4.6 • 682 Ratings
🗓️ 8 April 2024
⏱️ 6 minutes
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0:00.0 | Brought to you by the Every Dollar app. |
0:04.3 | Start budgeting for free today. |
0:06.3 | So my parents bought their first home in 1963 for $12,230. |
0:13.7 | Ooh. |
0:14.3 | Okay. |
0:14.6 | That house today would be what, 400K, right? |
0:17.4 | And they don't live in that house anymore. |
0:19.7 | But I mean, that house today, that's what it would sell for. I know right where it is, it's just over the hill over here. And I still live in that house anymore. But, I mean, that house today, that's what it would sell for. |
0:21.5 | I know right where it is. |
0:22.3 | It's just over the hill over here. |
0:23.7 | And I still live in the same area. |
0:25.2 | And that was 1963. |
0:28.4 | You know what my grandparents said? |
0:30.9 | How can any young people buy a house for $12,000 on a 30 year? You're going to pay on it until you die. It's awful. And you know what |
0:43.8 | the interest rate was? It was four and a half percent. Oh, God. That's what my grandparents said. |
0:50.8 | Dave, this was supposed to be my rant. |
0:59.4 | But I mean, that's all that's all that's happening right now, right? |
1:00.3 | That's right. I mean, and so I'm looking at these prices and I'm like my grandparents, right? |
1:04.4 | I'm like, God, this is ridiculous. |
1:06.2 | How can any of these young people buy a house? |
1:08.3 | Bless your heart. |
1:09.0 | And the young people are looking at it. |
... |
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