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[–] 2 points 4 months ago (1 child)

$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.

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