At 5:10 the chap talking about house price differentials between the north and south was spot-on. In 1973 my Dad was earning around £3,800 a year when we moved from Bolton in the north to Guildford in the south. Our house in Bolton was a rather grand semi-detached with three bedrooms, large front and back gardens and a garage and in a nice, fairly opulent area. We sold it for £4,000 in the December of '73 - in other words it was worth just over one years' worth of Dad's salary. When we arrived in Guildford in January 1974 we were shocked to find that the asking price for a two-bedroom terrace house with a bit of garden and no garage was £19,000 !!! (We moved back north soon afterwards!) So the cost of housing in the north was very reasonable back then. However in 2017 the Bolton house sold again, this time for £178,000 - clearly way beyond most people's annual salary. Something has gone terribly wrong with housing right across the UK in the last fifty years.
Greedy bankers. That's what's mostly wrong. Billionaires and trillionaires will never say oh that's me I've got enough money to do me now. No. They just keep wanting more and more. Unfortunately they use us to get that more and more. They always go on about how ordinary people are getting poorer because they are rubbish at managing finances. Rubbish. They are stealing off us left right and centre and this country is in more debt than it's ever been in and they tell us we're struggling because we are just bad at managing money. That would be laughable if it wasn't for the fact that they are obviously the ones that are terrible with our money!
Right to buy should never have happened the way it did, we lost a severe amount of social housing. Mass immigration of recent years has accelerated demand massively. Housing in this country hasn't been taken care of by any government for decades as you say.
Ordinary workers haven’t had a proper wage rise, adjusted for inflation, since 1980. Meanwhile the cost of living and property has skyrocketed. None of the people in this segment would have been saddled with the kinds of debt that people have in 2021.
@@pmrose18 not when the only exercise they get is swiping their phone across fast food delivery apps, then lumbering to the front door to get it. A sad state of affairs..
@@davidgalea6113 If I were you I'd,d take a look at the history of this not so 'Great' Britain's, domination of other countries who were robbed of their traditions cultures & languages. Heaven forbid the British representative in that nation learn theier language, we can't have that can we? No, the world has to learn English, just like the rest of the U.K are 'forced' to automatically speak English! So if you kill a culture & economy those people need some where to live & function. Where else are they supposed to go? Surely the country that interferes & dominated them has a responsibility to put right the wrongs of the past? & as for more recent times, think what you'd do if your country was under attack or your wages/salary didn't buy you a loaf of bread. You were offered visas to move to Canada, Australia or New Zealand, or some where you were informed life was better, you could live & support any family you may have? I think you'd take it. So please have a heart!
@Me-xp3ts I disagree, my country was "occupied" by the brits and we still retained our culture, language and traditions. They did far more good than any wrongdoings the narrative wants you to believe. There is zero justification for the destruction of their culture by imposing upon them the worst the 3rdw0rld has to offer. Every week one of the new arrivals lethallyEnriches one the locals, most recently a woman got murde..., she was working/helping them in a fancy hotel paid for by the British taxpayer.
@@Me-xp3ts there are so many other examples but censorship will not allow it, R0therham is always first to come to mind given its scale and disturbing nature. Not to mention the insanity of locking up people for tweets and to make space in the prisons they are letting out serious criminals.
And people think they're better informed today...Can you imagine going into a pub now and asking people about the economy or politics. You wouldn't get this level of insight.
I don't think the pub visit would even be contemplated but the media managers and owners. Even if it was it would be heavily edited and stage-managed. More over the pub management probably would not want the tension or concerns about loss of patron privacy or their pub's reputation.
the crisis in 1973 decided my fate in 1979. After struggling to get education and a job I left the UK in 1983 and moved to Sweden. I have never looked back, now I have a house in the country, a car, 4 well educated children, and an university education. not everyone was so lucky and my heart bleeds for the working classes who are trampled and trod on by tory policies.
I have a feeling that the Tories are the pro-Monarchy party of the Aristocracy and their policies are the ones contributing to the wealth inequality in the UK? Am I right?
Mate. It's 2023. Nobody cares. It's all gone. A lot of the people on the video will be dead. We still have a long way to go, but thank god so much of the nasty class obsession that there was back then is also dead.
As someone who lives New York. I find these accents quite charming. As far as inflation is concerned, it’s too expensive to be an alcoholic in New York.
