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You'll own nothing and be happy: Eternal Mortgages

submitted by totes_magotes to aII 8 monthsAug 14, 2023 07:56:10 ago (+13/-0)     (archive.ph)

https://archive.ph/dbrXO



6 comments block

Actually he got a good deal. His payment stays the same. High interest is accompanied by high inflation. In a few years his fixed payment (not rate) mortgage will have a payoff value equal to a cup of coffee.