[jpsb]

people owning their homes was not uncommon in the 60's, in fact it was a very common thing in New York where I lived. But as I recall $20,000 would buy a nice home, now what does it take $200,000 or more? Home ownership is up becuase the feds dropped interest rates to zero trying to get the country moving again after the dot com crash. Free money, you'd have to be crazy not to go for it.

I noticed you ignored my observation that it now takes 2 workers to support a family instead of the 1 in the 60/70's. I guess if we put the kids in sweat shops you'd consider that a gain in living standard too.

[Southack]

"Home ownership is up becuase..."

To my point that our standard of living is up, it doesn't matter why...it just matters that home onwership is up, which even you don't disagree.

[Southack]

"I noticed you ignored my observation that it now takes 2 workers to support a family instead of the 1 in the 60/70's."

Unless you don't think that being a stay at home mom or dad is a real job, we've always had two workers in every nuclear family.

Notice though that our standard of living is up is not in question. You are merely debating *how* we raised said standard of living now.