Here's another data point from Connecticut - my folks built a house for
our family in Southington (pretty much central CT) 1977 for $75K It was
the largest house in the neighborhood at the time. They sold it in 1989
for about $250K. My cousin states that homes in that neighborhood now
sell for about $375-400K. My father was a manufacturing manager at
Fafnir Bearings in New Britain at the time.
At the time, I thought Hartford was a really long way away, as it was a
20 minute car ride. Now, I commute about a hour (and about 40 miles)
each way to work, just because I can't afford to live any closer.
Starter homes around Montainside NJ, (about 1200 sqare feet, if I were
to guess, and maybe 1/4 acre) start at at least 300K.
I think I live in the wrong part of the country... ;)
-=Chris
Chris King
http://home.comcast.net/~kvcbk/
<-----Original Message----->
From: RBHouston@aol.com
Sent: 2/19/2004 9:59:47 AM
To: PilotRob@webtv.net
Cc: spridgets@autox.team.net
Subject: Cost of Living...NLBS
In a message dated 2/19/2004 5:30:24 AM Mountain Standard Time,
PilotRob@webtv.net writes:
In the mid-50's, a senior American Capt.
made around 55K. My folks built a house
in the "country" here in Stamford in '58
for 65K.
That same airline pilot today makes
200-250K+- (depending upon aircraft
capacity in terms of type flown)........
that house? Over 1 million.
Captain...Stop any ten people on the street (not Wall St.) and have them
read
what you wrote. $65K houses in 58 were not AVERAGE. My folks bought a
home
in 59, for $4000, that I sold last year for $8500! See if those folks
thin
$200-250K is an average salary.
Stamford is a pretty place and most of us dreamed at one time or another
of
being an airline pilot and making big bucks...but neither of these is
AVERAGE,
by any context.
Maybe I'm way off base, but then maybe I just live in the wrong part of
the
country.
Robert Houston
Texan in New Mexico
73 Midget
|