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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.