by TonyLiberty

Median salary in 1980 was 21k. Now it’s 57k.
1980 rent was 5.7% of income, now it’s 38.7% of income.
1980 median home price was 47,200, now it’s 416,100
A home was 2.25 years of salary. Now it’s 7.3 years of salary.
Independent thinking for complex markets and current events
by TonyLiberty

Median salary in 1980 was 21k. Now it’s 57k.
1980 rent was 5.7% of income, now it’s 38.7% of income.
1980 median home price was 47,200, now it’s 416,100
A home was 2.25 years of salary. Now it’s 7.3 years of salary.