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  1. M

    OK boomer - House prices have doubled as a proportion of salary since 1970

    @saranoor Which is why it doesn't tell the whole story. The reason the older generation is rich is that when they were in debt they had high inflation and when the had assets they had low interest. They lucked out. It may have been rougher for them to buy at outset, but 5 years in their debt...
  2. M

    OK boomer - House prices have doubled as a proportion of salary since 1970

    @saranoor Salary inflation much higher. So redo these 5 year into the 25 year period.
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