monkey1371

MSD Survivor Parent, trying to remain positive in a world where the truly stupid are gaining more and more power.

[monkey1371 @monkey1371]

@BigOShow Took my wife so see him in the 90’s. Voice was pretty shot then. He was already doing the hold the mic out to the crowd during any kind of tough note trick.

Can’t imagine how bad his shows must be 30 years later…

[monkey1371 @monkey1371]

@lotdoftheswords @interesting_aIl So how was this different than when Trump did it?

[monkey1371 @monkey1371]

@Econymous_1 @Badopinions4 @InternetH0F In short…completely wrong.

In 2026 you have to compete with 50% of the population over only 20% of housing that is priced at 1980 equivalent pricing so you have to pay far more due to lack of inventory.

And you have to buy a used car instead of a new car in 1980.

[monkey1371 @monkey1371]

@Econymous_1 @Badopinions4 @InternetH0F Thank you for making my point for me.

So for a new car in 1980, the same purchasing power only gets you a 3 year old lesser model.

[monkey1371 @monkey1371]

@Badopinions4 @Econymous_1 @InternetH0F And I am using 1980 when inflation was rampant..

Go back to 1970 average income adjusted for inflation was $77,000, so no growth in real time income.

Average housing adjusted was
$165,000

Housing was literally just over 2x income, now it is over 5x income, massive increase

[monkey1371 @monkey1371]

@Badopinions4 @Econymous_1 @InternetH0F He vastly underestimates the housing cost increase.

$77k median income can afford a $220k house based on financial calculators.

But only about 15%-20% of the nationwide inventory is priced at $220k or less.

So 50% of population is fighting for 20% of the inventory

[monkey1371 @monkey1371]

@Bucket_WFTFan @emkenobi @PantherNoTiger The pool that has 24/7 video surveillance,patrolled by police & the national guard is constantly being vandalized by people scraping the bottom.

You realize how truly big the reflection pool is & the amount of people needed to cause that damage, apply some critical thinking.

[monkey1371 @monkey1371]

@Econymous_1 @Badopinions4 @InternetH0F Specifically what?
I am giving you example after example.

Not in home, barely in cars, a little in gas. Not in electric bills.

Specifically where are all these savings that can cover the home cost increase and the exponential increase in health insurance costs?

[monkey1371 @monkey1371]

@Econymous_1 @Badopinions4 @InternetH0F That’s is not the point, the point is what a cheap car in 1980 cost versus today for comparison.

You should understand that for 🍎 to 🍎 comparison….

[monkey1371 @monkey1371]

@Econymous_1 @Badopinions4 @InternetH0F Plus the 900% increase in health insurance more than erases any other drops in other expenses.

Electric bill $130 (adjusted in 1980)….$62 today.

[monkey1371 @monkey1371]

@Econymous_1 @Badopinions4 @InternetH0F Again as I stated, income has out paced inflation by about 40%

But housing for USA has risen from $250k adjusted in for inflation to $403k….that is 60%.

Housing cost (the biggest expense) is outpacing income 60% to 40%.

[monkey1371 @monkey1371]

@Econymous_1 @Badopinions4 @InternetH0F Gas in 1980 adjusted for inflation gas would be $3.46 a gallon.

Today it is $3.97….but it was $2.91 before the Iran war.

So say on average $.50 less a gallon, that saves the average person about $50 a month over 1980.

So some savings there

[monkey1371 @monkey1371]

@Econymous_1 @Badopinions4 @InternetH0F Average cost of a Toyota Corolla (low end cheap car) in 1980 was $17500 when adjusted for inflation.

Lowest trim corolla is $23k today…that is 30%+ above inflation.

No real savings on that major expense

[monkey1371 @monkey1371]

@EternalSupreme @Econymous_1 @Badopinions4 @InternetH0F Yeah wife and I in our mid to late 50’s, run our own small business and our 23 year old daughter is also on it.

[monkey1371 @monkey1371]

@Econymous_1 @Badopinions4 @InternetH0F So affordability per square foot is not a good measurement, median home price is a far better measurement.

[monkey1371 @monkey1371]

@Econymous_1 @Badopinions4 @InternetH0F Also what is the inventory of homes by square foot. While price per square foot may be similar the inventory of smaller homes has not scaled up with population growth. The amount of larger footprint homes, Median size has grown from 963 to 2, 100 sq ft. Far higher price points