• infinitesunrise@slrpnk.net
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      5 hours ago

      They’re considering offering a 50-year mortgage product to a market where the average first time buyer age is 40. Like no joke they’re aiming to lock people into a mortgage that would cost more per month than renting the same property until they’re 90.

      • alekwithak@lemmy.world
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        3 hours ago

        they’re aiming to lock people into a mortgage that would cost more per month than renting the same property until they’re 90.

        How do you figure that?