To: dalereed
Ever hear of intergenerational 100 year mortgages? Japan uses/used them when their real estate bubble burst. They work just like government debt -- your kids get to pay for everything.
Richard W.
8 posted on
12/17/2002 6:54:18 PM PST by
arete
To: arete
I won't live like that!
I have a house worth $675k, a condo worth $195k, $50k in the bank and don't owe anyone anything.
11 posted on
12/17/2002 7:17:46 PM PST by
dalereed
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