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Tags: minimum wage | 1970s | house | purchase

Home-Buying Power Slips Dramatically Since 1970s

(Dreamstime)

By    |   Saturday, 13 September 2025 12:34 PM EDT

Social media has been buzzing recently about minimum wage rates and the homebuying power they once offered. For most workers living on minimum wage today, homeownership is largely out of reach.

In the 1970s, a minimum wage job could provide enough income to reasonably afford a modest home. Today's minimum wage workers, however, face a different reality.

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For most workers living on a minimum wage salary, home ownership is largely out of reach, which represents a dramatic changes from the 1970s, when a minimum wage job could possibly provide enough income to reasonably afford a modest home.
minimum wage, 1970s, house, purchase
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2025-34-13
Saturday, 13 September 2025 12:34 PM
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