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re: interest rates on home mortgages wont fall anytime soon

Posted on 7/25/23 at 4:29 pm to
Posted by Bayou_Tiger_225
Third Earth
Member since Mar 2016
10862 posts
Posted on 7/25/23 at 4:29 pm to
How much did you pay for that home in 1981?

Let’s get those numbers to determine who is actually blessed. Imma go out on a limb and say it isn’t who you think it is.
Posted by doubleb
Baton Rouge
Member since Aug 2006
36310 posts
Posted on 7/25/23 at 4:48 pm to
quote:


How much did you pay for that home in 1981? Let’s get those numbers to determine who is actually blessed. Imma go out on a limb and say it isn’t who you think it is.


Ya’ll were blaming me for interest rates not the cost of homes.
I paid $346.00 for a 19” RCA XL 100 in 1973.
Paid on time. It took me two years. What can you get for 346 dollars now?

I built the 82 home myself so I saved money.

My starter home was $36,600.00. 1600 square feet with a nice yard. I did my own landscaping. I didn’t have cable, internet connection, fire alarm system, security system, and all the amenities available now.

Sure a 1600 square foot home would cost way more than that now, but salaries are much higher now.
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