Here’s the historical data

[an]

Here’s the historical data for rent: http://www.census.gov/hhes/www/housing/census/historic/grossrents.html

Up 52% between 60-70 and up 125% between 70-80. So, if history repeats itself, rent of a 2/2 apartment in MM will go from $1500/month today to $3375. Wow, that’s pretty crazy. It must have sucked pretty bad for those who don’t have assets in the 70s and renting.