"Dennis Ferguson" wrote in message
...
Ryan, KC8PMX wrote:
Around here in this county I live in, home ownership is next to
impossible,
except for spending at least $75,000 or better. The average small 3
bedroom
house, no basement or garage (slab built) on a half to full acre runs *at
least* 75 grand or better. Go immediately outside of the county lines of
this county, and the similar/equivalent structure is anywhere from 25-50%
less. I guess it is something about Midland county I guess.

Adjusted for inflation, that's far LESS than I paid for a comparable house
outside of Seattle in 1974 except that it only had a standard size lot not
anything as luxurious as a half an acre.

So 1973/1974:
Engineers fresh out of college starting wage approximately $10,000
House cost approximately $35,000 in Seattle.

Now in 2003:
Engineers fresh out of college starting wage approximately $45,000
House quoted above comparable to the one in Seattle costing $75,000

Wages went up 4.5 times and comparable house just over twice as expensives.
Hmm yup houses cost more today relatively speaking.

Dee D. Flint, N8UZE