Birdwatch Note Rating
2023-07-07 18:48:09 UTC - NOT_HELPFUL
Rated by Participant: 80E9C5A88DBBB23E528CBF8E35253253D2FD3FD0F9A3314845B3C0157F0C8DD0
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