in bulk for the home. 6-8 2 litre bottles a week I guess, costs about £2 a week.
Our tap water is awful! Even with various de hardening things in place, we will eventually get a water softener which, I hope, will help.
We have a Brita water filter but it's still awful. Even water from this causes our kettle to scale up.
The only thing drinkable is bottled and therefore, bottled water is worth the small cost.
My Dad has a softener and hes always telling me not to drink it. Yes Dad, you've been here 15 years now... I get it :P
279 said:
So generally, frivolous 'luxury' items such as electronics, hoildays, new cars/finance are FAR cheaper and important stuff, like say, buying a house, was much cheaper?
That really does explain the attitudes of people of a certain age have towards millennials and their spending habits. These days the savings you'll make from not having the latest mobile phone, a large telly and a week in spain isnt going to make a jot of difference in terms of being able to buy a house, while i imagine back in the 70s/80s they were significant outlays and would be seen as frivolous wastes of money?
I think there is a lot of sense in this. We will start to see weird unintended consequences as "Generation Rent" realise its out of reach. Strange spending habits, living habits and working conditions. That really does explain the attitudes of people of a certain age have towards millennials and their spending habits. These days the savings you'll make from not having the latest mobile phone, a large telly and a week in spain isnt going to make a jot of difference in terms of being able to buy a house, while i imagine back in the 70s/80s they were significant outlays and would be seen as frivolous wastes of money?
It seems to be happening with couch surfing and people happy to float about doing jobs on a self employed or contract basis as a career and house isn't on offer they can bum around not concerned on missing out on "the ladder" as someone has taken the first 5 rungs away why bother starting to climb.
People living at home till late 20s early 30s is already here.
279 said:
So generally, frivolous 'luxury' items such as electronics, hoildays, new cars/finance are FAR cheaper and important stuff, like say, buying a house, was much cheaper?
That really does explain the attitudes of people of a certain age have towards millennials and their spending habits. These days the savings you'll make from not having the latest mobile phone, a large telly and a week in spain isnt going to make a jot of difference in terms of being able to buy a house, while i imagine back in the 70s/80s they were significant outlays and would be seen as frivolous wastes of money?
This is a most excellent point. And as it doesn't fit the 'why don't you just save?' mindset of those sitting fat and happy it's not rolled out often enough. That really does explain the attitudes of people of a certain age have towards millennials and their spending habits. These days the savings you'll make from not having the latest mobile phone, a large telly and a week in spain isnt going to make a jot of difference in terms of being able to buy a house, while i imagine back in the 70s/80s they were significant outlays and would be seen as frivolous wastes of money?
My phone contract, one of those unacceptable frivolities I should be cutting back on, costs a fiver a month. I remember a mate paying £90 a month with no phone not all that long ago.
Terminator X said:
We all moan about how much things cost today however I just opened an old CD only for the receipt to fall out, £12.49 for an album back in July 1991!
TX.
The thing is how many jobs did the CD provideTX.
Plastic manufactured and transported for cd
Plastic manufactured and transported for case
Paper manufactured and transported for the insert
Cellophane for the case
CD manufactured, transported , retailed
Probably thousands of jobs worldwide
Now in the world of instant music the money goes straight to the company shareholders who say as there's no physical product their profits are taxed in an island nobody ever heard of at 0.2%
Condi said:
Have they? Food, fuel, etc seem to be cheap. Cheaper than 4 or 5 years ago anyway.
Our first computer, in about 1998, cost £2k. In today's money that is £3180. A reasonable top/mid range computer today would set you back less than 25% of that.
I don't know about that; top of the range computer to me means having the lastest everything, without going to a NVIDIA Titan, you are going to be paying £800 for a graphics card alone for a top of the range machine. then you need the PSU to run it which is not a cheap buy any more.Our first computer, in about 1998, cost £2k. In today's money that is £3180. A reasonable top/mid range computer today would set you back less than 25% of that.
kingston12 said:
Funkycoldribena said:
Bloke selling cans of coke outside Madam Tussauds in 1977/8 for 50p.Thought that was extortion.
That really was extortion! £2.85 in today's money. How much would that type of hawker charge today - surely not more than £1.50?
TX.
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