Random thoughts from a largely-useless man.
Old radio shows, old movies, the simple life.
Friday, November 02, 2012
Cost of cars
I saw a billboard today with a car costing over $31,000. It reminded me that that is more than what we paid for our house originally. Time have indeed changed. Of course, I think Mom and Dad paid about $8500 for theirs.
Interestingly enough, that $8500 over the 50-some-odd years that they have lived in the house is about $150,000 in current money, assuming 6% interest.
w.o.w.
ReplyDeleteInterestingly enough, that $8500 over the 50-some-odd years that they have lived in the house is about $150,000 in current money, assuming 6% interest.
ReplyDeleteA