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To: Ciexyz
In 1956, you could buy a nice ranch house in the suburbs of Pittsburgh for $12,500.

And how long would an average worker have had to work in order to save that much money?

Regards,

16 posted on 04/06/2016 9:21:59 PM PDT by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: alexander_busek

Yep.

Price that house in ounces of gold or silver and the truth will be revealed.


20 posted on 04/06/2016 9:29:42 PM PDT by jjotto ("Ya could look it up!")
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To: alexander_busek; jjotto; Ciexyz

“And how long would an average worker have had to work in order to save that much money?”

The Median American income in 1956 was $3,600


33 posted on 04/06/2016 9:47:49 PM PDT by Pelham (A refusal to deport is defacto amnesty)
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To: alexander_busek
It used to be, mortgages ran for seven years.

Now you can get car payment plans that long!

48 posted on 04/06/2016 10:14:51 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: alexander_busek

“”In 1956, you could buy a nice ranch house in the suburbs of Pittsburgh for $12,500.”

And how long would an average worker have had to work in order to save that much money?”

Pay cash for everything, I always say!


59 posted on 04/07/2016 1:38:54 AM PDT by equaviator (There's nothing like the universe to bring you down to earth.)
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To: alexander_busek

“And how long would an average worker have had to work in order to save that much money?”

LOL with principal and interest, usually thirty years. :-P


71 posted on 04/07/2016 7:45:45 AM PDT by rhoda_penmark
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To: alexander_busek

They had this weird thing called home mortgages even back then


72 posted on 04/07/2016 8:01:36 AM PDT by wardaddy (is Cruz last name a coincidence or a blessing or is he the anti Christ?)
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