2 ms·
> true. Those of us old enough remember a time where we didn't have the luxuries we have today. We had a choice of three channels on television, paid exorbitant
by lazyjones 8y ago
> true. Those of us old enough remember a time where we didn't have the luxuries we have today. We had a choice of three channels on television, paid exorbitant long distance fees to call our family abroad and rarely traveled by plane.
The same people always seem to forget about this when they complain about not being able to afford proper housing or to sustain a family on a single income though.
- bko 8y agoHome ownership rates in America are historically very high. It dipped since the peak in the pre 2008 when they were nearly 70% and is now around 65%. Pre-WW2 it was around 45%. The idea that home ownership is rare and out of reach for Americans is not true. [0] https://www.stlouisfed.org/publications/housing-market-perspectives/2016/if-housing-markets-are-recovering-why-is-homeownership-falling https://www.stlouisfed.org/publications/housing-market-persp...