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Ingrid
Lv 7
Ingrid asked in News & EventsMedia & Journalism · 8 years ago

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.

4 Answers

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  • 8 years ago
    Favorite Answer

    Measley-def-low price or meagre amount.

    This was about the average price of a new 3 bedroom bungalow in 1956.

    Source(s): old timer-it's all relative
  • 8 years ago

    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.

  • Sarri
    Lv 4
    8 years ago

    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

  • Mukund
    Lv 5
    8 years ago

    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/thum...

    good luck

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