return2ozma@lemmy.world to Lemmy Shitpost@lemmy.world · 17 hours agoBoomers scolding us about how they were able to buy a house working at a gas station...lemmy.worldimagemessage-square60fedilinkarrow-up1381file-text
arrow-up1381imageBoomers scolding us about how they were able to buy a house working at a gas station...lemmy.worldreturn2ozma@lemmy.world to Lemmy Shitpost@lemmy.world · 17 hours agomessage-square60fedilinkfile-text
minus-squarebstix@feddit.dklinkfedilinkarrow-up2·2 hours agoIt’s because your landlord never paid for it. The bank did. You’re paying the interest on his loan.
minus-squareBCsven@lemmy.calinkfedilinkarrow-up2·1 hour agoThey mean if they sold it now they’d have 50 years of rent now, instead of waiting 50 years to accumulate that amount. All that money now is worth more then getting it later.
It’s because your landlord never paid for it. The bank did. You’re paying the interest on his loan.
They mean if they sold it now they’d have 50 years of rent now, instead of waiting 50 years to accumulate that amount. All that money now is worth more then getting it later.