Home › Forums › Financial Markets/Economics › Average SD family 2000 vs 2010
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February 2, 2011 at 6:41 AM #662480February 2, 2011 at 6:53 AM #661356
Anonymous
GuestGreat post AN, nice to see some data in a discussion.
I think the numbers for cars is particularly interesting. Although there may be some debate about what makes/models to compare, the numbers clearly show that there really has been almost no inflation at all in this category.
Back in 1990 I bought a Honda Accord LX through USAA’s broker service. I paid a few hundred over invoice, which was about $16K.
Today, an Accord LX looks like it costs about $20K (CarsDirect quote.) Not much of a change in 20 years, and Accords are probably even better than they were back then.
February 2, 2011 at 6:53 AM #661419GuestGreat post AN, nice to see some data in a discussion.
I think the numbers for cars is particularly interesting. Although there may be some debate about what makes/models to compare, the numbers clearly show that there really has been almost no inflation at all in this category.
Back in 1990 I bought a Honda Accord LX through USAA’s broker service. I paid a few hundred over invoice, which was about $16K.
Today, an Accord LX looks like it costs about $20K (CarsDirect quote.) Not much of a change in 20 years, and Accords are probably even better than they were back then.
February 2, 2011 at 6:53 AM #662022GuestGreat post AN, nice to see some data in a discussion.
I think the numbers for cars is particularly interesting. Although there may be some debate about what makes/models to compare, the numbers clearly show that there really has been almost no inflation at all in this category.
Back in 1990 I bought a Honda Accord LX through USAA’s broker service. I paid a few hundred over invoice, which was about $16K.
Today, an Accord LX looks like it costs about $20K (CarsDirect quote.) Not much of a change in 20 years, and Accords are probably even better than they were back then.
February 2, 2011 at 6:53 AM #662158GuestGreat post AN, nice to see some data in a discussion.
I think the numbers for cars is particularly interesting. Although there may be some debate about what makes/models to compare, the numbers clearly show that there really has been almost no inflation at all in this category.
Back in 1990 I bought a Honda Accord LX through USAA’s broker service. I paid a few hundred over invoice, which was about $16K.
Today, an Accord LX looks like it costs about $20K (CarsDirect quote.) Not much of a change in 20 years, and Accords are probably even better than they were back then.
February 2, 2011 at 6:53 AM #662490GuestGreat post AN, nice to see some data in a discussion.
I think the numbers for cars is particularly interesting. Although there may be some debate about what makes/models to compare, the numbers clearly show that there really has been almost no inflation at all in this category.
Back in 1990 I bought a Honda Accord LX through USAA’s broker service. I paid a few hundred over invoice, which was about $16K.
Today, an Accord LX looks like it costs about $20K (CarsDirect quote.) Not much of a change in 20 years, and Accords are probably even better than they were back then.
February 2, 2011 at 7:00 AM #661361Guest[quote=jpinpb]To be fair, should we factor in U6 unemployment numbers from 2000 to 2010?[/quote]
The median numbers would already include the “income” of the unemployed (unless the unemployed were specifically factored out of the data, which would be unlikely.)
February 2, 2011 at 7:00 AM #661424Guest[quote=jpinpb]To be fair, should we factor in U6 unemployment numbers from 2000 to 2010?[/quote]
The median numbers would already include the “income” of the unemployed (unless the unemployed were specifically factored out of the data, which would be unlikely.)
February 2, 2011 at 7:00 AM #662027Guest[quote=jpinpb]To be fair, should we factor in U6 unemployment numbers from 2000 to 2010?[/quote]
The median numbers would already include the “income” of the unemployed (unless the unemployed were specifically factored out of the data, which would be unlikely.)
February 2, 2011 at 7:00 AM #662163Guest[quote=jpinpb]To be fair, should we factor in U6 unemployment numbers from 2000 to 2010?[/quote]
The median numbers would already include the “income” of the unemployed (unless the unemployed were specifically factored out of the data, which would be unlikely.)
February 2, 2011 at 7:00 AM #662495Guest[quote=jpinpb]To be fair, should we factor in U6 unemployment numbers from 2000 to 2010?[/quote]
The median numbers would already include the “income” of the unemployed (unless the unemployed were specifically factored out of the data, which would be unlikely.)
February 2, 2011 at 8:44 AM #661411sdduuuude
ParticipantInteresting view. I’m wondering if “household income” has gone up due to more houses having two income earners.
I consider “free time” to be a major factor in determining quality of life. Has the amount of free time reduced to gain this extra income ? If so, we may not be in such good shape.
Also, it might be interesting to look at average mortgage costs of current owners rather than housing prices available to new buyers.
February 2, 2011 at 8:44 AM #661474ParticipantInteresting view. I’m wondering if “household income” has gone up due to more houses having two income earners.
I consider “free time” to be a major factor in determining quality of life. Has the amount of free time reduced to gain this extra income ? If so, we may not be in such good shape.
Also, it might be interesting to look at average mortgage costs of current owners rather than housing prices available to new buyers.
February 2, 2011 at 8:44 AM #662077ParticipantInteresting view. I’m wondering if “household income” has gone up due to more houses having two income earners.
I consider “free time” to be a major factor in determining quality of life. Has the amount of free time reduced to gain this extra income ? If so, we may not be in such good shape.
Also, it might be interesting to look at average mortgage costs of current owners rather than housing prices available to new buyers.
February 2, 2011 at 8:44 AM #662213ParticipantInteresting view. I’m wondering if “household income” has gone up due to more houses having two income earners.
I consider “free time” to be a major factor in determining quality of life. Has the amount of free time reduced to gain this extra income ? If so, we may not be in such good shape.
Also, it might be interesting to look at average mortgage costs of current owners rather than housing prices available to new buyers.
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