Comments by "boz" (@BOZ_11) on "Do younger generations have it easier? | LBC" video.

  1. For any budding economists reading this, the average UK house price was £30,000 in 1984, and average wages were £9,100 per annum (a multiple of 3.29x). Today, the average house price is £286,000 and the average wage is £31,616, a multiple of 9x. In other words, adjusted for inflation, houses cost nearly three times as much today (2.7x). The Bank of England boss should be fired for hiking interest rates, causing repossessions and mass economic harm So, no, younger generations have it nearly 3x as hard. Anything he says to the contrary flies in the face of the above fact
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  2. Average mortgage terms were 12 to 15 years in the 80s. Today, the average term is 27-30 years (more interest!). 50% of adults now have ~£50k university debt, which was FREE for baby boomers and Gen X. Social housing stock is less than 50% of what it was in the 70s and 80s. Young adults today have it harder than any point in post war era.
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  3.  @NonFlyiingDutchman  wrong, they were 15 years, and this publicly available information
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