I worked in a pub called the Boston Arms in Tufnell Park, sometime in the late 70s. 35 pound per week but my accommodation and "food" was included. I was 16 and thought it was a ton of money. I started off with 30 pounds and was promised a raise if I were good as a bartender. I served several customers very quickly and asked for my raise. The owner laughed and gave me the raise. Great job and wonderful learning experience of life. Several years later, I boarded a plane for NYC and never looked back Working at the Boston Arms, gave me the courage and fortitude to board that plane to NYC. Still have fond memories of the Boston Arms and the owner Mike Courtney, who advised me to return to Ireland (after the summer) and finish my secondary school education.
For a little perspective, £30 average weekly wage in 1973 is the equivalent to about £375 in today's money. (source: Bank Of England inflation calculator) Inflation started to rise in 1973 to about 10% due in part to rising oil prices which caused the fuel crisis. Inflation continued to rise during the following 2 years peaking at 26% in 1975.
The average weekly wage in 1973 was not £30, the report states that many in the village featured do not earn more than that. The average weekly wage that year was £40.90 which is the equivalent today of £527 (Source:Bank of England). But you are right about inflation though - just two years later inflation had reduced that spending power by 31%, thus requiring pay rises equal to that just to maintain living standards.
@@yellowbelly06 I think my mum told me that back then her wage was about £13per week and her rent was about £4 per week. Men earned slightly more than women who were doing the same type of job. My dad was earning about £15 per week.
Mrs Richards: "I paid for a room with a view!" Basil: (pointing to the lovely view) "That is Torquay, Madam." Mrs Richards: "It's not good enough!" Basil: "May I ask what you were expecting to see out of a Torquay hotel bedroom window? Sydney Opera House, perhaps? the Hanging Gardens of Babylon? Herds of wildebeest sweeping majestically past?..." Mrs Richards: "Don't be silly! I expect to be able to see the sea!" Basil: "You can see the sea, it's over there between the land and the sky." Mrs Richards: "I'm not satisfied. But I shall stay. But I expect a reduction." Basil: "Why?! Because Krakatoa's not erupting at the moment ?"
Love those strong Barnsley South Yorkshire accents. I had family in Silkstone in the 70s and the locals all talked this way (the blokes like Geoffrey Boycott). I think they are a lot milder these days.
really interesting how these working class people dress up to the nines to go out socializing with a beer , wearing suits and ties , while the professional middle classes probably go to wine bars and dress down casual .
Terrible class obsession that was so rife back then. Working class people "dressed up" because a) it separated them from the "unacceptable" working class that they thought they were superior to and b) it's all they had. Putting on a tie on a Saturday night allowed them to imagine that's what rich people did.
This was when the hub of the community was the local pub. Now they've all been run out of business.. now there's no community.. classic divide and rule.
3mins in and people moaning about the cost of food yet sat in a pub drinking and chain smoking. My Ol' man was like that, we at home had hand-me-downs and barely ate throughout the day while he worked whatever hours but spent his wage bar the rent money in the pub after work every night of the week and he was out all day sat/sun boozing. He could have purchased our 3-bed council house for £12-17K back in the 70's and it's valued now at £450-500K here in Buckinghamshire. Every now and again he would say i could have bought this house for bla bla bla and i'd say "If you weren't such a pisshead and chain smoker back then we might have ate and dressed half decent as well.
This is specifically asking people at the pub... for every one who was wasting their money, how many people do you think were saving money, only to deprive themselves of any enjoyment and then gain little to nothing for their efforts in the long term?
Big difference from your old man being out every night and all weekend, to maybe these people having a night out once a week. Booze wasn't taxed like it is now by the unit either so it would have been relatively cheaper. You still have a fair point though.
I was a kid back then. The way my parents struggled didn't exactly give me much hope for the future.. As it happens, I did struggle for the majority of my life.
House prices were crazy back in the 70s. In general, people with a decent job could afford to live somewhere nice. It’s totally unfair how one generation was able to do this yet now you need to buy as a couple with a huge income between you in order to buy in a nice location. House prices will not rise so much ever again. A £10k semi back then that may be worth £300k now, if you bought a £300k house now it’s not going to be worth £600k in years to come. Smug boomers are so full of themselves because they were lucky to get on the property ladder and were able to buy their first house, sell it at huge profit, use the money to buy a bigger house, sell it huge profit, use the money to buy another etc etc etc. Unless you are already very wealthy you have no chance of doing that anymore. A terraced house could easily cost £250k in an urban area within easy commuting distance to a city (up north, I don’t know about house prices down south). A single person on the average salary of about £35k simply cannot afford it. A house like that is simply not worth anywhere near that much but if people with plenty money keep paying those prices, they wont ever come down to a level of affordability in relation to wages that existed before about 2003. A disgraceful greed driven society that is creating an ever increasing divide between the rich and poor.
