My parents bought our home in 1970 for $15k in SoCal. It was not fancy. I

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Apr 15, 2023
8:18:03pm

88Coug 3rd String

My parents bought our home in 1970 for $15k in SoCal. It was not fancy. I

bought my first house in 1998 for $150k with a 6.875% mortgage . It was new and much bigger than parents' home.

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88Coug

Bio page: 88Coug
Joined: Jun 14, 2010
Last login: Sep 20, 2024
Total posts: 704 (0 FO)

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Messages

Author

Time

Sometimes we complain about prices not taking all inflation factors into account

Nat Gas Man

4/15/23 7:50pm

I don’t think that was very much for a house in 1971. My parents paid $30,000 for their house in 1962

JOPE

4/15/23 8:02pm

This was a nice house though

JOPE

4/15/23 8:05pm

My parents bought our home in 1970 for $15k in SoCal. It was not fancy. I

88Coug

4/15/23 8:18pm

My parents paid $21K for a 4bed, 2ba brand new home in 1966 in San Antonio.

StarMan

4/15/23 8:31pm

Would you be willing to buy a newly built 1970s home in terms of lot size, house size, number of rooms without

DJROSS

4/15/23 8:56pm

Show me a newly built home that fits that description.

tarzan15

4/15/23 9:35pm

Exactly. Builders build to expections. People want this.

DJROSS

4/15/23 9:41pm

So you can’t show me an actual example of what you’re expecting a first time

tarzan15

4/15/23 10:35pm

Because people won’t buy it. That’s why it doesn’t exist

RevolutionDeathsquad

4/15/23 11:02pm

Condos definitely exist. They don’t cost 1.25x the median salary, either.

tarzan15

4/16/23 9:42am

RE: So you can’t show me an actual example of what you’re expecting

4/16/23 7:31am

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