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If anyone were told endowments were 'stone bolt certainties' then they were lied to! A lot of early endowments though did very well, I remember someone who's endowment when it matured about 10 years ago did so at double the target amount! Their day ended really when LAPR ended but that is another story. I actually had one with my first mortgage in 1980, again my first house was a mere £17,000 up in Lowther Road.
Back then though, until the early 80's, mortgages were rationed and not easy to come by.
Not sure about the 100% employment though in the 60's - it was going up sharply at that time. In 1970 it reached 1,000,000 for the first time and that was when the workforce was a lot smaller with most married women in the home! I remember that because I looked at the headline then as a 15 year old school leaver and mentioned to a mate that it was now 1,000,002 to include the two of us.
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