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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: InParadise   😊 😞
Number: of 21941 
Subject: Re: Berkshire and Tariffs
Date: 04/11/25 9:53 AM
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Another view; interest rates are much lower now than they were then.

Wow. You need to review history. 1980's where tough times and mortgage rates were MUCH higher than now. Google it, or just look at what came up when I did:

AI Overview

In 1988, the average 30-year fixed-rate mortgage was 10.38%. This was slightly lower than the 10.40% average in 1987 and the 10.39% average in 1986.


The answer isn't always "You had it so much easier then." Rates today are quite normal to good. What was unusual is the very low rates of recent history.

IP
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Members reply directly to InParadise here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 21,448 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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