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re: The “time price” of square foot of housing is 24% lower than the 1950s
Posted on 6/2/26 at 6:23 am to El Segundo Guy
Posted on 6/2/26 at 6:23 am to El Segundo Guy
Hes the kid who is angry at the world and wants all people older than him to die because "we are holding him back".
Posted on 6/2/26 at 6:28 am to Archives
No one would stoop to buy a house like that these days.
—in California, those cost $1 million and up
—in California, those cost $1 million and up
Posted on 6/2/26 at 6:33 am to Archives
quote:
Square footage on homes is often overlooked when people compare prices across different decades.
My grandmother's house had 2 bedrooms, one bath, and a window AC unit added much later.
No one would stoop to buy a house like that these days.
And had 6-7 siblings. Especially the Catholic families down here.
Posted on 6/2/26 at 6:36 am to HailHailtoMichigan!
quote:in 2021, I sold my house in River Ridge, LA, a 1954 1,500 sq foot house for $325,000
Do you have alternative data?
If you want to buy a house in a non ghetto area even in suburbs you are going to pay through the roof even in a 1950s house
The thing is, the 1950s house was brand new when you got in in the 50s, now you are laying high prices on it at 75 years of age
Posted on 6/2/26 at 7:29 am to HailHailtoMichigan!
This was not a Stout thread.
Posted on 6/2/26 at 7:42 am to HailHailtoMichigan!
quote:
Home builders have tried to build smaller homes and they just aren’t in demand
You have data on this?
Because I think home builders realized people just really want homes, and could build bigger more expensive homes and people will still buy them absent of other options
Posted on 6/2/26 at 7:50 am to HailHailtoMichigan!
Did anyone ever consider that maybe the 120+ million foreigners that have poured into this country since 1965 have something to do with there not being enough housing?
It drives wages down and housing up. A lose-lose for the American citizen
It drives wages down and housing up. A lose-lose for the American citizen
Posted on 6/2/26 at 7:50 am to Salmon
quote:
Because I think home builders realized people just really want homes, and could build bigger more expensive homes and people will still buy them absent of other options
Same with truck. Don’t build cheap trucks and you force people to buy expensive trucks.
Posted on 6/2/26 at 8:00 am to HailHailtoMichigan!
My parents built their house in stages - the basement first, which they lived in for a few years while they saved $ to build the main house. My Dad, a machinist with a HS and Army education, then did most of the contracting for the top floor himself. We had every amenity on the list save the dishwasher, garbage disposal, microwave (of course) and the garage, but we did have a covered carport and a largish basement. That was 1958-1962 or so. The house was maybe 1200-1300 SF.
I can testify that storm windows, two bathrooms (three if you counted the one in the basement), and a fireplace were rarities among my friends' houses. We were still short a bedroom because my Dad's mother lived with us. Even then, you had to be creative and make compromises if you wanted all the bells and whistles.
I can testify that storm windows, two bathrooms (three if you counted the one in the basement), and a fireplace were rarities among my friends' houses. We were still short a bedroom because my Dad's mother lived with us. Even then, you had to be creative and make compromises if you wanted all the bells and whistles.
This post was edited on 6/2/26 at 11:29 am
Posted on 6/2/26 at 8:17 am to HailHailtoMichigan!
quote:
The idea that a recently married couple- the wife a nurse and the husband in finance- would buy this house is a fricking joke.
Not every couple is a nurse wife and a finance husband
Posted on 6/2/26 at 8:49 am to Joshjrn
Also notice that graph stops before COVID. It's now around 250 to 300 compared to the 100 baseline, by far the highest in history
This post was edited on 6/2/26 at 8:51 am
Posted on 6/2/26 at 9:26 am to lazlodawg
quote:
lazlodawg
BTW what the hell kinda jobs did your parents have that they averaged $2.60 an hour in 1980? Federal minimum wage was $3.10 at that time.
Assuming your parents made the federal minimum wage, your dad barely fricking worked and your mom was also barely hitting full time status.
quote:
My point is they fricking struggled and shite was hard. How many people that are bitching would live there and share one beat to shite used car just to try to improve their lot? Not many.
Maybe they wouldn't have struggled so much if your dad worked more than 25 hours a week or tried to do better than grocery store bagger. Your dad worked less than I did when I was 15 lmao.
This post was edited on 6/2/26 at 9:58 am
Posted on 6/2/26 at 12:21 pm to JohnnyKilroy
quote:
Maybe they wouldn't have struggled so much if your dad worked more than 25 hours a week or tried to do better than grocery store bagger. Your dad worked less than I did when I was 15 lmao.
