History

The prices of food and other products in the 1960s is often discussed in babyboomer circles. Housing too is one of those subjects where historical prices are talked about. For the information of all those who sometimes wonder what things cost back then, here is a little list.

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No wonder that it was so popular with the Mods. It was born at the same time. The classic Vespa scooter was 60 in 2006 and remains a chosen form of transport for the discerning traveller or commuter. The Italians still love it so much that they organised an exhibition for it in Riccione, the popular Adriatic resort still visited by youngsters because of the night clubs in the district and the city centre.

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Money in the 1950s and 1960s

House Prices in the 1950s would shock people who are just starting on the property ladder today. We all know that property has risen in value over the years but by just how much is enlightening. Yet despite the increases in prices, except for a few years, housing has become more affordable for most of us. At the end of World War 2, the UK average price of a 3 bedroom semi detached house was around £1,000 ($1500). This rose to around £5,600 in 1971, £24,000 in 1981, £62,000 in 1991 and £101,000 in 2001.

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