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re: Housing prices are alarming

Posted on 6/10/19 at 7:52 am to
Posted by DeafJam73
Baton Rouge
Member since Sep 2010
18679 posts
Posted on 6/10/19 at 7:52 am to
Exactly. Yeah, $50k won’t buy you what it did in 1975, but even then, you had a mortgage.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31492 posts
Posted on 6/10/19 at 9:24 am to
quote:

Exactly. Yeah, $50k won’t buy you what it did in 1975, but even then, you had a mortgage.


And the low home prices were offset by outrageous interest rates. I think my parents bought my childhood home for something like 45k but interest rates were around 18%.

Also, OP is a bit of a moron. Yikes.
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