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A global housing crisis is suffocating the middle class
(english.elpais.com)
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this post was submitted on 30 Sep 2024
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I’d love to try an experiment to see what it would cost to build a simple home to 1950s median norms and 1950s building codes, with no modern appurtenances like internet service and smoke detectors. One electrical outlet per room, small windows, no irrigation in the yard, just a hose. Plain telephone service to one jack. Rabbit ears for TV only. No microwave or dishwasher and only clotheslines for drying laundry. Middle of nowhere town with one store and a highway going by. How much would that actually cost?
I’m sure it would still cost more now because of materials, and there really isn’t a way to get around building codes. But the living one could achieve with a simple job, back then, was definitely simpler than what people consider a typical life now. I don’t really have a point here - I’m just wondering how big the cost gap would really be at the exact same living standard as yesteryear.
Unless you're trying to say that all the advances made since 1960 are a direct result of inflation, nothing you posit makes any sense.
I mainly asked questions, positing only that lifestyle was simpler then, building codes were different, and materials were cheaper. What part of this are you having trouble with?
When I make a random observation I like to put "[off topic]" at the start.
I make the $1.00 minimum wage/$11,000.00 house argument a lot because it so clearly shows how far down we've gone.
A lot of people try to refute it by pointing out how much "richer" people are today.
I was confused because I thought you were trying to address the main point, not adding an aside
See?
You said:
And my comment followed directly from this, wondering how possible it might be to achieve a past, arguably lesser, standard of living today. Attempting that would bring any wage/price gap with the past into focus by eliminating the overhead costs of modern regulatory bars, and the lifestyle creep factor that people sometimes cite. This is decidedly on-topic.
I don't think that the 1960's life style was 'lesser' than today's by any means.
Check "Hell's Angels" by Hunter Thompson. There's a chapter where he runs down the economics of being a hippie/biker/drop out.
A biker could work six months as a Union stevedore and then go on the road for two years. A part time waitress could support herself and her musician boy freind.
There was a popular travel series. The first book was "Europe on $5.00 A Day." Eventually, they had "Paris..." "London..." and other great vacations all for $5.00/day.
Sporting events, movies, and concerts were much cheaper.
If you wanted distraction, there were book stalls and news stands everywhere.
Without getting into subjective topics like what it was like to be alive in the 1960s, there’s certainly a few ways you can argue that delivering on today’s building codes is more complex than it was back in those times. Buildings are also safer now as a result. This is a simple thing and surely never took up an iota of HST’s attention, but it’s a straightforward fact about how you just get more now than you did then, even if it is something invisible like the safety of improved electrical wiring.
If you want to argue the minutia of building codes of the past, I'm sure there's a sub for that.
Read the rules.
Bruh. All that is like pennies, comparatively speaking.
Also, pretty sure you've described is like every other property on sale right now, so no need for calculations - just check the local zillow or something.