My grandfather bought an apartment from Blackrock on a 200 year mortgage. 1 bed, 1 bath, no car.My family has been paying it off for 80 years now. We're nearly half way there. We're so grateful that we're not renting.And in just 2 more generations, we'll own it outright. We've only paid $8.6 million in interest. The apartment was $500k initially.The apartment's downtown, near GloboCorp where my grandfather used to work. He died at his desk and they forgot to tell us about it. We found out a few weeks later, only because Blackrock starting chasing us for mortgage payments.Sometimes I get sad knowing that I won't see the apartment paid off in my lifetime. But I know we're building Generational Wealth, so that's OK.
>>520992463blackrock was founded in 1988
>>520992463If my family ever left me debt it would be the banks problem
>>520992463
>>520992463Based grandpa.
>>520992535>MIGA reading comprehension
>>520992591You sound black
>>520992591In a way they did and yes it's a bank problem.
