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On 2007-06-19, Matt Barrow wrote:
If you correct the costs from the 1960s to today's with inflation, you'll find the cost in real terms hasn't changed. Do you have some stats to support that? It's difficult to compare exact like for like, but, reposting from an earlier message, comparing club prices of 1970 with club prices of 2007: (on the decline of GA) snip On 2007-05-23, birdog wrote: Why? My opinion, it's the expense. In the '60's and early 70's, our club used to fly an old Champ for $4 an hour and a 172 for $16 an hour, wet. And my reply: $16 hr wet in 1970 dollars is $85 wet in 2006 dollars. The Bay Area Aero Club in Houston, which I used to be a member of, rents its 172 out at $75 hr today. So the price in real terms has actually fallen. snip http://www.westegg.com/inflation/ - an RPI calculator. -- Yes, the Reply-To email address is valid. Oolite-Linux: an Elite tribute: http://oolite-linux.berlios.de |
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![]() "Dylan Smith" wrote in message ... On 2007-06-19, Matt Barrow wrote: If you correct the costs from the 1960s to today's with inflation, you'll find the cost in real terms hasn't changed. Do you have some stats to support that? It's difficult to compare exact like for like, but, reposting from an earlier message, comparing club prices of 1970 with club prices of 2007: (on the decline of GA) snip On 2007-05-23, birdog wrote: Why? My opinion, it's the expense. In the '60's and early 70's, our club used to fly an old Champ for $4 an hour and a 172 for $16 an hour, wet. And my reply: $16 hr wet in 1970 dollars is $85 wet in 2006 dollars. The Bay Area Aero Club in Houston, which I used to be a member of, rents its 172 out at $75 hr today. So the price in real terms has actually fallen. snip What year is that 172? When I was renting them in the 1979-1981 range, it was maybe a year old model. Try that today. |
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