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Metropolitan DC Local Politics
Reply to "There is no housing crisis in MoCo or most of the DMV for that matter "
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[quote=Anonymous][quote=Anonymous]Context for this thread: [url]https://homebay.com/inflation-housing-market/[/url] "To understand just how expensive homes have become, let’s run through some comparisons on what our childhood homes would cost today. Spending $100,000 on a home in January 1990 would equate to spending $377,724 on a home today. For everyday living costs, $100,000 spent on goods and services in 1990 would require $231,081 to get the same amount of goods today. Spending $100,000 on a home in January 2020 would equate to spending $142,249 on a home today, while spending $100,000 on goods and services just three years ago would require $113,739 today."[/quote] This is useless without including wage info to compare. [/quote]
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