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submitted 10 months ago by Stamets@lemmy.world to c/funny@lemmy.world
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[-] Death_Equity@lemmy.world 123 points 10 months ago

The house costs around $2.5m in today's money, or around $1.1m in 1990. Household income would have to be north of $300k/yr in 1990 dollars or over $600k in today money.

Kevin's uncle paid for the vacation for 15 or 17 people, which would have cost over $40k in 1990. The uncle also had a penthouse in Paris(where he transferred to, creating the desire to bring the family together for xmas.), Kevin's family stayed in a suite.

Given the neighborhood and proximity to Chicago, the father likely worked in finance.

[-] macrocephalic@lemmy.world 22 points 10 months ago

I don't think you can can you apply the insertion figures to calculate house prices because real estate has increased so much faster than everything else in the last two decades. To put it into perspective, I recall as a kid in the 90s, a friend living in a two story house with a pool next to the beach, and that house cost 400k - which seemed like a lot because we lived in a 3bed house on a suburban half acre block which cost under 200k.

[-] Death_Equity@lemmy.world 21 points 10 months ago

In '89 it sold for 900k.

[-] Anticorp@lemmy.ml 4 points 10 months ago

Yeah, I lived in a 2 bedroom apartment 1 mile from the beach in the late 90's that was $850. Now the same apartment is going for $3500. Housing prices have reached insane highs. Housing is so expensive now that it's driving people out of the cities, and people are commuting hours every day to work.

[-] Son_of_dad@lemmy.world 1 points 7 months ago

That home in my city would cost easily 6 million

this post was submitted on 24 Dec 2023
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