Zeb 摆烂 @[email protected]

The early anomaly (picrel) was caused by the depression and world war. The late anomaly has been caused by the past two decades of war being waged against us by boomers and jews. That chunk of time in the middle was stable and normal. That's the world the boomers got to enjoy that they love to pretend was so austere. The average home price to income ratio in that era was about 4.095, using my own calculations. It's somewhere between 3.8775 and 4.3125 if anyone else wants to crunch some numbers. Anything you come up with is going to be far below the current ratio of 7.12.

Using the ratio from the sensible times when we were not a poor country, had easy access to good paying jobs, with rising generational wealth and growing life expectancy, with that ratio, that house should cost roughly 123k, new. I'm not talking about adjusting for inflation either.

I'm saying with the current median income of $83,730, and a home price to median income ration of 4.095, adjusted for proportional size, using the current average of 2000 sq ft, that house should cost 123k new.

Subtract from that 46 years of depreciation and account for the extensive repairs needed, and the house is now worth 70 thousand.