Free Republic
Browse · Search
News/Activism
Topics · Post Article

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
[ Post Reply | Private Reply | To 3 | View Replies ]


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
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson