Iran

[hog88]

Again, my parents bought a house on a single income. Most everyone else I grew up around- with one notable exception, where the dad worked a relatively low-skilled job- bought on one income.

What was the average income then compared to the average home price, across the country? What is it now?

I have no idea how old your parents are

 

[General Jack]

To your point, while some of this will get passed down, inequality continues to rise

Revolutions happen when too many people have too little... and thus little to lose. We're inching closer.

 

[ButchPlz]

I have no idea how old your parents are

I posted it earlier. Bought a three bedroom house on 2 acres in SW VA on a single income in 1996. That same house today requires the equivalent of two national-average incomes to even get looked at for a loan.

 

[hog88]

To your point, while some of this will get passed down, inequality continues to rise

Define wealth

 

[ButchPlz]

Revolutions happen when too many people have too little... and thus little to lose. We're inching closer.

We shouldn't wish for it, either, because what would come out of that would undoubtedly be worse.

 

[rikberry31]

What does that have to do with anything?

Seriously, what are you getting at?

I gave you Bible verses, and you gave me blabber.

You said The Revelation only applied to the past. It hasn't all happened yet so either the Book is wrong or you are. I will go with the Book being right.

 

[Vol8188]

Rooting for failure would be really strange and I say that as someone who opposes the war entirely.

100%. Called the attack on the school intentional, believes our navy could end up “at the bottom of the sea”, compared going into the strait of Hormuz to D-Day, and believes they’re currently winning the war. Also believes the current Ayatollah may live for 37 years or more

He won’t admit it, but he’s cheering for them.

 

[Vol8188]

Again, my parents bought a house on a single income. Most everyone else I grew up around- with one notable exception, where the dad worked a relatively low-skilled job- bought on one income.

What was the average income then compared to the average home price, across the country? What is it now?

The average home is larger now and has significantly more amenities. If you want an 800 sq ft home without central heat and air, you could afford it on one income

 

[McDad]

Again, my parents bought a house on a single income. Most everyone else I grew up around- with one notable exception, where the dad worked a relatively low-skilled job- bought on one income.

What was the average income then compared to the average home price, across the country? What is it now?

according to Google:
1995 median household income = 34k
1995 median home price =115k - 134k

2026 median household income = 84k - 90k
2026 median home price = 400k - 420k

both are close to about 4 times income for home price. 2026 is slightly more.

 

[Volbucky]

All indications are that we did it, there's nothing credible to suggest otherwise. We also did blow up an unarmed ship. Being honest about those things isn't "hating the country," and I would argue it's the exact opposite

Oh I’m sure you would argue, it would make you feel better about disliking your country

 

[Vol8188]

Define wealth

We are supposed to pretend that the fact that our population has aged over time and that people who have been working longer have more is some great evil.

 

[hog88]

I posted it earlier. Bought a three bedroom house on 2 acres in SW VA on a single income in 1996. That same house today requires the equivalent of two national-average incomes to even get looked at for a loan.

“A single income” tells us nothing. What was that income? And depending on where in SWV a family can live fairly comfortably on $80-$100k per year.

 

[LouderVol]

Oh, I meant to share this yesterday.

I saw where years ago Saudi Arabia built a 1200km pipeline to the Red Sea just in case the Persian Gulf was too dangerous to transport.
Has anybody else heard that? If true, then I wonder if/when we will see that be available?

I always wondered about a really short pipeline across the UAE, yeah its a lot more inefficient. but would be reasonably cheap & easy to maintain and would give the UAE a nice middle man cut of the action in situations like these.

when the straight isn't closed, I would imagine the UAE could use it as their standard way on just load their ships on the outbound side of the straight.

I am sure there are reasons it hasn't happened, but it would be interesting to see what it would take.

 

[LouderVol]

His biggest f'up was normalizing relations with China, before that we imported nothing from them. Nixon made China the problem it is today at the expense of Japan and Taiwan. He sided with the commies.

it was probably one of the single biggest reasons the USSR collapsed.

before Nixon normalized relations with China them and the USSR were buddy buddy. the USSR really didn't like the chinese branching out. and both began shopping around more and China had a better business partner, the US, than they lost, the USSR. while the USSR never could replace the lost Chinese markets.

