Why wasn’t the pandemic rents paid back? Those landlords who could not collect rent because our goverment told them they didn’t have to pay? That screwed me, our rentals, this is a absolute farce.
I ate bologna and cheese for a couple of years to save the down payment, this sounds like another bait-and-switch. If they need a new car in the next 30 years; or a hot water heater, they’ll find they’re spread too thin to make real progress in any one area. Who benefits, is the beneficiary of their interest payments. Additional principal payments can be made anytime over the course of the loan, but earlier additional payments will save you more in interest. Repaying the borrowed down payment essentially diminishes this option. While they’re told they’ll have instant equity, repaying the down payment gradually erodes that. Put another way; if instead of this, you can buy a place with no money down, or your own down payment: Instead of repaying the down payment; outside the loan, you can pay the principal, inside the loan.
I think your right. Its always been in order to start one world government. Going to pray !
Why wasn’t the pandemic rents paid back? Those landlords who could not collect rent because our goverment told them they didn’t have to pay? That screwed me, our rentals, this is a absolute farce.
Because the idea wasn't about helping anyone, just about wrecking the economy, & crushing the middleclass.
I ate bologna and cheese for a couple of years to save the down payment, this sounds like another bait-and-switch. If they need a new car in the next 30 years; or a hot water heater, they’ll find they’re spread too thin to make real progress in any one area. Who benefits, is the beneficiary of their interest payments. Additional principal payments can be made anytime over the course of the loan, but earlier additional payments will save you more in interest. Repaying the borrowed down payment essentially diminishes this option. While they’re told they’ll have instant equity, repaying the down payment gradually erodes that. Put another way; if instead of this, you can buy a place with no money down, or your own down payment: Instead of repaying the down payment; outside the loan, you can pay the principal, inside the loan.