return2ozma@lemmy.world to News@lemmy.world · 22 hours agoTrump's 50-year mortgage gets default warning from Moody's chief economistwww.newsweek.comexternal-linkmessage-square7fedilinkarrow-up1144arrow-down11
arrow-up1143arrow-down1external-linkTrump's 50-year mortgage gets default warning from Moody's chief economistwww.newsweek.comreturn2ozma@lemmy.world to News@lemmy.world · 22 hours agomessage-square7fedilink
minus-squareZron@lemmy.worldlinkfedilinkarrow-up5·9 hours agoThis is renting, just the bank is your landlord and you’re responsible for all bills and repairs.
minus-squareprole@lemmy.blahaj.zonelinkfedilinkarrow-up2·9 hours agoMaybe more akin to “rent to own” since I guess you (or your children since you’ll probably be dead at that point) will own the property after 50 years.
This is renting, just the bank is your landlord and you’re responsible for all bills and repairs.
Maybe more akin to “rent to own” since I guess you (or your children since you’ll probably be dead at that point) will own the property after 50 years.