Who would call $ 38.500 a measley price for any house in 1958?

Some real brain child reported "measley" regarding Warren Buffetts home.
Such an amount in those days was a lot. To the poor writer of that article: before you write anything, do your homework first.
$ 40.000 for a home was a fortune then. All I can say is that the writer is being paid too much whatever it is.

skyalert2013-02-19T09:19:18Z

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Measley-def-low price or meagre amount.
This was about the average price of a new 3 bedroom bungalow in 1956.

The First Dragon2013-02-19T18:31:03Z

You are right. In 1958, $38.000 was a high price for a house.
My parents bought their 3-bedroom home for $10,000 in the 1950s and sold it for $60,000 around 1980. They bought another house with that money. After they died, I sold the house for $300,000 in 1999.
If that gives some perspective on house prices over the years.

Sarri2013-02-19T17:10:18Z

he was comparing the price of the house to his net worth, the price is measly in comparison...

also what does measley mean, it is not a word

?2013-02-20T16:33:40Z

i agree with ya

$ 38500 was a lot then ----->while it seems like pea-nuts today

by the way i like the colour of his house

http://upload.wikimedia.org/wikipedia/commons/thumb/2/22/Dundee_HD_Omaha_NE.JPG/220px-Dundee_HD_Omaha_NE.JPG



good luck