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Average House In The 80S


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Average House In The 80S. Buyers back then had to borrow less, save smaller deposits and spend less of their income on housing. The typical homebuyer is 35, according to the national association of realtors.

Denver’s SingleFamily Homes by Decade 1980s DenverUrbanism Blog
Denver’s SingleFamily Homes by Decade 1980s DenverUrbanism Blog from denverurbanism.com

The typical homebuyer is 35, according to the national association of realtors. The average amount of space per household resident more than doubled in a generation, to 630 square feet (a total of 1,740. Homebuying in the 1980s vs.

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Denver’s SingleFamily Homes by Decade 1980s DenverUrbanism Blog

You won't believe the difference! This rate of change indicates significant inflation. While home buyers in the 80s and early 90s were hit with punishingly high interest rates, house prices were much lower. Housing experienced an average inflation rate of 3.26% per year.

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