Asia Tsunami Disaster Appeal
#121
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Lennart Petersen writes:
> So it's an old price not reflecting the inflation.
Yes, it's an old price reflecting the higher standard of living that
existed a few decades ago.
> More correct is to use today's market price whatever it could be.
Correct, perhaps, but 11 times a person's salary is not affordable.
> And b.t.w you didn't mention whether the salary was a week,monthly or a year
> ?
Per year--the usual assumption if one says "salary" without
qualification.
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> So it's an old price not reflecting the inflation.
Yes, it's an old price reflecting the higher standard of living that
existed a few decades ago.
> More correct is to use today's market price whatever it could be.
Correct, perhaps, but 11 times a person's salary is not affordable.
> And b.t.w you didn't mention whether the salary was a week,monthly or a year
> ?
Per year--the usual assumption if one says "salary" without
qualification.
--
Transpose hotmail and mxsmanic in my e-mail address to reach me directly.
#122
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Posts: n/a
On 2005-01-06 11:10:07 +0100, Icono Clast <[email protected]> said:
> Mxsmanic wrote:
>> My parents' home cost about 1.5 times my father's salary.
>
> Must be a terrible place to live or he was paid twice as much as the
> average worker. There are others where houses don't sell at all for the
> simple reason that they're undesirable places to live.
Well, he had to share it with Mixi, so I guess it was, but I doubt that
was reflected in the price.
G;
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> Mxsmanic wrote:
>> My parents' home cost about 1.5 times my father's salary.
>
> Must be a terrible place to live or he was paid twice as much as the
> average worker. There are others where houses don't sell at all for the
> simple reason that they're undesirable places to live.
Well, he had to share it with Mixi, so I guess it was, but I doubt that
was reflected in the price.
G;
--
Encrypted e-mail address. Click to mail me:
http://cerbermail.com/?nKYh3qN4YG
#123
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Posts: n/a
Mxsmanic wrote:
> Correct, perhaps, but 11 times a person's salary is not affordable.
You neglected to say ". . . for that person". Such places are
"affordable" as they're bought daily by people who can afford them.
__________________________________________________ __________
A San Franciscan in (where else?) San Francisco
http://geocities.com/dancefest/ http://geocities.com/iconoc/
ICQ: http://wwp.mirabilis.com/19098103 IClast at SFbay Net
> Correct, perhaps, but 11 times a person's salary is not affordable.
You neglected to say ". . . for that person". Such places are
"affordable" as they're bought daily by people who can afford them.
__________________________________________________ __________
A San Franciscan in (where else?) San Francisco
http://geocities.com/dancefest/ http://geocities.com/iconoc/
ICQ: http://wwp.mirabilis.com/19098103 IClast at SFbay Net




