Birdwatch Note Rating
2023-07-07 14:30:05 UTC - HELPFUL
Rated by Participant: 92DB1BF769AB1D40D36227DB9C47BFCE1CD68647ED486940049899931D4B56EB
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