Anyone have something like this, adjusted for mortgage rates? Most people don’t buy with cash, they pay monthly interest. (The graph hints at this with talk of steep interest rates in the 80s, but doesn’t quantify it.)
Zakman-- on
Infinite land price growth 😔 where my Georgist boys at
TheGeneGeena on
I mean, this isn’t inflation adjusted either. $22.4K per year in 1985 is the equivalent of 66,132.25 in 2025 and $78.2K for home in 85 would the equivalent of $230,872.42. Which factor in the interest rates at the time would still make pretty damn bad.
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hey you know what brings prices down
extra supply
Tell a friend
Anyone have something like this, adjusted for mortgage rates? Most people don’t buy with cash, they pay monthly interest. (The graph hints at this with talk of steep interest rates in the 80s, but doesn’t quantify it.)
Infinite land price growth 😔 where my Georgist boys at
I mean, this isn’t inflation adjusted either. $22.4K per year in 1985 is the equivalent of 66,132.25 in 2025 and $78.2K for home in 85 would the equivalent of $230,872.42. Which factor in the interest rates at the time would still make pretty damn bad.
https://www.usinflationcalculator.com/
This graph really needs a log scale.
What I’m wondering is why this seems to have affect almost every major city around the world at around the same time.
One word: Zoning.