The Picard Maneuver@lemmy.world to Microblog Memes@lemmy.worldEnglish · 9 months agoThe numbers will determine your fatelemmy.worldimagemessage-square282fedilinkarrow-up11.39Karrow-down122
arrow-up11.37Karrow-down1imageThe numbers will determine your fatelemmy.worldThe Picard Maneuver@lemmy.world to Microblog Memes@lemmy.worldEnglish · 9 months agomessage-square282fedilink
minus-squareRetrograde@lemmy.worldlinkfedilinkEnglisharrow-up5·9 months agoWhy aren’t these practices considered criminal?
minus-squareRobertoOberto@sh.itjust.workslinkfedilinkEnglisharrow-up7·9 months agoBecause the people and organizations with the capital to loan out millions of dollars for house purchases are the ones who make the rules.
minus-squareBombOmOm@lemmy.worldlinkfedilinkEnglisharrow-up2·9 months agoWhat is your proposed alternative system? All of this is just an interest rate applied to an outstanding balance. Many less people would own a house without such an option.
minus-squareMacN'Cheezus@lemmy.todaylinkfedilinkEnglisharrow-up2arrow-down8·9 months agoRemoved by mod
Why aren’t these practices considered criminal?
Because the people and organizations with the capital to loan out millions of dollars for house purchases are the ones who make the rules.
What is your proposed alternative system? All of this is just an interest rate applied to an outstanding balance. Many less people would own a house without such an option.
Removed by mod