Buying A House Wasn’t Incredibly Hard
Back in the 1950s, unlike today, buying a home for your family wasn’t entirely out of the question for most people. While homes cost lifetime amounts of money these days, forcing many people to rent, in 1950, the average home only cost around $14,000.
Most families were expected to own a home as well and would probably be beside themselves if they heard the average price of homes today. Not only could people afford houses, but they could also pay them off relatively early and not spend their whole lives paying their mortgage.