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Reply to "What was your parents' anual income when you were growing up?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]$18k-$50k in the 1970's-1980's. PhD physicist working for the federal gov. Retired at a GS14. In suburban Boston, they bought the house we grew up in in 1970 for $35k. Same house is now $750k. My uncle bought a house for $35k in Iowa at the same time. That house is now worth $250k. [b]The incomes people are quoting mean nothing if they do not have a year and a region of the country tied to them. [/b] We were UMC. [/quote] +1 We moved to rural New England in 1970 where my father had a 20K job offer. Mom was a SAHM, it was plenty of money for a family. [/quote] +1 Isn't this obvious? Do people know nothing about economics? Wow.[/quote]
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