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To: algore

I remember MORTGAGE rates of near 18% in the early Reagan years.

Tell me again about how current credit card rates are worse than that.


6 posted on 12/08/2024 9:53:00 PM PST by Don W (When blacks riot, neighborhoods and cities burn. When whites riot, nations and continents burn)
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To: Don W

“ I remember MORTGAGE rates of near 18% in the early Reagan years.

Tell me again about how current credit card rates are worse than that.”

Reagan years. What?

My parents house was 82k in the Reagan years when they downsized. Taxes in that hood were 5k per year. Now the house is 1-5 mil. Taxes 20 k per year. What does the interest rate matter? They had mortgage insurance. When my father died my mother owned the hose. Boom.

I paid $4k for my entire science degree. That school is 40k tuition now

$800 for a VW bug then 3 k for a nice Japanese car that got me around for the next 5 years. Cash

The apartment I had in Manhattan was 200 per month

I saved a boatload of money. Bout this house for a quarter of what it’s worth now

My friends’ kids are all paying 450 k for crap houses. Everyone works. I stayed home with my kids

These grammar school
Aged kids and the toddlers all have a 1,000 yard stare. No one’s there for them. Moms work. Law school. Med school. No school trade school military. All of them


8 posted on 12/08/2024 11:16:25 PM PST by stanne
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To: Don W

I remember the 18 % mortgage rate as well. it only lasted a short time before beginning to fall. I do not remember credit card rates of 29.99% however.


14 posted on 12/09/2024 5:10:38 AM PST by hinckley buzzard ( Resist the narrative.)
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