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re: I'm sick of people saying the middle class is worse off than 4 decades ago.
Posted on 3/14/17 at 9:46 am to 50_Tiger
Posted on 3/14/17 at 9:46 am to 50_Tiger
quote:
I'll ignore the personal attack. Where can you buy an 150k home thats not in the hood or "warzone." I mean we can deep dive into the social economical things if you want. People genuinely don't want to live in the ghetto and well prices in City centers are higher than 150k easily as well as suburbs. It's easy to argue absolutes, but this is a factor into people's buying decisions.
Dude, you can't complain about personal attack when you tried to pass off 23K vs 350K
And, neat trick how you again ignored that the 350K house bears little resemblance to the 23K house you speak of.
As for where you can buy that 150K house, you might want to ask yourself why such a house doesn't exist and yet home ownership rates TODAY are a crack higher than they were in 1970.
Pull away from your argument and just examine that for a second. Please.
quote:Yep. And, apparently, in 1970, they had less left over to buy cars and homes. Unless you have some other cool explanation.
Changing prices into Today's dollars just proves my point....it costs less than the MSRP of a vehicle today period. People have finite resource (money). You can only buy so many things.
Posted on 3/14/17 at 9:50 am to ShortyRob
quote:
Dude, you can't complain about personal attack when you tried to pass off 23K vs 350K
And, neat trick how you again ignored that the 350K house bears little resemblance to the 23K house you speak of.
As for where you can buy that 150K house, you might want to ask yourself why such a house doesn't exist and yet home ownership rates TODAY are a crack higher than they were in 1970.
Pull away from your argument and just examine that for a second. Please.
LOL want me to pull up a realtor listing for a shack in Seattle that costs 3/4 a mil.
You also seemed to ignore the fact that I didn't claim I was a economic guru. Forgetting to convert 23.5K into 2017 dollars was a simple misstep.
Still though, 150k < 350k.
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