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Reply to "Why do people think Boomers had it so good?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I purchased my first home in 1986 with a mortgage rate of 11%.[/quote] For like 10k[/quote] This is seriously exaggerated. My family bought our south Arlington home in 1976 for 30K, in a neighborhood suffering from white flight. It was NOT a nice neighborhood and definitely did not get any nicer. 30K was a lot of money back then. They had to borrow from their network to make the downpayment.[/quote]
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