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re: Minimum wage in the 1970s would be the equivalent of making almost $56,000 a year now

Posted on 4/23/26 at 9:35 am to
Posted by Salmon
I helped draft the email
Member since Feb 2008
86207 posts
Posted on 4/23/26 at 9:35 am to
quote:

This seems to be the basis of most of the arguments I see.


Give some examples in this thread.
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
12839 posts
Posted on 4/23/26 at 9:37 am to
quote:

I can't start out in a fancy big house right out of college. Wah wah wah.
The median age of a first time home buyer in 2026 was 40 years old….
Posted by Night Vision
Member since Feb 2018
21980 posts
Posted on 4/23/26 at 9:41 am to
quote:

The median age of a first time home buyer in 2026 was 40 years old….


Make tough choices with your money and you can still do it.

I would never live in a city or a normal subdivision. I would buy an acre of land and put a trailer on it or build a small house before I rented.

Some folks can't or won't manage their money.
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
12839 posts
Posted on 4/23/26 at 9:49 am to
quote:

Some folks can't or won't manage their money
It has nothing to do with can’t or won’t manage their money

Seriously, I can’t tell if some of yall are trolling or are really that ignorant to the current condition of the AVERAGE person in America.

The whole point of the thread was to show that there is a real affordability problem, especially with housing. And everyone’s rebuttals completely miss the point. Yours too. It’s going right over your head
This post was edited on 4/23/26 at 9:52 am
Posted by Bacon84
Texas
Member since Oct 2012
2014 posts
Posted on 4/23/26 at 10:01 am to
quote:

Can you not read?


I read just fine…

However, your point is…. Just bitching and moaning, “poor me…”

I started college in 2002 with not a dime to my name. I don’t come from money. I grew up broke as frick. We didn’t go hungry, but we didn’t have extra.

I worked my way through college full time.
Got my degree. Started a career.

I built my own custom home. Btw, it’s 1500sqft living, and has a 1000sqft garage. I am married with kids…

It can be done. But, you have to stop whining and do it.

BTW, I only commented in this thread to make a point that luxury and size, is one factor that affected the home market over the last 50+ years.
There are many factors, that is only 1.
But if you want to get personal, and say shite like “can you read?”….
Posted by Night Vision
Member since Feb 2018
21980 posts
Posted on 4/23/26 at 10:03 am to
I never had trouble buying a house or anything else I wanted and I wouldn't if I had just started out today either.

Posted by Salmon
I helped draft the email
Member since Feb 2008
86207 posts
Posted on 4/23/26 at 10:06 am to
quote:

I never had trouble buying a house or anything else I wanted and I wouldn't if I had just started out today either.


This is why these threads always go 15+ pages. People always interject with their personal experiences and refuse to notice or even acknowledge very real trends.

I think a lot of it has to do with the fact that most people here live in the South, which is still relatively affordable, and all the date discussed in this thread is national averages.

There is a strong disconnect with someone living in Walker compared to the suburbs in north Texas or along the coast.
Posted by Techdave
Laffy
Member since Apr 2014
828 posts
Posted on 4/23/26 at 10:20 am to
quote:

Give some examples in this thread.


Fair enough. Maybe I'm assuming.
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
12839 posts
Posted on 4/23/26 at 10:21 am to
quote:

There is a strong disconnect with someone living in Walker compared to the suburbs in north Texas or along the coast
I feel like I’m taking crazy pills reading some of these responses.

Statement: homes in cities have become very unaffordable for the average american as compared to previous generations.

Stated solution: Move an hour away to buy a piece of property and put a trailer on in.

Like somehow that’s comparing apples to apples
Posted by Techdave
Laffy
Member since Apr 2014
828 posts
Posted on 4/23/26 at 10:24 am to
quote:

This is why these threads always go 15+ pages. People always interject with their personal experiences and refuse to notice or even acknowledge very real trends.

I think a lot of it has to do with the fact that most people here live in the South, which is still relatively affordable, and all the date discussed in this thread is national averages.

There is a strong disconnect with someone living in Walker compared to the suburbs in north Texas or along the coast.


I mean we can all google national averages, but they are just that, national. Massive population centers like California, Illinois, New York, aren't very relevant and probably skew the stats for a message board based primarily in the South.

Which is why people throw out their local anecdotes. I think if the data was more local, most people wouldn't have as big of a problem with it.
Posted by NorthTxLSU
Dallas to Austin to Houston
Member since Nov 2018
14787 posts
Posted on 4/23/26 at 10:26 am to
quote:

put food on the table for my family and bought a house in 75 working at the local grocery.


You'd be lucky to afford a shack to live in working at a grocery store in 2026
Posted by Salmon
I helped draft the email
Member since Feb 2008
86207 posts
Posted on 4/23/26 at 10:27 am to
quote:

I think if the data was more local, most people wouldn't have as big of a problem with it.


