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My grandparents had my mom at 17 in 1965, were disowned by their parents, and bought a house at 19 on a single carpenter's apprentice salary. They bought a new
by micromacrofoot 5y ago
My grandparents had my mom at 17 in 1965, were disowned by their parents, and bought a house at 19 on a single carpenter's apprentice salary. They bought a new car a couple years later.
My grandmother only started working part-time ~1980 as things started getting harder to afford on a single salary.
I think about this a lot because even with two people working full time we couldn't afford a house (in the same city) until we were in our late 20s, without a child. Still have never owned a new car.
- sokoloff 5y agoCarpenter's apprentices look to make around double the federal minimum wage today, which checks out that they could afford a house in the mid 60s. https://news.ycombinator.com/item?id=29593398 https://news.ycombinator.com/item?id=29593398
- micromacrofoot 5y agoAlright but I've been making quadruple the federal minimum wage...