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Posted on 8/10/18 at 9:34 am to TDcline
You forgot the single largest expense of all households: taxes
Taxes have grown at a far greater rate than any other of the costs you cite. In fact, except for housing I'd propose adjusted vehicle and consumer goods prices are lower today than they were in the 50/60s.
Taxes have grown at a far greater rate than any other of the costs you cite. In fact, except for housing I'd propose adjusted vehicle and consumer goods prices are lower today than they were in the 50/60s.
Posted on 8/10/18 at 9:35 am to TDcline
quote:
You’re correct in that. We’ll never see that quality of life in America again.
People wouldn't have the houses people lived in during those days. They wouldn't live the lifestyle.
Housing sizes have more than doubled.
Posted on 8/10/18 at 9:36 am to GoIrish02
quote:
You forgot the single largest expense of all households: taxes
Taxes are at a historically low rate. Go look at income tax rates between 1920 and 1980.
Posted on 8/10/18 at 9:37 am to LNCHBOX
quote:
ETA: Window sticker of an '08 F150 at over $50k
DUDE! That's Canadian DOLLARS. This couldn't have happened to a better poster.
Not sure of the exchange rate in 2008. But....
This post was edited on 8/10/18 at 9:45 am
Posted on 8/10/18 at 9:37 am to TDcline
quote:
but what good is it when companies are using it as an excuse to gouge everyone
Jesus..
Posted on 8/10/18 at 9:38 am to GoIrish02
Interest rates are incredibly low.
Posted on 8/10/18 at 9:39 am to mikelbr
quote:
Is that Canadian Dollars? Everything's in French.
Oh shite, probably
I'll adjust it to a proper one. Good catch.
Posted on 8/10/18 at 9:39 am to jwill37
quote:
this shite is outta control.
quote:
My parents built their dream home on a half acre lot for $350,000 in the mid 90's.
Without knowing the location of their home, I would expect that 350K home on 1/2 acre would now be close to 575,000 to build today.
I just built a house last year and it would cost me about 10% more to build that exact house again today.
Posted on 8/10/18 at 9:42 am to LNCHBOX
quote:
Oh shite, probably I'll adjust it to a proper one. Good catch.
Too late. I edited with the fricking exchange rate.
I mean 38k is still alot in 2008. But....
This post was edited on 8/10/18 at 9:43 am
Posted on 8/10/18 at 9:45 am to RogerTheShrubber
quote:
People wouldn't have the houses people lived in during those days. They wouldn't live the lifestyle.
Housing sizes have more than doubled
My grandfather raised a family of 4 in a 1400 sq ft house. They were solidly middle class. My dad is college educated and was fairly successful in his career. We lived in a 1600 sq ft home when we were growing up with a family of 5. Most people aren't willing to live like that anymore.
This post was edited on 8/10/18 at 9:59 am
Posted on 8/10/18 at 9:45 am to mikelbr
quote:
Too late
Never too late. 2008 King Ranch sticker here
Posted on 8/10/18 at 9:54 am to mikelbr
quote:
When you met your future wife, you used to give her
1. A Compliment
2. Casual dinner.
In return you would get night-long sex using 2-3 of her orifices.
5 years and a marriage license later, that SAME level of sex will run you
1. weekend vacation at a resort
2. a piece of jewelry
3. dinner that costs 3x's of one during courtship
4. months of your best behavior prior to vacation.
That's inflation.
Nice
Posted on 8/10/18 at 9:58 am to jwill37
This is really a poli board topic because today governments intentionally work to minimize the vast extent of government debt by monetizing the debt and printing more money. Thus, the value of the currency is reduced over time.
For example:
Go look at car advertisements from the late 1960s to the early 1970s -- you could get a new car for under $5,000.
For example:
Go look at car advertisements from the late 1960s to the early 1970s -- you could get a new car for under $5,000.
Posted on 8/10/18 at 9:58 am to jwill37
quote:
I can't think of a single thing that costs less today that I want or use etc and we should be more efficient at making things.
when VHS first came out, a home VHS player was $1000+ and was the size of a small dog
Posted on 8/10/18 at 9:59 am to Supermoto Tiger
quote:
2-3 of her orifices.
HAW! I feel sorry for you, man. Your girl has only three orifices.
Posted on 8/10/18 at 10:00 am to Champagne
quote:
For example:
Go look at car advertisements from the late 1960s to the early 1970s -- you could get a new car for under $5,000.
Should we also look at the average income from back then too?
Posted on 8/10/18 at 10:00 am to Champagne
quote:
This is really a poli board topic because today governments intentionally work to minimize the vast extent of government debt by monetizing the debt and printing more money. Thus, the value of the currency is reduced over time.
For example:
Go look at car advertisements from the late 1960s to the early 1970s -- you could get a new car for under $5,000.
This practice isn't new at all. It's being going on several hundred years.
Posted on 8/10/18 at 10:04 am to cgrand
My point which seems to be lost on everyone is that everything is spiraling out of control from a cost standpoint and what we make for what we do has not gone up at all for most professions. I know I don't have to buy a fully loaded F150 or build a nicer home; however if I wanted to it would cost me much more than my parents and I am not being paid more than someone doing the EXACT same job 25-30 years ago. In fact that person working 25 years ago in my position made more.
Posted on 8/10/18 at 10:04 am to jwill37
quote:
Maybe it's just me but this shite is outta control. I can't think of a single thing that costs less today
Televisions are insanely cheap now. Ditto for things like entry level laptops and such
Gas, not even adjusted for inflation is much cheaper today than it was 10 years ago. When you factor in the fact that the more expensive cars also are more fuel economical that helps level things out a bit.
High speed internet eliminates the need for costly cable bills
Lower cost cell phone plans exist now. I pay less for my cellular services now than I did 10 years ago and the quality of service has improved tremendously
Every smartphone has a very good GPS navigation system in it that's essentially free when those things used to cost a fortune
If you can't find anything that's cheaper you aren't looking very hard
Things like housing depend almost 100% on your local housing market
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