This article analyzes the performance of the California housing market during Jimmy Carter's presidency (1977-1980), comparing it to subsequent administrations. It explores the impact of economic factors like inflation, job growth, and interest rates on housing prices.
Chris Mapes, from Iowa, signs a condolence book for former President Jimmy Carter in the lobby of the Richard Nixon Library & Museum in Yorba Linda, CA, on Monday, Dec. 30, 2024. (Photo by Jeff Gritchen, Orange County Register/SCNG) Carter's presidency (1977-1980) saw a significant increase in property values despite high inflation. This period, characterized by a booming economy, witnessed a 20% increase in California jobs and a 50% rise in per capita incomes.
The article compares California housing market performance during Carter's term with subsequent presidencies, highlighting the impact of economic policies on home prices and interest rates. It examines trends under presidents George W. Bush, Ronald Reagan, Bill Clinton, Barack Obama, Joe Biden, and Donald Trump, illustrating the fluctuations in housing values and mortgage rates
Housing Market California Economy Jimmy Carter Inflation Interest Rates
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