Buying Power Then Vs Now Site
The purchasing power of our dollar has declined by 87% since 1970
#RealEstate #HomeBuying #FinancialFacts #GenX #Millennials #GenZ Option 3: Quick Hits (Perfect for Stories/TikTok) Inflation check! ✅ Did you know?
Inflation-adjusted home prices have nearly doubled since 1990. buying power then vs now
What do you think? Was it easier then, or are we just facing different challenges now? 🧐
Back in , the average US home cost around $151,200 . In today's dollars, that’s roughly $354,858 . While wages have grown, they haven't always kept pace with the soaring cost of "big ticket" essentials like housing, education, and healthcare. The "Squeeze" Factors: The purchasing power of our dollar has declined
Median income rose from ~$14k in 1990 to ~$42k in 2023, but the home price-to-income ratio jumped from 8.7x to 10x.
Inflation is a natural part of growth, but it’s a reminder of why investing matters. Your cash needs to work as hard as you do just to stay in the same place! 📈 What do you think
#BuyingPower #Inflation #FinancialLiteracy #Budgeting #MoneyTalk Option 2: The "Homeownership Reality" (1990 vs Now)