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This building was for sale for $5,000.00 in 1938

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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 10:19 AM
Original message
This building was for sale for $5,000.00 in 1938
Edited on Wed Nov-07-07 10:31 AM by SoCalDem

Salina Lodge #60 was chartered on October 17th 1867 and resides within the walls of the located at 336 S. Santa Fe Salina, Kansas. The construction of the Masonic Center (formerly known as the Masonic Temple) was started in 1922 and completed in 1927. The cornerstone was laid by the Grand Lodge of Kansas on October 6th 1922 and was recently rededicated during a week long celebration of the 75th year anniversary of the Masonic Center on November 23rd, 2002.
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I know this because my grandfather almost bought it. He bought 3 duplexes instead, since he had family members who needed a cheap place to live.

Times got tough during the depression , and big beautiful bulidings like this one were for sale..cheap..

..........

People "unwound" their lives before, and we may be doing it again. Life eventually comes down to food & shelter..

........

The big houses, the fancy cars..the entertainment..We can do with less or even none if we had to. We just have never HAD to before.

There are many people already , who ARE living minimal lives, and surprisingly, THEY will be able to weather downturns better than most of us, who have never known anything BUT prosperity..



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bridgit Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 10:25 AM
Response to Original message
1. I'd buy it...
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demnan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 10:26 AM
Response to Original message
2. $5,000 was a big chunk of change back then
What a beautiful building, by the way. I love Masonic Lodges and Temples. The one in Baltimore is beautiful and has such a fascinating history over there on Charles St. And this one is my favorite:

http://www.gwmemorial.org/

In Alexandria, VA I grew up in its shadow and my grandfather, a Mason, actually had a hand in building it.
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NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 10:26 AM
Response to Original message
3. been there, done that
I've 'unwound' my life in the last couple years and don't notice much change except I'm happier.

less stress worrying about bills, less crap to clean/maintain/replace, and if I want something I save up (I know, what a radical concept) and buy it cash.

I don't own anyone except 18 months left on a car note. when that's done I'm debt free :woohoo:

Own my house and furniture outright, own one car and almost done with the other, property taxes are $65 a year.

But I did this on purpose, DU's Economy forum gave me the heads up and I've made changes. I have an acre of ground and am learning to garden and keep a few chickens and goats.

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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 10:30 AM
Response to Reply #3
4. We are on our way there too..
Paid off & cut up the plastic a few years back.. we save now, instead of spending:) we buy CDs ( not the musical ones) and max out the 401-k & IRA.. and when my husband retires we will move to a cheaper and downsiz-ier manufactured home on some land and that's it.. Our cars are owned outright, and we have no bills except for utilities..

:)
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NMDemDist2 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 11:23 AM
Response to Reply #4
9. it's a great feeling isn't it?
:hi:
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begin_within Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 10:31 AM
Response to Original message
5. My grandparents bought the house I live in in 1938, for
$7,200. Now any house on the street I live on is going for more than $700,000, so that was a pretty good investment on their part (too bad they're not living to see it though).
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Bitwit1234 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 10:55 AM
Response to Original message
6. According to the GDP
Used to compare worth of buildings. One that sold for $5,000 in 1938 would be worth $766,242.74 in 2006.
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 10:58 AM
Response to Reply #6
7. The building was "worth" more than $5k then, but the upkeep on it
was a killer, and they tried to get "out from under it". Apparently the Masons moved to a smaller building they owned outright, and the temple just sat there, empty, so whoever owned the note (probably 1st National or Planter's State Bank ) put it up for sale ..No one bought it, and evenutally the Masons moved back into it :)
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aikoaiko Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Nov-07-07 11:05 AM
Response to Original message
8. Boy you could make some nice condos out that building


;)
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