From Fox:
This was the average cost of an American home in the decade you were born
1940
In 1940, without adjusting for inflation, the average cost of a home in the United States was $2,938, according to the United States Census Bureau.
The inflation-adjusted price in 2024 dollars would make that $64,372.84.
1950
In the span of 10 years, from 1940 to 1950, the average cost of a home jumped to $7,354, according to Census data.
That equals $93,602.08 today as adjusted for inflation, FRED reports.
1960
The average cost of a home jumped significantly in the early years, with the cost of homes finally surpassing $10,000.
In 1960, homes cost $11,900 or $123,320.18 when adjusted for inflation, the Census documented.
Once 1963 arrived, the average cost of a home hit $19,300, which equates to $193,470.52 in 2024.
1970
The ’70s showed an overall increase of nearly $50,000 from the beginning of the decade to the end, per FRED calculations.
Between 1970 and 1975, the average cost of a home jumped from $27,000 to $40,900 — which would be $213,457.27 and $233,195.38 in 2024, respectively.
1980
One of the biggest surges in home prices occurred in the 1980s, in terms of the numbers at the start of the decade compared to the numbers in the transition to the ’90s.
Over the course of 10 years, from the start of the decade to the end of it, the average cost of a home jumped from $73,600 to $151,200.
A house priced at $73,600 would cost $273,986.72 in 2024 — while dwellings listed for $151,200 would be $374,032.22 in 2024 due to inflation, FRED reports.
First!
First
Sloppy seconds
Parents paid about $44,000 late 70s and it’s a small home in Bergen County. No real updates, other than the illegal second bathroom built in the basement in the 1980s and a kitchen reno done about the same time. Some siding recently fell off, we quicky put it back up. Roof and windows were done in the 1990s too and the heating system finally died after 50 years and was replaced recently.
All yours now for $500,000.
Prison or walk?
LA plastic surgeon’s socialite wife ‘was CHEATING on husband with former Dodgers star she was chasing, when she struck and killed two young brothers with her Mercedes at 81mph after boozy lovers’ lunch’
During the preliminary hearing, The LA Times reported, he testified that he calculated Grossman was driving 71.7 mph when she struck the boys and that the car computer showed 73 mph.
He said 11-year-old Mark was thrown 254 feet – the farthest he has known a human to be tossed in a crash.
Another deputy, Rafael Mejia, testified he had found Grossman a third of a mile away from the crash.
She had pulled over, and was saying she did not know why her airbag had been triggered.
…while dwellings listed for $151,200 would be $374,032.22 in 2024…
374K? Paterson? Newark?
So, is she a liar? She make up a story? A Jury believed her. Only evidence is a photograph they were both in the same place? Trump defending himself makes him a criminal?
DID THIS HAPPEN AT ALL?
Trump accuser E. Jean Carroll is set to take stand today in NYC trial as she seeks more than $10M in damages after jury found him liable for sexually assaulting and defaming her using ‘the world’s biggest microphone’
Prior to Carroll’s appearance, Trump slammed the writer in various posts on TruthSocial alleging that he was the victim on an extortion plot
But Carroll, an advice columnist and magazine writer, has said that Trump harmed her deeply. First, she claims, he forced himself on her in a dressing room after a chance meeting at a luxury department store in 1996.
Then he publicly impugned her honesty, her motives and even her sanity after she told the story publicly in a 2019 memoir.
‘He called me a liar repeatedly, and it really has decimated my reputation. I am a journalist. The one thing I have to have is the trust of the readers,’ she testified in April at the first trial. ‘I am no longer believed.’
A bedroom on each floor (theoretically) and a kitchen I cannot figure out. Security features are your responsibility. All yours for 350K. Timmy and Megan won’t be going to the public schools, though. I mean, they can but they’ll have no lunch money and medical bills add up quickly. We don’t want family services coming in and asking why Timmy and Megan have so many bruises.
https://www.trulia.com/home/164-166-e-31st-st-paterson-nj-07514-39767343
90k per month. Beats my career.
A young mum was left feeling guilty and betrayed after finding out she was having an ‘accidental’ online affair with her best friend’s husband.
Honeyy Brooks was ‘gutted’ to discover one of her anonymous subscribers on social media was in fact married to her friend – and she had met him in person several times.
The man subscribed to her adults-only page six months ago and spent thousands of dollars on her exclusive content, even signing up to her $3,700-a-week ‘girlfriend package’.
