Anyone who takes out one of those deserves it, if you're gonna rent anyway, might as well go for a place you don't have to fix up when it breaks.
Get it, because 50 year mortgages are essentially leases because very few people will even live long enough to pay them off.
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There is also the debasement play… perhaps inflation outpaces both principal and interest and your payments are a pittance. But yea on it’s surface it’s a shit show