Yep, yet we consider our housing prices out of control, and some of them are. What I find really out of whack is that very few builders are building 'starter homes' any more so houses that those 1000-1200 sq ft houses that used to sell in the mid-70's to mid-90's (thousand dollars) are now well into the 130's. Another reason why younger folk can't afford to buy a house.
I do not recall ever being able to buy a home for $1000 and my father was a realtor. Also, my first husband and I bought a starter home in the mid 1970's and I can assure you that it cost a lot more that $1000. Several years later, after I left him, I bought my own starter home in 1989 and it cost me $75,900. Where on earth did you get this $1000 figure from?
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