For you people in the UK 1973 was the bad old days. In the USA 1973 is the very year that our standard of living peaked. 1973 is also the year that our manufacturing peaked.
This has been going on for years. All thats changed is the date.! Its like were in a time loop..only being able to eat and going without. The whole system is a con...and now it is 2024..and we're fighting against inflation..!
I’m seeing a lot of ‘nothing changes’ comments. The 30’s the 70’s and now the 20’s are all very similar for similar reasons. We have a choice like every generation but unlike the last ones we can maybe choose the better option. The depression of the 30’s ended because of Ww2 and the stagflation of the 70’s ended because of the innovation and market changes of the 80’s and the 30’s could have ended with peace and the 70’s could have ended with world war and almost did. You make the choice for the future not your government
TBH, there is a difference,.we've been expecting a lot more as standard of living. And most are still better of than the early 80s, not to mentioned the real bite and living circumstances of the great depresssion (more families in one home was the standard).
We all can argue on wages in todays time, but this segment shows a lot of high taxes which was prevalent with cooperation tax at 45% and income tax 20+%. You would see celebrities running towards less taxed countries to ovoid paying at that level in Uk. Yes it’s a crisis time in 2022 and people will need to understand that, Human Resources are in less favourable in the covid times.
So many people have zero interest in watching this video with an open mind and with an interest to understand the past, but rather, they are in a blind rush to make the most depressing, trite remark about how horrible things are today. As the clever gentleman said @11:10: "I wouldn't call it living from "hand-to-mouth", when you're not only able to clothe and feed yourself and your family, but to then also have colour television, motorcars and all these things which are now regarded as necessities. In 1938, the working man then would have thought that this was the Millenium, and I think we ought to view it relative to historical standards." All over the comments, whingeing, negative people are just waiting to complain and pat themselves on the back at how pessimistic they are. Having done nothing of note, they console themselves that at least they have been great victims of life.
Nearly all of the people interviewed for this TV documentary are consuming alcohol in a public house, yet their struggling with food prices and the general cost of living. Was alcohol free of charge in Britain back in those days?????
@@edmiliband2806that's how people stay poor. The I deserve it mentality. I've never sat in a bar and drunk booze always seemed pointless to me. . .waste of money. Each to his own.
Because cigs and pub prices were much cheaper back then relative to wages. But home life would have been very basic compared to today in terms of modern conveniences. Most people still had a b/w telly and no freezer or washing machine.
Your point is right. They are the butt of their own misery. Money for waste their at pub - only to all complain miserably about this n that. What waste of time n money. Miserable existence.
The man who starts speaking at around 10 mins has an... interesting take. "Cars and colour TV are considered essential now, but not in 1938, so don't complain if you are struggling to afford them, because we have to measure our well being relative to the past". Take that to its logical conclusion, buddy.
This, and now (2020s) we've been setting new essentials, like internet, living alone in a complete houses, central heating. Not to say there isn't real poverty, but the average is again lifted when comparing with the early 70s.
It is *even* worse now! So things simply hasn't changed in half a century. England *simply* now need a federal government system and London-centricity needs to end!
5:54 If that's their combined income, given that figure was around the average combined incomes back in 1964, then it's likely that pay hasn't risen much in the last ten years since 1964 -- but house prices had quadrupled in that same time. :0/
@2:06 ABSOLUTELY NOTHING has changed, uneducated people complaining about the cost of life, whilst PISSING their money away in the pub, on cigarettes etc
44.30. Listen to that...the poor..no problem, no issue, the north no issue...but my woman works for the civil service and if they strike it is the beginning of the end. Self interest only. 1973 or 2024...
Amazing even the poor had standards then, the people at the start whinging about low wages and inflation, yet they are drinking beers, smoking and all very well turned out, 3 piece suits with ties and the latest 1973 big hairdos - look at the working class today, none even own a suit and even regular bathing is a skill being lost to laziness.
Things were obtainable then , even if you started on the bottom run of the ladder you could work your way up, NOT anymore, not a chance , no movement whatsoever, can’t even make ends meet,🤬😞.
Well it was a lot cheaper then now and you couldn't afford plane tickets or fancy cars anyway. Inflation was high so putting a few bucks in the bank wouldn't help you. Also this was the place to socialize instead of being home and paying for Netflix etc. Agree the smoking is the one thing I don't miss from the 80s
Financier. And he was speaking the received pronunciation which is indicative of the upper-middle classes. It's fairly clipped but certainly not unintelligible.
