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edit
there is an easier way to say this
From $196,990
1,799 sq ft
3br 2.5ba
(harvest meadows, centex homes) thus
http://www.dol.gov/whd/minwage/america.htm#Colorado
minimum wage $7.78
197,000 / 7.78 = ~ 25,320 hrs or just under 13 years. $8.25 roughly is the price point for every cent saved from a job just over this areas minimimum wage saved for 10 years.
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thus this side point to my goal of this blog which was to menti0n a comic episode from the dick vandyke show about planning and savings… where laura had heard that after nearly twenty years of savings just in time for mid-life crisis age of her husband she bought him the fanciest sports car of his dreams with “egg money” rob thought it was to buy him a short term gift and padded the account for that and got a sweater instead…comedy elapsed…on the show but not from this blog.
also you will find below that I say minimum wage didn’t come into existance really as in change in importance from 1981 -1989 where it was #3.34/5 cents per hour the following link showed how this was x years of purchase power decreasing and decreasing til it finally was raised in 1990.. it is NOT important that these dates and time and wage points exist only that there is an ammount of money for work and from my pov when my childhood home sold in 1991 for 64,900 dollars it was a low point in that market for sales and also a 14 year old home 2 bedrooms unfinished basement with a conversion to forced air heating from an all electric home which is about the only reason it sold as well as it did. the space for the 3 bedroom was framed just not finished at the time of sale. . it was amusing that this same home 3 months later was worth 4000 more as this was a beginning in the rise of my areas aeconomic outlook… this allowed renovations to completely finish that basement and put in a sliding glass door to the back yard from the country kitchen which with the third bedroom estimates at sale for triple of what it sold for 22 years ago. good investment for that person 
but again please note it is what? still about just above 10 years at just above minimum wage for a home. this means? not much really changes.
http://www.zillow.com/homedetails/….available on request………/
thus from the beginning of first grade through much of ninth grade, wages remained static…and there was a huge fuss about “what minimum wage” no minim wage CUAHGE in nearly a decade and it finally changed a little the also remained relatively static for fifteen years (minus 2 changes)
http://www.infoplease.com/ipa/A0774473.html
yes is is possible to to considered that from 1981′s 3.35 through 2011′s 7.25 the rule money loses half of it’s value in 20 years and you see nearly a doubling of the wage but when shown a constant value of dollars halfway through 30 years you might see we’ve lost almost a dollar purchase power in that time. yet prices are still still roughly the same model 20 years later….at least about 10 years 6% above minimum wage or a person with two merit raises dilligently saving every penny forever. well seemingly able to make the american dream of their own home…. well see nothing is simple yet attitudes are sure held dearly that it’s only lack of discipline that keeps people from their dreams while the answer retorted is that it’s rather difficult to get such a dream alone or wait a liftime out to begin living.
so, here’s a picture comic to that effect.
Not for Sale
Zestimate: $195,455
Rent Zestimate: $1,546/mo
as a side note, if one examines the minimum wage table, it will show why in 1968 it is projected that we had more purchasing power then than ever before or since…. 0.68 six eight under the oh. what was the most successfull era here? republican nixon, least successful in nearly 60 years? republican bush the 2nd. largest years of change and adjust 73-81 stag-flation and the gas embargo years where in 8 years the minimim wage double to not clear purchasing power stability.
if you would like a different bit of math and average?
http://www.slideshare.net/RussellJWhite/then-and-now-1955-to-2010-10821744#
I was on the subject again of what is different from now to times before?
2010′s go ahead try to find a job without being online…unless you are just lucky that way.
1980′s all you had to do was grab the paper from the macdonald’s counter…there used to be want ads.
2010′s I don’t want minimum wage! I’ll go broke!
1990′s I nearly finished highschool prior to the national or federal minimum wage coming into existance.
2010′s it is possible just barely in the denver metro area to get a new home for about $200,000
1960′s it was possible still to save $10,000 from work age to marriage…it was a brand new home and my mother’s FAVORITE story about how you had to watch those assholes forever leaving their wallets at home…. the home was paid for in cash and new cars all the time time she lost touch with the lady. oh and she saved it, and her mother made sure she picked on to marry just as well off just in case the math doesn’t add up to you. (paid rent while working and that was matched PLUS every cent the youngster herself added…yes it is illegal in the 2010′s to ask a minor to pay rent)
2010′s it is not enough to get her number, if she doesn’t program your number into her ell on the spot or give you a CELL number, you are nothing.
1990′s I was pleased to get a second phone line to my home.
2010′s I had some visitors show up talented but broke. I was aghast that they seeing the strain bought phones contracts phones 2 years before they bought food.
1980′s I didn’t even know what a cell phone was….big brick or otherwise.
2010′s a home costs about 200-300 thousand dollars with the exception of some very depressed areas and special situations. it is still about ten years of what a person can make at minimum wage…there is no reason an enterprising youngster working hard and saving every dime with a support network can not put away the cost of a home in full prior to the standard accepted age of a man marrying at 26. it’s fucking unlikely, but there is nothing terrifically different now as back before my parents were born….just more choices to be broke. case in point the link below…the high comedy of the dick van dyke show where in laura wanted to get rob a great gift and he ruined the plan nosing into it.
http://www.imdb.com/title/tt0769914/plotsummary?ref_=tt_ov_pl
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