Back in 1989, a loaf of bread cost $0.67- now it costs $1.98. And gas has more than doubled in price. Even though homes have appreciated, a monthly payment on the average house is actually less than it was in 1989.
Saturday, June 23, 2012
Home Buyer Tips: Purchasing Power
10:59 PM
Swee Ng
Back in 1989, a loaf of bread cost $0.67- now it costs $1.98. And gas has more than doubled in price. Even though homes have appreciated, a monthly payment on the average house is actually less than it was in 1989.
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