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re: Bidenomics is paying off
Posted on 5/16/24 at 2:53 pm to chryso
Posted on 5/16/24 at 2:53 pm to chryso
quote:
1978 laughs at your 7%
My ex FIL said he was paying like 18% interest on his home back in the early 80's. I like to remind the younger generation about this when they say housing was so much cheaper back then. Sure, his house cost $40K brand new but his mortgage was $700/month when he was only bringing in $1,000 and he was the sole income for a 4 person family.
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