Subject: Re: Berkshire and Tariffs
Another view; interest rates are much lower now than they were then.

Wow. You need to review history. 1980's where tough times and mortgage rates were MUCH higher than now. Google it, or just look at what came up when I did:

AI Overview

In 1988, the average 30-year fixed-rate mortgage was 10.38%. This was slightly lower than the 10.40% average in 1987 and the 10.39% average in 1986.


The answer isn't always "You had it so much easier then." Rates today are quite normal to good. What was unusual is the very low rates of recent history.

IP