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1979 Home Purchases Decline in Value
J. Rick Normand
Sedona AZ (April 25, 2011) – That Home You Bought In 1979 Has Lost 8.5% Of Its Inflation-Adjusted Value by Gus Lubin of Business Insider submitted by J.Rick Normand:
Home values have already collapsed to 2003 levels.
But an even more grim picture comes when you adjust for inflation. That home you bought in 1979 has lost 8.5% of its inflation-adjusted value.
From Chart Of The...