 

[McDad]

I always wondered about a really short pipeline across the UAE, yeah its a lot more inefficient. but would be reasonably cheap & easy to maintain and would give the UAE a nice middle man cut of the action in situations like these.

when the straight isn't closed, I would imagine the UAE could use it as their standard way on just load their ships on the outbound side of the straight.

I am sure there are reasons it hasn't happened, but it would be interesting to see what it would take.

I know pipelines are evil is a narrative in America. Keystone for example. But moving oil through a pipeline is far better than via ships, or trains, or trucks. Even without the geopolitical concerns.

 

[rikberry31]

Dunning-Kruger in real time.
View attachment 819172

IAEA Report Confirms Iran’s Compliance with the JCPOA | Arms Control Association

www.armscontrol.org

The fact that we agreed to allow them to produce any enriched uranium is terrible, they shou;d have zero. They don't let anyone inspect so we know they never changed a thing. It is ok to lle to the infidel in Islam.

 

[General Jack]

We shouldn't wish for it, either, because what would come out of that would undoubtedly be worse.

Of course we shouldn't wish for it, that goes without saying.

We just need to fix it. And if the masses would stop arguing over culture wars and pay attention to being raped by the billionaires things might start to change.

 

[General Jack]

according to Google:
1995 median household income = 34k
1995 median home price =115k - 134k

2026 median household income = 84k - 90k
2026 median home price = 400k - 420k

both are close to about 4 times income for home price. 2026 is slightly more.

The average age of a first-time homebuyer was 27 in the year 2000. Now, in 2026, the average age of a first-time homebuyer is 40.

 

[rikberry31]

it was probably one of the single biggest reasons the USSR collapsed.

before Nixon normalized relations with China them and the USSR were buddy buddy. the USSR really didn't like the chinese branching out. and both began shopping around more and China had a better business partner, the US, than they lost, the USSR. while the USSR never could replace the lost Chinese markets.

The Soviet Union collapsed because Reagan militarily spent them under the table. They destroyed themselves all it took was the threat of Star Wars.

 

[BeardedVol]

The fact that we agreed to allow them to produce any enriched uranium is terrible, they shou;d have zero. They don't let anyone inspect so we know they never changed a thing. It is ok to lle to the infidel in Islam.

The IAEA was inspecting them in accordance with the treaty when Trump ripped it up.

 

[McDad]

The average age of a first-time homebuyer was 27 in the year 2000. Now, in 2026, the average age of a first-time homebuyer is 40.

What's the source on this? 40 as an average seems off on the surface.

 

[Vol8188]

I just don't see it. Our kids are just a couple years older than the Gen Z generation and I don't see the hardships, most of their issues come from their own decisions. Yes, everything is more expensive but wages have never been higher, work easier and more leisure time.

I do like the idea of that generation being more non-interventionalist, I do see that in my kids and think it is fantastic and really hope they carry that mindset into their 40s when they will have the power to effect change.

Discretionary spending has never been higher either. It’s just an argument losers make to feel better about their own failure.

 

[ButchPlz]

according to Google:
1995 median household income = 34k
1995 median home price =115k - 134k

2026 median household income = 84k - 90k
2026 median home price = 400k - 420k

both are close to about 4 times income for home price. 2026 is slightly more.

The numbers I found are a little different but about the same, just note that it's closer to 5x for 2026. That's actually a big deal. Home would need to be about $50k-$90k less on average to be directly comparable. That's not nothing- especiallywith everything else involved,

Remember, nobody is buying a home in a vacuum.

 

[ButchPlz]

“A single income” tells us nothing. What was that income? And depending on where in SWV a family can live fairly comfortably on $80-$100k per year.

Around $60k/yr at the time, so he was above average.

Living in Pulaski or Lee or Washington counties could certainly be affordable on $80-$100k. But how many jobs there actually pay that level? How many are open to hire at that level? What's it look like in places where there are jobs?

Like I said in my first post on this topic, it's not just about the home prices.

 

[ButchPlz]

What's the source on this? 40 as an average seems off on the surface.

The big four-oh: Typical age of first-time homebuyers hits record high

The age for a typical first-time homebuyer hit 40 for the first time in long-term tracking by the National Association of Realtors.

kval.com