My father was a Vietnam PoW who was barely functional after coming back home. He worked full time at a furniture store putting furniturre together. My mother was a bank teller. Neither graduated from high school but they both worked full time and never took a dime in handouts.
Your comment is ignorant and reflects the increasing coarseness of dialogue today. You have nothing constructive to add so you resort to personal attacks and moronic statements to try and score points.
They both did the best they could with the hands they were delt and eventually by sacrificing and working hard broke a generations long cycle of poverty. I don't feel sorry for anyone today who won't do what is necessary to succeed. I do feel sorry for you that your heart is so filled with malice and and your mind with ignorance.
Posted on 6/2/26 at 1:23 pm to lazlodawg
quote:
He worked full time at a furniture store putting furniturre together.
So what you're trying to convince us of is that your dad worked full time for less than $2.00/hr in 1980. Sorry baw, that dog don't hunt.
quote:
My mother was a bank teller
Based on your posts she was making only 3.25/hr. 15 cents above minimum wage. Looks like national average was nearly double that for a bank teller in 1980.
quote:
I don't feel sorry for anyone today who won't do what is necessary to succeed. I do feel sorry for you that your heart is so filled with malice and and your mind with ignorance.
You don't have to feel sorry for anyone. Just don't make shite up next time. It's not that hard.
Posted on 6/2/26 at 1:37 pm to HailHailtoMichigan!
The Cato institute, huh? 
Posted on 6/2/26 at 1:37 pm to JohnnyKilroy
BTW, you are also making the exact points that people have been saying in these threads, you just don't know it.
If we are to take your story at face value (which no one should), your parents were able to purchase, own and maintain a house while raising children on less than minimum wage.
Let me know the next time you'd support a couple of McDonald's fry cooks lobbying for minimum wage to be raised to the point that they could purchase a home and raise a family on their fry cook wages.
If we are to take your story at face value (which no one should), your parents were able to purchase, own and maintain a house while raising children on less than minimum wage.
Let me know the next time you'd support a couple of McDonald's fry cooks lobbying for minimum wage to be raised to the point that they could purchase a home and raise a family on their fry cook wages.
Posted on 6/2/26 at 1:55 pm to JohnnyKilroy
quote:
quote:
He worked full time at a furniture store putting furniturre together.
So what you're trying to convince us of is that your dad worked full time for less than $2.00/hr in 1980. Sorry baw, that dog don't hunt.
quote:
My mother was a bank teller
Based on your posts she was making only 3.25/hr. 15 cents above minimum wage. Looks like national average was nearly double that for a bank teller in 1980.
quote:
I don't feel sorry for anyone today who won't do what is necessary to succeed. I do feel sorry for you that your heart is so filled with malice and and your mind with ignorance.
You don't have to feel sorry for anyone. Just don't make shite up next time. It's not that hard.
My statements are 100% accurate. You choose to not believe me because it crushes your worldview and you refuse to modify your opinion because you are not intellectually honest. My father made $75 per week (take home). He worked for Neighlors Furniture. My mother worked as a bank teller. Her pay is accurate. Everything I've stated here is true. You choose not to believe it. That's fine- it's the internet. As long as you can go on in ignorance and not have to modify your opinion, I guess you'll be happy.
Posted on 6/2/26 at 2:00 pm to lazlodawg
quote:
My father made $75 per week (take home).
Your father had an effective tax rate of 40%????? On a minimum wage salary?????
Btw, you are affirming my worldview, not breaking it. You're making the argument that two boomers making less than minimum wage on average could afford a home and raise children. If anything that's making our argument even stronger than previously thought. I knew boomers had it a lot easier, but I didn't know you could buy your own house and raise your family on less than minimum wage back then. Thought it was at least a little bit tougher than that.
Damn they really did have it made in the shade back then lol.
This post was edited on 6/2/26 at 2:05 pm
Posted on 6/2/26 at 2:01 pm to JohnnyKilroy
quote:
BTW, you are also making the exact points that people have been saying in these threads, you just don't know it.
If we are to take your story at face value (which no one should), your parents were able to purchase, own and maintain a house while raising children on less than minimum wage.
Let me know the next time you'd support a couple of McDonald's fry cooks lobbying for minimum wage to be raised to the point that they could purchase a home and raise a family on their fry cook wages.
No, I'm not, you're just to stupid to realize it.
Feel free to call me a liar again behind the anonymity of your keyboard, tough guy.
The point is that not very many people are willing to do the things my parents did to escape poverty. You would not live there and share a car and go without AC. Cry me a river about how tough it is now.
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