Replies to Msg. #1209356
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 Msg. #  Subject Posted by    Board    Date   
34146 Re: 1954 . . . Inflation.
   People buy on affordability of "payments". So, you will also notice t...
Fiz   6TH POPE   30 Jul 2022
12:58 AM
34143 Re: 1954 . . . Inflation.
   In 1967 my parents moved on up to the east side.. My dad got a d...
micro   6TH POPE   29 Jul 2022
11:11 PM

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Re: 1954 . . . Inflation.

By: Decomposed in 6TH POPE
Fri, 29 Jul 22 10:55 PM
Msg. 34141 of 60008
(This msg. is a reply to 34131 by Zimbler0)
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Zimbler0:

Re: “Back in 1969, Mom and Dad bought their house for $13,900.”
Putting that in perspective, back then $13,900 was about 18 months of an average person's salary. Today, the average person makes less than $60,000.

So, it's not just that prices have skyrocketed. It's also that salaries have not kept up.








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