Birdwatch Note Rating
2023-07-07 17:06:45 UTC - NOT_HELPFUL
Rated by Participant: 7DA12F197FB2690F8D21C27B3934A32387E1BF4EE9609E8B2B9954CCFCFF1B57
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