this post was submitted on 03 Mar 2025
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Who owns the boats? (lemmy.world)
submitted 3 days ago by [email protected] to c/whitepeopletwitter
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[–] [email protected] 8 points 2 days ago* (last edited 2 days ago)

At the height of being poor in like '83 or so (mortgage rates to 17%; just ponder that)

FWIW A mortgage payment at 17% interest on the $20,000 my parents paid for my childhood three bedder in 1980 was cheaper than a single mortgage payment i make today.