Going back to the early 1940s– roughly eighty years ago– the median price of a new home in the United States was less than $3,000. Today the median home price is roughly $350,000… more than 100x higher. If that rate continues, then by the time my daughter is 80 years old (she’s currently just a few weeks old), the median home price in the Land of the Free will be more than $30 million.
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