Loans in general are bullshit, particularly when done outside of a business context.
If people can't afford homes because they don't have X hundred thousand dollars in the bank then homes shouldn't cost X hundred thousand dollars due to market forces. Also only individuals should be able to purchase homes and apartment complexes should be abolished as a concept.
Loans in general are bullshit, particularly when done outside of a business context.
If people can't afford homes because they don't have X hundred thousand dollars in the bank then homes shouldn't cost X hundred thousand dollars due to market forces. Also only individuals should be able to purchase homes and apartment complexes should be abolished as a concept.
Along with this is the whole "credit" system. Which is basically just a more elaborate loan system.