You are viewing a single comment's thread. View all
13
WeedleTLiar on scored.co
5 days ago13 points(+0/-0/+13Score on mirror)
The ratio between the average cost of a house and the average yearly earnings is 5x what is was in the 80s. No matter what happened with inflation or the price of consoomer goods, it is *five times* more difficult to buy a house today than it was 40 years age.
Coincidentally, Boomers are all using their houses as financial vehicles for retirement instead of businesses. Go figure...
Coincidentally, Boomers are all using their houses as financial vehicles for retirement instead of businesses. Go figure...