3 ms·
Everything. But what is the real alternative? Renting, with the risk of rent going up and become unbearable? I know quite a few “mindless borrowers” who did ul
by alanfranz 2y ago
Everything. But what is the real alternative? Renting, with the risk of rent going up and become unbearable?
I know quite a few “mindless borrowers” who did ultimately “win”: their house price increased a lot and so they are now sitting on a house which has a much higher value when compared to their mortgage. They could sell and realize a huge profit.
Basically, the system invites people to gamble.