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Average household income vs Average home price in US over the past 70 years. Looks like an average American is going to be a happy renter in about 10-15 years a
by sakopov 4y ago
Average household income vs Average home price in US over the past 70 years. Looks like an average American is going to be a happy renter in about 10-15 years as home ownership prices reach the moon.
1950 - $3,300 - $7,354
1960 - $5,600 - $11,900
1970 - $9,870 - $17,000
1980 - $17,709 - $47,200
1990 - $29,943 - $79,100
2000 - $41,989 - $119,600
2010 - $49,276 - $221,800
2020 - $67,521 - $336,900
- c7DJTLrn 4y ago"You will own nothing and you will be happy" God it's depressing. I'm jealous of the generation who bought homes for the equivalent of one year's salary, sat on them while their value multiplied 20x, and then had the economy shut down for two years for their safety. And of course, they received healthy pension increases while the minimum wage remains stagnant.