Man who bought flat in pesetas lectures young people
A viral video shows a man who bought a flat for 200,000 pesetas lecturing young people, sparking debate. Was it as easy then as now?
English · Original discussion in Spanish · Published
The myth of sacrifice: Was buying a home in pesetas as hard as it is now in euros?
A viral video on TikTok has reignited the eternal debate about housing and generational opportunities. In it, an elderly man, who calls himself «langosto», recounts how he bought his flat for 200,000 pesetas in the 1960s, encouraging young people to «sacrifice» to achieve the same. The figure, which at first glance seems ridiculous, has unleashed a wave of comments questioning the direct comparison with today's reality, marked by frozen wages and skyrocketing property prices.
The peseta then and the euro now: same purchasing power?
The discussion focuses on the real equivalence of those 200,000 pesetas. While some argue that the effort was comparable to today's, others argue that inflation and the purchasing power of the time make the figure misleading. It is noted that, back then, with an average salary of about 10,000 pesetas, housing represented between 14 and 16 paychecks. Today, with salaries around 1,600 euros, a similar home would cost about 137 paychecks. The video, which shows the protagonist in a comfortable environment, has been criticized for ignoring the socioeconomic context and the advantages that, according to many, his generation had.
The «langosto» and his story: an example or a provocation?
The man in the video, identified by some as a former Francoist councillor, insists on the need for sacrifice, mentioning that he himself lived for a year at his parents' expense. This statement has generated indignation, labeling it as «freeloading» and living off others. Criticism is aimed at the lack of self-criticism about the opportunities of his time, such as access to housing, post-war economic development and the policies of the era, compared to today's precariousness.
The conversation splits between those who defend the idea that personal effort is still key and those who denounce a narrative that ignores the structural differences between generations. The generational gap manifests itself in the perception of «sacrifice»: while some see it as a necessary path, others consider it an excuse to justify the lack of opportunities and growing inequality.
Related debates in the forum
A viral video on TikTok has reignited the eternal debate about housing and generational opportunities. In it, an elderly man, who calls himself «langosto», recounts how he bought his flat for 200,000 pesetas in the 1960s, encouraging young people to «sacrifice» to achieve the same. The figure, which at first glance seems ridiculous, has unleashed a wave of comments questioning the direct comparison with today's reality, marked by frozen wages and skyrocketing property prices.
The peseta then and the euro now: same purchasing power?
The discussion focuses on the real equivalence of those 200,000 pesetas. While some argue that the effort was comparable to today's, others argue that inflation and the purchasing power of the time make the figure misleading. It is noted that, back then, with an average salary of about 10,000 pesetas, housing represented between 14 and 16 paychecks. Today, with salaries around 1,600 euros, a similar home would cost about 137 paychecks. The video, which shows the protagonist in a comfortable environment, has been criticized for ignoring the socioeconomic context and the advantages that, according to many, his generation had.
The «langosto» and his story: an example or a provocation?
The man in the video, identified by some as a former Francoist councillor, insists on the need for sacrifice, mentioning that he himself lived for a year at his parents' expense. This statement has generated indignation, labeling it as «freeloading» and living off others. Criticism is aimed at the lack of self-criticism about the opportunities of his time, such as access to housing, post-war economic development and the policies of the era, compared to today's precariousness.
The conversation splits between those who defend the idea that personal effort is still key and those who denounce a narrative that ignores the structural differences between generations. The generational gap manifests itself in the perception of «sacrifice»: while some see it as a necessary path, others consider it an excuse to justify the lack of opportunities and growing inequality.
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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (632 replies).
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