[quote=sdrealtor]Is it just CA? My parents bought their house in NJ in 1963 and about 30 years later sold it for 10 times what they paid.[/quote] Of course, comparing 1963 dollars to 1993 dollars is like comparing pesos to dollars. I just checked the CPI values for 1963 and 1993 (30 years), and general prices quintupled over that period. In other words, your parents’ house appreciated at twice the rate of inflation. That is, it doubled its value in real terms.
