http://elecraft.85.s1.nabble.com/Price-Comparisons-tp6472310p6472750.html
> Yes, inflation was rampant in the 1970's. I was fortunate:
>A house that I purchased for $26K in 1969 sold in 1975 for $40k, and the
>house that I bought in 1975 for $42k sold 5 years later for $83k. That
>"profit" enabled me to have a house built in NC with little increase in
>my mortgage payments - and the same inflation continued through 1993
>when that same house sold for $135k. It was a great "boom" for housing
>prices, and well before the advent of "creative" mortgage derivatives.
>
>During that same period, the price of gasoline went from $0.35 per
>gallon to well over $1.50.
>I don't recall my salary increases during that period, but the general
>expectations were as Ron has recounted. It was a time of economic
>turbulence, but unlike the economic downturn we have had recently where
>many jobs have been slashed -- most people kept their jobs during that
>1970/80s turmoil.
>
>73,
>Don W3FPR
>
>On 6/13/2011 11:06 PM, Ron D'Eau Claire wrote:
>> On reflection, I mis-spoke. Inflation in the USA topped 15% during the 70's,
>> hitting nearly 20% some years.
>>
>> Ron AC7AC
>>
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