Jump to content

Fuel expense (3 years)


Recommended Posts

1 hour ago, TOPGUN749 said:

Was really about petrol prices,then and now,house prices in many places is something else.Not quite such a big rise where I live,my house in 1987 was £23,000 when I took home £440 a month, today it’s £120,000 with similar job paying £1800 a month.(3.5x annual wage in 1987, and 4.7x now) We had higher interest rates then though and no fixed deals.


It’s been worked out, with the significantly higher loans required interest rates of 6%+ today are equivalent with the high interest rates of that time: 

 

Point is, even if fuel prices cut 50%, if everything else goes through the roof it don’t make much difference. 

Link to comment
Share on other sites

  • welsh1 locked this topic
Guest
This topic is now closed to further replies.
 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...