Yes, I hear some of you thinking, but there was poverty then, slums, crap jobs,...but * for about 300 years from the late middle ages there was virtually no inflation. Prices for everyday items were very stable in comparison to the last 50 years. * Georgian, Victorian and Edwardian houses were far grander for the middle classes than the post-war new houses. Cities and towns are full of them. The middle classes now struggle to own Victorian workers cottages, say in London outskirts. House prices have been mainly on a steep upward trajectory. * Council houses were plentiful, decent sized with big gardens (ie space), well maintainedand cheap to rent * Today there are more things to buy no doubt, consumerism is rampant, but not without excruciating consumer debt. We look richer, but in terms of living within ones means and savings, a decent place to live for the majority at least, health, time and peace of mind, are we really?