Wednesday, 30 October 2013

A 1916 advert.

Although today £3 3s seems a derisory amount, in 1916 it was nearly 4 times the average weekly wage of 16s 9d, putting  "Millionaire's Row" completely out of reach of the average wage earner. Today the average wage is  £500 per week and I guesstimate a Hove Seaside Villa, if available, would attract a rent of about £1000 per week, now only twice average wage.

Progress of a kind maybe. . . .

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