MTZ@lemmy.world to Lemmy Shitpost@lemmy.world · 4 days agoBank Workers, Rejoice!lemmy.worldexternal-linkmessage-square205fedilinkarrow-up11.23Karrow-down112
arrow-up11.22Karrow-down1external-linkBank Workers, Rejoice!lemmy.worldMTZ@lemmy.world to Lemmy Shitpost@lemmy.world · 4 days agomessage-square205fedilink
minus-squaretempest@lemmy.calinkfedilinkarrow-up3·3 days agoI’m pretty sure interest only mortgages already exist in some places.
minus-squareDevjavu@lemmy.dbzer0.comlinkfedilinkarrow-up15·3 days agoAlmost, it’s just now you also have to pay for renovations and stuff yourself.
minus-squarePrettyFlyForAFatGuy@feddit.uklinkfedilinkarrow-up8·edit-23 days agoYou do get to keep any growth in the value of the property too Or eat any loss in the value of the property
minus-squareFluxUniversity@lemmy.dbzer0.comlinkfedilinkአማርኛarrow-up2·2 days agodefine “keep” if you cant ever put your name on it
minus-squareSwedneck@discuss.tchncs.delinkfedilinkarrow-up1·edit-22 days agotranslated: you get to fleece the next person who wants to own a house in an utterly fucked housing market
minus-squareredundantgrouch@sh.itjust.workslinkfedilinkarrow-up4·3 days agoCool. Put it on my credit card.
I’m pretty sure interest only mortgages already exist in some places.
Isn’t that just renting?
Almost, it’s just now you also have to pay for renovations and stuff yourself.
You do get to keep any growth in the value of the property too
Or eat any loss in the value of the property
define “keep” if you cant ever put your name on it
translated: you get to fleece the next person who wants to own a house in an utterly fucked housing market
Cool. Put it on my credit card.