The last bit likely has a feedback loop. When you have a nice house and garden then a drink or meal at home is pleasant and cheap. When you're renting a room in Walthamstow there must be a greater de… (View Post)

Good old London house prices. Its certainly not socioeconomically healthy for any area to have home ownership no longer aspirationally possible. (View Post)

Given the number of deadlines that Putin has given to recapture the Kursk territory it would suggest that Russia has prioritised it but failed to make progress. (View Post)

Many people will spend up to their financial limit. They will always find a way to consume more. And then complain that they haven't got enough money and that its someone else's fault. Boris Johnson … (View Post)

I wonder if some of it is based on relative wealth. A generation ago the equivalent of £75k might have been 4x average and 0.5x rich, now it might be 2x average and 0.1x rich. (View Post)