RandAlThor@lemmy.ca to Canada@lemmy.ca · 2 years agoLenders now seeing 60-, 70-, even 90-year mortgages as Canadians struggle with rocketing interest rateswww.thestar.comexternal-linkmessage-square42fedilinkarrow-up177arrow-down113
arrow-up164arrow-down1external-linkLenders now seeing 60-, 70-, even 90-year mortgages as Canadians struggle with rocketing interest rateswww.thestar.comRandAlThor@lemmy.ca to Canada@lemmy.ca · 2 years agomessage-square42fedilink
minus-squarecharlieb@kbin.sociallinkfedilinkarrow-up12·1 year ago90 year mortgage? Wait a minute - that’s just a bank-owned rental, that you pay to upkeep? Lmfao.
minus-squarephikshun@lemmy.fmhy.mllinkfedilinkarrow-up1·1 year agoWhat if I’m not though… Can I get a few more happiness rations?
minus-squareManosTheHandsOfFate@lemmy.worldlinkfedilinkarrow-up1·1 year agoYeah that was my first thought - it’s just a rental. I suppose in 40 years you may have enough equity for a bit of retirement money.
90 year mortgage? Wait a minute - that’s just a bank-owned rental, that you pay to upkeep? Lmfao.
You own nothing, you are happy
What if I’m not though… Can I get a few more happiness rations?
Yeah that was my first thought - it’s just a rental. I suppose in 40 years you may have enough equity for a bit of retirement money.