Reply to post: Re: PUB Underflated Inflation ALERT

Apple hardware priced so high that no one wants to buy it? It's 1983 all over again

Michael Wojcik Silver badge

Re: PUB Underflated Inflation ALERT

Yes, I'd be interested to know what now costs 13x what it cost in 1983.

Let's see... a Honda Civic cost $6900 in 1983; today one goes for $21500, or a bit more than 3x. And fond though I am of the third-gen Civic, today's car is much safer and more capable.

US median housing prices peaked (before the crash) at around 4x their 1983 value, according to Shiller's data. And today's houses are, on average, significantly larger than they were in 1983.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019