I don't agree that if you're poor (or struggling financially) you should forego all simple pleasures, but it's funny watching them talk about not being able to save but they are still smoking and drinking in the pub.
At 5:10 the chap talking about house price differentials between the north and south was spot-on. In 1973 my Dad was earning around £3,800 a year when we moved from Bolton in the north to Guildford in the south. Our house in Bolton was a rather grand semi-detached with three bedrooms, large front and back gardens and a garage and in a nice, fairly opulent area. We sold it for £4,000 in the December of '73 - in other words it was worth just over one years' worth of Dad's salary. When we arrived in Guildford in January 1974 we were shocked to find that the asking price for a two-bedroom terrace house with a bit of garden and no garage was £19,000 !!! (We moved back north soon afterwards!) So the cost of housing in the north was very reasonable back then. However in 2017 the Bolton house sold again, this time for £178,000 - clearly way beyond most people's annual salary. Something has gone terribly wrong with housing right across the UK in the last fifty years.
This was the beginning of currency devaluation after ending the gold standard.
Greedy bankers. That's what's mostly wrong. Billionaires and trillionaires will never say oh that's me I've got enough money to do me now. No. They just keep wanting more and more. Unfortunately they use us to get that more and more. They always go on about how ordinary people are getting poorer because they are rubbish at managing finances. Rubbish. They are stealing off us left right and centre and this country is in more debt than it's ever been in and they tell us we're struggling because we are just bad at managing money. That would be laughable if it wasn't for the fact that they are obviously the ones that are terrible with our money!
Right to buy should never have happened the way it did, we lost a severe amount of social housing. Mass immigration of recent years has accelerated demand massively. Housing in this country hasn't been taken care of by any government for decades as you say.
Ordinary workers haven’t had a proper wage rise, adjusted for inflation, since 1980. Meanwhile the cost of living and property has skyrocketed. None of the people in this segment would have been saddled with the kinds of debt that people have in 2021.
exactly, i am on minimum wage and the amount it went up in april is negligible
@@pmrose18 not when the only exercise they get is swiping their phone across fast food delivery apps, then lumbering to the front door to get it. A sad state of affairs..
@@helmethead72it is like “1984”.
Uncannily so in some respects.
I’d love to see them interviewed again today nearly 50 years later, those who are still around off course.
They'll all own their own homes and be slating younger generations for not working hard enough to get on the property ladder....
"of"
@@boomboxbadboy1 Not really needed that correction was it ?
The circle of generations not alot has changed
Judging by the amount they were all smoking back then I'd think very few are still around now.
Watching in 2022 and it’s no different. Rich getting richer poor getting poorer!
Except now you have additional strain on resources and additional crime/cultural decline due to the migratory flood
a trite, worn-out remark. One gapes at the lack of insight and understanding.
@@davidgalea6113 If I were you I'd,d take a look at the history of this not so 'Great' Britain's, domination of other countries who were robbed of their traditions cultures & languages. Heaven forbid the British representative in that nation learn theier language, we can't have that can we? No, the world has to learn English, just like the rest of the U.K are 'forced' to automatically speak English! So if you kill a culture & economy those people need some where to live & function. Where else are they supposed to go? Surely the country that interferes & dominated them has a responsibility to put right the wrongs of the past? & as for more recent times, think what you'd do if your country was under attack or your wages/salary didn't buy you a loaf of bread. You were offered visas to move to Canada, Australia or New Zealand, or some where you were informed life was better, you could live & support any family you may have? I think you'd take it. So please have a heart!
@Me-xp3ts I disagree, my country was "occupied" by the brits and we still retained our culture, language and traditions. They did far more good than any wrongdoings the narrative wants you to believe. There is zero justification for the destruction of their culture by imposing upon them the worst the 3rdw0rld has to offer. Every week one of the new arrivals lethallyEnriches one the locals, most recently a woman got murde..., she was working/helping them in a fancy hotel paid for by the British taxpayer.
@@Me-xp3ts there are so many other examples but censorship will not allow it, R0therham is always first to come to mind given its scale and disturbing nature. Not to mention the insanity of locking up people for tweets and to make space in the prisons they are letting out serious criminals.
And people think they're better informed today...Can you imagine going into a pub now and asking people about the economy or politics. You wouldn't get this level of insight.
I don't think the pub visit would even be contemplated but the media managers and owners. Even if it was it would be heavily edited and stage-managed. More over the pub management probably would not want the tension or concerns about loss of patron privacy or their pub's reputation.
