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To: millenial4freedom
Back when we were stupid enough to buy a house using a mortgage, we followed the rule that our payment could be no higher than 2 weeks of unemployment (Should one of us lose a job).

The fuse is lit on this bubble bomb.

2 posted on 06/02/2023 5:42:58 AM PDT by blackdog ((Z28.310) My dog Sam eats purple flowers.)
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To: blackdog

I have a mortgage now. I borrowed some dudes money 15 yrs ago. Every year his money value goes down by inflation and he only charges me a low interest rate.

I should do the math sometime, I bet we came out pretty good.

Now if deflation were to come along....


4 posted on 06/02/2023 5:55:13 AM PDT by Sarcazmo
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To: blackdog

What is stupid about buying a house with a mortgage?


8 posted on 06/02/2023 6:54:57 AM PDT by Dilbert San Diego
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