/biz/ - Business & Finance

>>30349362
Why should I not prepare for the "rough few years" now, and move back to a variable rate when the economy looks a bit more stable? Looking at what happened in 2008-2011 and understanding that this time it's even worse, I want to protect myself while I still can.
>>30349442
Yeah I'm a yuropoor. Here in Finland our apartment buildings are "apartment housing companies" that basically separate the apartments' ownership into shares. The way the mortgage works is that the ownership of the certain shares (that represent ownership of my apartment) is transferred from the previous owner to the buyer (the bank), and my mortgage payments go toward buying those shares of my apartment from the bank.

Apartment housing companies also charge management charges from the residents of the apartment building depending on what the shareholders or in other words apartment owners (NOTE: the debtor is given status of ownership even though the bank has some or most of their shares) decide to do. If shareholders decide that the apartment building has to be painted or that all of the kitchens need to be renovated, the management charges will be adjusted in order to meet these new demands. Needless to say apartment buildings have very variable management fees, mine are about 220€ monthly, which is about $260.

Sounds more complicated than it is.
So in any case I not only have to pay my denbts and the (((interest))) but also the monthly management fees.

>>29554603
Gimme milkies

>>19968103
i just want a comfy nite at Umaru's house, eating pizza, playing vidya, and having cola other snackus with senpai. until we fall asleep around the kotatsu surrounded by plushies of our favourite animal characters

>>18391041
Nnnooooooooo!!@@@

>>18094411
nnnooooooo!

no no no

>>17978917
bring me back some Tim Hortons