How much would you need to earn a week today to live like people did during the boom

Hollister11

I was watching a documentary on YouTube produced by RTE about 8 years ago entitled 'How we blew the boom'. It's a very interesting documentary, seeing as i was under the age of 10 during the boom.

For the 'flash' lifestyle people seemed to live back in the day, how much would you need today to live a similar lifestyle. One of the salesman's was earning 1K a week, but was staying in 4 and 5 star hotels in Spain every year, bought a new car in 04, 05, and 06 and had a 500K house in Dublin. On 1K a week this seems extraordinary and unrealistic today.

Would 1500 a week cover this? Or would you need closer to 2K

Conall Cernach

One of the problems was that some people had that sort of lifestyle without ever having the appropriate wage to go with it, it was all on credit.

Cee-Jay-Cee

1800

Wan meeeel-yan euros.

eeguy

I was I college during the boom so I had no money. Living a boom lifestyle now thought yeeaaahh!! Jetskis!!

Fr_Dougal

Hollister11 wrote: »

I was watching a documentary on YouTube produced by RTE about 8 years ago entitled 'How we blew the boom'. It's a very interesting documentary, seeing as i was under the age of 10 during the boom.

For the 'flash' lifestyle people seemed to live back in the day, how much would you need today to live a similar lifestyle. One of the salesman's was earning 1K a week, but was staying in 4 and 5 star hotels in Spain every year, bought a new car in 04, 05, and 06 and had a 500K house in Dublin. On 1K a week this seems extraordinary and unrealistic today.

Would 1500 a week cover this? Or would you need closer to 2K

The boom wasn't about what you earned, it was about access to credit.

Donald Trump

https://www.youtube.com/watch?v=l91ISfcuzDw

valoren

We had the genuine economic boom in the mid 90's.
The era you're referring to was a credit boom/property bubble.
So to live that way all you need is a multitude of credit cards or personal loans and a 100% mortgage.

Cantona's Collars

The boom is back for certain people alright,when you see them installing €60 grands worth of a kitchen for show then something is wrong an no lessons were learnt.
I'm on way less than what I earned during the boom but I cut my cloth to suit.The one thing I don't miss is the long hours commuting to arrive home in time for bed to go do it all again.

OldNotWIse

If people had based their lifestyles on what they had actually earned there wouldn't be so many people up shít creek now.

Your Face

Well they paid less taxes for a start.

steddyeddy

Well I'd basically get an apprenticeship in anything and find a thick as pig sh1t bank employee to agree to give me a loan in vast excess of what I can afford to pay.

lawred2

Your Face wrote: »

Well they paid less taxes for a start.

a lot less

howamidifferent

I'm still livin like I did in the boom..No recession for me. :pac:

Sue Pa Key Pa

I live the same lifestyle now as I did during the boom , only it takes more money to do so because of the increased taxes and costs

D0NNELLY

All you need is enough dosh for a deck/trampoline out the back and electric gates out front.

5k all in.

pangbang

Only suckers "earn". How much can you TAKE from the suckers is what matters. A lot of the same people who cruised through the booms are still cruising through recessions....and it has nothing to do with earning. So, if you have takings of 2k a week, yeah, that should do nicely, for starters.

D0NNELLY

Only suckers "earn". How much can you TAKE from the suckers is what matters. A lot of the same people who cruised through the booms are still cruising through recessions....and it has nothing to do with earning. So, if you have takings of €188 a week, yeah, that should do nicely, for starters.

OldMrBrennan83

This post has been deleted.

Jim Bob Scratcher

188 euro :pac:

pangbang

D0NNELLY wrote: »

Only suckers "earn". How much can you TAKE from the suckers is what matters. A lot of the same people who cruised through the booms are still cruising through recessions....and it has nothing to do with earning. So, if you have takings of €188 a week, yeah, that should do nicely, for starters.

Well there are definitely some scroungers out there on the dole, riding the system like a whooooooore. A bit difficult to live a luxury lifestyle on whatever the social welfare pays.

But I was thinking more along the lines of people who put a suit on everyday to rob people, you know?

Majella turns up in the bank circa 2005, only the dole to support her. Asks for a loan for a brand new car from the loan officer, way beyond her means. Quick stamp and hes "given" it to her.

Now whos "taking" in that very common situation?

Assuming (shock and horror) that shes a person in receipt of social welfare and ISNT a scrounger, assuming (double shock) that she'll try to pay it back like most people, she'll be the one buggered. The bank will profit, hell or highwater, aided by government (more suits)

You can blame her for stupidity, but then youd also have to blame your man for taking advantage. And those that "take advantage" are the "takers". And those takers are the ones that cruuuuuuisse, baby!