this post was submitted on 07 Apr 2024
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[โ€“] iopq 0 points 9 months ago (1 children)

Real wages are up since the 1960s

[โ€“] [email protected] 1 points 9 months ago

Let's be liberal and go with California's $20.00 minimum wage. Price of an average US home today is about $350,000. If a minimum wage worker lived with their parents and saved all their they could buy a house in about 9 years. The 1960's version could do it in about 5 years.

The actual price of the average home in California is over $750,000.00