ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

People are sharing 'normal' things from the '90s that are now considered a 'luxury'

The list goes long and it keeps getting interesting.
PUBLISHED AUG 30, 2024
Image Source: Photo by Karolina Grabowska |Pexels
Image Source: Photo by Karolina Grabowska |Pexels

While the world has got both better and worse in many ways over the last few decades, some people believe life was much better 30 years ago. The conversation was stirred by Redditor u/zombiem00se, who asked the question, "What was normal 20 to 30 years ago but is considered a luxury now?" on the forum r/AskReddit. 

Representative image of a couple reading underneath a tree in Central Park, August 1990 | Getty Images | Photo by Barbara Alper
Representative image of a couple reading underneath a tree in Central Park, August 1990 | Getty Images | Photo by Barbara Alper

The Reddit post shared last year quickly amassed thousands of responses with users sharing various things. "New furniture made out of real wood," was the first item listed by user u/Juls7243/. The user referred to the rise of cheaper materials being used in modern furniture.

A report from the Washington Post suggested since wood got expensive and the import/export of furniture increased, companies turned to lighter and economical materials that may not last as long as solid wood. 

Representative image | Unsplash | Photo by Tiana Borcherding
Representative image | Unsplash | Photo by Tiana Borcherding

Another user shared a rather blazing issue of the modern world. "Pay no more than 30% of your income in rent," user u/newsaggregateftw suggested. The median rent was about $602 in 2000, about 24 years ago, as per Census.gov. Today, the median rent has gone up to $2,106, according to Zillow.

While most talked about prices, one user spoke about the work culture. Pointing to the toxic, burnout-prone culture, user u/Siukslinis_acc wrote, "Not being expected to be reachable 24/7." This is also backed by data, as in APA's 2023 Work in America Survey, a whopping 77% of the respondents said they experience work-related stress, and 31% further shared that they were experiencing "emotional exhaustion."

Representative image | Pexels | Photo by energepic.com
Representative image | Pexels | Photo by energepic.com

Another user pointed out that the cost of entertainment has also gone up, making it a luxury. "Concert Ticket prices," wrote user u/Quality_Street_1. Another true fact, as a Marketplace.org report pointed out that in 1976, a ticket for a Springsteen concert in Los Angeles cost about $8 or $44 in today's money. However, in 2022, tickets for his world tour went as high as $5,000 on Ticketmaster, thanks to the higher venue fees, various commissions, taxes, platform fees, and more.

Bruce Springsteen performs with the E Street Band at Hampden Park,2016 | Getty Images | Photo by Ross Gilmore
Bruce Springsteen performs with the E Street Band at Hampden Park,2016 | Getty Images | Photo by Ross Gilmore

Meanwhile, another user u/Working-Finger3500/ recalled the times when driver's ed was a part of high school education. In California, driver's ed for students ended back in the 90s, when the state pulled back funding in response to a decrease in people getting their licenses, as per a blog. Thus, unlike 40 years ago, today young drivers need to go through expensive classes to get their license. 

Representative image | Unsplash | Photo by Alex Jumper
Representative image | Unsplash | Photo by Alex Jumper

Meanwhile, user u/SuvenPan/ listed, "Retirement plan built-in to your job", as a thing that was normal years ago but is considered a luxury today. This is true according to experts as well. In a blog, the Economic Policy Institute declared that the modern retirement plan, which is the 401(k) is “a poor substitute” for the defined benefit pension plans that workers relied on years ago.  The institute noted that plans that provide a fixed payout for employees at retirements have now become increasingly rare. 

For more such posts, follow r/AskReddit on Reddit.

MORE ON MARKET REALIST
Even the host, Ryan Seacrest admitted that the contestant needed more help to solve the puzzle.
11 hours ago
Steve Harvey is known for his wit and comic timing, but he was caught off guard.
13 hours ago
"Don't get me wrong, I'm human. Naturally, the thought crosses your mind," she said.
2 days ago
The Family Feud host doesn't easily get flustered but it seems like he can't handle flirty responses.
3 days ago
Cars are popular as prizes on several gameshows although contestants don't necessarily drive away in them.
3 days ago
There are multiple theories about cash randomly tucked under wipers, but they are all based on assumptions.
4 days ago
The entrepreneur's business model didn't tempt sharks as much as her oatmeal toppings.
4 days ago
The guest found weird notes on the fridge, TV, washing machine and other spaces in the house.
4 days ago
Ever since he got his six-figure deal on "Shark Tank", there has been no turning back.
5 days ago
While the man was hoping that he had amassed a small fortune, the total calculated by the machine was rather surprising.
6 days ago
After examining the stone cooler, the expert called it a "monumental piece of American stoneware".
7 days ago
Sajak who cut a round to make up time for his farewell speech, made things sweeter for the contestants
Jan 6, 2025
There are plenty of wrong answers but some are completely unbelievable for hosts and audiences alike.
Jan 5, 2025
Viewers labelled the meat used in the steak sandwiches as 'mystery meat'.
Jan 5, 2025
Cuban was backed by two others on the panel while others believed that she deserved to be on the show.
Jan 3, 2025
In a viral video with over 1.3 million views, the creator talked about the dangerous levels of PFAS in smartwatches and fitness trackers.
Jan 3, 2025
This happened when 42-year-old Matt Busbice left his house in a rush one morning after he heard a fire alarm.
Jan 3, 2025
The former teacher says he doesn't need any more degrees to climb up the ladder at the company.
Jan 2, 2025
The 68-year-old won $3.8 million of which he was able to take home close to $2 million after taxes.
Jan 1, 2025
It's not new for Harvey to come across answers which sound bizarre and at times even gross.
Jan 1, 2025