Subject: Re: Berkshire and Tariffs
When I bought my first house in 1988, it cost me about 1.3 times my then annual salary. And it was a two family home of which I could rent out the right half.


A key issue has been that 30+ years ago most families were supported by a single income. Now with most being supported by two incomes; this unfortunately didn't make everyone "twice as rich"; it raised prices (homes being the most obvious). It is now very difficult for anyone to purchase a home on a single income.

tecmo
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