Windham Life & Times November 19, 2021

Windham Real Estate 1970’s-80’s

Incredibly Low Prices…Extraordinarily High Interest Rates

Just a silly notice because the last time I did this, somebody  thought the homes were for sale: THESE HOMES ARE NOT ACTUALLY FOR SALE. They are from old advertisements of our listings that were for sale with astoundingly low prices in the 1970’s  –  90’s. In the early 1980’s interest rates topped out at about 18%, because Federal Reserve Chairman Volker was trying to tame run-away inflation. Remember President Ford’s WIN campaign? Whip Inflation Now! It was totally ineffective and inflation lasted into the early 1980’s.

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