The slippery slope of increasing oil prices.

Steady · 04-06-2005

WOW! Vick...You hit the nail on the head. I remember the 70's and double digit inflation...I purchased a home at the lowest interest rate possible, 21%.

Today you can purchase a home for just about the same price they were in the 70's. The only difference is, in the 70's they built quality homes. They had to, the interest rates were high, so builders added extras to sell there homes.

Not to stray from the subject...Which I did...I do buy gas at $20.00 a pop. We are sitting at $2.09 a gal. just down the street.

Steady

"Hook-Em-Horns"

04-06-2005	#3
Steady Members Join Date: Mar 2005 Posts: 864	WOW! Vick...You hit the nail on the head. I remember the 70's and double digit inflation...I purchased a home at the lowest interest rate possible, 21%. Today you can purchase a home for just about the same price they were in the 70's. The only difference is, in the 70's they built quality homes. They had to, the interest rates were high, so builders added extras to sell there homes. Not to stray from the subject...Which I did...I do buy gas at $20.00 a pop. We are sitting at $2.09 a gal. just down the street. Steady "Hook-Em-Horns" __________________ ICQ 314168626 Check out our Shared Plans CLICK HERE!