| ▲ | lp4v4n 6 hours ago | ||||||||||||||||||||||
>They lived in a house or apt with a third the sqft/person that was far more likely to catch fire and didn't have AC. But at least they could afford a house, right? I think a lot of people would accept living in a house without AC and more likely to catch fire. Is a house like that cheap today? No, right? It's crazy expensive as well. >If they had a car they most likely shared it. It was far less safe, didn't have AC, guzzled gas and polluted. Car technology in the past was worse, we know that. Cars were more affordable though. >Never ate out and spent a third of earnings on cheap grocery store staples. Like today then. >We're benefiting greatly from the increase in productivity. We just view our great-grandfather luxuries as our necessities. Young people are rotting at home unable to go ahead with their lives because wages nowadays are not enough to pay for a house and a family. Why do people try to deny this obvious reality? Productivity didn't benefit everyone equally and people in the past had more opportunities to build a life inside a standard that was socially acceptable. | |||||||||||||||||||||||
| ▲ | labcomputer 5 hours ago | parent | next [-] | ||||||||||||||||||||||
> Cars were more affordable though. Eehhhh... I really don't think that's true. First, adjusted for inflation, new car prices really aren't that different than they were 10-30-50-70 years ago. You have to compare like for like, no cheating comparing a modern luxury car to Ford Pinto. For example the cheapest car in 1970 cost about $2000, with no frills like a radio, passenger wing mirror or floor matts. That's equivalent to about $17000 today. A base Nissan Versa today starts at $18000, yet includes power windows and an A/C. Second, the maintenance requirements today are much, much lower than in the past. There's a whole list of expensive stuff you just don't have to think about with modern cars until long after those old cars would be at the junk yard (chassis lube, spark plugs, spark plug wires, carb and distributor, wheel bearings etc). That's a lot of labor you don't pay for, to say nothing of the parts! Third, despite being heavier, more convenient and safer, modern cars have lower fuel consumption. Coming back to our Pinto vs Versa example, the Versa gets at least 50% better fuel economy. Fourth, cars today just last longer. It used to be a minor miracle when a wasn't rusted out after 10 years or the engine still ran after 100k miles. Today, your car might be still under warranty at that point. > Why do people try to deny this obvious reality? Because it is not at all obvious that that is, in fact, reality. It doesn't help to complain about easily-disprovable things like the affordability of cars. | |||||||||||||||||||||||
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| ▲ | JamesBarney 4 hours ago | parent | prev | next [-] | ||||||||||||||||||||||
>But at least they could afford a house, right? I think a lot of people would accept living in a house without AC and more likely to catch fire. Is a house like that cheap today? No, right? It's crazy expensive as well. I don't know many people who would rather live in a house without climate control than an apartment. A house from 1936 with no improvements is worth very little. When purchasing a house like that you're mostly buying the land. > Car technology in the past was worse, we know that. Cars were more affordable though. Car ownership in 1936 was far below what it is today. > Like today then. No, groceries were far more expensive. You can buy far more gallons of milks, eggs, lbs of ground beef, or potatoes at today's prices with todays median wage than you could in 1936 on the 1936 median wage. We have records of how much people made, and the cost of basic staples. This isn't something you need to guess about you can just google it. > Young people are rotting at home unable to go ahead with their lives because wages nowadays are not enough to pay for a house and a family. Why do people try to deny this obvious reality? Productivity didn't benefit everyone equally and people in the past had more opportunities to build a life inside a standard that was socially acceptable. Because 100 years of data says that this is a difference in expectations vs people being poorer. Yeah housing is more expensive than it should be due to regulation but despite that people are still much better off. | |||||||||||||||||||||||
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| ▲ | krackers 6 hours ago | parent | prev [-] | ||||||||||||||||||||||
>more likely to catch fire >Is a house like that cheap today? No, right? It's crazy expensive as well. I assume by catch fire GP means electrical wiring? Many houses on market today are literally not remodeled since the 1940s so retain that original wiring. | |||||||||||||||||||||||