The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (37745)	8/14/2005 11:48:06 AM
From: Les H	Read Replies (1) of 306849

[quote]Grace "Miss Information" Zaccardi claims the value of manufactured products produced by America has increased 12 fold since 1945. A typical Monetarist lie.[/quote] I would guess that most of that increase is due to the growth in the defense and aerospace industries and due to inflation. The cost of a new car in 1945 was around $ 2000, nearly the same as in 1900. Now, it's around $ 30,000. Here's a very interesting site that provides the cost of items as found in Morris County, New Jersey over the years: gti.net

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