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I wish that I could get negative interest on my mortgage; guess that only central banks can get away with this practice.
by MichaelMoser123 5y ago
I wish that I could get negative interest on my mortgage; guess that only central banks can get away with this practice.
- HWR_14 5y agoPut all the ideas together. A negative-interest, infinite duration fixed rate mortgage. That's what I want!
- deegles 5y agoEssentially: basic income!
- hnarn 5y agoWe already have basic income, it's just reserved for the rich.
- MichaelMoser123 5y agoIn Israel we have had hyperinflation in the early eighties, I was told that some people got lucky on their mortgage, but only if it was an old deal that was not adjusted for inflation. (don't know if it is true, actually)