How come almost everything seems to be going down in price?
We all know that electronic things have been going down in price for a long time and that house prices have been going down for a year or two but what about everything else?
You might not think of books as something that would go down. After all, they need authors to write them and their salaries aren’t going down, plus they need seemingly perpetually increasing amounts of paper to print them on. Yet, whilst way back in 1981 the Encyclopaedia Britannica retailed for £600, you can buy the latest one (if you look around) for £450.
Houses might be dropping in price but surely house improvements would be more expensive? Well, we’re in the process of updating our kitchen and bathroom. Both are around the same price as the original cost some 30 years ago. And the new one will be much higher quality too.
It seems almost a case of looking around for things that aren’t decreasing in price.
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