> Cloth wiring, no grounds 50yr ago is 1971. They weren't using cloth insulated wiring in 1971. From the 1930s through whenever romex became common they used

> Cloth wiring, no grounds 50yr ago is 1971. They weren't using cloth insulated wiring in 1971. From the 1930s through whenever romex became common they used BX shielded cable which only relies on the cloth to provide color coding and UV shielding for the rubber that insulates the wire and the cable shielding acts as the ground. >the lack of maintenance is updating the circuit panel first and wires second, I believe this is the _ $15k you're referencing. Not fixing stuff that isn't broke isn't "lack of maintenence" The vast majority of people do not live in the world of million dollar properties where half of everything gets renovated with each new owner.