In this thread, we blame capitalism for the government-backed policy of inflation that steals purchasing power / savings from our citizens.
The irony is so delicious, I skipped breakfast to have some more.
In this thread, we blame capitalism for the government-backed policy of inflation that steals purchasing power / savings from our citizens.
The irony is so delicious, I skipped breakfast to have some more.
1960
Median household income: $5,620
Median home price: $11,900
Home price / income = 211 percent
Today
average median income today $50,964
average cost of a house - $244,792
Home price / income = 480 percent
You were saying? Oh yeah... it's all about a TV
http://i.usatoday.net/news/graphics/housing_prices/home_prices.pdf
thanks for making my point. The 2 bedroom one bath home is no longer the average, what we have now is the McMansion, at least three bedrooms 2.5 bath with garage, HVAC, etc.
I can buy such a house TODAY for 60K in Colorado, and LESS in other areas, soooo that kinda shoots yourself right in the ass....
Its happening today and has been for a long time. We deregulated the financial serves industry and then at the same time said money was free speech... so they bought our elected officials elections.
Hows the coffee smell?
zillow.com dont sprain anything
here-
http://www.zillow.com/homedetails/36...13738942_zpid/