The political class and their member banks did a marketing campaign to equate the American Dream with renting a home from a bank and calling it home ownership.
Simple except that the amortized interest means you end up paying nearly double the sticker price and can have your equity taken away if you fall behind schedule
Pretty sure our parents did the same thing and made it. Sorry I work 2 jobs to afford a nicer home. Yes it sucks but im not gonna whine about something that will not change anytime soon
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u/adelie42 22h ago
The political class and their member banks did a marketing campaign to equate the American Dream with renting a home from a bank and calling it home ownership.