this post was submitted on 18 Aug 2025
956 points (99.4% liked)

People Twitter

8269 readers
2819 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a pic of the tweet or similar. No direct links to the tweet.
  4. No bullying or international politcs
  5. Be excellent to each other.
  6. Provide an archived link to the tweet (or similar) being shown if it's a major figure or a politician. Archive.is the best way.

founded 2 years ago
MODERATORS
SendMeYourTaTas@sh.itjust.works
pelespirit@sh.itjust.works
956
How could this happen? (media.piefed.world)
submitted 1 month ago by The_Picard_Maneuver@piefed.world to c/whitepeopletwitter@sh.itjust.works
155 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] tburkhol@lemmy.world 27 points 1 month ago (1 children)

If something were to happen, and you couldn't make rent, you might get evicted, which would be inconvenient.

If something were to happen, and you couldn't make the mortgage, the bank might lose money, which is unconscionable.

[–] DeathByBigSad@sh.itjust.works 3 points 1 month ago (1 children)

But the bank can take the house as collateral, what are they even losing?

[–] scytale@piefed.zip 7 points 1 month ago* (last edited 1 month ago)

Probably much easier to have someone reliably pay than to have to go through all the processes of defaulting, repossessing, renovating/repairing, and reselling.