You’re a millennial. You’re 40. You get a house with a 50 year mortgage. You pay it off until you die at 82. The bank keeps the house and the money. You beat the system somehow.

I guess the plan is for hyperinflation to hit and then you just pay it all off or something.

[–] LeeeroooyJeeenkiiins@hexbear.net 26 points 6 days ago (1 children)

I think they're suggesting that somehow the U.S. collapses before the term of that loan is up

[–] shallot@hexbear.net 31 points 6 days ago (1 children)

Maybe I’m dooming too hard, but I find it easier to believe that the US will collapse than that the banks will. This feels like a sign that maybe I need to go outside or something.

[–] zeca@lemmy.ml 17 points 5 days ago

Depends on how it collapses. If through a revolution, you might keep you house and have your debt pardoned.

[–] RNAi@hexbear.net 21 points 6 days ago (2 children)

But what if the bankers are all killed before you die?

[–] shallot@hexbear.net 34 points 6 days ago

I will not fedpost

[–] Dessa@hexbear.net 11 points 5 days ago* (last edited 5 days ago)

The AI bankers will be dispatched to collect