@@CA999 You're not wrong buddy
Depends where you drink.
the crisis in 1973 decided my fate in 1979. After struggling to get education and a job I left the UK in 1983 and moved to Sweden. I have never looked back, now I have a house in the country, a car, 4 well educated children, and an university education. not everyone was so lucky and my heart bleeds for the working classes who are trampled and trod on by tory policies.
Dont feel guilty you had the balls to make a good decision,this country has not changed since then the rich get richer the poor get fucked
I support the red team I support the blue team😂😂😂😂😂
Labour sold out the working classes years ago. New Labour, really were the new danger.
@Puppy-ew4beBoth are awful its just Tories are more awful
I have a feeling that the Tories are the pro-Monarchy party of the Aristocracy and their policies are the ones contributing to the wealth inequality in the UK? Am I right?
Thank you for the upload. A very interesting look into the past!
The past?
@@sarahnewton2550yes, 1973 was 51 years ago. Unless you’ve come here in a Time Machine, that was the past.
So similar to today. House price rises, cost of little living. Nothing changes.
pegged to interest-based banking ......scam of all ages
Omg they still have the same problems except prices of housing has gotten unbelievably higher
Still, most of those people don't have any problems any more.
Those were the days, when the respectable working classes on a Saturday night dressed better than the aristocracy.
Mate. It's 2023. Nobody cares. It's all gone. A lot of the people on the video will be dead. We still have a long way to go, but thank god so much of the nasty class obsession that there was back then is also dead.
The 'respectable' working class is now the lower middle class.
I wish that was true but unfortunately you can still immediately identify someone's background within three seconds!@@zeddeka
Fantastic Barnsley accent
As someone who lives New York. I find these accents quite charming. As far as inflation is concerned, it’s too expensive to be an alcoholic in New York.
I worked in a pub called the Boston Arms in Tufnell Park, sometime in the late 70s. 35 pound per week but my accommodation and "food" was included. I was 16 and thought it was a ton of money. I started off with 30 pounds and was promised a raise if I were good as a bartender. I served several customers very quickly and asked for my raise. The owner laughed and gave me the raise.
Great job and wonderful learning experience of life. Several years later, I boarded a plane for NYC and never looked back Working at the Boston Arms, gave me the courage and fortitude to board that plane to NYC.
Still have fond memories of the Boston Arms and the owner Mike Courtney, who advised me to return to Ireland (after the summer) and finish my secondary school education.
I used to work a bar too, thanks for sharing.
Can't think of anything worse then living there
Tufnell Park, Islington? My manor, but the manager in the 80s, was murdered. I wonder if it was the same guy.
At least the bar owners were doing good then.
The government came for them eventually
Until taxation arrives...
Doing well
For a little perspective, £30 average weekly wage in 1973 is the equivalent to about £375 in today's money. (source: Bank Of England inflation calculator)
Inflation started to rise in 1973 to about 10% due in part to rising oil prices which caused the fuel crisis. Inflation continued to rise during the following 2 years peaking at 26% in 1975.
The average weekly wage in 1973 was not £30, the report states that many in the village featured do not earn more than that. The average weekly wage that year was £40.90 which is the equivalent today of £527 (Source:Bank of England). But you are right about inflation though - just two years later inflation had reduced that spending power by 31%, thus requiring pay rises equal to that just to maintain living standards.
@@yellowbelly06 I think my mum told me that back then her wage was about £13per week and her rent was about £4 per week. Men earned slightly more than women who were doing the same type of job. My dad was earning about £15 per week.
Thanks for that.
people were better off back then
@@samanthahardy9903 That was not the average wage. Maybe for a factory worker but not average over all.
Round and round we go. Identical rhetoric to that we hear today. Nothing has changed.
People smell a bit better today.
UK here, absolutely same story just different decade!!
History repeats itself
How sorry
Because certain people engineer it to...
The more things change, the more they stay the same...
The new boss same as the old boss
Tv and smart phones have destroyed the way we socialise
I've given up on all social media media and it's great
@@chriso8485 stated on an online social media platform......... I'm the same and I too comment here. Oh the irony.
what was this broadcast on mate
@@mathewgallimore1484 I don't consider RUclips to be social media. I don't use it to be social, just add a few comments when I can be bothered
@@chriso8485 if you are having conversations it is a social platform, no matter how you personally want to categorize it.
Mrs Richards: "I paid for a room with a view!"
Basil: (pointing to the lovely view) "That is Torquay, Madam."
