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01:47 PM
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Question for the anti-bank, anti-lending and anti-crypto crowd (who believe all 3)
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[quote:Anonymous Coward 42717143:MV81MjkyMTQ1Xzk3NTQwNDcxXzJCMzJGMkUy] [quote:Anonymous Coward 42717143:MV81MjkyMTQ1Xzk3NTQwNDI1XzUxMjhDMkJF] So the only opinion so far is that you think only super rich people and corporations should own homes. Everyone should be a renter (even though there shouldn’t be landlords lol) And banks are bad because they give people a chance to acquire an asset that they can pass down to their relatives… which also happens to be the majority of people’s largest asset. Wow GLP… wow. A new low. [/quote] And not to mention you also want to take away peoples ability to leverage the equity in their home as well. You just want people to feed corporations and wealthy landlords (even though there shouldn’t be landlords lol) and have nothing to show for it. Unless they can save up about $30,000 a year and then in 10 years they could potentially afford an average house. How many people making an average salary with maybe a kid or 2 have $30,000 left over for savings each year? A new low for GLP [/quote]
Original Message
Say you want to buy a house. Should only people that have enough cash be able to buy?
If you don’t like fiat or crypto, do you think everyone should have hundreds of thousands of dollars worth of PM in their homes? I go to buy a house and I need $500,000 worth of gold and I am just going to hand it all to the seller? Who is then going to just trust it’s all real gold?
If you don’t believe in lending and interest, are you a commie that wants other people’s money for nothing? Why should a random stranger give you their money to use for free?
Seems like there is a segment of people who are anti anything financial (because they are financially illiterate) yet don’t have any realistic solutions on how things would work otherwise.
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