Why so many gloom and doomers on this site

Well I'm 66 and I don't miss the 80s when mortgage rates were 15%+, when the dealers ran out of parts for 60s and 70s cars and there wasn't an aftermarket repopping anything. Or the late 70s when I could only buy gas on even days after sitting in line for 2 hours...

These are the good old days as far as I'm concerned.


That’s the thing about dirt low interest rates. A 40k home in 1985 is now an easy half a million. You paid much less for a home with the interest rates where they should be. Right now, your money has virtually no value. That’s why interest rates are so low. You don’t make any money on your money either.