I suppose it depends on context. Most of Manchester and Salford inner city was council housing, and the closure of docks, mines, steelworks and factories made many, many people unemployed. Poverty was everywhere. We grew up in the 60s concrete nightmares that were Hulme, Beswick, Ordsall, Salford Precinct, Collyhust etc etc. If you've never seen photographs of these places before the 90s redevelopment, I suggest you Google them, they were unbelievable. Hulme especially had been abandoned by the council and had been taken over by anarchists, while ordinary tenants tried to live amongst chaos. I grew up in view of the docks, which became more and more run down and derelict. The dereliction was everywhere.
Morrisey, in contrast, grew up in Trafford in a semi detached owned property in a leafy suburb with a librarian mother (a middle class sort of profession). I never met his father as he had left before I met him.
But like Jack, they were far better off than most of his contemporaries at the time.