Birdwatch Note Rating
2023-07-07 16:36:03 UTC - NOT_HELPFUL
Rated by Participant: BB34D73492ED986AB8F8F3DE63C0FEF7FDD7A358BE5BD96F6EEB5D86D665BE9D
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