Anonymous #1 2d

Lots of shit is completely optional, wtf is your point? Why are certain drugs, all of which are optional for you to use, illegal while others aren’t?

3

Anonymous #2 2d

My point is if you dont want a 50 year mortgage then just dont get one, and if someone wants that over a 30 year then thats kinda on them for being dumb

-1

Anonymous #2 2d

Taxes btw, same reason alcohol became legal again and why weed is becoming more and more legal

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Anonymous #1 2d

Why should we blame people for being taken advantage of instead of the institutions being allowed to take advantage of people

2

Anonymous #2 2d

Why shouldn’t we? Like we both said it’s completely optional and the math is very easy to do

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Anonymous #1 2d

Do u not think the government would make billions taxing drugs that are currently illegal

4

Anonymous #2 2d

Yeah I already said that no?

-1

Anonymous #1 2d

It’s not always optional though, especially for people who can’t afford a a 10-year mortgage. Should they just not buy a house instead of being “dumb” and signing up for a predatory 50 year mortgage?

2

Anonymous #1 2d

So why haven’t illegal drugs like cocaine and Hardin been made legal then

3

Anonymous #2 2d

Yeah I mean if you completely leave out 15-20-30 year mortgages. Not sure why you’d do that

-1

Anonymous #2 2d

If you cant do the math on a 50 year mortgage then maybe you shouldn’t be in the market to buy a house in the first place

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Anonymous #1 2d

Why add 50 year mortgages since the others already exist

2

Anonymous #2 2d

Because people will buy them

-1

Anonymous #1 2d

People buy stupid shit all the time

-1

Anonymous #1 2d

An impulsive PS5 purchase is insanely different than signing up to pay a bank hundreds of dollars for the rest of your life and you know that.

2

Anonymous #2 2d

Well nobody said PS5, what about buying a strawman?

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Anonymous #1 2d

Bruh. I gave an example of a stupid thing someone might purchase, that’s not a strawman and you know it

2

Anonymous #2 2d

If someone wants a 50 over a 30 year. Why shouldn’t they be allowed to do so?

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Anonymous #2 2d

Just like you dialed in on 10 year mortgages for a point and left out 15,20.30 year ones

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Anonymous #1 2d

Nobody wants a 50 over a 30 year. They sign up for a 50 year because they see the smaller per month number. Thats predatory and wrong

4

Anonymous #2 2d

Yeah, they are *wanting* to pay less per month over a longer time

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Anonymous #1 2d

This discussion has devolved into you having to cling onto single words I’ve said because you’ve got nothing substantive to say. Those corporate boots you’re licking must have sugar on them to make you think it’s okay to blame desperate people for being taken advantage of

4

Anonymous #1 2d

But the issue is that they DON’T pay less in the long run and that fact is glossed over by the banks luring them into these insanely long mortgages with the promise of less money per month.

3

Anonymous #1 2d

It’s because their hands are tied. The cost of buying a home has skyrocketed and its well passed the median income a person in America makes. A 3 bed 2 bath home (the most common home type) can literally go for $375,000 in this economy. Meaning you would need to make $120, 000 a year to qualify, how many Americans are making that a year? So of course reluctantly and against their will/better judgment they will take the 50 year mortgage.

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Anonymous #2 2d

You can call it whatever makes you feel morally superior. I have made my point very clear and concise, if someone wants to pay less per month over a longer time I think they should be allowed to do so. They’re an adult nobody needs to baby them Same thing if someone wants to buy a car and get a 90 month loan

-1

Anonymous #2 2d

It’s literally some of the simplest math, nobody is saying they end up paying less over ___ amount of time. Genuinely the math is done on a calculator with 3 steps

-1

Anonymous #2 2d

Anyways go eat a urinal cake

6

Anonymous #2 2d

I dont think someone with less than an 8th grade education is buying houses

-1

Anonymous #1 2d

You severely overestimate the American education system 💀

1

Anonymous OP 2d

Exactly. #1 acting like people “want” this shit when in fact they are all but being forced into predatory situations because corporate institutions aren’t being told it’s wrong to prey on their desperation. It’s fking evil

1

Anonymous OP 2d

The difference between a 30 and 50 year mortgage on a house of around $415,000 (median) is like $146 a month. (On a $2831 monthly mortgage payment)

-1

Anonymous #2 2d

“Forced into” a mortgage that is around $146 a month less btw. That is like 5% less a month than a 30 year

0

Anonymous #2 2d

So with these severely uneducated and dumb people. Should we make sure they dont spend their money unwisely in other categories as well?

0