return2ozma@lemmy.world to News@lemmy.world · 11 months ago'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothesfinance.yahoo.comexternal-linkmessage-square158fedilinkarrow-up1351arrow-down151
arrow-up1300arrow-down1external-link'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothesfinance.yahoo.comreturn2ozma@lemmy.world to News@lemmy.world · 11 months agomessage-square158fedilink
minus-squarejordanlund@lemmy.worldlinkfedilinkarrow-up12·11 months ago100 year mortgages are already a thing in Japan. Generational wealth? LOL - let me introduce you to generational debt. https://www.sciencedirect.com/science/article/abs/pii/1061951895900047
minus-squareours@lemmy.worldlinkfedilinkEnglisharrow-up5·11 months agoIn Switzerland most mortgages don’t have limits. For tax purposes, it only makes sense to pay off a mortgage before retirement.
100 year mortgages are already a thing in Japan. Generational wealth? LOL - let me introduce you to generational debt.
https://www.sciencedirect.com/science/article/abs/pii/1061951895900047
Well that is depressing.
In Switzerland most mortgages don’t have limits. For tax purposes, it only makes sense to pay off a mortgage before retirement.