3 ms·
You're conflating 'having a home' with home ownership, even though the GP talks about the hassles of dealing with landlords and therefore clearly includes renti
by anigbrowl 2y ago
You're conflating 'having a home' with home ownership, even though the GP talks about the hassles of dealing with landlords and therefore clearly includes renting.
Rent used to be a lot cheaper in the US. I'm not sure about the 1980s, but in the 1980s I had a spacious room in a nice San Francisco neighborhood for $300/month.
- cko 2y agoMedian family income in 1980 was $21k. Also San Francisco back then may not have been the San Francisco of today. So if you factor in inflation and increase in desirability and local wages, this would make for a more meaningful comparison.