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My Parent’s Housing Purchases

I've been reading about the cost of housing vs wages for different generations: Boomers vs Gen X and Millennials. So I asked my mother how much she and my Dad bought their homes for. I was really shocked. 1st home – 1971 – $40,000.00 3 bedroom, carport, single family home, single story, decent yard, nice suburban neighborhood 2nd home – 1973 – $43,000.00 3 bedroom, carport, single family home, single story, bigger yard, nicer neighborhood 3rd home – 1975 – $60,000.00 3 bedroom, 2 car garage, single family home, two story , much bigger yard, brand new construction, much nicer and larger bedrooms and dining and living room and den 4th home – 1991 – 120,000 3 bedroom, 1 car garage, 3 story, same sq feet as 3rd home different layout. My mother never worked during this period. They got by on my dad's income. They only rented the first…


I've been reading about the cost of housing vs wages for different generations: Boomers vs Gen X and Millennials. So I asked my mother how much she and my Dad bought their homes for. I was really shocked.

1st home – 1971 – $40,000.00
3 bedroom, carport, single family home, single story, decent yard, nice suburban neighborhood

2nd home – 1973 – $43,000.00
3 bedroom, carport, single family home, single story, bigger yard, nicer neighborhood

3rd home – 1975 – $60,000.00
3 bedroom, 2 car garage, single family home, two story , much bigger yard, brand new construction, much nicer and larger bedrooms and dining and living room and den

4th home – 1991 – 120,000
3 bedroom, 1 car garage, 3 story, same sq feet as 3rd home different layout.

My mother never worked during this period. They got by on my dad's income. They only rented the first 4 years of their marriage.

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