what happens if housing prices go down? people surely didn’t use their newly aquired assets to do loans using that as a guarantee and will pay their mortgage up until the end, so why is it a problem?its only an issue if you're overleveraged and is using housing as investment, which means you are likely not part of the middle class
These "totally organic" threads are all on the front page of /pol/ right now:>>527322984>>527316675>>527320503 >>527313331 >>527316248 >>527313645>>527321359 >>527319010 >>527318414
>>527322984If a bank won't give you a 50/60/70 year mortgage because of your poor credit score and low earnings, then you really don't deserve to own a home, and should be satisfied with being a disenfranchised vagrant with a nice financed car. Simple as.
>>52732298495-97 of all money is created from thin air when someone mortgages themselves to their banker, and the principle is burned on repayment (not interest) we find that new loans are needed to pay old loans since so much money is printed from mortgages houses must always increase as if it didnt there wouldnt be enough new money to pay the old debt.So humanity will return, but their fiat system collapses into mammons natural abode- discivility and avarace
>>527323139The bank steals a penny from every quid holder by printing that mortgage principle from nothing on sign.Neither the borrower deserves the house, nor the lender deserves its interest payments
