My brother sent this to me. Our parents bought this home in 1964 for $13,000; it's in Long Beach, California; Los Angeles County. Our parents moved the family out of Los Angeles County in 1969. But look at this: This home sold for $640,000 in 2021. And today in 2023 it is worth $730,800. Incredible! It's all about location!
Median income of a family in 1964 was $6,600.00.
Which means that your house cost someone (most likely only 1 person had to work to earn this household income) two years salary.
Now median annual salary is $60,000. So that house now costs someone over 12 years salary. Even with 2 people working it would be over 6 years salary...but I love how boomers act like it's the same as it was before.
Kind of shows how F'd the country is now.
GOD FEARING, Thankful Old Carpenter, I stand for freedom our Republic. Took the oath to the Constitution, and will keep it! WWG1WGA!
I get But
Location is a Perception/Matrix elusion/ Controlled?
Give me a Cabin in the Woods and a View
What's that worth?
No Offence meant
😎
Imho
I stand with President Trump and patriots WW! #GodWins 🙏
You can get a shack in Canada for close to a million. 2/4 of my children will never be able to own their own house. Ever. 😔
Question everything! Expand love and remember to smile and laugh! In twitland @Iamhone15248095 (previously twitter.com/iammiele)
My thoughts exactly!
