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In reply to the discussion: What $10,990 bought in 1955.... [View all]krispos42
(49,445 posts)91. It's not "a" family, though, that's the issue.
It's millions of families.
What's the statistic? That if all 7 billion people on earth had a standard of living like the average American, we would need 4 more planets to cultivate and fish and mine and harvest and drill?
Something like that.
Besides, can they afford it? Aside from the whole "suckered in by bad mortgages and lying brokers" thing, the real cost of things like natural gas, coal, and fuel oil is not reflected in the unit price at delivery.
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"But what is the great bulk of advertising other than the stimulation of greed, envy and avarice?'
hfojvt
Feb 2012
#29
In other words, some people made foolish choices and suffered the consequences.
Johnny Rico
Feb 2012
#32
And in such cases (fraudulent lending & falsified documents) the lenders are at fault.
Johnny Rico
Feb 2012
#39
Let's assume for the sake of argument that you're entirely correct. What now?
Johnny Rico
Feb 2012
#92
And don't forget damn near the entire thing was built out of asbestos and painted with lead paint
NNN0LHI
Feb 2012
#2
I think he means one of those huge "window" AC units that can cool a house. nt
NutmegYankee
Feb 2012
#13
That's right. It wasn't illegal to beat your wife until the 80s I think.
proud2BlibKansan
Feb 2012
#52
i'm impressed with the central air - My parents bought a house in 1957 and one in 1962 - neither had
karynnj
Feb 2012
#65
That's $88,000 inflation adjusted. You can buy a new house right now for $50k in certain areas.
joshcryer
Feb 2012
#67
Last night I was reading a book by Frank Lloyd Wright that showed the price of some of his homes
Vinca
Feb 2012
#74
The adverage income in 1955 was $4137. today actually 2010 the average income was $46,362.
Synicus Maximus
Feb 2012
#90