View Single Post
  #6  
Old Posted May 9, 2012, 2:22 AM
Doug's Avatar
Doug Doug is offline
Registered User
 
Join Date: Jul 2001
Posts: 10,047
Both interest and unemployment rates were in the double digits back in 1984. If you look at the total cost of carrying a mortgage, price increases are probably still above inflation but nowhere near as bad as presented. The real steals on housing were in the mid 90s coming of a recession with moderate interest rates and barely any price increases in a decade.

How much of the increase in student debt is related to tuition and how much is related to the fact that most students in recent years take 5 years to complete a degree and seem to think that does not make them laggards? Plus, how much of the debt is related to lifestyle? I laughed out loud after watching an interview with one of those ridiculous Quebec protestors whose suit must have cost a year's tuition (although in other provinces it would only be half a year's tuition).
Reply With Quote