Was London housing affordable in 1949?
Browsing a London Free Press newspaper issued on June 11,1949 I came across the real estate section of the classified ads. There were no colour photos back then and very few pictures of smiling realtors, just efficiently written ads, cramming as much info as possible in a small space.
$9,000 would buy home in South London, now a desireable area known as Old South. Wow! And it comes with a furnace!
Hydro and oil furnaces were features in some homes. Others were still heated with coal!
So, were homes more affordable in 1949 than today? Most families were single income back then.
Next week I will scan the jobs section and compare salary to house prices. Stay tuned.
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