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To: Robert C. Barry who wrote (21879)4/12/2000 7:26:00 PM
From: Tony Viola  Read Replies (1) | Respond to of 25814
 
Robert, >Double digit inflation and mortgage rates kicked in starting about 1978 and lasted through about 1981.

Tell that to my mortgage payment book. 1974 new house, Cupertino CA, 14% mortgage rate, AND 30% down for the pleasure of signing up for it. I don't think any middle class citizens had any money left over for the stock market back then.

Hope you got back into Los Gatos.

Tony