4 ms·
How much was the total price of that modest home? 14% of cheap is still cheap.
by Pxtl 4y ago
How much was the total price of that modest home? 14% of cheap is still cheap.
- nemo44x 4y agoIt’s pretty much the same as today when you consider inflation and interest rates. People love to believe homes were basically free back then but they weren’t. Interest rates were super high and people still paid the same percentage of their monthly income line today. There has been sone warping to be sure in and around metro areas people want to live in. Those areas were being abandon back then. Most places in the country are really cheap. But overall it’s about the same.