[quote=spdrun]Inflation-adjusted values were basically flat through the 60s. Also, “suburban flight” through the 60s and 70s was a big deal. Median may have gone up, but there were plenty of opportunities, like apartment buildings in NYC that couldn’t practically be given away.
Remember that NYC was basically bankrupt through the late 70s.[/quote]I don’t care about inflation-adjusted. My mortgage is fixed, so why should I care about inflation adjusted value? However, even inflation-adjusted, home value went up about 20% from 60-70. Is 20% increase what you mean by basically flat?