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My grandfather worked in carpentry and construction, ultimately working his way up to overseeing construction of bridges. There was a time when you could hardly
by tjr 15y ago
My grandfather worked in carpentry and construction, ultimately working his way up to overseeing construction of bridges. There was a time when you could hardly drive anywhere in St. Louis without crossing over a bridge that he worked on.
And doing construction work, he paid for his family's house over the course of about five years. It wasn't a palace, but it was a nice house in a (then) nice neighborhood with a good-sized lawn. Today, people routinely spend twenty or thirty years to buy a decent house. Even dumpy houses in poor locations would likely take well over five years for many people to pay for.
Something seems very wrong.
- deleted 15y ago[deleted]
- ars 15y agoIt's because we are building so many other things. The price of a house depends on how many people there are to build it (like your grandfather). These days people build all sorts of other things, so the price of a house goes up. But on the other hand you now have so many other cool things that weren't available back then.