Honeyy makes up to $90,000 a month on OnlyFans, so thought nothing of it when she got another big-spender subscriber six months ago.
Fast: But it is close to Bergen Co, just saying.
Phoenix: 90k a month? Are some men that desperate??
See, this house is presentable because it’s neat, clean and tidy. If you’re going to present the place and you have a cluttered and dirty hovel that smells like wet dog, you need to be slapped repeatedly and the price needs to be immediately reduced by 25%.
https://www.trulia.com/home/103-dundee-ave-paterson-nj-07503-39766661
3b,
You and I both know that a Bergen County residence is strictly for the privileged class. And, it’s the only county in the nation where children can play with the unicorns.
Fast: It’s a magical, mythical place, and people will do anything to be part of it.
I heard an ab0rtion joke the other day that I know liberals will love! This one definitely needs to be told at the DNC convention.
“Knock-knock
Who’s there?
You’ll never know!”
Ten 411
Retail sales higher than expected in December. Cash or credit?
Fast
That Paterson house is also green.’has no grass to mow.
Beer,
A green house can be marketed as part of the Green New Deal. It’s got a lesser carbon foot print than a red house. The house tour guides need to mention it. And, there’s a BMW in the driveway so it’s in a more exclusive, prestigious part of Paterson!
Americans are increasingly leaning on their credit cards.
Altogether, card balances now total $1.10 trillion, according to the latest quarterly report from the Federal Reserve Bank of New York, a new record.
“Over the past two years, Americans’ credit card balances have skyrocketed 40%,” said Ted Rossman, senior industry analyst at Bankrate. “We are seeing pockets of trouble at the household level,” Rossman said.
More cardholders are carrying debt from month to month and fewer are able to pay off their balances in full, according to a separate report by Bankrate.com. Nearly half, or 49%, of credit card holders carry debt from month to month on at least one card, up from 46% last year, the report found, and 56 million cardholders have been in debt for at least a year.
“The current environment is tough,” Rossman said. “Although inflation has eased, there’s a cumulative effect there.” This may also be a consequence of “shifts in lending, overextension, or deeper economic distress associated with higher borrowing costs and price pressures,” Fed researchers noted in a blog post.
Not only can carrying a balance lower your credit score, but sky-high annual percentage rates also make revolving debt a particularly hard cycle to break. The average credit card rate is now more than 20%, on average — an all-time high — after rising at the steepest annual pace ever, in step with the Federal Reserve’s interest rate hike cycle.
“Most cardholders’ rates have risen five-and-a-quarter percentage points during that span as a result of the Fed’s rate hikes meant to combat inflation,” Rossman said. “It’s no wonder, then, that we’re seeing more people carrying more debt for longer periods of time.”
Even though Fed officials indicated as many as three cuts coming this year, credit card APRs aren’t likely to improve much.
“I don’t think that’s going to bring a lot of relief,” Rossman added.
At 20.74%, if you made minimum payments toward the average credit card balance — which is $6,088, according to Transunion — it would take you more than 17 years to pay off the debt and cost you more than $9,072 in interest, Bankrate calculated.
“The minimum payment math is just brutal,” Rossman said.
Thank goodness we have the Inflation Seduction Act to help us!
“90k a month? Are some men that desperate??”
Ever hear the old saying- “if it flys, floats, or f#%ks, you’re better off renting”. ;)
Fast: So now CC balances are over one trillion! Party on!!
3b
https://youtu.be/ZbG05ePWRQE?t=317
3b says:
January 17, 2024 at 11:10 am
Fast: So now CC balances are over one trillion! Party on!!
Medical bills are expensive.
Phoenix: I guess some women have a problem with short men too!
3b says:
January 17, 2024 at 11:30 am
Phoenix: I guess some women have a problem with short men too!
Shallow creatures.
Picky shallow creatures.
3b,
What until you see the CC debt balance at the end of Q1, 2024. Rock N Roll, the partay is just getting started. Everyone must eat…. a pot gummy! Wait until the summer of 2025 when ‘shrooms are all the rage! We got psilocybin, weed, alcohol, gambling and who knows what’s next to dull the senses! When does the red light district get approved? Think of the tax dollars it will generate!! Madone a Mia! After all, it’s for the children!
Fast: It’s about time the oldest profession is legalized. A little afternoon delight in the suburbs. We don’t need to additional tax revenues for the children though, as the birth rate is declining. Towns can spend the money on other things!
