Economically horrible. But at least we felt confident we could wait it out and the next election would fix it. It did. And everyone still knew what a woman was.
As pointed out in one of Tucker's interviews, Democrats don't know who a woman is and say gender is fluid, but we're supposed to vote for Commiela for her huge accomplishment of being a woman.
I bought my first property in northern California in 1972. Interest for the new loan was 2.2%, and I was able to assume an earlier loan (about half the total) at 1.7%. The rental incom from the tiny shack outback covered the entire mortgage on the big house and store building. Those were the days... wish I'd never sold that place. I'm told by some who now know the area it would probably fetch close to seven figures. My price to buy was about $12K. Would have been the est retirement plan ever.
Of course, to have kept it I would almost certainly have continued to live in that forsaken corrupt insane state. No price or profit could induce me to go back. The Gabbling Nuisance is only a small part of why.
Bought a car with a loan. Actually made money on it. But trying to find a job was really hard. Miserable but amazing time. It led to President Reagan the 1980’s, victory in the Cold War. Let’s hope we can do it again.
I wonder if your great aunt realized that in 1983, Joe Biden voted to tax Social Security. Then, in 1993, he voted to raise the tax on Social Security from 50% to 85%. This is according to a tweet by. Rep. Thomas Massie.
I remember the Carter misery years.
Purchased a home using my VA benefits and the interest rate was 12%.
New car loans were 16%.
We didn’t have VA benefits. Purchased a home in South Florida in ‘81. The interest rate was 21%. He was the worst president ever until Obama/biden.
I suffered through that same 21% rate. Refinancing could not have come soon enough.
You'd think people wouldn't vote dem just for that reason.
You still in SO FLO? I am working on cashing out of here. As much as I love the place I was raised, it isn't that place anymore.
Economically horrible. But at least we felt confident we could wait it out and the next election would fix it. It did. And everyone still knew what a woman was.
As pointed out in one of Tucker's interviews, Democrats don't know who a woman is and say gender is fluid, but we're supposed to vote for Commiela for her huge accomplishment of being a woman.
Yes our interest rate when we bought out house in 1990 was 11 3/4%, interest rates were high for a LONG time.
Ours was close to 14% in 1986 and only that, lower than fixed rate, because we picked a 5 year ARM.
I bought my first property in northern California in 1972. Interest for the new loan was 2.2%, and I was able to assume an earlier loan (about half the total) at 1.7%. The rental incom from the tiny shack outback covered the entire mortgage on the big house and store building. Those were the days... wish I'd never sold that place. I'm told by some who now know the area it would probably fetch close to seven figures. My price to buy was about $12K. Would have been the est retirement plan ever.
Of course, to have kept it I would almost certainly have continued to live in that forsaken corrupt insane state. No price or profit could induce me to go back. The Gabbling Nuisance is only a small part of why.
SELLER-FINANCED loans back in 80' or pay high teens for for interests.
Miserable times, but we found our way around it by bypassing the system.
I had a 13% mortgage interest rate.
…BUT I purchased a CD that paid 15% interest. Best I can get me is 5%
Bought a car with a loan. Actually made money on it. But trying to find a job was really hard. Miserable but amazing time. It led to President Reagan the 1980’s, victory in the Cold War. Let’s hope we can do it again.
Not going to happen
I was a teenager during the Carter years and I put all my money in a six month CD at 16%. I was able to buy my first car once I cashed it in.
My great aunt loved it, because she said they made “a killing” on their CDs. I think CDs were paying around 15-17%. Oh, she loved Joe Biden, too.
I remember the folks making bank on their CDs.
Yep!! My husband’s grandparents made a killing with those rates!
Some S&Ls, which eventually folded, were paying 21-22 percent. The more risk, the higher the interest rate.
Yes, if you were old enough to already be established, then the high interest rates were a bonanza.
I wonder if your great aunt realized that in 1983, Joe Biden voted to tax Social Security. Then, in 1993, he voted to raise the tax on Social Security from 50% to 85%. This is according to a tweet by. Rep. Thomas Massie.