3 ms·
If they financed $1M @3%, they're printing about 5% a year (negative 5% real interest). That's 1.5M free money in 30 years. So really they're just asking you
by beaeglebeachedd 2y ago
If they financed $1M @3%, they're printing about 5% a year (negative 5% real interest). That's 1.5M free money in 30 years. So really they're just asking you to buy out their opportunity cost of the feds free wealth redistribution from property non-owners to owners circa COVID.