I bought a 3br 2ba 1.7k sqr house in the suburbs in 2017 for 135k and a hybrid car with 10k miles on it for 20k a few years ago. I’m really confused at these numbers. Are people just living outside their means and hoping collectors won’t come knocking? I was making 55k at the time and I had no real financial troubles.
I bought a 3br 2ba 1.7k sqr house in the suburbs in 2017 for 135k and a hybrid car with 10k miles on it for 20k a few years ago. I’m really confused at these numbers. Are people just living outside their means and hoping collectors won’t come knocking? I was making 55k at the time and I had no real financial troubles.
Huh. I wonder what happened between 2017 and today?
https://www.businessinsider.com/personal-finance/mortgages/housing-bubble
Also…
https://www.bankrate.com/mortgages/historical-mortgage-rates/
This has some serious boomer “I paid $25 a credit in college so I don’t see why you are all taking out big loans” vibes to it.
Thats a lot more recent than 1971.
Maybe that’s because they were talking about what changed between 2017 and today.
I’m not a mathematronicist, but I’m pretty sure 1971 came before 2017.