hawkers,
you wrote 'Yes lets compare the eighties to today. Typically households were single income, they are now typically double. Back in the eighties people didnt spend much money on 'luxury items' yet today most people wear nothing but brand name clothes, have plasma TV's, iphones, nice cars, new furniture...nothing is hand me down, everything must be new. In the eighties people bought where they could afford, yet today people complain that the price of houses are to expensive in inner city blue chip suburbs lol'
Lol indeed. Is this the eighties before everything was made in China? Most of the things you've listed are considerably cheaper than they used to be. That $500 plasma TV at say half a weeks income is probably not any more expensive than a second hand TV in the eighties. And how often does one buy a TV anyway?
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