Martins Money Tips advise,
'Rents continue to rise-there at record
highs with average £790/mth nationally and an eye-watering
£1,240/mth in London.'
One reads that the new minimum work
rate for any employee between the ages of 18-20 is £5.30 an hour.
Such a sum is a lot more than I or my contemporaries earned A WEEK ,as twenty
year olds, in an ever so smart City Job with a Lloyds Insurance
Broker in 1954, working as we did then, a five and a half day week.
Prior to their then employment, most had held National Services
commissions in one of the Services. One fellow still held his, as an
excuse for going to sea for two weeks in the summer.. Believe he
became the Managing Director of a different Insurance Broker some
time later.
I left that employ after maybe eight
years, because even then ones weekly wage was still little more than
£5. gross. One had only remained in one's employment, because one
wished to work in the then New Lloyds Building. Alas even that was
soon after put to other use, for Lloyds had a re-build on its
original site.
In the early 1950's people earned less
money than they do now. I as a twenty year old, earned £270.00 pa.
(Together with 15/- per week in Luncheon vouchers.) That amount being
gross pay prior to all tax, and pension deductions. One then worked
some forty four hours a week. Ones purchase of an £80 per annum
season ticket covered ones travel costs, the main cost of the 28 1/2
hours one spent travelling to and from work each week. For that sum
one might have spent as long as one cared to on the trains, indeed I
recall so accommodating myself down and up, after a Party one Friday
night. But of course in those days our Great Western Line was
adversely affected by both the fog and domestic smoke one passed en
route. Even so, overall one spent at least 72 1/2
hours about ones work each week. House rents were still controlled ,
both rich and poor retained their pre-war tenancies, many of which
were supposedly on short term leases started in the depression years
of the 1930's. Families might occupy a three or four bedroom house,
in the most desirable of Commuter Thames Side villages for maybe as
little as £60. gross per annum, (less standard rate income tax
deductable at source, and schedule A and or B) These rents had been
so controlled since the outbreak of war in 1939. I recall that my
elder brother had a furnished room in Earls Court for 10/- per week
into the 1950's. 'Rackmanism' came later.
How though are these reported expected rentals
of £790 or £1,240 per month paid when the new standard minimum wage
for anyone over the age of 25 is £7.20 per hour. Not sure that even
the new enhanced pay scale will cover that. Very possibly some
houses are shared, whilst others are funded by the social services.
Seemingly the Government gives such funding to the claimant, rather
than directly to the property owner. Often enough the legitimate
claimant fails to hand the money on to his landlord, and if one is to
believe the many Television programmes one sees, the property owner
takes his tenant to the courts, and if it be the High Court, the
tenant may be out on the street without further notice. So he or she
avails him or her self ,of the housing department of a local Council,
which then puts the erring tenant and family into a hostel or hotel
at public expense. If all this isnt the height of stupidity, heaven
help us . PLEASE WILL GOVERMENT GET ITS ACT TOGETHER?
It is very easy to criticise others
whilst doing nothing helpful oneself, however there was a time I had
involvement at a small time landlord. One gave up being so because,
OUR VARIOUS GOVERNMENTS
SEEM INCOMPETENT .
