Archived posting to the Leica Users Group, 2014/09/28

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Subject: [Leica] Leica prices
From: lrzeitlin at aol.com (lrzeitlin at aol.com)
Date: Sun, 28 Sep 2014 14:34:01 -0400

A curious choice of venues, although perhaps appropriate for the Leica 
buying crowd. In our fairly affluent part of the Hudson Valley prices for 
the average home have increased from about $40,000 to $250,000 during the 50 
years we have lived in the community. That's only a 6.25 times increase in 
price. At the time a new cheap car cost $3500, the Sunday NY Times sold for 
25 cents, a loaf of bread cost between 10 and 25 cents. Professorial 
salaries at our college started at $10,000 and went up to a magnificent 
$20,000. All these things are about 10 to 12 times greater greater 
today?rather than the 80 times you mention for NYC. So a $2500 film Leica 
might be reasonable. But not a $5000 to $6000 film Leica. Especially since 
all the production machinery has been well amortized.?
Larry Z
?
 Akhil writes:
"Over the same period of time a 'starter' middle class home
in one of NYC's boroughs has gone from ca. 10k to ?800k."