this post was submitted on 15 Feb 2024
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Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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The numbers will determine your fate (lemmy.world)
submitted 8 months ago by The_Picard_Maneuver to c/microblogmemes
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[โ€“] BombOmOm 2 points 8 months ago (1 children)

What is your proposed alternative system? All of this is just an interest rate applied to an outstanding balance. Many less people would own a house without such an option.

[โ€“] [email protected] 2 points 7 months ago

Yeah my parents are vehemently against borrowing money except for a mortgage. Otherwise, how will you save several hundred thousand dollars or more to buy a house in full? Most people can't do that, even over decades.