I blame ScoMo and Immigration for the closure as well as low interest rates, page-46

  1. 8,852 Posts.
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    I am a boomer and I do not remember having it easy
    I do not remember any government handouts like family tax benefit or parenting payment in the 80's
    Working shift work in a steel factory on $400 a week
    $100 went in tax
    $100 went to the mortgage
    $40 to car running costs
    $10 to health insurance
    Left about $150 a week to feed and clothe 6 people
    Plus trying to renovate the old house
    Money was tight
    Then mortgage interest rates hit 18% with no end in sight of a reduction
    OMG the pain the pain
 
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