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RE: Lost your shirt?

in LeoFinance3 years ago

Lol, bloody renting Swedes!

I can see some advantages in a way, house prices are increasing to such a degree here that some people will never be able to afford to buy in their lifetimes and increasing the term would help, but hell, I feel the weight of a 25 year one pulling me down. Then again, some excess into crypto and become a whaley king!

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What i see happening is that a lot of people are going to lose their houses as they overpaid, or be forced into refinancing for a longer loan. Back in the day it was "taking a second mortgage" - scam.

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