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by DataDive
816 days ago
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Look up disposable income over the years, and you'll soon see that that "glory" era of the 70s may have been less rosy than you think The cheap housing of that era (even discounting the lead paint and asbestos-based insulation) might not be something you would want to live in today. Housing is more expensive because people value it more than in the past. They might value it more because housing is much better than in the past. That could be a simple explanation to what we observe. |
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