706
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 20 Aug 2023
706 points (96.8% liked)
Asklemmy
43978 readers
586 users here now
A loosely moderated place to ask open-ended questions
Search asklemmy ๐
If your post meets the following criteria, it's welcome here!
- Open-ended question
- Not offensive: at this point, we do not have the bandwidth to moderate overtly political discussions. Assume best intent and be excellent to each other.
- Not regarding using or support for Lemmy: context, see the list of support communities and tools for finding communities below
- Not ad nauseam inducing: please make sure it is a question that would be new to most members
- An actual topic of discussion
Looking for support?
Looking for a community?
- Lemmyverse: community search
- sub.rehab: maps old subreddits to fediverse options, marks official as such
- !lemmy411@lemmy.ca: a community for finding communities
~Icon~ ~by~ ~@Double_A@discuss.tchncs.de~
founded 5 years ago
MODERATORS
You asked for an alternative and I gave you one. You just aren't happy at the idea that massive lenders can afford to make less.
And of course I'm motivated that it benefits me, and millions of ordinary people, what sort of psychopath wouldn't be?
Mortgages are not a scam, I'll give you that. But I'm pretty sure that anyone with a functional moral compass would recognise that usury is immoral.
I asked for an alternative way to finance a house. You either save up yourself or you borrow from someone who has the assets. I don't see a third option.
Yeah ofcourse it would be nice if my mortage didn't have interest or had really low one like it did up untill about a year ago. I'm not against that if my bank decides to offer me such option but that's just fantasy and in no way relevant to the discussion. Ofcourse it would be beneficial to the vast majority of people if the wealthiest ones would settle for less. That's unfortunelately just not the case.
I totally agree with you. What I want is pie in the sky. Without regulation, nothing will change.