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.
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.