Birdwatch Note Rating
2023-07-07 15:29:13 UTC - HELPFUL
Rated by Participant: D2B43FCDAC8E6E4601F0CE2D9E368251C0131C95CA8F455B22F65D61D7129203
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