Birdwatch Note Rating
2023-07-07 18:40:23 UTC - HELPFUL
Rated by Participant: 83D0AB7B3F4E7CBEEE0435D51321856DCCB3CB6CEF206B70FBB224F0B83C33B4
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