RE:RE:RE:RE:MortgagesInflation was not that high in Canada @kurtwalter ?.
Gasoline was more affordable compared to now, homes prices were also compared to wages back then.
Point im making only is:
buying a vehicale was more affordable compared to now now many people lease/rent a vehical never owning ?
Interest rates doubled on less then 4 yrs, late 70's to crash of 81
same problem we have now last few years I think this time is going to be worse much more worse some experts are predicting
Time will tell lets have this chat in 12 to 18 months Hope Im wrong!.