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Because inflation?


Yep. Since the year 2000:

Median and average price of a home nationally is up about 50% (even worse in hot markets)

US Dollar is down about 50% against the Swiss Franc

US Dollar is down about 40% against the Canadian Dollar

US Dollar is down about 30% vs. the Euro

Gasoline is up over 200%

Oil is up ~350%

Gold is up 300%

Silver is up 300%

Cotton is up between 60% and 100%

Corn is up 100%

Average cost of a new car is up 40% to 50%

And so on

A $30k salary in 1990, is now roughly equivalent to $60k to $75k today. Six figures just doesn't buy anywhere near what it used to.


Yeah. I'm not an American but adjusted for inflation $100,000 in 1985 would be $221,508.36 today. That's pretty rich. You'd be in the top 5% with that.




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