Birdwatch Note Rating
2023-07-07 18:35:44 UTC - NOT_HELPFUL
Rated by Participant: 3567C08037AB4013C5697D094F1443EF833CE990B279301904E18EBE5DD9E7B5
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