In 1950 it took 2.2 years of median income to buy a home, now it takes 7
13.4 hours of work to buy S&P 500 in 1950 vs 126 hours today
33 weeks of full time work to buy a car in 1950 vs 42 weeks today
377 hours of work to pay for a private college education versus 1,960 today
WE HAVE BEEN ROBBED
When will you cover the MBS scam of Fannie, Freddie, and Ginnie?
It’s sad how they devalued our currency and hid it from us for so long. It’s exciting that we now have a life raft to opt out with #bitcoin and outpace both the appreciation in housing and S&P
Also interesting when you add the average household max buying (mortgage) power adjusted by interest rates.
