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Re: 1963 prices

To: mgs@autox.team.net
Subject: Re: 1963 prices
From: Florrie & Allen Bachelder <bachldrs@swva.net>
Date: Thu, 20 Jan 2000 20:36:55 -0400
Well, houses were cheaper in 1963 but not THAT cheap.  I bought my first
house just four years later -  in 1967 - a very modest 1000 square-foot
bungalow on a 40-foot inner city lot in Minneapolis for $16,000.  I had
just bought a new Corvair Monze coupe in the summer of '66 for about $2700.
Earlier, I bought a new Morris Minor in 1959 for $1660.  In '68 I bought a
'64 Chevy Bel Air for $1200.  In '73 I bought a new Toyota Corona for
$2714. (Terrible car!) I remember that less than year later the Corona was
up to well over $4000.

Allen

>From: Max Heim <mvheim@studiolimage.com>
>
>Or look at current MBs vs house prices...
>
>S-Class: $90,000
>House that an S-Class owner would be caught dead in: $1.5 million
>
>Does that mean cars are getting (relatively) cheaper?
>
>Actually, I don't think that $10,000 home would have belonged to a
>Gullwing owner in 1963... maybe an MG owner...
>
>Bud Krueger had this to say:
>
>>Yes, indeed, it was intended to be MB, not MG.  It's habit forming.
>>To put the prices in perspective ... at the time you could buy a decent house
>>for about $10,000, so the cars were about half a house.  They're not that
>>much
>>different today when you think of house prices vs. MB 300SL's.
>>
>>Bud
>>
>
>
>--
>
>Max Heim
>'66 MGB GHN3L76149
>If you're near Mountain View, CA,
>it's the red one with the silver bootlid.
>

******************************************
         Allen H. Bachelder  =iii=<
         Sinking Creek Home for Wayward MGs
         49 YT, 57 ZB, 58 ZB, 65 B, 67 BGT, 73 B, 73BGT, 76 B, &...
         New Castle, VA 24127
         USA
         540/544-7333
******************************************



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