and then you have to sell it to finance your medical debt or retirement home, so your kids aint getting it. they’ll have to pay their own 70 year mortgage (it’ll be 70 by then).
I’m in my 40s and took the “stay with family” questline. I will be paying on the family home until I’m 60 because the parents refinanced it, even on a 30-year term.
It’s still dramatically cheaper than other alternatives, so odds are thry’ll be burying me here. Or I flog it to a speculator and move to some low-COL place like Ho Chi Minh City.
Home ownership in the US becoming further and further from possibility as is the apparent goal, amongst others.
If you ‘get’ a home at twenty years of age, you get the pleasure of paying for your home til you reach 70 years of age.
and then you have to sell it to finance your medical debt or retirement home, so your kids aint getting it. they’ll have to pay their own 70 year mortgage (it’ll be 70 by then).
Capitalism breeding innovation
I’m in my 40s and took the “stay with family” questline. I will be paying on the family home until I’m 60 because the parents refinanced it, even on a 30-year term.
It’s still dramatically cheaper than other alternatives, so odds are thry’ll be burying me here. Or I flog it to a speculator and move to some low-COL place like Ho Chi Minh City.