My grandparents paid about $35,000 for a house in suburban Detroit in the early 1960’s. It is now worth … about $40,000. If only they had moved to San Francisco and spent $35,000 there!
During the 90’s boom it probably got up to about $150,000, and at one point in 2010 similar places were selling for $15,000 when there were several foreclosures per block.
