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I was just looking at individual 1940 census information for my neighborhood to learn a little about the local history, and the thing that jumped out at me was that housing values were about double the annual income at the time. My grandfather's 1940 census showed he made in a year what his house was worth. That amazed me. I would LOVE to make in a year what our house is worth. He had his own business and was wealthier than his neighbors, but still.
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