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Anyone from the 1950s alive ?

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HannahSky · F
People used to pay 100- for a mortgage and weren't sure they could make the payment.. Nothing has changed really.
eli1601 · 70-79, M
@HannahSky That is very true. My parents bought their home in 1951 and my father told me he had sleepless nights worrying about the $92 payment. They paid 10,500 for the house.

That same house, in Connecticut, is worth about 400k now.
HannahSky · F
@eli1601 yeah, my aunt told me this too, she kind of laughs now, but it was a real worry.. no telling how much that house is worth now.
@eli1601 My parents bought their house in SoCal in 1950, 3 bedroom for around 10k. payments using the GI bill and Cal Vet were 75 a month. That same house sold last year for 1.4 mil, and the guy tore most of it down to add a 2nd story.