ThatOtherGuy_CA t1_j9fedgc wrote
Reply to comment by csaw79 in Firms stick to four-day week after trial ends by blitz9999
Could probably buy a nice house on that wage still.
When my grandma found out how much money I was making in my 20s she thought it was ridiculous, because Grandpa and her only made $2 an hour! While I was making $50.
Meanwhile I couldn’t qualify for a mortgage. While their first house was like $10,000 lol.
Punk_Says_Fuck_You t1_j9fs7fn wrote
$50 a hour in your 20s? That’s more than the average American makes. You probably got denied a loan because you had no credit.
ThatOtherGuy_CA t1_j9gjna2 wrote
well ya, I was like 23, nobody has much credit history at that age. So they required a 20% down payment, and when cheap peace of shit houses are 400K, it’s hard to just come up with 80K+ out of thin air, while also having to pay rent. Which wasn’t cheap since I needed a place with a garage to store my work equipment, which eliminates all the affordable rentals.
Honestly would have been further ahead making $35/hr with a cheap apartment, lmao.
[deleted] t1_j9h3rta wrote
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ThatOtherGuy_CA t1_j9h5vvx wrote
Ya, back when lumber mill wages were $4.25 an hour. Because houses were less than a tenth of a cost they are today. Keep up.
Rizzle630 t1_j9hp53v wrote
Wait you need an education on how cheap houses were back then compared to salaries? Houses were the cost of ONE YEARS SALARY back then. Yes that 4.25 an hour genius.
torpedoguy t1_j9g9poh wrote
Yeah, her 2$ was probably equivalent to you making around 20$, except at the same time a house worth 18k in 1953 would have been about 377k today if housing had kept 'as low' as inflation.
Instead it's more like the little hut with almost no yard worth 6k then is what's costing 350k today... And all the services have exploded as well.
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