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1 posts tagged with "1980s"

4-9-2020 Blog Post

4-9-2020 Blog Post
Real Estate as a Long-Term Investment- In the 1980’s in Oklahoma there were three things happening at one time: a financial crisis with banks failing and unprecedented high interest rates; an oil crisis with production companies and service companies closing their doors and laying off employees; and an agriculture crisis with farmers and ranchers unable to service high interest debt with low commodity prices. It was a process that began in 1983 and hit the bottom around the middle of 1987....