Did you have $100,000 in 1998?
Posted on April 14th, 2008 – 9:58 AMBy Kara McGuire
I certainly didn’t. I had just graduated from college and was thrilled with the fact I was finally getting health insurance and making more than $10 an hour.
My friend Sarah sent me this link to a NY Magazine story about what $100,000 would have bought a decade ago. Studio on the upper east side anyone?
I wonder what type of Mpls real estate you could have found for $100,000? I was far from the point in my life where I was thinking of settling down and buying a house. Too bad my magic 8-ball failed to inform me that ten years later I would be married to my college boyfriend and living two miles from where I went to school!
2 Responses to "Did you have $100,000 in 1998?"
I wonder what type of Mpls real estate you could have found for $100,000?:
In October 1996 we bought a house for 89k with 3BR, 1 tiny bathroom, 1400 sq. feet and a really beat up kitchen in a high demand neighborhood in Mpls. It might have been 100k in 1998.
Now (having re-done the kitchen!)I really appreciate that my mortgage payment is insanely affordable by 2008 standards.
What a difference 10 years makes.
forget the real estate, shoulda bought Apple, although 2000 might have caused some heartburn 