Towns can spend the money on other things!
Bike paths, George Floyd memorials, CRT text books and Pride celebrations?
November 6th, 2024 – 2:16 AM, MSNBC projects…
Omg, can you imagine the entertainment value of listening to the muppets on MSNBC if Trump wins? Lol.
Phoenix says:
January 17, 2024 at 11:46 am
3b says:
January 17, 2024 at 11:30 am
Phoenix: I guess some women have a problem with short men too!
Shallow creatures.
Picky shallow creatures.
https://www.youtube.com/watch?v=T3W4ZOlA08g
NJ rightwingers don’t like the south, but Kentucky is making efforts to attract them:
A Kentucky Republican has introduced legislation that would amend the state’s law so a person who had sex with their first cousin would no longer be criminally liable for incest.
House Bill 269, which state Representative Nick Wilson sponsored, was introduced on January 16 to the House Committee on Committees.
According to the Kentucky General Assembly website, it would strike “first cousin from the list of familial relationships” defined as unlawful incest in the state. The amendment would also reduce the designation of incest by contact to a Class D felony for some cases “unless it is committed with a person who is less than twelve years of age,” in which case it is Class C.
So why do you care?
Fast Eddie says:
January 17, 2024 at 10:51 am
Americans are increasingly leaning on their credit cards.
“Americans are increasingly leaning on their credit cards.”
1) Online purchases are increasing, and most online sales are via credit card;
2) Real wages are now higher than they were pre-pandemic (2019), so it’s not surprising that people who make more money are also spending more;
3) It looks like we’re back to the debt trendline that started in 2014:
https://www.statista.com/statistics/245405/total-credit-card-debt-in-the-united-states/
Nothing there looks like anything to get too excited about…
Chifi,
Thanks for the note yesterday on criminal Landocalrissian. The likely single mom naming him probably didn’t realize that was both a first and last name in the movie.
Reminds me of a racist joke I heard once about the kid named Nosmo King because the mom saw it on a sign on the wall of the hospital.
One name that’s really not catching on is “Rey” despite being the lead character of the thrillingly craptastic DisneyDEIified StarWars movies. Rey was a boring Mary Sue and despite supposedly inspiring girls around the world that some day they can help make a once great movie series suck, very, very few want to name their daughters Rey. In contrast to “Luke” leaping up the name charts in the early 80s for obvious reasons.
So why do you care?
Why do you care that I care?
OC1 It’s all fine until it’s not. As for making more and spending more, they are just charging more, so they have more money to pay more minimum monthly payments.
VSG,
Why do you care about Kentucky cousin-sex? You some sort of eugenicist?
Thanks to NJ’s wonderfully progressive politicians, NJ residents have no need to relocate to Kentucky to enjoy their incest, according to this article:
“There are only two states in the county that have made incest legal, Rhode Island and New Jersey, where incest between adults is permitted. ”
Thus VSG you need to change your tune and recognize that in NJ, incest, pot and shrooms are fine, but grocery bags and self-service gas are crimes against humanity.
The article also points out that the politician VSG attempts to ridicule actually acknowledged the mistaken wording, and corrected it.
https://www.dailymail.co.uk/news/article-12974921/kentucky-incest-nick-wilson-survivor-law.html
OC1 says:
January 17, 2024 at 3:14 pm
“Americans are increasingly leaning on their credit cards.” Nothing there looks like anything to get too excited about…
Not if you’re a Dem stooge like OC or Flab. In that case, you simply see this as another bailout/vote-buying opportunity for BailoutBiden and the rest of the incompetent Dems. They’d never get elected if they had to run on their accomplishments so vote-buying via bailouts is the way to go. Under water mortgages, student loans, cash-for-clunkers…why not credit cards?
VSG
Are you now going to hold your next family reunion in Kentucky?
OC1 says:
January 17, 2024 at 3:14 pm
“Americans are increasingly leaning on their credit cards.” Nothing there looks like anything to get too excited about…
Not like our last two presidents cared about it either as they both jacked off to putting more and more debt on the Government credit card.
Actually, there are 3. But the other two are civilized enough that they feel their “people” are educated enough to pump their own gas. Hehe.
Rhode Island, Ohio, and New Jersey are the only three states in the United States where incest is legal, with Ohio’s exception of only criminalizing sexual relations with a parent. However, neither state allows close relatives to marry. Also, this situation only applies to consenting adults.
