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re: Ryan Reynolds gives his opinion about the '80s
Posted on 9/4/26 at 7:26 am to BWHLSU
Posted on 9/4/26 at 7:26 am to BWHLSU
quote:
Let's just take mortgage interest rates as an an example. People would riot today
surprised you are the first person to bring this up. they were awful
18.45% in October 1981
1980: 13.74%
1981: 16.64%
1982: 16.04%
1983: 13.24%
1984: 13.88%
1985: 12.43%
1986: 10.19%
1987: 10.21%
1988: 10.34%
1989: 10.32%
This post was edited on 9/4/26 at 7:32 am
Posted on 9/4/26 at 7:43 am to sgallo3
quote:
surprised you are the first person to bring this up. they were awful
But house prices weren't. I bought my first house in 92 I think at 8% for 3X my salary as a young engineer. It was new construction, 1900 3/2 in a nice neighborhood that's still nice to this day.
Posted on 9/4/26 at 7:45 am to Demonbengal
quote:
Clearly a Canadian point of view. The 80’s were phenomenal. BTW, I bet he enjoyed the 80’s as well. There’s war and strife in every decade somewhere, but I don’t recall Ontario getting ravaged that much.
Reynolds grew up in Vancouver not Ontario.
Posted on 9/4/26 at 7:54 am to Kafka
Particularly the Left loves to dunk on the 50's because for a great many reasons, it was in fact and undeniably a great decade for the USA. Europe, Russia and Japan had been laid waste by WW2. In comparison, the USA wasn't impacted nearly as much, not in population decrease, infrastructure and food production virtually untouched, and we had an awakening industrial boom as factories switched from mass producing tanks, planes and ammo to washing machines and cars.
The Marxist Left had a vested interest in throwing shade on the 50's by inflating the 'muh racism' issues because that was such an emotional hot button. They do this simply to destabilize the country. And sadly, it worked.
The Marxist Left had a vested interest in throwing shade on the 50's by inflating the 'muh racism' issues because that was such an emotional hot button. They do this simply to destabilize the country. And sadly, it worked.
This post was edited on 9/4/26 at 7:54 am
Posted on 9/4/26 at 7:59 am to SouthEasternKaiju
quote:
The Marxist Left had a vested interest in throwing shade on the 50's by inflating the 'muh racism' issues because that was such an emotional hot button.
They could only dream of being as effective as the Roots miniseries.
Posted on 9/4/26 at 8:03 am to Flats
MF'n Joe McCarthy was right! Hollywood was and is filled with Marxist types who are fully on board with subverting Western culture. Anyone can write a book, but who do you think decides on which books get made into TV shows and movies??
Hollywood.
Posted on 9/4/26 at 9:38 am to Fewer Kilometers
I'm sure the 80s were relatively good for most people but with shite like the AIDS epidemic the outbreak of shite like crack cocaine, major race problems that boiled into the 90s, and of course the threat of nuclear war I'm sure it wasn't great for everyone.
Not surprised lots here seem to be looking at the decade with rose tinted glasses
Not surprised lots here seem to be looking at the decade with rose tinted glasses
Posted on 9/4/26 at 9:40 am to SouthEasternKaiju
quote:
Marxist Left had a vested interest in throwing shade on the 50's by inflating the 'muh racism' issues because that was such an emotional hot button
Yeah black people not being able to be in certain white spaces was just a minor issue
Posted on 9/4/26 at 9:42 am to NighthawkDawg
Two alters and sgallo defending the cuck Canadian 
Posted on 9/4/26 at 10:15 am to NighthawkDawg
quote:
I'm sure the 80s were relatively good for most people but with shite like the AIDS epidemic the outbreak of shite like crack cocaine, major race problems that boiled into the 90s, and of course the threat of nuclear war I'm sure it wasn't great for everyone.
Not surprised lots here seem to be looking at the decade with rose tinted glasses
Were you alive in the '80s? No era is ever good for everyone. That's a simplistic way of looking at things. AIDS was a gay disease, crack was an inner city problem, there were no major race issues, and the nuclear threat wasn't something people dwelled on.
Posted on 9/4/26 at 10:30 am to LNCHBOX
quote:
sgallo defending the cuck Canadian
how is posting statistically factual mortgage info to expand on something another poster said "defending the cuck canadian"?
are you really that sensitive?
This post was edited on 9/4/26 at 10:35 am
Posted on 9/4/26 at 10:35 am to NighthawkDawg
quote:
Yeah black people not being able to be in certain white spaces was just a minor issue
I'm NOT saying segregation was right (it wasn't). But in the overall context one could argue it was a minor issue relative to the country as a whole. The US black population at that time was ~10%. And generally, the segregation was largely limited to ~10 or so states in one part of the country. That means from a sheer, unemotional math perspective, the overwhelming majority of American citizens at that time weren't effected by segregation at all on a day to day basis.
Posted on 9/4/26 at 10:42 am to Saint Alfonzo
I can't speak for those who were adults in the 1980's. Maybe times were tougher for them than I remember. If you were a kid though, the 80's were fricking lit.
Posted on 9/4/26 at 10:56 am to sgallo3
quote:
how is posting statistically factual mortgage info to expand on something another poster said "defending the cuck canadian"?
Posted on 9/4/26 at 11:05 am to NighthawkDawg
quote:
Yeah black people not being able to be in certain white spaces was just a minor issue
If you truly believe that segregation is what made the 50s great, then you have lost the plot.
First, none of that has anything to do with the reasons I did list. Secondly, it’s very clear that those issues were going to work themselves out eventually, without the need of violent , social upheaval .
Posted on 9/4/26 at 11:10 am to LNCHBOX
quote:
I'll take $80k houses at 13% over current day, and so would you. Posting only the rates is a bad faith argument. You know exactly what you're doing, or you're an idiot. Either way.
80k in 1981 is 294k today.
A 294k house on 13% interest ends up costing $1,170,801 on a 30 year mortgage compared to 683k at current rates.
The housing market may not have been as bad as right now, but it was much worse than the 90s. Home sales dropped 50% from 1978 to 1982
This post was edited on 9/4/26 at 11:12 am
Posted on 9/4/26 at 11:59 am to sgallo3
quote:Cool, now do the inflation calc for average salary in 1985 vs today and how much of your salary is required to make those payments.
80k in 1981 is 294k today.
A 294k house on 13% interest ends up costing $1,170,801 on a 30 year mortgage compared to 683k at current rates.
The housing market may not have been as bad as right now, but it was much worse than the 90s. Home sales dropped 50% from 1978 to 1982
Bad faith or an idiot, which is it?
Posted on 9/4/26 at 12:20 pm to dallastigers
quote:
If you have crime rate data that correct for Biden’s Autopen changes to reporting and reporting requirements
This is not a serious response.
You should go educate yourself on the point before you make it the backbone of your post.
Posted on 9/4/26 at 12:26 pm to LNCHBOX
quote:
Cool, now do the inflation calc for average salary in 1985 vs today and how much of your salary is required to make those payments.
Bad faith or an idiot, which is it?
The average or median income in the United States in 1982 was approximately $19,000 to $23,430 per year.
So an 80k home at 13% with a 30 year mortgage totaling 318.5k wouldve been about 15 years median income.
This post was edited on 9/4/26 at 12:27 pm
Posted on 9/4/26 at 12:43 pm to sgallo3
Can't ever just answer the question huh? The answer is that the average home now costs roughly 5 times yearly income compared to around 3.5 back then. And there's been a sizeable increase in the number of dual income households over that times, so if it was truly apples to apples, that gap would be even larger.
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