This is an automated archive made by the Lemmit Bot.

The original was posted on /r/nostupidquestions by /u/Ill_Card5269 on 2023-09-12 22:29:24.


So I keep seeing people talking on the internet saying that some 50 years ago, you could have bought a house or gotten a mortgage, by basically working a minimum wage job, and it got me curious was life actually cheap “back in the day” or is it something that is false?

  • J4m3sH4ck3r21@lemmy.one
    link
    fedilink
    arrow-up
    1
    ·
    1 year ago

    No it’s because wages haven’t kept up with inflation. The lesson is not that the past was cheap but the future, especially in the USA, is expensive.