I’m actively searching for a house to buy - smaller than the one that what I grew up in - and while you’re right about people wanting more space, it does not matter. Homes are disproportionally more expensive than they were in the 80s
It’s the thing I use to hammer home the idea that our lives are dramatically worse than our parents. I could not dream of paying that mortgage but my mom could pay it as a single mother of two because they bought it in the 80s for 300k and engineer salaries allowed them to pay it.
I’m actively searching for a house to buy - smaller than the one that what I grew up in - and while you’re right about people wanting more space, it does not matter. Homes are disproportionally more expensive than they were in the 80s
The house I grew up in is now worth 1.4 million dollars.
I was going to include house much they sold it for a few years ago but I didn’t think it was a fair comparison because they added a second floor
It’s the thing I use to hammer home the idea that our lives are dramatically worse than our parents. I could not dream of paying that mortgage but my mom could pay it as a single mother of two because they bought it in the 80s for 300k and engineer salaries allowed them to pay it.