Become Somebody’s Problem

Borrow

Cannot Be Owned

Change Ownership

Create Commitment

Create Dependence

Drain An Account

Feel Like A Trap

Keep You Up At Night

Need A Signature

Outlive Excitement

Reduce Optionality

Spend The Future

Start With A Deposit

Transfer Responsibility

mortgage

renting

Airbnb

Ludwig van Beethoven

bank

banker

loan

pick-up line

30-year mortgage

millennial

loan company

bank robbery

trivia

racism

WWII

home ownership

inflation

rent

millenial

landlord

real estate

deposit

hacker

student debt

electricity

Christmas decorations

Christmas lights

America

class warfare

taxes

is the financing of homes to provide a little security for a family and a lot of security for the bank that holds the mortgage.

Homes are built to provide a little security for a family , and a lot of security for the bank that holds the mortgage.

is a thing which, by the time a family pays it off for a home in the suburbs, the home isn't home, and the suburbs aren't suburbs.

By the time a family pays off the mortgage for a home in the suburbs, the home isn't home, and the suburbs aren't suburbs.

is how banks enlist would-be property owners as indentured servants for a period of twenty to thirty years or until death, whichever comes first .

How banks enlist would-be property owners as indentured servants for a period of twenty to thirty years or until death, whichever comes first .

is from French 'mort', death, and English 'gag', to choke. A lawyer's invention for choking property to death.

is paid off over a lifetime, and once you finally own it, there's no one to live in it.

Figure it out. Work a lifetime to pay off a house. You finally own it, and there's no one to live in it . ..,...

mortgage, n.Trivia

Keep exploring mortgage→

mortgage