\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Reminder: most Americans are paying for a mortgage they will never, ever own

...
fragrant hissy fit
  05/21/17
what do you mean by "own" a mortgage? do you mean...
buck-toothed primrose range
  05/21/17
The mortgage is a huge jewish scam
Beady-eyed Hospital
  05/21/17
the mortgage industry is actually surprisingly goy if you lo...
Soul-stirring Aquamarine Theater Queen Of The Night
  05/21/17
talked to an older woman about this and she was like, yeah b...
low-t coldplay fan office
  05/21/17
Proles will never "own" anything
mischievous brunch feces
  05/21/17
lib utopia!
aphrodisiac round eye
  05/21/17
Imagine no possessions!
flesh racy sanctuary
  05/21/17
average American takes out a 30 year mortgage for a house he...
Mint site
  05/21/17
? if you rent you're just paying someone else's mortgage ...
Claret motley theatre
  05/21/17
you still own whatever equity you have in the underlying rea...
massive piazza
  05/21/17
You probably would have got a better return investing in the...
Cheese-eating Cream House Old Irish Cottage
  05/21/17
It's a forced savings mechanism for most people.
Thirsty Prole Dopamine
  05/21/17
Correct, but I'm assuming posters on this board have self-co...
Cheese-eating Cream House Old Irish Cottage
  05/21/17
LOL
talented space giraffe
  05/21/17
Harsh, but fair.
Cheese-eating Cream House Old Irish Cottage
  05/21/17
I'm buying a place all-cash in the next 12 months. Would nev...
blathering bistre son of senegal
  05/21/17
(guy paying a purchase price inflated by the benefits of lev...
Snowy people who are hurt
  05/21/17


Poast new message in this thread



Reply Favorite

Date: May 21st, 2017 4:17 AM
Author: fragrant hissy fit



(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33356973)



Reply Favorite

Date: May 21st, 2017 4:35 AM
Author: buck-toothed primrose range

what do you mean by "own" a mortgage? do you mean "own" a home?

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33356999)



Reply Favorite

Date: May 21st, 2017 4:19 AM
Author: Beady-eyed Hospital

The mortgage is a huge jewish scam

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33356979)



Reply Favorite

Date: May 21st, 2017 10:00 AM
Author: Soul-stirring Aquamarine Theater Queen Of The Night

the mortgage industry is actually surprisingly goy if you look at the executive leadership of the main originators/lenders

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33357440)



Reply Favorite

Date: May 21st, 2017 4:31 AM
Author: low-t coldplay fan office

talked to an older woman about this and she was like, yeah basically you are going to pay twice the principal balance of the loan over the course of the mortgage, but you really have to own a home at some point in order to fit in. that's kind of how it is in the midwest anyway.

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33356995)



Reply Favorite

Date: May 21st, 2017 4:32 AM
Author: mischievous brunch feces

Proles will never "own" anything

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33356997)



Reply Favorite

Date: May 21st, 2017 4:35 AM
Author: aphrodisiac round eye

lib utopia!

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33357000)



Reply Favorite

Date: May 21st, 2017 11:16 AM
Author: flesh racy sanctuary

Imagine no possessions!

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33357782)



Reply Favorite

Date: May 21st, 2017 9:41 AM
Author: Mint site

average American takes out a 30 year mortgage for a house he will live in for 7 years (not flame)

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33357406)



Reply Favorite

Date: May 21st, 2017 10:11 AM
Author: Claret motley theatre

?

if you rent you're just paying someone else's mortgage man

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33357485)



Reply Favorite

Date: May 21st, 2017 11:09 AM
Author: massive piazza

you still own whatever equity you have in the underlying real estate. if you sell before the note matures its not like you walk away empty-handed. I have $120k equity in a property that I will most likely not be living in at the end of my 30 year mortgage term. I'll probably be renting by that point in my life.

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33357758)



Reply Favorite

Date: May 21st, 2017 11:12 AM
Author: Cheese-eating Cream House Old Irish Cottage

You probably would have got a better return investing in the stock market.

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33357766)



Reply Favorite

Date: May 21st, 2017 11:18 AM
Author: Thirsty Prole Dopamine

It's a forced savings mechanism for most people.

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33357784)



Reply Favorite

Date: May 21st, 2017 11:19 AM
Author: Cheese-eating Cream House Old Irish Cottage

Correct, but I'm assuming posters on this board have self-control

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33357786)



Reply Favorite

Date: May 21st, 2017 11:21 AM
Author: talented space giraffe

LOL

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33357789)



Reply Favorite

Date: May 21st, 2017 12:47 PM
Author: Cheese-eating Cream House Old Irish Cottage

Harsh, but fair.

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33358330)



Reply Favorite

Date: May 21st, 2017 11:31 AM
Author: blathering bistre son of senegal

I'm buying a place all-cash in the next 12 months. Would never take out a loan to support the banking industry

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33357837)



Reply Favorite

Date: May 21st, 2017 12:44 PM
Author: Snowy people who are hurt

(guy paying a purchase price inflated by the benefits of leverage and the mortgage interest deduction but smugly refusing to avail himself of those benefits)

(http://www.autoadmit.com/thread.php?thread_id=3621358&forum_id=2#33358313)