[Texas Eagle]

Ok math whiz: a $85k 30 year mortgage with 12% interest in 1985 actual total cost was $315k.

A $315k 30 yr mortgage today at 3.8% is $525k total.

$315,000 in 1985 is equivalent in purchasing power to about $751,664.36 in 2019.

So it’s cheaper today to buy a median price home🤷🏼‍♂️

[PIF]

The median mortgage rate in 85 was 12% and the median home value was 85k which is 200k in today's money. The median home price today is 315k. Things are more expensive than ever — Random Guy (@PhillyGuy1976) November 10, 2019 Captain Kirk finally had enough … Ok math whiz: a $85k 30 year mortgage with 12% interest in 1985 actual total cost was $315k. A $315k 30 yr mortgage today at 3.8% is $525k total. $315,000 in 1985 is equivalent in purchasing power to about $751,664.36 in 2019. So it’s cheaper today to buy a median price home🤷🏼‍♂️ https://t.co/W0tXSMUjmS — William Shatner (@WilliamShatner) November 10, 2019 He’s dead Jim, DEAD!

[bk1000]

This thread is racist. It has math.

[MV=PY]

Pretty good. Shatner’s a character.

[Still Thinking]

Math is discriminatory, wayciss and gender normative. How can you decide 1+1 isn’t 3??

[Attention Surplus Disorder]

VERY funny Shatner to Geo Lucas @ Lifetime Achievement Award

https://www.youtube.com/watch?v=oEZVwQptvWw&list=PL3C7C208E04294218

[rigelkentaurus]

1985 median income: 22,415
2018 median income: 63,179

85k loan, 20% down, 12.0% interest = principle/interest of 699/mo

315k loan, 20% down, 3.8% interest = principle/interest of 1174/mo

P&I in 1985 consumed 37.4% of gross income
P&I in 2018 consumed 22.3% of gross income

yea, it is so much harder today

[BraveMan]

[Valpal1]

In the service of oversharing, William Shatner was my first childhood crush. Here I am, 50 years later, still crushing on the man.

[Dr. Sivana]

The fellow citing his 21% mortgage said “mid-80s”. That would be more like very early (Carter) 80s, as in 1979-early 1981. The respondent used 1985 (post-Reagan reelection) and got a bad number off of it. Even with the difference, the Shat comes through again.

[gattaca]

He doesn’t take himself so seriously, which is a good thing in this day and age.

[Starstruck]

I got a 11% VA loan in ‘82. I converted into a 5% loan later on. I paid the 30 year mortgage off in 15 even though when I took it I was at the maximum allowable loan at the time. I would add a little extra money each month when I could afford it. I bought the house when I was 35 and paid it off when I was 50. It is worth 6 times what I paid for it. I’m retired with no mortgage. Is a reverse mortgage in my future? Probably won’t need it, but my kid’s will benefit.

[BobL]

One is NOT going to be a Starship Captain without being damn good in math. And so this pretty much eliminates public school products.

[Steve Van Doorn]

looking at his twitter page he really does slap people around. If he didn't have a big name he would've been gone by now as many of us already has. He will eventually realize he is arguing with mostly libs on twitter for a reason

https://twitter.com/WilliamShatner

[LeoTDB69]

And he didn’t even need Mr. Spock to reason this one out. :)

[philman_36]

Phasers were set higher than “Stun”.

[LeonardFMason]

Captain Kirk is 88. Sharp as a tack.

[Right Wing Assault]

The actual headline is "William Shatner takes troll whining about how much HARDER it is for people today APART with simple math".

It is time to send the writer back to grammar class.

[joma89]

More proof of just how indoctrinated and dumb our schools have made these last two generations.

JoMa