Birdwatch Note Rating
2023-07-07 18:26:29 UTC - NOT_HELPFUL
Rated by Participant: 985A108BD60E2B9DAE64B9204FC51D6737A5B1F4F615D45B90FA586EF3E40E2D
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