/biz/ - Business & Finance

>>18892204
Minimum wage of $1.25 in 1965 was equivalent 71 ounces of gold assuming 40 hr work weeks and two weeks unpaid time off. 71 ounces of gold is worth over $120,000 today. Government inflation statistics are damned lies. Standard of living has decreased drastically, inversely proportional to the growth of government.

>>18598757
It will be really interesting to see the condition of these houses in 40 years. Stuff in wealthy neighborhoods will be properly maintained, but i expect that in less well to do developments, it will take only a matter of a few short years of no maintenance or abandonment for those houses to deteriorate beyond salvation. Ive rehabbed a couple old victorians that where absolutely trashed far beyond that, yet were still recoverable because they built shit with stone and brick and massive lumber back in the day.

Ptchsssssssssssssssss