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As homeownership became more widely attainable, it became enmeshed with the American Dream.
If you owned your own home, that signified that you were thriving.
Homeownership still represents financial achievement, but its become harder to pull off.
Also see millennials personal finance tips for Generation Z.
Tragically, it was also the year that John Lennon was shot and killed at the age of 40.
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1981
This was another momentous year for politics.
In 1981, we saw Sandra Day OConnor, the first female Supreme Court Justice sworn in.
In March, there was an attempted assassination of Reagan; he and a few other people were wounded.
1982
In 1982, the CDC officially named AIDS (Acquired Immunodeficiency Syndrome).
Michal Jackson released his legendary album Thriller, which became the bestselling album ever.
Steven Spielbergs blockbuster E.T.
The Disney Channel launched this year, as did Reading Rainbow, the classic PBS program.
1984
In 1984, Reagan was re-elected as president.
The Apple Macintosh PC hit shelves, introduced to the masses via aSuper Bowl ad.
The computer was priced at $2,500, or what would be $7,595.38 in 2024.
Shortly after, the legendary charity single We Are the World was recorded.
Back To The Future hit theaters and held strong as the highest-grossing film of the year.
But there was plenty of stuff happening Earth-side, too.
Pixar was founded by John Lasseter and Steve Jobs and the United States Senate approved a treaty outlawing genocide.
1988
This was a big year for the still-nascent internet.
1989
Arguably the most famous thing that happened in 1989 was the fall of the Berlin Wall.
But, like every other year, there was a plethora of landmark events.
On a lighter note, the hit TV show Seinfeld debuted.
In May, the World Health Organization removed homosexuality from its list of diseases.
Arguably less importantly, Driving Miss Daisy won best picture at the 62nd Academy Awards.
1991
This year kicked off with fury.
On Jan. 16, Gulf War:Operation Desert Stormlaunched with air strikes against Iraq.
After 61 years in business, Eastern Air Lines shuttered due to financial problems.
Later that year, Pan American World Airways shut down.
In June came the end of Apartheid in South Africa.
1992
This year was the beginning of the Clinton years, kicking off with Arkansas Gov.
KTTV launched Good Day LA, which has endured as a popular morning news show.
1994
On New Years Day, theNorth American Free Trade Agreement(NAFTA) was established.
In March, Apple released the Power Macintosh, the first Macintosh computers with PowerPC microprocessors.
Schindlers List swept the Oscars and Nelson Mandela was inaugurated as South Africas first Black president.
All data was collected on and is up to date as of May 24, 2024.
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