- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Minimum wage in the 1970s would be the equivalent of making almost $56,000 a year now
Posted on 4/22/26 at 5:23 pm to theunknownknight
Posted on 4/22/26 at 5:23 pm to theunknownknight
quote:
We were lied to for a generation being told to get our degrees. Most guidance counselors would talk with distain about jobs like plumbing and ditch digging, etc. They would say go get an accounting degree or a law degree, or a medical degree
Now, a lot of those are starting to be phased out for the younger generation who are graduating or have just started their careers.
And the “small house” is now close to 250k - 300k in areas where these jobs exist.
Young people are screwed, in general, compared to last generations when it comes to opportunity.
Poor, poor, pitiful me.
0
Posted on 4/22/26 at 5:23 pm to meansonny
quote:
Sure. Sure. So did the Spanish Flu
We’re a vassal state now bruh
Posted on 4/22/26 at 5:29 pm to gdzgft28
quote:
So you think if people had more money to buy homes with real estate values would remain the same???
These soft millenials should be like the h1bs us boomers imported and live 14 people to a 2 bedroom house
Gotta pull yourself up by your flip flops
Posted on 4/22/26 at 5:31 pm to theunknownknight
I’m not reading the whole thread. You could buy a 1970s size house along with everything that was in it for min wage right now.
The problem is that everyone chooses all the crazy upgrades they don’t need not can afford.
The problem is that everyone chooses all the crazy upgrades they don’t need not can afford.
Posted on 4/22/26 at 5:33 pm to baldona
quote:
I’m not reading the whole thread. You could buy a 1970s size house along with everything that was in it for min wage right now. The problem is that everyone chooses all the crazy upgrades they don’t need not can afford.
Posted on 4/22/26 at 5:36 pm to JohnnyKilroy
Classic baldona post. 
Posted on 4/22/26 at 5:59 pm to diat150
quote:
I would love to know what a 1971 house for 25k looked like.
Well, it was a whole lot smaller.
[/img] 2026 is 2300 sq ft
Homes today are 50% bigger and my shop is built better than the house I grew up in. The house I grew up in was built in 1953 and only had minimal insulation in the attic. None in the walls or floor. The two bedroom addition my dad put on in 1972 only hung paneling on the studs, no drywall at all. It still only had insulation in the attic.
Posted on 4/22/26 at 6:57 pm to Crowknowsbest
quote:
there is not some undiscovered glut of available 1200 sf houses.
I've heard this a few times now. You can hire a builder and buy one. You can buy a condo or build one as well. This is a free country, you don't HAVE to buy a McMansion. My last house was 1100sft.
Posted on 4/22/26 at 7:18 pm to tadman
quote:How old were you when you bought it, how much did you pay for it, and would you send your kids to that school district?
My last house was 1100sft.
Posted on 4/22/26 at 8:41 pm to Night Vision
quote:
Buy some land and have a small house built on it or put a trailer on it. At least you aren't paying rent for something you'll never own.
Yeah, that's probably $300k and up in my zip code.
Posted on 4/22/26 at 9:47 pm to wadewilson
I have 4 nieces/nephews that are under 30.
Three of them own houses and the last one just graduated college.
Ones that own houses live in Atlanta, one near T-Town and the other in NC.
How on earth do they do it when it is supposed to be impossible according to some on here?
Three of them own houses and the last one just graduated college.
Ones that own houses live in Atlanta, one near T-Town and the other in NC.
How on earth do they do it when it is supposed to be impossible according to some on here?
Posted on 4/22/26 at 10:15 pm to Crimson Wraith
a lot of debt and zero savings. prob paying over 50% of their net income on their mortgage.
Posted on 4/22/26 at 10:18 pm to lsuoilengr
They have savings. One of them also owns a rental property.
Posted on 4/22/26 at 10:25 pm to theunknownknight
The houses in 1971 were about 1,400 sqft on average and today they are 2,390 sqft.
Posted on 4/22/26 at 10:30 pm to Jake88
a higher percentage of gross income went to the mortgage payment for the median home buyer in 1985 than it does today. It isn’t really close at all.
Posted on 4/22/26 at 10:35 pm to baldona
quote:
I’m not reading the whole thread. You could buy a 1970s size house along with everything that was in it for min wage right now.
quote:
The problem is that everyone chooses all the crazy upgrades they don’t need not can afford.
Things like walls and doorknobs
Posted on 4/22/26 at 10:44 pm to NawlinsTiger9
In 1980 the median price per square foot of a new home was $162 and in 2024 it was $195.9. That is a 21% real increase. Homes are bigger today and that adds expenses.
once you combine the mortgage payment with property taxes, the 1980 median household is spending about 47% of their income on housing (while the 2024 household is spending about 43.51%
That would seem to suggest that housing was actually more expensive for the median family in 1980 than it was in 2024.
once you combine the mortgage payment with property taxes, the 1980 median household is spending about 47% of their income on housing (while the 2024 household is spending about 43.51%
That would seem to suggest that housing was actually more expensive for the median family in 1980 than it was in 2024.
Posted on 4/22/26 at 11:28 pm to Bayou_Tiger_225
quote:
Get a trade? Would be nice if you weren’t competing with the flood of immigrants that have come in and devalued the labor market.
Get a better degree? That’s what was sold to an entire generation, only to have their jobs shipped overseas, replaced by visa workers from India, or cut due to AI advancements.
This is the plan btw.
Posted on 4/22/26 at 11:29 pm to theunknownknight
Housing has gone up more than most items. It’s a poor comparison.
Posted on 4/22/26 at 11:32 pm to AwgustaDawg
quote:
Not to derail the thread but trades jobs sucked far worse in the 1970s than they do today. They suck today but not like they did in the 70s. Young people today are too smart to be suckered into them even though they are much better today than they were 50 years ago
Again, it’s easier for them to complain than do what needs to be done.
I didn’t wanna do the first like 3 jobs I had when I got out the military, but I had goals and did what had to be done. Now, I’m fine.
Page 18 of 22
Popular
Back to top
Follow TigerDroppings for LSU Football News