Birdwatch Note Rating
2023-07-07 19:21:41 UTC - SOMEWHAT_HELPFUL
Rated by Participant: AB29F0AE3235D18DDF039F1F4F7D7A22FEB50FFF9637AEBFE07DB73368591E89
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