And that $40, 000, if the dollar a if the CPI had increased such that the dollar was only worth 50 cents compared to the dollar at the start ... Because there has been a 100-percent inflation expressed at that time, that is $48, 000. ... How much more would the homeowner pav with a real-dollar mortgage in real terms than the homeowner who has a conventional 14-percent mortgage over the full 20 years?
|Title||:||Housing and Community Development Amendments of 1980|
|Author||:||United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Housing and Community Development|