Yes, but you could actually buy a decent terraced house, in a decent area, for around £500 in 1950ish, not just "put a deposit on a small house or flat" - my grandparents actually did - so that's worth a hell of a lot more in real terms then than £5,000 is now. You can't really compare the buying power now with the buying power then. And it's a lot to spend on just one child.
And I never said it was "unlimited wealth". I said "a valuable piece of jewellery". I don't see how you can possibly claim a tiara that could have bought half a house in 1950 isn't "valuable". I believe I've said the younger ones probably exaggerrated the value, but that doesn't mean it was "limited in value", i.e. worth little. It just means it couldn't have been used to solve any financial crisis of any magnitude.
![[community profile]](https://www.dreamwidth.org/img/silk/identity/community.png){kind=small}
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
timeasmymeasure
no subject
Date: 2005-08-31 09:17 am (UTC)And I never said it was "unlimited wealth". I said "a valuable piece of jewellery". I don't see how you can possibly claim a tiara that could have bought half a house in 1950 isn't "valuable". I believe I've said the younger ones probably exaggerrated the value, but that doesn't mean it was "limited in value", i.e. worth little. It just means it couldn't have been used to solve any financial crisis of any magnitude.