[RipSawyer]

“It costs more because our money has lost 60% of its value in the last 50 years.”

I think you are understating the case, I figure it’s far worse than that. Fifty years ago I was single, working for $110 a week, driving a new Mustang and partying like mad and still able to meet my obligations without problems. By my math sixty percent means you would need $275 a week to live that way now, not even remotely close to reality. Sixty percent sounds like the official version of events from the federal government which is disconnected from the real world. I would as soon believe figures quoted by Barack Obama.

[TexasGator]

“Sixty percent sounds like the official version of events from the federal government which is disconnected from the real world. I would as soon believe figures quoted by Barack Obama.”

You are letting your bias get in the way of facts. According to government figures, $110 in 1967 would be almost $800 today.

[dragnet2]

I know people today who pay in just 3-6 monthly mortgage payments, the equivalent of what my folks would have paid for the total cost of their first new home, which they bought on ONE income.☺

We've been had.