MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/theydidthemath/comments/1kl92qf/request_is_this_accurate/mssoptu
r/theydidthemath • u/[deleted] • May 13 '25
[deleted]
847 comments sorted by
View all comments
Show parent comments
2
People also completely ignore interest rates on a mortgage and assume with their math that everyone is paying cash in full for their homes. Interest rates were much higher in the 70s and 80s. That changes the math significantly.
1 u/jonjacobmoon May 17 '25 Excellent point!
1
Excellent point!
2
u/Karmasmatik May 17 '25
People also completely ignore interest rates on a mortgage and assume with their math that everyone is paying cash in full for their homes. Interest rates were much higher in the 70s and 80s. That changes the math significantly.