He's nailing it imo. I purchased my house for ~$100k but it's equity has already surpassed my remaining obligations. If you assume the loan is dollar based then it's likely there's more real value in the property than the loan. If you want me on a 50 year Bitcoin denominated loan, GFY.
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These things really don't help the poor. A home where i live they start at 800k most homes in the usa start at 500k 800k
Today 100k gets you a house like in a neighborhood where they sell crack and all kinds of stuff.
Ill rather tale my down payment and pay my rent for the whole year and live rent free for a whole year with now home owner responsibilities. But thats just me.
Need to get you out here in the sticks of Kentucky, you'll be living real nice with the cost of living comparison
Completely get the point of home owner responsibilities, those just suck regardless 🤣