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<p>[QUOTE=&quot;Legomaster1, post: 3562512, member: 101260&quot;]In 1944, you could buy a house in the Bay Area for $4000. Today, that same house will be worth over $1,000,000. So, in terms of real estate in certain cities/states, our paper money is practically pocket change.</p><p>You would need 10,000 $100 banknotes, or 100 stacks of $100 bills to buy a house (possibly even more!).</p><p>Altogether, the house in the example is worth 250x it&#039;s initial value.</p><p>HOWEVER, it&#039;s not really inflation that did this, but, a real estate bubble. Any inflation calculator will tell you $4000 in the 1940s would be approx. 50/60,000 today.</p><p>It&#039;s hard to answer your question exactly, because there are great inconsistencies with house prices.</p><p>Natural inflation usually follows a steady pattern. Real estate in the Bay Area defies this.</p><p>Around the time of &quot;Little House on the Prairie&quot; and Laura Ingalls Wilder, I would think $0.01 would be like $1 today- if you are asking about purchasing power of money prior to this date, that is the answer to your question.</p><p>(I might gone too deep into real estate comparisons and explanations.)[/QUOTE]</p><p><br /></p>

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