Dee D. Flint wrote:
"N2EY" wrote in message
...
In article , Mike Coslo
writes:
As I recall reading a while back, in 1950, it took 14 percent of an
average workers income to put a roof over "his head". That may have
changed a little bit! 8^)
It changed big time. Same for medical and education costs.
However as noted in later in this same post for cars (now snipped), people
now demand more features in that house and more room in that house that was
common in 1950. So it's an apples to oranges comparison.
Well if we cant compare houses to houses because houses to houses is
apples to oranges..............
C'mon, Dee - there has to be *some* sort of comparison that can be
made! If my comments about people paying 50 percent or more of their
take home pay to put a roof over their head compared to 14 percent way
back when are irrelevant, and if people doing 30 year mortgages vs 10 or
15 year mortgages are irrelevant, than I guess you are saying that
buying a house in 1950 is the exact equivalent of buying one in 2003?
......but it isn't because it's an apples to oranges comparison?
- Mike KB3EIA -
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