Re: I liked it better when....

01/16/08 - posted by Frank Dunnigan

Thanks to Cal-Vet loans, my parents paid $42 per month from 1948-1968 for our house on 18th Avenue (which they bought for $13,500--unbelievable!) It now seems incredible that a family could pay off a home in just 20 years on one paycheck. My dad always wished that he could have extended that loan which only charged 1.5% in ANNUAL interest! I can only imagine that lots of houses in the Sunset & the Richmond were financed the very same way.

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