Originally posted by: Amused
Originally posted by: MagnusTheBrewer
The '50's era was indeed the "cookie cutter cheaply built tract home.," which is why I comapared it to "the super cheap, 2 x 4 constructed, drive by type of house"
The tract homes were subsidized by Uncle Sam and our house was purchased in 1960 for $10,000 which was my Dad's salary at the time. Also, in those years, only the head (read man) of the household worked outside the home typically so there really was no combined income.
I was trying to eliminate the quibling over what constitutes 'middle class' by making comparisons to living situations that hopefully many can identify with. I define 'working poor' as someone who does not own 'real' property and is within 2 paychecks of being on the street. Again, in my state, the 'working poor' are in the vast majority.
In general, quality of life has dropped significantly across the country within ONE generation. I believe the 'middle' class has gone the way of single wage earner families, i.e. none to speak of.
I disagree. Quality of life has greatly improved.
BTW, your father's salary was $64,000 in today's dollars. He made TWICE the average income in 1960, which was around $5000
Oh, and my parents paid $32,000 for a 2400 SF suburban house in 1962.
BTW, I will agree that 2 income families have caused housing prices to shoot up. But that's only because they were willing to pay more. The market will charge only what the market will bear. 2 incomes means the market will bear more.
So, in a way, you can blame women's lib for some of that.
But MANY things are far cheaper now as a % of income. Food is FAR cheaper (DRASTICALLY CHEAPER), appliances are cheaper, and so are cars. Not to mention all the gadgets the average person has now that they never had then.