Joanna
Leigh Meyers wrote:
>Joanna wrote
>
>How come, when my dad bought a house in the middle of LA in 1971, for
>$26,000, it represented about 1.5 times his salary as a unionized
>billing clerk (Teamsters); but, if I wanted to by a comparable house in
>the bay area today at about 500,000, I would be paying five times my
>annual salary as a bleeding edge/hi tech/ tech writer?
>
>Genuinely curious,
>
>Joanna
>
>======
>
>Perhaps the purchasing power of the dollar is that much less than 1971?
>
>L
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