PA12DRVR wrote:
Granted, decades have gone by but:
1800-ish Square foot town home, 1992: $25,000
Airworthy but not shiny 1946 PA-12 in 1998: $23,000
Cabin + 30-ish acres in Alaska semi-wilderness: 1999: $20,000
Total-ish: $68,000
New 2019 model in late 2019: F250 Lariat 4x4, diesel, etc : List (IIRC) $65, negotiated down to $58,000. I could barely stomach the idea of paying that much for a new truck in 2019...have to agree that now is not the time for new.
And what would have to pay for those things today? I bet in 1992 people were saying there is no way they would never pay $25,000 for a townhome, $23,000 for a 46 year old airplane or $20,000 for a cabin in the Alaskan wilderness.
Thirty years from today I am almost certain if you could get 2021 prices on most anything you would write the check without hesitation (if checks are still a thing).
