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If only... (lemmy.world)
submitted 1 day ago* (last edited 14 hours ago) by Stamets@lemmy.world to c/whitepeopletwitter@sh.itjust.works

It's stunning how many people seem to forget that there are other countries on the planet that use dollars and weren't involved in Vietnam. No, I'm not making an assumption. The person who posted this is Canadian.

Y'all really need to take a step back and reflect a little bit.

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[-] skisnow@lemmy.ca 2 points 18 hours ago

When my parents bought in the UK in the early 80s, the average family house was £20k. But mortgage rates at the time were ~20%, meaning you had to pay £4k per year just to cover the interest alone, and the average salary was below £6k.

Yes, interest came back down after a few years, but a lot of people learned about Negative Equity during those years.

this post was submitted on 12 May 2025
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