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In response to "Right? My mother's rate in '79 was something like 18%. " by Mel Profit

my mom told me a story about when they bought the house i grew up in (not their first house), and after 1 year

of living there, she got a statement from the bank showing how much principal and how much interest they had paid in the year. she said the principal was basically zero.

she actually started crying.

my mother is NOT a cryer.


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