Subject: Re: Berkshire and Tariffs
"So since 1988, houses seem to have risen from about 1.3 times your annual salary to at least 5 times your annual salary."

What kind of tent did you buy? When I bought a house in 1983 it cost 5 times my annual salary. When I sold it 30 years later, it cost 5 times my last annual salary before I retired.


It very much depends where you live.

We once bought a new house in a new tract subdivision. Our neighbor 2 doors down bought the same model around the same time.

They sold their house and moved away 6 years later.
We had them over for dinner and he said "We made more money on our house in 6 years in Algonquin than we made in 20 years on our house in Carpentersville."