High Interest Rates - High Rents - Now There Is a Solution for That >
> Housing prices too high?
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> Mortgage rates making you sweat?
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> Landlord just sent another rent increase?
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> Apparently we've all been overthinking this housing problem. 😂 >
Housing market has changed over the years. According to the Consumer Price Index, $1 in 1966 is about $2 today. So, a rough 10X over the years. Why then, is the house I bought for $10,600 in 1966 now valued at 20X that?
I bought a newer house in 1981. According to the CPI, it would sell for $229,000 today but is valued at $325,000. I sold it for a bit less 8 years ago.
Also, in 1981 I had one of the better interest rates, only 15%.
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