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by jrockway
3410 days ago
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Yeah, I just want to temper people's expectations with the reality that the dollar is worth way less now than it was when people were establishing their intuition about it. My parents 2500 sq ft house that I grew up in was less than $200,000. These days, a studio apartment is one million dollars. (Not an apples to apples comparison, we lived in the suburbs of Chicago and my apartment pricing is for places like NYC and SF, but still... Chelsea Clinton can save an entire year's salary and not own a place to live. It sounds like a ton of money, but it's really not.) |
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