Mrs Richards: "It's not good enough!"
Basil: "May I ask what you were expecting to see out of a Torquay hotel bedroom window? Sydney Opera House, perhaps? the Hanging Gardens of Babylon? Herds of wildebeest sweeping majestically past?..."
Mrs Richards: "Don't be silly! I expect to be able to see the sea!"
Basil: "You can see the sea, it's over there between the land and the sky."
Mrs Richards: "I'm not satisfied. But I shall stay. But I expect a reduction."
Basil: "Why?! Because Krakatoa's not erupting at the moment ?"
You Are Mental
Love those strong Barnsley South Yorkshire accents. I had family in Silkstone in the 70s and the locals all talked this way (the blokes like Geoffrey Boycott).
I think they are a lot milder these days.
Life as it used to be before we were being replaced
"Replaced". Utter turd.
Tory Britain
Was gonna say the same thing, now we have all this but with less jobs due to legal and illegal immigration.
Lovely old regional accents.
Thankyou. Respect
Miss the community spirit of the pub. I thought i was looking at Liam Gallagher .
Many in that pub looked like of Irish ancestry. Most cities up North had migration from Ireland since the Famine.
really interesting how these working class people dress up to the nines to go out socializing with a beer , wearing suits and ties , while the professional middle classes probably go to wine bars and dress down casual .
They had a great deal of pride in themselves and their community.
@@helmethead72 You've nailed it.
@@helmethead72 it's because it's all they had.
Terrible class obsession that was so rife back then. Working class people "dressed up" because a) it separated them from the "unacceptable" working class that they thought they were superior to and b) it's all they had. Putting on a tie on a Saturday night allowed them to imagine that's what rich people did.
The rich act poor and the poor act rich. Its always been like that with very few exceptions
This was when the hub of the community was the local pub. Now they've all been run out of business.. now there's no community.. classic divide and rule.
3mins in and people moaning about the cost of food yet sat in a pub drinking and chain smoking. My Ol' man was like that, we at home had hand-me-downs and barely ate throughout the day while he worked whatever hours but spent his wage bar the rent money in the pub after work every night of the week and he was out all day sat/sun boozing. He could have purchased our 3-bed council house for £12-17K back in the 70's and it's valued now at £450-500K here in Buckinghamshire. Every now and again he would say i could have bought this house for bla bla bla and i'd say "If you weren't such a pisshead and chain smoker back then we might have ate and dressed half decent as well.
You sound exactly like me,my old master identical to yours, and looking back he was an absolute wanker 💯.All the best too you mate.👍
Ols man that should have been
This is specifically asking people at the pub... for every one who was wasting their money, how many people do you think were saving money, only to deprive themselves of any enjoyment and then gain little to nothing for their efforts in the long term?
Big difference from your old man being out every night and all weekend, to maybe these people having a night out once a week. Booze wasn't taxed like it is now by the unit either so it would have been relatively cheaper. You still have a fair point though.
I cringe to when I see people putting booze n cigarettes before children's well being....disgusts me.
Same shit!... Different decade!
Surely, we must see a repeating, controlled, prescription of disaster by design?
2022: inflation is shooting us all to bits
Inflation is just another tax for the poor
those haircuts are astonishing
It is almost as if they've predicted 2022..
When you realise our problems are their solutions, the penny has dropped.
24:19
Buying a house can make you very unhappy indeed!
Especially when there's a rates rise...
Good journalism in those days.
Inflation rising faster than incomes, the price of housing doubling or even tripling ... these conversations could be happening today!
I was a kid back then. The way my parents struggled didn't exactly give me much hope for the future.. As it happens, I did struggle for the majority of my life.
House prices were crazy back in the 70s. In general, people with a decent job could afford to live somewhere nice. It’s totally unfair how one generation was able to do this yet now you need to buy as a couple with a huge income between you in order to buy in a nice location. House prices will not rise so much ever again. A £10k semi back then that may be worth £300k now, if you bought a £300k house now it’s not going to be worth £600k in years to come. Smug boomers are so full of themselves because they were lucky to get on the property ladder and were able to buy their first house, sell it at huge profit, use the money to buy a bigger house, sell it huge profit, use the money to buy another etc etc etc. Unless you are already very wealthy you have no chance of doing that anymore. A terraced house could easily cost £250k in an urban area within easy commuting distance to a city (up north, I don’t know about house prices down south). A single person on the average salary of about £35k simply cannot afford it. A house like that is simply not worth anywhere near that much but if people with plenty money keep paying those prices, they wont ever come down to a level of affordability in relation to wages that existed before about 2003. A disgraceful greed driven society that is creating an ever increasing divide between the rich and poor.
