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On reflection it does sound a lot but Mum passed on 30 years ago, before I had any interest in property. It would not have been less than 15 thou pounds which doesn't materially affect the story. I bought my house in '68 for $10,000.

Originally Posted by VYBerlinaV8 View Post Trust me! The example above, my grandfather's property really was a well located, quality property. Maybe it did actually do better than others. I have no data. Either way it was a terrible investment while being a lovely place to live. You may have...

VYV8 said: The importance of this cannot be overestimated in my mind. If you add child care which is heavily subsidised now but didn't exist when I was raising a family, which enabled the double income family it is easy to see where the extra MONEY came from to push house prices up. If...

My Grandfather bought a house in the late 19th century. One of the best houses on The Strand: Waterfront property. He was a classic Man of the house and kept things to himself, but I think I recall my mother saying he paid over 25,000 pounds for it. Fast forward to Nov. '79 and the estate...