I noticed how the usual jidfs at pdw also support 50 year mortgage, h1b, epstein as hoax and bombing Iran. How interesting 🤔
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You guys are overthinking it. People are living 20 years longer than when 30-year started, dumb people can only plan as far as their monthly bills (if that), and houses are bigger so cost more.
edit: lol as predicted, the "I hate you for telling the truth" downvotes already coming in.
Lol buy a rowhouse box with a doghouse sized yard for $400k
My parents in the actual suburbs bought a two-bedroom one bath house; it was made not too long after the war.
Go off and find a new two-bedroom one bath house in the suburbs. I'd like to see this unicorn.
You think 3 bed 2 bath houses are some kind of recent development Rip Van Winkle?
So that's a "no". Why couldn't you just say so?
This is a wild claim that only a mathematically and statistically illiterate person would make. What was the average life expectancy for a homeowner when the 30-year was introduced, and what is the average life expectancy for a homeowner today? What was the child mortality rate when the 30-year was introduced and what is it today? What was the average life expectancy of someone who lived past 10 years old when the 30-year was introduced vs today?
Regardless any enslavement to the banks in this usury-economy is wrong. Doesn't matter the enslavement term length, morally.
1900: 50 years (5 year mortgage)
1930: 60 years (15 year mortgage)
1950: 68 years (30 year mortgage)
2020: 79 years (50? year mortgage)
Gee, see any trend there? You guys are fucking morons.
Correct me if I'm wrong Archimedes, but 79-68 = 11 years which seems to be about half of the 20 years difference you claimed from the advent of the 30-year
Well at least thanks for admitting I was off by a degree whereas your take was just completely retarded and wrong.
Except I really wasn't. "When 30-year started" is not an exact date, and 30- and 25- and other long mortgages existed before then. They weren't typical or government backed, but they existed.
This was intentionally nebulous because you're not supposed to fixate on a number, but the idea that if you live longer you can borrow for longer. You only care about this number because you think you can save face quibbling over details, when all it shows is you're too dumb to understand the concept.
So your logic is because slaves live longer they should be slaves longer. Magatardism in a nutshell.
I didn't say anything about "should". You guys are really bad at reading.
Don't care, Jew.
It's funny; it's no wonder you guys can't afford a house if you're this retarded.
This is like a text version of Caleb Hammer's show.