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Replying to Avatar StackSats.IO

The #AUStriches Housing Ponzi will be kept afloat with 50-year mortgages.

Nevermind that it now takes 26 years for a school-leaver to save up for a deposit on the average home meaning these people will be in their 90s by the time they pay off their hooom; the Boomers must be kept dumb and happy at all costs! nostr:note1xykr5mdlwfuhl8sjveyptwqj336d50e6v9u0suc0hyen2r2d60fswzu4z9

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Den Yellek 1y ago

Either rent from a landlord or rent from the bank.

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Joe 1y ago

The State still owns the land either way unfortunately.

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Den Yellek 1y ago

Yes.

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