Economic crises, sacrificed youth and poverty

[Christophe]

apartment price 80 m2 on the south of Strasbourg in 1983: 80700 € and in 2016 + -200000 € but better isolated etc ...

Uh I think you confuse the € and the Francs there ... no ???

In 1983, I think that in Strasbourg, an apartment of 80m² sold for 100-150 francs ... and not 000 €, therefore 80700 francs ...

My parents started working at less than 1000 francs / month in the 70s ...

I say that "by feeling" ... but please give us the sources of the figures that you put forward ...

ps: in the 80s the rate of mortgage was at 7 to 8% and mortgage was made over 15 years max ... 10 years on average! Since 2010, it may be only 4% / year but it is 30 years or 40 years of credit ... which is winning in history in your opinion ???

[Philippe Schutt]

in 83 I bought my apartment at 530 frs, credit over 000 years at 20%, fortunately variable

[Christophe]

Well believe that you bought an apartment in an upscale neighborhood then ??

My parents bought their house (built in the 30s) in the North of Strasbourg (in the 250m² living space) for 1M francs in 1986 ...

How much did you earn in 1983? The calculation will be quickly seen ...

[chatelot16]

easier today ??? easy for some, but impossible for others

the problem is not to know if it is more or less easy for those who have the means ... the problem and the number of people whose life becomes impossible ... and alas this number increases ... accommodation car work just lose one to lose the other 2 ... and then no solution ... without these 3 essential thing life is impossible

[Petrus]

I think what has changed is mainly the trivialization of credit purchases. Ex: car pubs no longer give the total price of the car but the monthly credit
I wonder what the average household understanding rate was at the time, compared to today.

[Ahmed]

The commoditization of credit purchases is not a cause but a consequence and marketing has adapted to the reality of the market.

[Christophe]

the problem is not to know if it is more or less easy for those who have the means ... the problem and the number of people whose life becomes impossible ... and alas this number increases ... accommodation car work just lose one to lose the other 2 ... and then no solution ... without these 3 essential thing life is impossible

Add to this the destruction of the notion of family in an increasingly selfish society: the Society of the Ego ...

ps: no the car is not necessarily essential (when you live in the city)

[Philippe Schutt]

Well believe that you bought an apartment in an upscale neighborhood then ??

My parents bought their house (built in the 30s) in the North of Strasbourg (in the 250m² living space) for 1M francs in 1986 ...

How much did you earn in 1983? The calculation will be quickly seen ...

in Ostwald, already. Quiet and green area therefore rather good, but construction by popular housing, at the height of the daisies.
I won in the 7500, a little more than 2 smics and I reimbursed in the 5000.
But this is not my purpose. I compare the price of the apartment and the minimum wage, and conclude that the rise in real estate is similar to that in wages. I had also seen other goods, but the 3-4 pieces were above 400 kF even in occaz, so 150 kF you are far.
I see around me the Turks who scratch, work and manage to buy or build with rather low wages like smic + 30% and the locals who hang out and whine, car of superstar I-phone tattoos and cigarettes. It seems to me that it is above all the courage to roll up his sleeves that has melted.

[Philippe Schutt]

Well, if I take only the indices, the cost of construction has been multiplied by 2.18 and the wage index for the mechanical and electrical industries by 2.24. Still no factor 3 in sight.
Afterwards, as Chatelot16 says, the ejection of the system is much more catastrophic and common.

[Christophe]

Well, if I take only the indices, the cost of construction has been multiplied by 2.18 and the wage index for the mechanical and electrical industries by 2.24. Still no factor 3 in sight.

Except that it is not the cost of construction that must be taken into account but the real PRICE of the market (new or old) ... since the early 2000s it has exploded in all the major cities of France ( and their urban areas of which Oswald is a part) ... that has calmed down for 3 or 4 years ...

At the end of the year 2000 it was possible to find a 100m2 apartment (luxury but apartment nonetheless) in the suburbs of Strasbourg at € 250-300 ... and they sold ... but at what "price" (interest over 000 or 30 years?)