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basschick · 08-20-2003, 03:35 PM

the world war 2 examples are not relevant.

when i was a kid, minimum wage was under $2 and we bought a house in a good neighborhood for $32,000. my father earned about $20,000 as an engineer.

now minimum wage is $6 and that house sold for well over $500,000. and that job my father had now pays about $60,000.

wages have tripled from when i was a kid but housing has gone up 10 times or more. my point? that in world war 2 housing was cheaper by comparison to wages by a radical amount. when housing was 20-25% of the average person's salary, it was a lot easier for citizens to tighten their belts and minimize their spending. now a lot of people pay 50% of their wages to housing, there isn't much left to cut.

08-20-2003, 03:35 PM
basschick Confirmed User Join Date: Jan 2001 Location: el lay, ca usa Posts: 2,540	the world war 2 examples are not relevant. when i was a kid, minimum wage was under $2 and we bought a house in a good neighborhood for $32,000. my father earned about $20,000 as an engineer. now minimum wage is $6 and that house sold for well over $500,000. and that job my father had now pays about $60,000. wages have tripled from when i was a kid but housing has gone up 10 times or more. my point? that in world war 2 housing was cheaper by comparison to wages by a radical amount. when housing was 20-25% of the average person's salary, it was a lot easier for citizens to tighten their belts and minimize their spending. now a lot of people pay 50% of their wages to housing, there isn't much left to cut. __________________ Got Gay and For Women Traffic?