• JimboDHimbo@lemmy.ca
      link
      fedilink
      arrow-up
      11
      ·
      7 months ago

      What money? That money was probably gone within the first two decades, if not the first decade.

      • JoBo@feddit.uk
        link
        fedilink
        arrow-up
        2
        arrow-down
        3
        ·
        7 months ago

        Not if he bought a house with it. A $50k house in the '70s could be worth around a million now.

          • JoBo@feddit.uk
            link
            fedilink
            arrow-up
            2
            ·
            7 months ago

            I don’t know much about the US housing marketbut, here in the UK, I know two couples who bought their houses for £15-25k in the 1970s and they’re worth a million now.

            House price inflation is a very scary thing.