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Here’s the historical median home price reported by the census bureau: http://www.census.gov/hhes/www/housing/census/historic/values.html.
Here’s the historical mortgage rates: http://www.mortgagenewsdaily.com/mortgage_rates/charts.asp http://www.freddiemac.com/pmms/pmms30.htm
If you buy a median house in the 70s, by the 80s, the house doubled (adjusted for inflation). All the while, mortgage rates doubled.
