Birdwatch Note Rating
2023-07-07 14:03:21 UTC - HELPFUL
Rated by Participant: 9BEEAB6A9588E8E20262B07D77D4BFE6231C2CC0393C5BEFE11DD8735280B8E4
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