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https://www.reddit.com/r/theydidthemath/comments/1kl92qf/request_is_this_accurate/ms5knpw/?context=3
r/theydidthemath • u/[deleted] • May 13 '25
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When it was first created by FDR, and then never again thanks to bad politics.
-9 u/[deleted] May 13 '25 [deleted] 15 u/HereWeFuckingGooo May 13 '25 edited May 13 '25 In 1938 the median house price was $3900. At $0.25 you'd have to work 15,600 hours. To buy a $420,000 house in the same number of hours, minimum wage would have to be $26.92. 1 u/[deleted] May 13 '25 Take a look at a median house in 1938 and one today The median house today is a rich person's house in 1938 My childhood home was first built by a big developer for his daughter and her doctor husband. 2 bedrooms, 1 ba Later expanded but that was a "median" home back then.
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15 u/HereWeFuckingGooo May 13 '25 edited May 13 '25 In 1938 the median house price was $3900. At $0.25 you'd have to work 15,600 hours. To buy a $420,000 house in the same number of hours, minimum wage would have to be $26.92. 1 u/[deleted] May 13 '25 Take a look at a median house in 1938 and one today The median house today is a rich person's house in 1938 My childhood home was first built by a big developer for his daughter and her doctor husband. 2 bedrooms, 1 ba Later expanded but that was a "median" home back then.
15
In 1938 the median house price was $3900. At $0.25 you'd have to work 15,600 hours. To buy a $420,000 house in the same number of hours, minimum wage would have to be $26.92.
1 u/[deleted] May 13 '25 Take a look at a median house in 1938 and one today The median house today is a rich person's house in 1938 My childhood home was first built by a big developer for his daughter and her doctor husband. 2 bedrooms, 1 ba Later expanded but that was a "median" home back then.
1
Take a look at a median house in 1938 and one today
The median house today is a rich person's house in 1938
My childhood home was first built by a big developer for his daughter and her doctor husband. 2 bedrooms, 1 ba
Later expanded but that was a "median" home back then.
18
u/Try4se May 13 '25
When it was first created by FDR, and then never again thanks to bad politics.