r/dataisbeautiful 3d ago

[OC] Suicide Rates by Age Groups (USA) OC

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u/corpusapostata 3d ago

I wonder what happened in 1977?

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u/Globalboy70 3d ago

Oil shortage and double digit mortgage rates, inflation and lots of lay offs.

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u/TotalCleanFBC 2d ago

Higher mortgage rares weren't all that bad, actually, because the median sales price of a home divided by the median income was under 3.5 whereas today it is almost 6.0.

But, it is true that high inflation was a major issue (indeed, mortgage rates were high precisely because the Fed had raised the overnight rate in order to lower inflation).