On: Mortgages are a manufactured product (2022)

[Joel_Mckay]

In 25 years, maybe current trends will change things... maybe...

But don't cite people playing games with market valuations, and having vested interest in naive buyers... It makes you sound less credible and silly.

https://www.youtube.com/watch?v=aNSHZG9blQQ

[astrange → Joel_Mckay]

The homeownership and employment rates aren't "playing games with market valuations", and they're both good right now. Better than ever in fact.

[Joel_Mckay → astrange]

Is your mortgage, insurance, and taxes taking over 32% of your income? You will always be poor and never understand why.

Everyone forgets that exact same rhetoric was popularized in most of 2007...

Indeed, wall-street index fund success is often disconnected from the general populations well-being =3

https://www.youtube.com/watch?v=qqUMbxHLPvk