this post was submitted on 17 Aug 2023
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UK Politics
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Wages have increased since 1970-s and prices have dropped. Sorry to bust your narrative.
What wages, which prices. Sorry to call you out on your bs.
There's a good post on Reddit with video proof from 1977 - https://www.reddit.com/r/Britain/comments/15s3zsw/food_prices_back_in_1977/
The basket showed in the video is £26.17 in today's money. It will cost £22.06 today from the same Tesco. There are more examples in the comments. In short: everything is chaper now and people earn more. It's a fact.
If people spent the same amount of money on housing as they are paying for food, maybe you'd have a point. Even in the link that you've provided, people calculated that housing is about x6.1 median salary today compared to x2.7 in 1977.
I didn't know you could eat your house... Also overall affordability wasn't that much better back then. Again, plenty of examples there.