For the past decade, we’ve been watching the price of real estate escalate, seemingly without an end in sight. Some houses seem to double every decade, and, despite the increases, there appears to be no shortage of eager, willing buyers.
So why are we so surprised when GT350s, worth $50,000 five years ago, routinely sell for $200,000? Or when Z/28s, worth $35,000 in 2003, go for $100,000?
A great deal of the increase in values is due Read More