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Re: We purchased our two flat in July, 1983 for $89K with $6K down on a HUD 15-yr note @ 11-1/4%, Mark Mark49  06-25-2008, 8:57 PM | Post #2532624
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Correct in the early 80's, Flakey, but that was what it took to break the back of inflation and 20% interest rates which started in the 70's. Reagan and Volker did what was necessary to give us low inflation and low interest rates. That's leadership.

Mark 

Topics inflation interest rates View Complete Thread
 
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