3 ms·
Are you accounting for the currency being worth less per unit than in the 90s?
by tata71 5y ago
Are you accounting for the currency being worth less per unit than in the 90s?
- dhosek 5y agoFrom https://www.usinflationcalculator.com https://www.usinflationcalculator.com I get that the value of the house should have increased by 92.4% from the purchase price in 1993. The last sale (four months ago) was up by 438%¹. It gets worse if I go from the sale price in 1997 where inflation shows 73.2% but the increase was 525% ⸻⸻⸻ 1. To be explicit, the house sold for 5.48× more than the purchase price.