Birdwatch Note Rating
2023-07-07 20:57:06 UTC - HELPFUL
Rated by Participant: 24040EE64D71C29C6DC99EEEF284BBE7F544AE4A04154280622AF79D2CFCEE88
Participant Details
Original Note:
Based on the inflation calculator from officialdata.org; in Canada, $10,800 in the year 1981 (when mortgage rates reached 18%+) equates to $33,005 in today’s dollars. Additionally, forms of credit to finance other purchases in 1980’s weren’t as plentiful and harder to access. https://www.officialdata.org/canada/inflation/1980?amount=10800
All Note Details