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ryanSrich 9 hours ago

The equivalent of about $20/hr today for those wondering

markus_zhang 9 hours ago | parent [-]

Housing is the ultimate decider so I’d say that’s equivalent to at least 50 bucks today.

andai 8 hours ago | parent | next [-]

Damn, never thought about it like that. That seems a lot more practical and relevant than the Big Mac Index.

markus_zhang 7 hours ago | parent [-]

Yeah I think housing is the real index. CPI doesn’t make sense for individuals unless you build your own index.

dasil003 4 hours ago | parent | next [-]

It'll never happen because it shines a light on uncomfortable facts that would risk far too much cognitive dissonance across the political spectrum. Please keep the discourse to identity politics, culture wars, the Epstein files, and large-scale, unprovoked acts of international warfare; those will all be much easier for us to talk about as a nation than what we should do about housing prices.

lotsofpulp 6 hours ago | parent | prev [-]

Housing (which is actually land in the school district you want to be in)

Healthcare

Education (not just for learning, but for signaling).

Everything else is inconsequential in my budget.

tunesmith 5 hours ago | parent | prev [-]

Not even close, not when all things are considered. $50/hour is 100k/year, which is still considered a decent salary. 24k/year in 2000-2002 was definitely not considered a decent salary. $12/hour for sw engineers was evil. I hung up on that recruiter and cursed for a while, cold-called my way to a transitional $20/hr job, and then finally landed somewhere at $55/hr which is when things started to feel normal again. $55/hr back then is not the same as $230/hr now.

markus_zhang 4 hours ago | parent [-]

I think when you go up from 55 to 230 it is different from 12 to 50. But yeah, somehow I thought that was 20, not 12...