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58314046 No.58314046 [Reply] [Original]

https://www.independent.co.uk/news/uk/home-news/santander-interest-only-mortgages-bank-b2524155.html

>> No.58314138

>>58314046
To be fair, why would bank offer you a loan to buy a house when they can just buy it instead and rent it to you

>> No.58314152

>>58314046
Showing that image to Florida public school students breaks the law, because the black man as depicted doesn't seem to understand that he's reaping the many benefits of being a slave.

>> No.58314289

>>58314152
Meds.

>> No.58314338
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58314338

>>58314046

>> No.58314350

>>58314338
mortgages are privileges

>> No.58314356

>>58314350
Post nose

>> No.58314362

>>58314046
Wow, how innovative! Theu just reinvented serfdom!

>> No.58314495

>>58314152
finally the state does something I can agree with
>go back to r3ddit you faggot

>> No.58314582

>>58314046
>interest-only mortgages
how does that even work

>> No.58314612

>>58314046
>UK
GOOD GOD WHAT A HELLHOLE AHAHHAHAHAHA

>> No.58314670

>>58314582
You never pay down the principal, and you hope your property appreciated so you get a little something back when you get rid of it.
This certainly blurs the line between owning and renting.

>> No.58315048

>>58314582
Just another term for being a rentoids

>> No.58315059
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58315059

>>58314670
>>58315048

>> No.58315219

>>58315048
except the interest is always a lot lower than the rent

>> No.58315279

Can britbongs be any more cucked? Holy shit!!

>> No.58315324

>>58315279
>>58314612
So y'all are just going to pretend this hasn't already been a thing in the US then?

>> No.58315385

>>58314138
Government incentives and the fact that you're signing up as tenant one indefinitely and agree to pay all property taxes, maintenance and insurance on it.

>> No.58315517

>>58314046
more and more signals pointing to a housing market crash. this is fucking SWEET.