In the mid-1970's my parents bought a nice home in the suburbs. I remember at the time that the purchase price was about the same as a Cessna 172 at the time. Decades later and the same home is now valued in the upper 300 to lower 400K range. About the same as a new Cessna 172 today.

The thing that is different is that we lost 18 years of plane production during the 1980's and 1990's. As such we have sticker shock since we have not had anything new to look at in recent memory. In addition GA is missing 18 years of used inventory to help bridge the gap.

All we have really is old 1970's junk and very new 2000 and up. It is kind of discouraging for the new generation who is not comfortable with older stuff like that.

Skyhigh