Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Igel

(37,567 posts)
12. And my parents' 3-bedroom house in '63
Tue Apr 14, 2026, 05:41 PM
Tuesday

cost $20,000. They each made--good union jobs--a bit less than $2k each in the '50s. With promotions, inflation, pay hikes above the cost of living (again, union jobs) and with overtime (at time and a half, double time, and from time to time triple time), by the time the steel mill went out of business their paychecks were over $80k in the mid-80s. A bit richer than their pay in the '50s, compared to the rest of the community, but their '50s pay wasn't just pegged at median, either.

Housing's exceeded the 'inflation' index for the last 20 years by a fairly wide margin. Esp. in some areas.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»This message was self-del...»Reply #12