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Author Topic: Housing affordability comparison  (Read 2343 times)

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Offline Ladislaus

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Re: Housing affordability comparison
« Reply #1 on: August 06, 2026, 01:41:28 PM »
That's all by design, as they try to destroy the Middle Class and the family.

So the Plutocracy benefit from the national debt, enrich themselves all the more off of it ... own companies that get huge government contracts, get super rich, etc., but the national debt causes the inflation.  Now, while the wealthy are also subject to inflation, it barely affects them, since a 20% increase in the price of food or gas etc. can't come close to offsetting the gains they made via their corruption, vs. these same percentage of increase can wipe out the Middle Class (whereas the poor are already a welfare class to begin with, so their status doesn't change much).  And of course most larger families came from the Middle Class, so the true target are families.  Wives / Mothers need to get second jobs due to the inflation, just so the family can get by, leaving the children to daycare (if they can afford it) or, causing them to have fewer children (if any) ... leading to the rise of DINC "family" units.


Re: Housing affordability comparison
« Reply #2 on: August 08, 2026, 11:46:09 AM »
https://www.reddit.com/r/AusPropertyChat/comments/1vf6wvy/affordability_comparison_of_buying_a_one_bedroom/

Big difference just 30 years ago.
I was actually just thinking about this sort of thing recently...

When I was growing up minimum wage was about $7 and a 3 bedroom house cost about $40,000.  Minimum wage is now around $14 and a 3 bedroom house is $400,000 in the same area.

That means that wages have only doubled but the price of things have increased 10 times!  No wonder most families have a hard time making ends meet...  :mad:

And then it also hit me how people who do get paid more (let's say around $30-$35 hr) and make around $100k a year only get $60,000 a year after taxes and insurance are taken out!  Now the families I know in this situation have several children and get some tax credits back but still....  😬



Re: Housing affordability comparison
« Reply #3 on: August 08, 2026, 02:33:22 PM »
I was actually just thinking about this sort of thing recently...

When I was growing up minimum wage was about $7 and a 3 bedroom house cost about $40,000.  Minimum wage is now around $14 and a 3 bedroom house is $400,000 in the same area.

That means that wages have only doubled but the price of things have increased 10 times!  No wonder most families have a hard time making ends meet...  :mad:

And then it also hit me how people who do get paid more (let's say around $30-$35 hr) and make around $100k a year only get $60,000 a year after taxes and insurance are taken out!  Now the families I know in this situation have several children and get some tax credits back but still....  😬
This is almost my story exactly. My parents bought their first home for about $39,000. It was 3 bedrooms, in a nice White neighborhood, all wood floors, real plaster walls, full basement, 2 car garage. I loved that house. Similar homes in the same area are in the $350,000 range. 
People hear the word inflation throughout their entire lives but have only the most vague understanding or none at all regarding its causes. The same is true for institutions like the Federal Reserve. 
Looking back upon nearly every government policy since WWII has had the effect of: less money for you, less safety for you, less of YOU

Re: Housing affordability comparison
« Reply #4 on: August 08, 2026, 03:10:41 PM »
This is almost my story exactly. My parents bought their first home for about $39,000. It was 3 bedrooms, in a nice White neighborhood, all wood floors, real plaster walls, full basement, 2 car garage. I loved that house. Similar homes in the same area are in the $350,000 range.
People hear the word inflation throughout their entire lives but have only the most vague understanding or none at all regarding its causes. The same is true for institutions like the Federal Reserve.
Looking back upon nearly every government policy since WWII has had the effect of: less money for you, less safety for you, less of YOU
My friend in his 70's just lost hundreds of dollars because he had a small leak in his big propane tank over the last several months. He has also tried to protest his property tax hikes the last few years. He says owning a house is overrated and discourages me from getting one. He wants to be a weirdo like me and live in a van down by the river. No housing payments, no responsibilities, no getting fleeced by the SOS.