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Rent is Robbery
(lemmy.ml)
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this post was submitted on 23 Dec 2023
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Paying a bank hundreds of thousands of dollars in interest is also robbery. what did the bank do? Were rich and did paperwork. Wow so irreplaceable and valuable. Think of all the poor people they swindled to get there! Amazing ๐
The bank isnt even that rich... They are allowed to just dream up the money from nothing and lend it to you.
And if you miss a payment, they get to reposses a real asset.
This is the biggest scam in history. The bank lends you imaginary money, and then reposesses a real asset
And even if the bank owns 90% of the home you are still on the hook to pay the full property taxes.
Hahaha wow... I never even thought about this. I'm paying "rent" to a landlord who doesnt even cover the taxes lol