Absolutely 💯
This need's more views! Basic economy expanded 101✌ Truths
Reminds me of living in Ireland in the 1980s. I moved to New York in 1988.
Wow this took me back in time..well can anyone afford to buy a property in London 2021? Not many ..especially from the north.I need a decent pint now!
That financier spoke a lot of sense
Jesus wept how thing have not changed
For you people in the UK 1973 was the bad old days. In the USA 1973 is the very year that our standard of living peaked. 1973 is also the year that our manufacturing peaked.
2024 and here we go again.
This has been going on for years. All thats changed is the date.! Its like were in a time loop..only being able to eat and going without.
The whole system is a con...and now it is 2024..and we're fighting against inflation..!
I’m seeing a lot of ‘nothing changes’ comments. The 30’s the 70’s and now the 20’s are all very similar for similar reasons. We have a choice like every generation but unlike the last ones we can maybe choose the better option. The depression of the 30’s ended because of Ww2 and the stagflation of the 70’s ended because of the innovation and market changes of the 80’s and the 30’s could have ended with peace and the 70’s could have ended with world war and almost did.
You make the choice for the future not your government
trouble is there are millions of unwanted asians and africans leeching of the uk now. it's very much not the same
TBH, there is a difference,.we've been expecting a lot more as standard of living. And most are still better of than the early 80s, not to mentioned the real bite and living circumstances of the great depresssion (more families in one home was the standard).
Don’t worry folks, the conservatives are coming again for the North with cheap Flats made from Paper at a cost of 1million per Flat lol. 😂
Exactly. When Boris said he`s all for levelling up, it means he wants property up north to be as unaffordable for the working man as it is in London..
I suppose at least pub prices and cig prices were much cheaper back then relative to wages. We didn't realise it at the time of course.
I was going to say the general 'standard of living', is better now, but I would change that to 'standard of existence'.
Precisely. These people lived far moreso than most today. Just listen to them speak.
Wages stay the same, and prices go up. But it's good for "business"...
We all can argue on wages in todays time, but this segment shows a lot of high taxes which was prevalent with cooperation tax at 45% and income tax 20+%. You would see celebrities running towards less taxed countries to ovoid paying at that level in Uk.
Yes it’s a crisis time in 2022 and people will need to understand that, Human Resources are in less favourable in the covid times.
Scary that after 14 years of Tory rule we are closer to this than in 2010.
The more things change..... the more they stay the same
What Maggie inherited. Never forget that.
So many people have zero interest in watching this video with an open mind and with an interest to understand the past, but rather, they are in a blind rush to make the most depressing, trite remark about how horrible things are today. As the clever gentleman said @11:10:
"I wouldn't call it living from "hand-to-mouth", when you're not only able to clothe and feed yourself and your family, but to then also have colour television, motorcars and all these things which are now regarded as necessities. In 1938, the working man then would have thought that this was the Millenium, and I think we ought to view it relative to historical standards."
All over the comments, whingeing, negative people are just waiting to complain and pat themselves on the back at how pessimistic they are. Having done nothing of note, they console themselves that at least they have been great victims of life.
History is repeating itself. The government is awful.
1973 my basic wage was £27 a week, with piece work and hard graft I could get that up to 70 quid a week.
Nearly all of the people interviewed for this TV documentary are consuming alcohol in a public house, yet their struggling with food prices and the general cost of living. Was alcohol free of charge in Britain back in those days?????
So you're saying that people shouldn't enjoy themselves when they're struggling?
Thames liquored up the interviewees so they can be more open about their thought on inflation.
@@edmiliband2806that's how people stay poor. The I deserve it mentality. I've never sat in a bar and drunk booze always seemed pointless to me. . .waste of money. Each to his own.
Jonathan Dimbleby goes hip.
Today, central bank rates are artificially low to allow governments to repay their debt. Normal BOE Interest rate should not be at 0.5%!
The BOE has listened to your concerns about the low level of interest rates and are now looking to put that wrong to right. Enjoy.
This aged well…
I don't understand how they complain so much but have enough disposal cash on alcohol and tobacco.
Because cigs and pub prices were much cheaper back then relative to wages. But home life would have been very basic compared to today in terms of modern conveniences. Most people still had a b/w telly and no freezer or washing machine.
