• favoredponcho@lemmy.zip
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    23 hours ago

    So, I do happen to know that they made some changes to the house including building a full size basketball court two levels underground. However, making $665,000 is not enough to afford an $5million dollar house.

    • LemmyKnowsBest@lemmy.world
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      1 day ago

      Read it again more closely. In 1990 in order for them to afford an $875,000 house, they would have needed an annual household income of $305,000 which is the 2025 equivalent of $665,000.

      • favoredponcho@lemmy.zip
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        10 hours ago

        Yeah, I know. I’m saying the new price is unaffordable for the new salary. Even for high salaries, the houses have out paced them.