I feel like I was lucky. Late 80s you could just ask for a council house. I'm from a big city. They put young people like me on the really rough estates, but you had a home at an affordable rent.
First kid 1991, the maternity ward was half empty and plenty of staff. Sure, the place was old and really needed a lick of paint, but there were actual beds and nurses to support. I had a normal birth and was still in 5 days - lots of stitches.
I could live on my wages. Was a secretary. Paid £11,500 pa full time, rent was something like £1,750 pa. After second kid, shopping was £50 pw. Husband was at uni, no loans, no tuition fees, he actually got a grant. Childcare was £6 for a half day (from 8am - 1pm or 1pm to 6pm) with food all in. Once they were 3, they went morning or afternoons to school with free food and wrap around.
Housing bubble had burst end of the 1980s / beginning of 1990s, which was very hard for some people. I ended up buying under 'do it yourself shared ownership' (you choose the house, purchase a % of it and a housing association purchases the rest of it and you rent that). Like, we paid for our 25% outright because you could save that much - as a secretary married to a student working part-time.
I hated Thatcher, but it feels as if New Labour did a right number on people - PFI really screwed things up. I don't think we recovered from that and the financial crash of 2008 was the cherry on the cake.
It's interesting following the sharp investor platforms. They don't know how to keep their money safe and growing these days. Mark Carney (was Governor of the Bank of England, now PM of Canada) made some pertinent remarks recently: he reckons it's all going to come crashing down on a global scale in the not too distant future. Dollar is basically being devalued at the moment. Stock market is volatile. Interest rates are garbage. All 'speculate to accumulate' avenues are pretty sewn up. The housing market, especially in the UK, is probably going to collapse - once people realise the biggest redistribution of wealth is going to be from their nest egg property into private healthcare as they age.
It's a mess.