I mean it still sucks

My parents bought 50 acres and built a custom home in 2000 in a rural area in LA. My Dad was a fireman. Hardly wealthy.

I make so much more than my parents now at the age that they bought the property and built, and I could not afford to buy 5 acres, much less 50, and build a home where they live now.

That's nuts to me.
This post was edited on 4/23/26 at 10:31 am
Posted by Techdave
Laffy
Member since Apr 2014
828 posts
Posted on 4/23/26 at 10:35 am to
quote:

I mean it still sucks

My parents bought 30 acres and build a custom home in 2000 in a rural area in LA. My Dad was a fireman. Hardly wealthy.

I make so much more than my parents now at the age that they bought the property and built, and I could not afford to buy 30 acres and build a home where they live now.

That's nuts to me.


And I believe that. Not questioning any of it. My standpoint that the biggest driver of all of this is diminishing availability of land. The supply of quality land is shrinking fast. That will always exponentially increase prices of anything.

That combined with inflation of course (depending if we are factoring that out or not).

I believe that supply of quality land is more of the issue than "the government is doing this, or not doing that"
Posted by Midtiger farm
Member since Nov 2014
6163 posts
Posted on 4/23/26 at 10:39 am to
quote:

built my own custom home. Btw, it’s 1500sqft living, and has a 1000sqft garage. I am married with kid


When did you do this? What was the $/ft. could you afford to build the same house today on your same salary as when you did it?
Posted by Midtiger farm
Member since Nov 2014
6163 posts
Posted on 4/23/26 at 10:41 am to
quote:

Stated solution: Move an hour away to buy a piece of property and put a trailer on in.


or buy a 1970s 1000sq ft house in an area of town where you may or may not get robbed or shot
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
12839 posts
Posted on 4/23/26 at 10:52 am to
quote:

Massive population centers like California, Illinois, New York, aren't very relevant and probably skew the stats for a message board based primarily in the South.
While I’ll concede that the message board is primarily based in the South, the topic of conversation is about national average, and I’d argue that your “non-relevant” population centers like California, Illinois, and New York are actually the more relevant areas as that’s where the majority of the population is.
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
12839 posts
Posted on 4/23/26 at 10:54 am to
quote:

or buy a 1970s 1000sq ft house in an area of town where you may or may not get robbed or shot
Don’t forget the failing public school district. Hope your ready to shell out another 15k per kid for private school
Posted by Bacon84
Texas
Member since Oct 2012
2014 posts
Posted on 4/23/26 at 10:58 am to
quote:

When did you do this? What was the $/ft. could you afford to build the same house today on your same salary as when you did it?


2015. I don’t recall the exact $/ft. It was relatively high for the time because I chose certain things, like I have no Sheetrock in the house, it’s all shiplap. 12 ft’ ceilings, nicer finishings etc.

Could I still do it now? Yes!
It would cost more, and I make more.
If I needed to do it on the same budget, I would do more of the work myself instead of contracting it out.
Why?
Because, I am able to.
I’m not saying the average person should take on pouring their own slab, or framing themselves, but there is no reason you can’t save thousands by painting yourself, laying your own floors, installing your own fixtures, etc.

Posted by Techdave
Laffy
Member since Apr 2014
828 posts
Posted on 4/23/26 at 11:06 am to
quote:

While I’ll concede that the message board is primarily based in the South, the topic of conversation is about national average, and I’d argue that your “non-relevant” population centers like California, Illinois, and New York are actually the more relevant areas as that’s where the majority of the population is.


Really? When you are considering affordability in BR, you give a shite about housing costs in Los Angeles?

The statement I was making is that most of the board is in the south. The south is where we are concerned about prices and wages. I mean I think it's fair to narrow down the original topic to more relevant numbers.
Posted by Scruffy
Kansas City
Member since Jul 2011
77268 posts
Posted on 4/23/26 at 11:16 am to
quote:

Really? When you are considering affordability in BR, you give a shite about housing costs in Los Angeles?
I am considering the overall nationwide social and political impact of this.

This issue is not just one with local impacts. I don’t even live in LA anymore.

Younger generations not being able to obtain what we consider the American Dream will ultimately result in them rejecting it.

The impact of poor economic situations and a feeling of separation from our capitalist system will have dire consequences.

If they aren’t part of or feel as if they can take part in our system, they will have zero issues throwing it away for a more socialist one to all of our detriment.

I believe it is very important to take in the whole picture, and, IMO, it is why the statements of “suck it up” by older generations is detrimental.

Housing is just one part of the picture. The same thing goes for things like retirement and 401k. If the younger generations cannot afford to see aside money for retirement/401k, why would they oppose raiding mine or yours?
This post was edited on 4/23/26 at 11:25 am
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