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The cost of building a house for the ordinary bloke is quite stronlgly correlated with the labour rate of the ordinary bloke who builds it.
In contrast to the 50's era case JohnD espouses, today's ordinary bloke expects a lot more, than a house with coal fires. He's aspirational.
He wants - expects as some sort of right, a list of electronic stuff, a car or two, holidays abroad as well as a house, and measure hi success by what he can buy..
The land is more expensive, in effect. If you want that house to be near the jobs, the price of the house and its land go up.
In order to fund the electronic stuff and the holidays, you have to get the job in the better area for jobs.
So everyone values those houses more, including all the ordinary blokes.
There's no reason on earth why he should expect it not to be way beyond his pocket. He can't afford the land, as well as the electronics, and the holidays..
It's aspiration which makes him demand more than just a house.
A good brickie might expect to be earning 60k. Houses start around £125k.
In contrast to the 50's era case JohnD espouses, today's ordinary bloke expects a lot more, than a house with coal fires. He's aspirational.
He wants - expects as some sort of right, a list of electronic stuff, a car or two, holidays abroad as well as a house, and measure hi success by what he can buy..
The land is more expensive, in effect. If you want that house to be near the jobs, the price of the house and its land go up.
In order to fund the electronic stuff and the holidays, you have to get the job in the better area for jobs.
So everyone values those houses more, including all the ordinary blokes.
There's no reason on earth why he should expect it not to be way beyond his pocket. He can't afford the land, as well as the electronics, and the holidays..
It's aspiration which makes him demand more than just a house.
A good brickie might expect to be earning 60k. Houses start around £125k.
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