4 ms·

$50,000 in 1970 is worth $350,000 in 2021 dollars. So in reality the house has doubled in price.

• kubb 5y ago
  And I guess what we think are great salaries in the tech industry today, were salaries of a postman or a factory worker back then?
  • poloopolo 5y ago
    Of course, what has gone down is the real purchasing power of a dollar. Good thing we now have crypto but the transition will be a wild west
  • mattmanser 5y ago
    A small section of the total workforce has had a massive salary bump due to a severe shortage. Not sure what that's got to do with anything we're talking about.