3 ms·
In 1980 a house that is considerably north of 250k today was 25k. And this isn’t guesswork, I’m talking about real actual houses in the same place. If anything
by User23 2y ago
In 1980 a house that is considerably north of 250k today was 25k. And this isn’t guesswork, I’m talking about real actual houses in the same place. If anything I’m being conservative. So in terms of home ownership that $4 was at a minimum $40 today. Are there gas stations offering jobs pumping gas at $40-50 today? And if so are they at economically marginal scale? No? Yeah I didn’t think so. But I do appreciate your corroborating my point, even if it was through boomer solipsism rather than the ignorance of youth.
- bryanlarsen 2y ago1989, not 1980. Bread cost $1 a loaf then, it's $2 a loaf now. Rent was $600 a month then, its $2000 a month now. $18 buys a lot more today then $4 did then.