I’ll have a go at it. I’ll take VP shunt for 1000 Alex.
https://www.dailymail.co.uk/health/article-12974437/Kate-Middletons-health-history-revealed.html
“OC1 It’s all fine until it’s not.”
Unemployment is near historic lows.
Real wages are up vs pre-pandemic across the board, with the biggest gains going to the lower half of the income scale (so income inequality has dropped).
Inflation is way down, and getting so close to fed targets that everyone is expecting rate cuts soon.
Manufacturers are moving back to the US.
US oil production hit an all-time high in 2023, and the US is now the worlds leading oil producer.
These are all GOOD things.
You guys are pessimistics, but the USA is doing really well!
Of course things aren’t perfect (but they never have been).
It must be all of those people crossing the border, THEN running up their credit cards. Fentanyl is good money.
OC1,
Yes. It’s why I am so bullish. The only real headwind is debt and that’s always been there.
Hehe. All in the Family.
North Carolina police chief is fired after repeatedly asking captain’s wife for NUDE photos
A North Carolina police chief was fired for asking a colleague’s wife for topless pictures
Jonathan ‘Jon’ Clark, 42, had asked captain Chad Wilson’s wife for the explicit photos over Snapchat
Wilson showed screenshots to the town manager and Clark was terminated from his role
They must have been stellar.
Hehe.
Blinken stuck at the Bilderberg Meeting. Hehe
Antony Blinken is STRANDED in Davos as his government Boeing 737 is deemed unsafe over oxygen leak in latest catastrophe for manufacturer after its market value lost $30B
Blinken awaited backup jet after issue with his military Boeing 737 in Davos
Mind your own business. You maga live with too much envy of others.
Fast Eddie says:
January 17, 2024 at 3:27 pm
So why do you care?
Why do you care that I care
Lib: The debt is far greater now than it was in the past. I may be too pessimist, but I would respectfully say you are too optimistic.
Very: Why would one be jealous of people with big credit card balances?
This building can hold a bunch of immigrants. Just give it to them, Blackstone doesn’t need the money.
Commercial real estate implosion: Blackstone is desperately trying to shift Manhattan office tower at HALF price after 26-storey building’s value tumbled from $605MILLION to $150MILLION
Hey Lib,
This one is for you and you only, your favorite:
https://youtu.be/SnAhWHv9TM8?t=1083
Oops
Teslas aren’t charging in the cold.
https://finance.yahoo.com/news/chicago-area-tesla-charging-stations-024817227.html
Chi was at Sportika in Manalapan this evening. Expensive night $1000 for the soccer training sessions. To spread out the costs we brought every team we could find with their parents to the training to split the cost.
If only I could find a few acres to build a dome complex further north….I think some county or state land would be perfect…. I should write out governor he is part owner of that women’s soccer team in NJ…..
Phoenix – re “implosion” NO WORRIES. The bond folks say all that commercial space is backed with the highest rated commercial paper all nicely sliced and diced into tranches to spread the risk far and wide as China.
Look out for who retires first…
Jamie Dimon off script at Davos? NFW This guy writes it with 3 Trillion AUM.
He feels it’s now safe to speak out against woke and the left, based upon his latest comment about immigration and other things folks.
Make no mistake this is not good for Joe Biden.
She needed to tell the world. According to her it is such an important thing to know. I wanted to make sure none of your missed this woman’s important broadcast as she feels it’s important that you get the message. It’s really life altering.
Now back to the regularly scheduled program. Hehe.
Jane Seymour revealed that her sex life with boyfriend John Zambetti is better than ever.
The Dr. Quinn, Medicine Woman star gushed that she is having the most ‘passionate’ sex of her life at 72, in an essay for Cosmopolitan’s ‘Sex After 60’ digital issue, published on Wednesday.
‘Sex right now is more wonderful and passionate than anything I ever remember because it is built on trust, love, and experience,’ the star, who has been married four times, wrote.
Juice Box says:
January 17, 2024 at 11:01 pm
Jamie Dimon off script.
I listened to him. Talking about “respect.” What a joke.
F him. He hates the middle class. Guy is such a Massengill he should own the company, probably does.
Joe Biden is a walking Q-Tip. The fact that he even exists in that capacity is proof America is truly a corrupt regime.
I love this part. It really hits home. Hehe.
https://youtu.be/QZcLuT3RasA?t=51