A $423,870 house in the year 2000 is equivalent to a $654,070 in 2020 after infl... | Hacker News

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		ProfessorLayton on March 26, 2021 \| parent \| context \| favorite \| on: U.S. rent has increased 175% faster than household... A $423,870 house in the year 2000 is equivalent to a $654,070 in 2020 after inflation.

danShumway on March 26, 2021 | [–]

It's not a $423,870 house in 2000. It's an 8% mortgage, and we're comparing what that 8% mortgage would get you in 2020.

PragmaticPulp on March 26, 2021 | | [–]

The point was to compare interest rates for a given monthly payment, which isn't influenced by inflation.

shrimpx on March 26, 2021 | [–]

In the town where I live, a 400k house in 2000 would sell for around 2 million today.

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