this post was submitted on 29 Jun 2026
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$14K in 1960 was $167,000 by 2010.
Average salary of a worker in 1960 was $3,700.
I paid $320K for my house in 2002 , which peaked in value to $1.6M by 2022. That was insane, it's now worth $1.2 or less and headed downward.
It should be worth $600K. People took out HELOCs on houses now descending in value.
Yeah, the location was not one of those places with seriously insane housing appreciation. Small town in Ohio. 14X appreciation is still pretty good.