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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: pstuartb who wrote (242354)3/26/2010 12:43:26 PM
From: ajtj99Read Replies (1) of 306849
 
pstuartb, $500 back then was equivalent to about 3-months wages for the average working stiff, so that's a good savings rate.

In the 1930's you had a huge advantage living on a farm vs living in the city (provided you weren't in Oklahoma).

You could grow your own food and raise your protein. The rest you could sell or trade for cash or goods.

My grandfather on more than one occasion got paid in potatoes during the Great Depression, and that was for warehouse work in a city!
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