
Dudeeeeee
@dudeeeeee25144
ID: 1731786876300742658
04-12-2023 21:25:48
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John Ekdahl The β16% mortgage rateβ argument is a textbook example of historical distortion through omission. Letβs break the illusion: Yes, rates were 16% in 1981 - for a few quarters. But the median home price was $70K. And median income was about $21K. Thatβs a 3.3x price-to-income






