In 1947, my father bought a four bedroom detached house for £1,500. It would now fetch £240.000.
That's 160 times as much!
In the same year, he bought a 1939 Standard 14hp saloon for £340. So by the rate of inflation the price now for an 8 year old saloon would be £54,400!
Petrol then cost 2s6d per gallon. So now should it not be £20 per gallon? But we are only paying slightly less than £6.
Car tax for a year was £15. So that equates to £2,400 today, but my tax on a 2 litre car is only £204.
My father's income as an Admin Officer in the Civil Service was around £500 p.a. That should now be £80,000 p.a
So what are we complaining about?
VH
BTW Smokers who paid 4s9d per 20 in 1950 should now be paying £35 per pack of 20. (That's £245 Per week for a 20 a day person)
That would cut down polution!
That's 160 times as much!
In the same year, he bought a 1939 Standard 14hp saloon for £340. So by the rate of inflation the price now for an 8 year old saloon would be £54,400!
Petrol then cost 2s6d per gallon. So now should it not be £20 per gallon? But we are only paying slightly less than £6.
Car tax for a year was £15. So that equates to £2,400 today, but my tax on a 2 litre car is only £204.
My father's income as an Admin Officer in the Civil Service was around £500 p.a. That should now be £80,000 p.a
So what are we complaining about?
VH
BTW Smokers who paid 4s9d per 20 in 1950 should now be paying £35 per pack of 20. (That's £245 Per week for a 20 a day person)
That would cut down polution!
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