Gee, I wonder what happened...
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That's for sure. I remember I had a great aunt from that era, and her house was like visiting the 50s in real time. By modern standards it was a tiny house and it was in a small town, but she and her husband never seemed to put stock in buying things.
I even find it funny now in my era, I'd take an expensive trip or buy something nice and friends and family act like I'm some crazy rich person and they could never do that. Or they blame it on their kids they have and I don't because kids are "sooo expensive" etc. They fail to see my house costs half what theirs did or they don't remember that my cheap cell phones are usually the brunt of all their jokes, or that I haven't spent much on TV services for years now. I'm not saying a live a spartan existence, I most definitely don't. I'm just cognizant of things. I wouldn't be shocked with a lot of these people if I couldn't find $500/yr just in streaming services they pay for and almost never use.