Investor · Midwest, USA · Member since 2012 · 204 posts · 33 votes
Just curious what happened to house/rental/apartment/commercial values when mortgage interest rates went from 6% in 1960 to 15% in the early 80's. I have heard they were actually higher than that, but was looking at this chart:
I'm reading William Nickerson again from 1958. Generally, home and rent prices are up about 10x since then. The fundamentals have changed little in 50 years.