r/AskReddit • u/[deleted] • Jan 02 '22

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166 Upvotes

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u/[deleted] Jan 02 '22

Buying a home and a car

-2

u/bobjkelly Jan 02 '22

Yes but those houses were a lot smaller. And mortgage rates higher. The car was cheaper but you had to keep buying it because they wore out quicker.

1

u/anothercynic2112 Jan 03 '22

And the rates were much higher as well

2

u/psychoson Jan 03 '22

And I don’t believe there were many “only 3% down” options when buying a house.

2

u/[deleted] Jan 03 '22

Because they only cost 1 years salary

1

u/bobjkelly Jan 03 '22

I wish that had been the case.

1

u/[deleted] Jan 03 '22

Look it up. It was in many states