Your point is right. They are the butt of their own misery. Money for waste their at pub - only to all complain miserably about this n that. What waste of time n money. Miserable existence.
history, when it doesn't repeat itself, certainly appears to rhyme. Yea re in a right spot now eh? Iain w glasgow
*we are in a right spot now.
History - His story
Its right in the word. History is written by the victors
The man who starts speaking at around 10 mins has an... interesting take. "Cars and colour TV are considered essential now, but not in 1938, so don't complain if you are struggling to afford them, because we have to measure our well being relative to the past".
Take that to its logical conclusion, buddy.
This, and now (2020s) we've been setting new essentials, like internet, living alone in a complete houses, central heating. Not to say there isn't real poverty, but the average is again lifted when comparing with the early 70s.
That's it- don't buy their latest TV, phones or gadgets and you already ahead.
Can't afford food but there all on the lash in the boozer lol
2:12 it's not something they're ever willing to change, they know the difference it would make and it wouldn't work out for them if they did it.
It is *even* worse now! So things simply hasn't changed in half a century. England *simply* now need a federal government system and London-centricity needs to end!
5:54 If that's their combined income, given that figure was around the average combined incomes back in 1964, then it's likely that pay hasn't risen much in the last ten years since 1964 -- but house prices had quadrupled in that same time. :0/
@ 3;15 its laim gallghers dad
I wish we had 1973 prices now
@2:06 ABSOLUTELY NOTHING has changed, uneducated people complaining about the cost of life, whilst PISSING their money away in the pub, on cigarettes etc
Учение Карла Маркса всесильно. Потому что это истина. Капиталист и рабочий. Вот два класса
The 'financier' at 7.03 sounds like Alan Wicker.
You need to enable English subtitles.
£30 a week is worth £454.70 these days. That’s pretty much the exact same as a 40 hour week on the current national living wage of £11.44 per hour.
44.30. Listen to that...the poor..no problem, no issue, the north no issue...but my woman works for the civil service and if they strike it is the beginning of the end. Self interest only. 1973 or 2024...
Doesn't change much does it?
I I bought a house in 1999 for 85k economy fell in 2008 and we lost house. Current house is listed for 170k.
Is that Johnathon Dimbelby ?
Basshead: 1st comment.
🥈🤝🤷
The average british person were smarter than the actual generation. I wonder what went wrong
Wow, they talked all over the 'chaotic' lady and wouldn't let her get a word on. 😮
I live about 10 miles from Worsborough.... and I need subtitles! Pity the rest of you! 😂👍
High inflation. They have no idea, hyperinflation by the end of the decade and 12.5% mortgage rates :(
Amazing even the poor had standards then, the people at the start whinging about low wages and inflation, yet they are drinking beers, smoking and all very well turned out, 3 piece suits with ties and the latest 1973 big hairdos - look at the working class today, none even own a suit and even regular bathing is a skill being lost to laziness.
Here here👍
A bit of generalisation going on there, don't you think, buddie.
Yep less time in the pub equals more bread on the table, the cost of socialism
Things were obtainable then , even if you started on the bottom run of the ladder you could work your way up, NOT anymore, not a chance , no movement whatsoever, can’t even make ends meet,🤬😞.
'She wants a pound!' xD
This prob is happening worldwide!
It sure is
The working class would have benefited by supporting the Conservatives. Far more friendly for business
Echoes of the past....
Them saying they have had to change how they live yet al sat in the pub with plenty of money to smoke and drink...nothing changes
Probably all they can afford to do though
Stuck up nowt you are
Well it was a lot cheaper then now and you couldn't afford plane tickets or fancy cars anyway. Inflation was high so putting a few bucks in the bank wouldn't help you. Also this was the place to socialize instead of being home and paying for Netflix etc. Agree the smoking is the one thing I don't miss from the 80s
It was pennies to smoke and drink then....
@@mmtransport it still was not cheap when you factoring in the low wages lol
You very rarely hear regional accents on television nowadays.
Yes you do, you hear it more now actually
Well is Already Chaos! & we R in 2022, ACTUALLY MUCH WORSE🤑🥶😵💫😪
@7:20 we need subtotals for the nobs. Did it say "fenecier"? maybe it meant fence. More lost doomsday bs "the end of parliamentary democracy"!
Financier. And he was speaking the received pronunciation which is indicative of the upper-middle classes. It's fairly clipped but certainly not unintelligible.
And still the same in 2023
Eky thump
I don't agree that if you're poor (or struggling financially) you should forego all simple pleasures, but it's funny watching them talk about not being able to save but they are still smoking and drinking in the pub.
Young Jonathan Dimbleby